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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.
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.
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