'Traders Are Shelling Out Millions to Secure Copper' - Bloomberg
https://www.bloomberg.com/news/newsletters/2026-10-16/traders-are-shelling-out-millions-to-secure-copper
Economy · News reference
Planet Labs Stock Falls As Higher Yields Pressure Space Names Despite European Space Agency Win
Planet Labs stock falls nearly 5% as higher Treasury yields pressure space names despite an ESA pilot and strong Q2 revenue growth.
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Shares of space-related companies are trading lower as U.S. inflation data fuel a spike in bond and Treasury yields, with expectations for interest rates to remain elevated. Monetary tightening and elevated borrowing costs pose a material threat to the sector from curtailed corporate and government financing of cosmic communications, AI compute, and exploration.