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Planet Labs PBC (PL) opened a new 5,700-square-meter satellite manufacturing facility in Berlin, hosting Germany’s Federal Minister for Economic Affairs and Energy. This marks a fresh operational milestone for the Earth observation specialist. For shareholders, Planet Labs PBC’s story has been mixed in the near term and strong over longer horizons. The 1-day and 7-day share price returns of 3.96% and 5.37% contrast with a 30-day share price decline of 23.42% and a 90-day slide of 40.17%. At...

Planet Labs PBC (NYSE:PL) has opened a new satellite manufacturing facility in Berlin’s Mitte district, expanding its European operations and establishing production capacity for its Pelican satellite programme. German Federal Minister for Economic Affairs and Energy Katherina Reiche attended the opening of the 5,700-square-metre facility.

A volatile week saw AI regulation fears hit chip stocks before a recovery, with MarketBeat writers covering Micron, Nike, Tesla, Rocket Lab, Adobe, SpaceX and other stocks ahead of key inflation and jobs data.

Planet Labs PBC (NYSE:PL) won a contract from Germany's Federal Ministry of the Interior for a dedicated satellite constellation. The German ministry will receive exclusive access to Planet's Constellation Services for civil government use under the new agreement. The deal expands Planet Labs' role with European public sector clients and increases its exposure to the geospatial data market. This exclusive German satellite constellation deal is only one piece of the wider Planet Labs...

Investors are gearing up for Friday’s jobs report—one of the first major economic indicators that will inform the Federal Reserve under its new chairman, Kevin Warsh. Economists expect the report to show that U.

Economic releases this week will spotlight employment—in both the JOLTS and the jobs report—and business purchasing activity. Palo Alto, Dollar General, and Lululemon will close out this earnings season.