Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Comcast Rises on Split; Iridium Up on Rocket Lab Deal |...
Business & Finance

Comcast Rises on Split; Iridium Up on Rocket Lab Deal | Stock Movers

Comcast Rises on Split; Iridium Up on Rocket Lab Deal | Stock Movers
Bloomberg Markets Monday 29 June 2026, 14:48 UTC 1 min read
Key Points

Jun 29th, 2026 Comcast Rises on Split; Iridium Up on Rocket Lab Deal | Stock Movers On this episode of Stock Movers with Alexis Christoforous: - Comcast (CMCSA) is rising after it announced its intention to separate into two independent publicly traded companies through a tax-free spin-off of NBCUniversal and Sky. Upon completion of the transaction, Comcast shareholders will own shares in both Comcast and NBCUniversal. - Iridium (IRDM) is moving on news Rocket Lab will acquire the company in...

Jun 29th, 2026 Comcast Rises on Split; Iridium Up on Rocket Lab Deal | Stock Movers On this episode of Stock Movers with Alexis Christoforous: - Comcast (CMCSA) is rising after it announced its intention to separate into two independent publicly traded companies through a tax-free spin-off of NBCUniversal and Sky. Upon completion of the transaction, Comcast shareholders will own shares in both Comcast and NBCUniversal. - Iridium (IRDM) is moving on news Rocket Lab will acquire the company in a deal that focuses on vertically integrating space and satellite capabilities. - SpaceX (SPCX) is up in the premarket as it will become a component of the Nasdaq-100 Index prior to market open on July 7, 2026, Nasdaq announces.
Rocket Lab (ORG) Stock Movers (ORG) Alexis Christoforous: - (PERSON) CMCSA (ORG) Sky (PERSON) Comcast (ORG) NBCUniversal. (ORG) Nasdaq (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Alphabet stock pops 4% on Dow debut, but the tech giant faces major AI questions

Alphabet shares rose 4% Monday as the company officially joined the Dow Jones Industrial Average, replacing Verizon and adding a symbolic blue-chip designation. The move comes despite continued pressure on the stock. Even with Monday's gain, Alphabet is still tracking for its worst month since February of last year, with six of the past seven weeks in the red.

CNBC 11m ago

China understands food security — the EU does not

Europe thinks that it is self-sufficient in food, but the reality is that its supply chain depends on imports for meat production. The EU is structurally dependent on imported high-protein feed to raise farmed animals, particularly soy and maize, writes Nico Muzi in an OpEd for Euronews. Having access to a reliable supply of affordable, nutritious food may be something many Euronews readers take for granted.

Euronews 13m ago

Sources: Warriors eyeing LeBron, AD reunion

The Golden State Warriors are planning a pursuit of LeBron James in free agency and Anthony Davis via trade this week, league sources told ESPN's Shams Charania, opening up the flexibility after Draymond Green declined his $27.6 million player option Monday morning. Green had until 5 p.m. ET to decide on the option. For weeks, team and league sources indicated that Green would turn down the one-year financial guarantee and the Warriors would work with him on a new contract -- lowering his...

ESPN 14m ago

June Payrolls Expected to Boost Rate-Hike Bets

Jun 29th, 2026 June Payrolls Expected to Boost Rate-Hike Bets The FOMC’s tone at the June meeting, together with Chairman Kevin Warsh’s news conference, has raised the prospect of a near-term rate hike. Aditya Bhave, Head: US Economics at Bank of America, discusses the Fed and his interest rate outlook for the remainder of 2026.

Bloomberg Markets 20m ago