Nasdaq, S&P 500, Dow Futures Climb As Trump's $2B Quantum Computing Bet Outweighs Iran Jitters: RKLB, IBM, RGTI, NIO In Focus

Rocket Lab's shares rose 4% on Wednesday, poised for a second day of gains, after securing a $266M U.S. Air Force contract for 12 suborbital launches, with options for six more. The deal, for its HASTE suborbital rocket, runs through 2028. Stifel called the award a validation of HASTE's performance, maintaining a 'Buy' rating. Piper Sandler initiated coverage with a 'Neutral' rating and $83 target, preferring AST SpaceMobile. Rocket Lab's CEO aims to launch its Neutron rocket by year-end.

U.S. stock futures dipped late Tuesday due to software sector declines and AI disruption fears. Key software stocks like Palo Alto Networks (PANW) and Oracle fell, while financials outperformed. PANW cut its FY26 EPS forecast, causing an 8% drop in after-hours trading. Applied Digital (APLD) also fell 8% after Nvidia exited its stake. Iamgold (IAG) rose 0.2% on record EBITDA, and Infleqtion (INFQ) gained 13% on its NYSE debut. Investors await Fed minutes and economic data.

Chinese regulators have identified quality and conformity issues in vehicles from BYD and Geely, among others, during unannounced factory inspections. The Ministry of Industry and Information Technology (MIIT) found deviations in fuel consumption and wheelbase tolerances. The inspections, part of a broader industry-wide campaign, aim to address concerns about rapid development cycles and a price war. The campaign includes stricter testing and a ban on post-test software manipulation, with potent

Rocket Lab (RKLB) shares rose 0.3% overnight after ARK Investment Management bought $12.8M worth of stock and Bank of America (BofA) maintained a 'Buy' rating with a $110 price target. Despite a Q2 adjusted loss of $0.08 per share, revenue grew 62% YoY to $234.07M. The company reported a record backlog of $2.36B and secured $437M in new bookings. However, RKLB stock fell 1% on Monday, marking three consecutive months of losses. The company delayed its next Electron mission due to weather conditi

NIO reported Q2 revenue growth of 69.1% YoY, gross profit up 211.3% YoY, and three consecutive profitable quarters. Despite strong performance, its stock price fell 6.39% on the day of the report. NIO's gross margin and automotive gross margin were 18.4% and 18.5%, respectively, but both declined slightly from Q1. The company cited increased R&D and sales expenses, as well as rising costs, for the decline in net profit compared to Q1. NIO delivered 107,658 vehicles in Q2, with its three brands s

Nio Inc (NIO) CEO William Li stated the market undervalues the company, particularly its AI and energy businesses. Nio's Q2 revenue rose 69.1% YoY to $4.74B, with adjusted profit from operations at 206.9M yuan, though GAAP net loss widened 59% sequentially. Li highlighted Nio's full-stack technology, brand assets, and energy business as undervalued areas. Nio's ADRs closed at $3.86 on September 3, about 94% below its 2021 high.