Redfin (NASDAQ:RDFN) 株価情報

REDFIN CORP

Redfin

Redfin Corp is a residential real estate broker. It pairs its agents with the technology to create a service that is faster and costs less. The company meets customers through a listings-search website and mobile application. The company uses the same combination of technology and local service to originate mortgage loans and offer title and settlement services. It has five operating segments real estate services, rentals, mortgage, title, and monetization. The company generates the majority of its revenue from Real estate services.

Why Warren Buffett Turns To Kipling’s 1895 Poem “If—” When Markets Crash

News

Markets

RDFN

ウォーレン・バフェットが率いるバークシャー・ハサウェイ（NYSE:BRK）が、ニューヨークを拠点とするコンパス・リアルエステイトに不動産業事業の売却を交渉中との報道があった。

ウォーレン・バフェットは不動産事業の売却予定、アナリストは「米国の住宅価格の賭けではない」とコメント

Redfin Corp

<a href="https://www.youtube.com/watch?v=L6rcfh4Q-rk">https://www.youtube.com/watch?v=L6rcfh4Q-rk</a>

Macro Notification

Politics

Economics

General

Fed Chair Powell Says Debt Path Not Sustainable, Will Have To Be Addressed Sooner Or Later

<a href="https://www.bloomberg.com/news/videos/2025-06-30/tiktok-buyer-has-been-found-says-trump-video" title="https://www.bloomberg.com/news/videos/2025-06-30/tiktok-buyer-has-been-found-says-trump-video">https://www.bloomberg.com/news/videos/2025-06-30/tiktok-buyer-has-been-found-says-trump-video</a>
&nbsp;

ORCL

SNAP

Reported June 30, 2025: 'President Donald Trump Says A Buyer Group For TikTok Has Been Found And A Nod From China Is Now Needed' - Bloomberg News

Wells Fargo analyst Joseph O'Dea maintains Otis Worldwide (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OTIS#NYSE">OTIS</a>) with a Equal-Weight and raises the price target from $95 to $100.

Price Target

Analyst Ratings

OTIS

Wells Fargo Maintains Equal-Weight on Otis Worldwide, Raises Price Target to $100

Goldman Sachs analyst Stephen Laszczyk upgrades Hasbro (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) from Neutral to Buy and raises the price target from $66 to $85.

Upgrades

Goldman Sachs Upgrades Hasbro to Buy, Raises Price Target to $85

<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="900" height="600" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/01085152/Chaoju-0701-900x600-1.png" alt="" class="wp-image-15130" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/01085152/Chaoju-0701-900x600-1.png 900w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/01085152/Chaoju-0701-900x600-1-300x200.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/01085152/Chaoju-0701-900x600-1-768x512.png 768w" sizes="(max-width: 900px) 100vw, 900px" /></figure>
The private hospital and clinic operator announced two new purchases, signaling a potential return to acquisitions after a quiet period last year
<h4 class="wp-block-heading">Key Takeaways:</h4>
<ul class="wp-block-list">
<li>Chaoju Eye Care announced plans to buy out one of its majority-owned eye care facilities in Ningbo, and purchase 70% of another facility in the Ningxia region</li>
<li>The company is trying to jumpstart its growth, as its revenue began to contract and its profit tumbled 30% in the second half of last year</li>
</ul>
It ain't easy being outside the Chinese national health system.
That's a lesson that many operators of the thousands of private hospitals and clinics outside China's national health plan have been learning lately, as they try to make money by providing elective services such as eye and dental care, and cosmetic surgery. But in a slowing economy like the current one, consumers are reining in their spending on such elective procedures that aren't covered by China's national medical insurance.
As their businesses stagnate and even start to contract, some companies are trying to bring excitement back to their stagnating stocks by growth through acquisitions. One of those is&nbsp;Chaoju Eye Care Holdings Ltd.&nbsp;(2219.HK), which on Monday&nbsp;<a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2025/0630/2025063004076.pdf">announced</a>&nbsp;plans to acquire two hospitals, one in the coastal city of Ningbo in East China's Zhejiang province, and the other in the city of Wuzhong in the less developed Ningxia region in interior China.
Both acquisitions look aimed at getting investors interested in Chaoju, which hoped to position itself as a consolidator in China's fragmented eye care industry at the time of its IPO back in 2021. Neither of these two deals looks all that exciting, for reasons we'll explain shortly. But on a more symbolic level, they could indicate that Chaoju is back in acquisition mode after going more than a year without any major new purchases.
Perhaps reflecting how difficult it is to run such centers profitably, Chaoju isn't paying all that much for the two facilities in its latest announcement. The larger of the deals will see Chaoju pay about 14 million yuan ($2 million) for 37% Ningbo Boshi Eye Hospital, valuing the facility at about 38 million yuan.
Here, we should point out that Chaoju already owned the other 63% of Boshi Eye Hospital, so it was already the facility's majority shareholder and consolidated the hospital's results into its financial reports. So, this particular deal isn't even really an acquisition.
The second deal is an actual acquisition that will see Chaoju buy 70% of Wuzhong Yunshikang Eye Hospital for about 5 million yuan. That modest price values the hospital at just 7.14 million yuan, or around $1 million, which is hardly a mega-deal.
"These acquisitions form part of the company's established strategic plan," Chaoju said. "The company will continue to deepen its presence in the Zhejiang and Ningxia regions, strengthen its industry competitiveness through multi-point deployment, expand its market share, and effectively mitigate market risks."
Chaoju announced the deals ahead of a Hong Kong public holiday on July 1, so we won't get to see what shareholders thought until trading resumes on Wednesday. But we wouldn't be surprised to see little or no reaction, since the combined deals are only worth 20 million yuan, or less than $3 million.
<h4 class="wp-block-heading">Lack of excitement</h4>
Such a muted reaction would mirror Chaoju's broader recent performance, with the shares unchanged from where they started the year. Based in interior China's Inner Mongolia region, the company looked more interesting at the time of its 2021 IPO due to its potential to help consolidate an industry set for strong growth. But since then it has largely disappointed, and the latest close of HK$2.85 for its stock is down more than 70% from its IPO price of HK$10.60.
Chaoju certainly isn't alone in being shunned by investors, who are rapidly losing interest in such private hospital and clinic operators. The company's current price-to-earnings (P/E) ratio of 9.2 looks quite low compared to other healthcare tickers from the drug and medical device sector. But it's quite similar to the 9.9 ratio of&nbsp;Modern Dental&nbsp;(3600.HK), an operator of private dental clinics, as well as the 10 for&nbsp;Perfect Medical&nbsp;(1830.HK), which owns a chain of cosmetic surgery centers.
Chaoju looked a bit more interesting shortly after its IPO, when it embarked on a relatively aggressive buying spree as it moved beyond its home base in Inner Mongolia. The company operated 17 eye hospitals and 24 optical centers at the end of 2021, shortly after its listing, and had boosted that network with nine additions in 2022, including seven hospitals and two optical centers.
It continued that pace of expansion in 2023 with 10 additions, seven hospitals and three optical centers, bringing its network to 31 hospitals and 29 optical centers by the end of that year. But then its expansion suddenly came to a halt, with no new additions last year. The company announced plans to buy a Beijing hospital at the start of 2024, which would have been a relatively large purchase costing 36.8 million yuan. But that deal, involving the Beijing Mingyue Ophthalmic Clinic, apparently never closed, as the hospital wasn't included in the company's latest annual report released in April this year.
As its growth via acquisitions has stalled, Chaoju has also started feeling the effects of China's economic slowdown. The company managed to eke out 2.6% revenue growth last year, as the figure reached 1.41 billion yuan. But calculations using the annual report and data for the first half of last year showed Chaoju's revenue began to contract in the second half of last year, falling 0.9%, after growing 6% in the first half.
The company's gross margin last year also fell by nearly 2 percentage points to 43.5% from 45.4% in 2023, reflecting shrinking profitability as patient numbers and average spending per customer came under pressure, even as its operating costs remained relatively unchanged.
As a result of that, its profit for all 2024 fell 12% to 186 million yuan from 221 million yuan a year earlier. And some calculations show that its profit fell by a far larger 30% year-on-year in the second half of 2024, compared with an 8.8% decline in the first half of the year.
Chaoju certainly has plenty of money for future acquisitions, reporting 781 million yuan in its coffers at the end of last year, up sharply from 463 million yuan a year earlier. The latest announcement could signal it's preparing to use more of that cash to start making more acquisitions again. That could bring some excitement back to its stock if it finds good acquisition targets, though it will need to be careful to avoid assets whose financial positions may be shaky in the currently weak economic environment.

Asia

Equities

Global

Opinion

It Isn't Easy Being Outside The Chinese National Health System: The Story Of Chaoju Eye Care

Wells Fargo analyst Joseph O'Dea maintains Lennox Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LII#NYSE">LII</a>) with a Underweight and raises the price target from $500 to $550.

Wells Fargo Maintains Underweight on Lennox Intl, Raises Price Target to $550

Goldman Sachs analyst Neil Mehta downgrades Coterra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTRA#NYSE">CTRA</a>) from Buy to Neutral and maintains the price target from $31 to $31.

Downgrades

CTRA

Goldman Sachs Downgrades Coterra Energy to Neutral, Maintains Price Target to $31

Argus Research analyst John Staszak upgrades Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) from Hold to Buy and maintains the price target from $85 to $85.

Argus Research Upgrades Nike to Buy, Maintains Price Target to $85

Wells Fargo analyst Joseph O'Dea maintains Ingersoll Rand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IR#NYSE">IR</a>) with a Overweight and raises the price target from $86 to $95.

Wells Fargo Maintains Overweight on Ingersoll Rand, Raises Price Target to $95

Salesforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) has outperformed the market over the past 20 years by 13.81% on an annualized basis producing an average annual return of 22.29%. Currently, Salesforce has a market capitalization of $260.65 billion. 
Buying $1000 In CRM: If an investor had bought $1000 of CRM stock 20 years ago, it would be worth $56,075.06 today based on a price of $272.65 for CRM at the time of writing.
<h3>Salesforce's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1751379365_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$1000 Invested In Salesforce 20 Years Ago Would Be Worth This Much Today

Artificial intelligence is taking over tax preparation at major brokerage houses, easing the burden on small and large investors. That means less time poring through spreadsheets, looking to save pennies, and more time growing long-term assets.&nbsp;
Traditionally, investors <a href="https://www.kiplinger.com/taxes/tax-planning/technology-unleashes-power-of-year-round-tax-loss-harvesting">calculated</a> the tax impact of trading losses once per year because it was so complex, often requiring extensive record-keeping. That meant waiting until the fourth quarter, or until brokers mailed a list of transactions in January on IRS Form 1099. Thankfully, high tech has now taken the wheel, according to Kiplinger, with automated tax-loss harvesting doing the math work.
Don't Miss:
<ul class="wp-block-list">
<li>Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wideradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation</a>. </li>
<li>Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. <a href="https://www.benzinga.com/money/this-company-may-have-found-a-way-to-treat-cancer-by-tricking-the-bodys-immune-system-and-early-studies-show-some-promise-find-out-how-you-can-invest-in-the-future-of-cancer-treatment">Back a bold new approach to cancer treatment with high-growth potential.</a></li>
</ul>
Federal rules allow investors who lose money on certain securities to deduct part of their losses from taxable income. Most of these calculations come into play with stocks, but index funds, bonds, <a href="https://www.rentastic.io/blog/capital-gains-tax-loss-harvesting#:~:text=Capital%20Gains%20Tax%20Overview,year%20(The%20Tax%20Adviser).&amp;text=Hits%20like%20regular%20income%20taxes,40.8%25%20for%20the%20big%20earners.&amp;text=More%20like%20a%20%22nice%20to,%25%20for%20the%20well%2Doff.&amp;text=Knock%20down%20both%20short%2D%252">real estate</a> and even cryptocurrency can meet loss requirements. Instead of doing-it-yourself, automated tax-loss harvesting can now match up those gains and losses daily.&nbsp;
Note: traditional 401(k) retirement accounts can't harvest losses because they are not taxed until distribution.&nbsp;
Automated harvesting is generally free for small investors through popular <a href="https://www.schwab.com/automated-investing/what-is-a-robo-advisor">robo-advisors</a>, requiring just a quick opt-in. According to Kiplinger, the AI harvests when an investor sells assets, including stocks, that have lost value and uses the proceeds to offset gains from other assets. However, these transactions can conflict with the equally arcane wash sale rule, which may change official entry and exit prices of affected instruments.
Trending: GoSun's Breakthrough Rooftop EV Charger Already Has 2,000+ Units Reserved — <a href="https://www.benzinga.com/money/meet-the-company-seeking-to-give-americans-energy-independence-and-learn-how-you-can-become-an-early-investor">Become an Investor in This $41.3M Clean Energy Brand Today</a>
<a href="https://www.benzinga.com/quote/JPM">JPMorgan Chase</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) <a href="https://www.chase.com/personal/investments/learning-and-insights/article/what-is-a-wash-sale-things-to-know#:~:text=The%20wash%2Dsale%20rule%20prevents,tax%20benefits%20of%20realizing%20losses.">explains</a> the wash sale rule, which triggers when you sell a security at a loss and buy a "substantially identical" security within 30 days. IRS created this market prohibition to "prevent taxpayers from deducting paper losses without significantly changing their market position." Harvesting AI solves this issue by considering wash sales when matching up transactions used to reduce capital gains and/or increase capital losses.
Extensive back-end record-keeping is needed for daily tax-loss harvesting. Kiplinger notes the complexity of this task, citing an example in which a portfolio has 15 securities, each with 15 tax lots, or groupings with the same entry price and time stamp. That equals 225 total lots needing review before any harvesting. Now, imagine how many terabytes are required to examine the thousands of trades done each year by some short-term players.
Harvesting and other broker tech now examine enormous records and match them daily. This adds to an automation trend that started in <a href="https://help.streetsmart.schwab.com/edge/1.6/Content/wash_sale.htm#:~:text=A%20Wash%20Sale%20occurs%20when,the%20loss%20can%20be%20taken.">2011</a> when the IRS required brokers to recalculate the security's cost basis in real time to account for wash sales. This is why some investors still scratch their heads, trying to figure out why the prices and profits reported on monthly statements don't match their transactions.
See Also: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — <a href="https://www.benzinga.com/money/americans-spend-1000-per-year-on-plastic-water-bottles-kara-pod-gives-you-clean-drinking-water-by-pulling-moisture-from-the-air">And You Can Invest At Just $6.37/Share</a>
<a href="https://www.kiplinger.com/retirement/how-direct-indexing-can-be-a-smarter-way-to-invest">Direct index</a> strategies have multiplied like rabbits since automated tax-loss harvesting came into popular use. In this scheme, large investors buy stocks of an index directly, and in proportion to the underlying <a href="https://www.benzinga.com/money/equal-weight-etfs">weighting</a>. Harvesting then consumes orders of magnitude more data than Kiplinger's example, capturing losses up to 40% of the portfolio, or "nearly double" common ETF-to-ETF trading strategies.
Despite its promise, the benefits of this artificial intelligence are negligible if small investors don't actively buy and sell stocks. As Kitces.com columnist Ben Hendry-Moreland <a href="https://www.kitces.com/blog/automated-tax-loss-harvesting-technology-software-value-risks-gaps-benefits/">notes</a>, much of this technology "fails to consider the individual tax circumstances." And he admits that, "in reality, not all investors may benefit from tax-loss harvesting."
Read Next: How do billionaires pay less in income tax than you?<a href="https://www.benzinga.com/money/tax-deferring-adv"> Tax deferring is their number one strategy</a>.
Image: Shutterstock

Personal Finance

This Tech Upgrade Could Save Investors Thousands in Taxes—Automatically

Fed Chair Powell Says Nothing Has Changed With Regard To Swap Lines

Goldman Sachs analyst Neil Mehta upgrades Ovintiv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OVV#NYSE">OVV</a>) from Neutral to Buy and raises the price target from $47 to $51.

Goldman Sachs Upgrades Ovintiv to Buy, Raises Price Target to $51

Evercore ISI Group analyst Duane Pfennigwerth upgrades Allegiant Travel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) from In-Line to Outperform and announces $75 price target.

ALGT

Evercore ISI Group Upgrades Allegiant Travel to Outperform, Announces $75 Price Target

INACU

Trading Halt: Halt status updated at 10:10:00 AM ET: Quotation Resumption: IPO Security - Released for Quotation

The Nuclear Regulatory Commission (NRC) has approved Dominion Energy South Carolina's application to extend the operating license for V.C. Summer Nuclear Station for an additional 20 years.
Dominion Energy received approval to extend the operating licenses for Surry Power Station and North Anna Power Station in 2021 and 2024, respectively. The company plans to seek NRC approval to extend the operating license for Millstone Power Station in Connecticut.
In addition to providing electricity, Dominion Energy provides more than $33 million in tax revenue to Fairfield County annually as well as donates to local community organizations.

Nuclear Regulatory Commission Approves Dominion Energy South Carolina's Application To Extend Operating License For V.C. Summer Nuclear Station For Additional 20 Years

Evercore ISI Group analyst Robert Coolbrith reinstates Gen Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEN#NASDAQ">GEN</a>) with a Outperform and announces $35 price target.

Initiation

Evercore ISI Group Reinstates Outperform on Gen Digital, Announces $35 Price Target

U.S. stocks traded mixed this morning, with the Dow Jones index gaining over 50 points on Tuesday.
Following the market opening Tuesday, the Dow traded up 0.15% to 44,160.53 while the NASDAQ declined 0.42% to 20,284.31. The S&amp;P 500 also fell, dropping, 0.21% to 6,192.43.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/dividends/25/07/46191543/how-to-earn-500-a-month-from-unifirst-stock-ahead-of-q3-earnings">How To Earn $500 A Month From UniFirst Stock Ahead Of Q3 Earnings</a>
Leading and Lagging Sectors Consumer staples shares jumped by 0.7% on Tuesday.
In trading on Tuesday, energy stocks fell by 0.7%.
Top Headline
MSC Industrial Direct Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) posted better-than-expected financial results for its fiscal third quarter of 2025.
Net sales slipped 0.8% year over year to $971.1 million but edged past the consensus estimate of $970.23 million. The company reported adjusted earnings per share of $1.08, down 18.8% year over year, topping analysts' expectations of $1.03.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul class="wp-block-list">
<li>BioNexus Gene Lab Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGLC#NASDAQ">BGLC</a>) shares shot up 225% to $10.09 after gaining 12% on Monday.</li>
<li>Shares of Wolfspeed, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>) got a boost, surging 149% to $0.9934 after the company initiated its pre-packaged restructuring process.</li>
<li>ClearOne, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLRO#NASDAQ">CLRO</a>) shares were also up, gaining 98% to $11.60. The company announced it will issue a one-time special stock dividend on July 18.</li>
</ul>
Equities Trading DOWN
<ul class="wp-block-list">
<li>Oragenics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OGEN#NYSE">OGEN</a>) shares dropped 58% to $1.6194 after the company announced a $20 million public offering of preferred stock and warrants.</li>
<li>Shares of Sonim Technologies, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SONM#NASDAQ">SONM</a>) were down 47% to $0.6450 after the company announced the pricing of a $5.55 million offering of 7,400,000 shares at $0.75 per share.</li>
<li>Globavend Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GVH#NASDAQ">GVH</a>) was down, falling 45% to $0.0641.</li>
</ul>
Commodities In commodity news, oil traded up 0.5% to $65.42 while gold traded up 1.6% at $3,359.80.
Silver traded up 1.1% to $36.555 on Tuesday, while copper rose 1.9% to $5.1775.
Euro zone
European shares were lower today. The eurozone's STOXX 600 fell 0.4%, while Spain's IBEX 35 Index fell 0.1%. London's FTSE 100 fell 0.1%, Germany's DAX 40 declined 0.6% and France's CAC 40 slipped 0.4% during the session.
Asia Pacific Markets
Asian markets closed mixed on Tuesday, with Japan's Nikkei dipping 1.24%, China's Shanghai Composite gaining 0.39% and India's BSE Sensex gaining 0.11%.
Economics
<ul class="wp-block-list">
<li>The S&amp;P Global manufacturing PMI climbed to 52.9 in June compared to 52 in the previous month, and initial market estimates of 51.</li>
<li>The number of job quits increased by 78,000 to 3.293 million in May compared to the revised 3.215 million in the previous month.</li>
</ul>
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</ul>
Photo via Shutterstock

Earnings

Eurozone

Commodities

Intraday Update

BGLC

CLRO

OGEN

SONM

WOLF

US Stocks Mixed; Dow Gains Over 50 Points

<a href="https://www.ft.com/content/9b774b4a-7b26-4ea8-95fa-9796dce13253">https://www.ft.com/content/9b774b4a-7b26-4ea8-95fa-9796dce13253</a>

'EU toughens stance on Donald Trump's tariffs as deadline looms'- Financial Times

Rocket Lab Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) is trading higher in Tuesday&#8217;s premarket session following a major milestone in its<a target="_blank" href="https://www.benzinga.com/pressreleases/25/07/b46191678/rocket-lab-successfully-completes-critical-design-review-for-space-development-agencys-t2tl-beta-c" rel="noreferrer noopener"> national security business</a>.
The company announced it has successfully completed the Critical Design Review (CDR) for its 18-spacecraft mission under the U.S. Space Development Agency&#8217;s Tranche 2 Transport Layer-Beta (T2TL-Beta) program.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, RKLB stock has gained over 687% in the past year. Investors can gain exposure to the stock via&nbsp;ARK Space Exploration &amp; Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKX#BATS">ARKX</a>).
Also Read: <a target="_blank" href="https://www.benzinga.com/news/space/25/06/46185205/rocket-lab-breaks-records-and-stock-up-640-in-past-year-ast-spacemobile-impresses-defense-kuiper-grows" rel="noreferrer noopener">Shooting Stars: Rocket Lab Breaks Records (And Stock Up 640% In Past Year), AST SpaceMobile Impresses Defense, Kuiper Grows</a>
The milestone moves Rocket Lab closer to full-scale production of satellites designed to support a resilient, low-Earth orbit communications network for U.S. and allied military forces.
The development marks a key step in the Proliferated Warfighter Space Architecture initiative.
Rocket Lab National Security, a wholly owned subsidiary of Rocket Lab, serves as the prime contractor for this high-priority mission.
The company is tasked with building and delivering a fleet of 18 satellites using its advanced Lightning platform, purpose-built for secure, high-speed data handling in defense-oriented satellite constellations.
The CDR confirms that Rocket Lab&#8217;s satellite design, production processes, and systems architecture align with mission specifications. With this green light, the company is now cleared to begin manufacturing the constellation, a move that underscores its readiness to support national defense goals at speed and scale.
Rocket Lab&#8217;s vertical integration strategy enables it to produce critical spacecraft subsystems internally, including avionics, star trackers, radios, solar panels, software, and structural components.
This model offers enhanced control over costs, quality, and production timelines, positioning Rocket Lab as a full-spectrum space technology provider.
&#8220;The Proliferated Warfighter Space Architecture is reshaping how the U.S. secures space for the joint force, and Rocket Lab is proud to be a contributor,&#8221; said Brad Clevenger, President of Rocket Lab National Security.
He emphasized the company&#8217;s ability to meet the demanding standards of national security space with reliable and scalable technology.
Price Action: RKLB shares are trading higher by 2.21% to $36.56 at last check Tuesday.
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</ul>
Photo by Emagnetic via Shutterstock

Movers

ARKX

RKLB

What's Going On With Rocket Lab Stock On Tuesday?

Press Releases

Homebuyers' Down Payments Are Shrinking for the First Time in Almost Two Years as Housing Market Cools

Redfin and Thumbtack Team Up to Help Homeowners Find the Right Professional for Every Project

Redfin Survey: 1 in 3 Baby Boomers Say They'll Never Sell Their Home

Redfin Reports U.S. Home Prices Hit All-Time High

Redfin Reports Home Prices Grow at Slowest Pace in Nearly Two Years

Redfin Reports 6% of Today's Home Sellers Are at Risk of Selling at a Loss

U.S. Home Prices Edged Down 0.1% in May, Only the Fourth Monthly Drop in the Past Decade

May's 10 Most Expensive Home Sales

Redfin Reports New Listings Lose Steam, Pending Sales Fall As Home Prices Hit Another Record High

Condo Prices Dropped 2% in May—the Second Largest Decline on Record

Altisource Portfolio Solutions S.A. - Common Stock

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KE Holdings Inc American Depositary Shares (each representing three Class A Ordinary Shares)

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