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Why did a Blue Origin rocket explode and is it a blow to the sector?
Reuters Videos121d agoneutralVIDEO
Why did a Blue Origin rocket explode and is it a blow to the sector?

<body><p>STORY: :: NASASpaceflight.com</p><p>An uncrewed rocket from space company Blue Origin was swallowed by a fireball on its Florida launchpad on Thursday.</p><p>No one was hurt when the New Glenn rocket exploded during a hot-fire test – but it's a major blow to Jeff Bezos as he chases Elon Musk's SpaceX.</p><p>:: Cape Canaveral, Florida / January 16, 2025</p><p>The rocket was being prepped for a fourth launch, due to carry 48 Amazon broadband satellites to build a rival constellation to Musk's Starlink.</p><p>:: NASASpaceflight.com</p><p>Blue Origin called the failure an "anomaly." Meanwhile, SpaceX presses on with its own Starship rockets.</p><p>So what's the next step for Blue Origin? Here's investor and former Virgin Galactic president Will Whitehorn:</p><p>"They have destroyed their launch pad, which they've got to rebuild. They've got to find out exactly what the anomaly was and make sure it doesn't happen again. And they need to get a successful launch under their belt after this one. But they are capable of doing all of that."</p><p>:: July 20, 2021</p><p>Bezos has vowed to rebuild.&nbsp;But does the explosion set back the wider space sector? Whitehorn says no.</p><p>"The industry, I believe for the space economy as a whole, is in a Jevon's paradox now. The cost of the technology in terms of launching and the cost of the technologies you're putting into space has come down so much. There are literally thousands of new uses coming forward and new demand curves for space launch every day. // This setback is for the company and its ability to compete with Elon Musk. It's not a setback to the industry.”</p><p>The stakes are high: just two days before the blast, NASA awarded Blue Origin a $188 million contract to land rovers on the moon, and its New Glenn rocket is meant to be central to the Artemis program.</p><p>Both Musk and Bezos are racing to return people to the moon ahead of China's planned crewed mission in 2030.</p><p>Blue Origin has poured billions of dollars and roughly a decade into New Glenn, built to rival SpaceX's Falcon fleet and its more powerful Starship.</p><p>:: SpaceX handout</p><p>:: May 22, 2026</p><p>SpaceX has also seen recent failures.</p><p>Its Starship exploded in testing last June, and last week a flight ended with its booster tumbling into the Gulf of Mexico.</p><p>Musk reacted to Thursday's New Glenn explosion on X, saying "Most unfortunate. Rockets are hard."</p></body>

AST SpaceMobile Plunges 17%, Planet Labs Drops 8% on Blue Origin Explosion, While Virgin Galactic Surges 11%
24/7 Wall St.121d agobearish
AST SpaceMobile Plunges 17%, Planet Labs Drops 8% on Blue Origin Explosion, While Virgin Galactic Surges 11%

Space stocks are splitting sharply this Friday morning after Blue Origin’s New Glenn rocket exploded during a hotfire test late Thursday at Cape Canaveral. AST SpaceMobile (NASDAQ:ASTS) stock is down 17% to $111, while Planet Labs (NYSE:PL) stock has dropped 8% to roughly $47.50 and Rocket Lab (NASDAQ:RKLB) stock has slipped 6% to $139. Virgin ... AST SpaceMobile Plunges 17%, Planet Labs Drops 8% on Blue Origin Explosion, While Virgin Galactic Surges 11%

Investor Goes 70% Into Amazon With Leveraged Options, Calls Amazon ‘Ultimate Beneficiary’ of AI
24/7 Wall St.121d agoneutral
Investor Goes 70% Into Amazon With Leveraged Options, Calls Amazon ‘Ultimate Beneficiary’ of AI

Chris Camillo, the retail investor and Dumb Money Live host known for his social-arbitrage trading style, used a recent appearance on The Iced Coffee Hour podcast to lay out one of the most concentrated public bets you will hear from a recognizable retail name. Roughly 70% of his portfolio sits in Amazon (NASDAQ:AMZN) through leveraged ... Investor Goes 70% Into Amazon With Leveraged Options, Calls Amazon ‘Ultimate Beneficiary’ of AI

Hershey Bull Sees World Cup, America 250 Lifting Sales
Bloomberg121d agoneutral
Hershey Bull Sees World Cup, America 250 Lifting Sales

(Bloomberg) -- Summer events including the FIFA World Cup and America’s 250th anniversary could spur sales of sweet treats, making now a key time to snap up beaten-down shares of Hershey Co., according to the candy and snack maker’s newest Wall Street bull.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceSpaceX Said to Cut IPO Value Goal to at L

Buy Or Sell Microsoft Stock At $425?
Trefis121d agoneutral
Buy Or Sell Microsoft Stock At $425?

Microsoft (MSFT) stock has declined roughly 12% over the last six months and currently trades around $425, well off its October 2025 peak of $542. Investors are worried, and the concern is legitimate: rising capital expenditure is compressing near-term returns. But does that make the stock a sell? We don't think so. Here is why.

Blue Origin Rocket Explosion Sends Space Stocks Plummeting
The Wall Street Journal121d agoneutral
Blue Origin Rocket Explosion Sends Space Stocks Plummeting

Shares of space companies are falling back to earth after a rocket being tested by Jeff Bezos’ Blue Origin exploded Thursday night. Blue Origin had been planning to use New Glenn to deploy commercial satellites for Amazon and other companies and to blast its own cargo lander to the moon. The fallout rippled across the industry, with companies that are tied to Blue Origin—and others that aren't—falling shortly after the opening bell.

Walmart Worth Less Than Anthropic
24/7 Wall St.121d agoneutral
Walmart Worth Less Than Anthropic

It is a staggering valuation. AI superstar Anthropic raised $65 billion with a post-money valuation of $965 billion. That pushed it ahead of arch-rival OpenAI, which was most recently valued at $852 billion. It also puts the Anthropic’s figure ahead of Walmart (NYSE: WMT), which has a market cap of $948 billion. Walmart is the ... Walmart Worth Less Than Anthropic

Amazon’s AWS hits fastest growth in 15 quarters as Bezos doubles down on AI infrastructure
24/7 Wall St.121d agoneutral
Amazon’s AWS hits fastest growth in 15 quarters as Bezos doubles down on AI infrastructure

Jeff Bezos used a CNBC Squawk Box interview that aired May 20, 2026 to deliver the clearest statement yet of his current operating philosophy: artificial intelligence has become the single connective tissue across every company he touches. “My through line for the last few years has been AI. My time at Amazon is spent on ... Amazon’s AWS hits fastest growth in 15 quarters as Bezos doubles down on AI infrastructure