Why Blink Charging (BLNK) Shares Are Getting Obliterated Today

Investing.com -- EchoStar (NASDAQ:SATS) stock surged 12% on Friday following a Wall Street Journal report that SpaceX is preparing a secondary share sale that would value the rocket manufacturer at $800 billion.

According to the report, SpaceX Chief Financial Officer Bret Johnsen has informed investors about the planned share sale in recent days. The new valuation would represent a 100% increase from SpaceX’s previous $400 billion valuation in a recent secondary offering, and would make Elon Musk’s space company the most valuable private company in the United States, surpassing OpenAI.

The significant jump in EchoStar’s stock price reflects the company’s substantial ownership stake in SpaceX. This stake was acquired as part of major spectrum deals, with recent transactions occurring in late 2025.

If completed at the reported valuation, SpaceX would cement its position as a dominant player in the commercial space industry, with implications for companies like EchoStar that hold ownership positions in the rocket manufacturer.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Friday’s market has seen swings in various stocks based on news and other factors. Today, stocks like Salesforce (CRM) and Micron Tech (MU) are rallying, while stocks like Netflix (NFLX) are falling. Below are highlights of some of the biggest stock movers, from mega-caps to small caps.

Mega-Cap Movers (Market Cap:$200 billion USD or higher)

• Salesforce (CRM) +5.46%
• Micron Tech (MU) +5.25%
• General Electric (GE) -2.84%
• Netflix (NFLX); Paramount mulls taking offer straight to WBD shareholders - CNBC -3.5%
• Avago Technologies (AVGO) +2.02%

Large-Cap Stock Movers (Market Cap:$10-$200 billion USD)

• Rubrik (RBRK) +24.95%
• Samsara (IOT); Samsara beats Q3 expectations with 29% revenue growth, shares slip +13.29%
• Ulta Salon Cosmetics & Fragrance (ULTA) +12.56%
• Dollar Tree Inc (DLTR) +8.05%
• Cooper Companies Inc (COO); CooperCompanies names Colleen Jay as new board chair effective January +7.1%
• Dollar General Corp (DG) +7.0%
• Roku (ROKU); Roku CFO to present at Nasdaq investor conference in London +6.91%
• Xp Inc (XP) -8.92%
• DocuSign Inc (DOCU) -7.1%
• Social Capital Hedosophia V (SOFI); SoFi announces $1.5 billion common stock offering -6.74%

Mid-Cap Stock Movers (Market Cap:$2-$10 billion USD)

• Praxis Precision Medicines Inc (PRAX); Praxis’s epilepsy drug trial stopped early after positive results +30.55%
• ServiceTitan (TTAN); ServiceTitan selected as core platform for expanding roofing companies +14.41%
• Victoria’s Secret Co (VSCO) +13.11%
• Terns Pharmaceuticals (TERN) +9.47%
• Parsons Corp (PSN); Parsons stock downgraded by Raymond James after losing FAA contract -22.46%
• Argan (AGX); Argan shares plunge over 10% on top-line miss in Q3 -14.42%
• Adaptive Biotechnologies Corp (ADPT) -13.97%
• SentinelOne (S); SentinelOne shares slide 6% on weak Q4 revenue guidance -13.29%
• Cinemark Hldg (CNK) -8.8%
• MTech Acquisition A (ABTC) -9.28%

Small-Cap Stock Movers (Market Cap:$300 million - $2 billion USD)

• Northstar At Mgt (DBRG); DigitalBridge Group (DBRG) resumes trading, up 32% on Softbank rumor +43.16%
• Alumis (ALMS) +31.01%
• Agencia Comercial Spirits Ltd (AGCC) +22.24%
• Smith & Wesson (SWBI) +22.05%
• Helix Acquisition II (BBOT); Morgan Stanley initiates coverage on BridgeBio Oncology stock with Overweight rating +21.26%
• New Fortress Energy LLC (NFE); New Fortress Energy secures 7-year gas supply deal for Puerto Rico +15.71%
• Immatics NV (IMTX) -12.13%
• Compass Diversified Holdings (CODI) -22.49%
• Domo Inc (DOMO); Domo shares tumble 17% as Q3 results fail to impress -23.69%
• Ambitions Enterprise Management Co (AHMA) -37.61%

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This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

As traders approach another pivotal day for financial markets, a series of economic data releases that could sway market dynamics are expected on Monday, December 8, 2025. The economic calendar features factory orders data that will provide insights into manufacturing sector health, along with several Treasury auctions that will gauge investor sentiment toward government debt. These releases come as market participants continue to assess the overall economic outlook.

Major Economic Events to Watch

No 3-star events scheduled for Monday, December 8, 2025

Other Important Economic Events to Watch

Factory Orders (10:00 AM ET): Previous reading was 1.4%. This report measures the change in total value of new purchase orders placed with manufacturers, providing insight into manufacturing sector activity and future production plans.

3-Year Note Auction (1:00 PM ET): Previous yield was 3.579%. This Treasury auction will indicate investor demand for medium-term government debt and could influence broader bond market sentiment.

Other Economic Events to Watch

Durables Excluding Transport (10:00 AM ET): Previous reading was 0.6%. This data excludes volatile transportation orders to provide a clearer picture of underlying durable goods demand.

Factory Orders Ex Transportation (10:00 AM ET): Previous reading was 0.1%. Similar to the headline factory orders but excludes transportation sector orders to reveal core manufacturing trends.

Durables Excluding Defense (10:00 AM ET): Forecast 0.1%, previous reading was 0.1%. This metric shows durable goods orders excluding defense-related purchases.

Dallas Fed PCE (10:00 AM ET): Previous reading was 2.80%. This inflation measure trims extreme price movements to provide a clearer view of underlying inflation trends.

NY Fed 1-Year Consumer Inflation Expectations (11:00 AM ET): Previous reading was 3.2%. This survey reveals what consumers expect for inflation over the next year, an important indicator for monetary policy.

3-Month Bill Auction (11:30 AM ET): Previous yield was 3.725%. This short-term Treasury auction reflects investor sentiment toward near-term government debt.

6-Month Bill Auction (11:30 AM ET): Previous yield was 3.635%. This auction provides insights into slightly longer-term investor expectations for government securities.

For further information and the latest updates, please refer to our Economic Calendar, here.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

The upcoming IPO of Lumexa Imaging Holdings (LMRI) is ’well oversubscribed,’ according to a report by Bloomberg on Friday.

Activate Energy Acquisition Corp. (AEAQU) closed its initial public offering of 23 million units at $10.00 per unit, raising $230 million in gross proceeds before underwriting discounts and estimated offering expenses, according to a company statement.

The offering included 3 million units issued through the full exercise of underwriters’ over-allotment option. The units began trading on Nasdaq under the ticker symbol "AEAQU" on December 4, 2025.

Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant allows the holder to purchase one Class A ordinary share at $11.50 per share. When the securities begin separate trading, the Class A ordinary shares and warrants are expected to list on Nasdaq under the symbols "AEAQ" and "AEAQW," respectively.

The Cayman Islands-incorporated blank check company plans to use the net proceeds from the offering and simultaneous private placements to complete its initial business combination. The company intends to focus on industries that complement its management team’s background, particularly the oil and gas sector.

BTIG, LLC served as the sole book-running manager for the offering. The registration statement became effective with the Securities and Exchange Commission on December 1, 2025.

Activate Energy Sponsors, LLC serves as the company sponsor for the special purpose acquisition company.

Activate Energy Acquisition Corp. (AEAQU) completed its initial public offering of 23 million units at $10 per unit, raising $230 million in gross proceeds before deducting underwriting discounts and expenses, according to a company statement.

The offering included 3 million additional units from the full exercise of underwriters’ over-allotment option. Units began trading on the Nasdaq Global Market on December 4, 2025.

Each unit contains one Class A ordinary share and one-half of one redeemable warrant. Whole warrants allow holders to purchase Class A ordinary shares at $11.50 per share. The company expects Class A ordinary shares and warrants to trade separately on Nasdaq under symbols "AEAQ" and "AEAQW" respectively.

BTIG, LLC served as sole book-running manager for the offering. The Securities and Exchange Commission registration statement became effective December 1, 2025.

Activate Energy plans to use net proceeds from the offering and simultaneous private placements to complete its initial business combination. The Cayman Islands-incorporated blank check company intends to focus on acquisition opportunities in the oil and gas industry, leveraging management’s background in that sector.

The company will seek merger, share exchange, asset acquisition or similar business combinations with one or more entities. Activate Energy Sponsors, LLC serves as the company sponsor.