Red Cat (RCAT +31.77%) stock is seeing massive gains in Thursday's trading. The company's share price was up 35.1% as of 2:20 p.m. ET. The S&P 500 was up 0.5% at the same point in the day's trading, and the Nasdaq Composite was up 0.8%. The company's valuation is surging in conjunction with a recent report suggesting that the U.S. government could be poised to invest in drone companies. With today...
Red Cat (RCAT +31.77%) stock is seeing massive gains in Thursday's trading. The company's share price was up 35.1% as of 2:20 p.m. ET. The S&P 500 was up 0.5% at the same point in the day's trading, and the Nasdaq Composite was up 0.8%. The company's valuation is surging in conjunction with a recent report suggesting that the U.S. government could be poised to invest in drone companies. With today's explosive pop, the stock is now up 81.5% in 2026. Red Cat surges on U.S. drone investment report The Wall Street Journal published a report yesterday suggesting that the U.S. government was looking at plans to provide funding to U.S.-based drone technology companies in the defense industry through direct investments. According to the report, the Pentagon is looking at Unusual Machines, Neros Technologies, and Performance Drone Works as potential candidates for funding and investment. Expand NASDAQ : RCAT Red Cat Today's Change ( 31.77 %) $ 3.39 Current Price $ 14.06 Key Data Points Market Cap $1.3B Day's Range $ 11.96 - $ 15.05 52wk Range $ 5.71 - $ 18.78 Volume 2.5M Avg Vol 15.5M Gross Margin 7.50 % What's next for Red Cat? While Red Cat wasn't directly named as a prospective funding recipient, news that the U.S. is aiming to bolster domestic drone capabilities is a bullish indicator for the company. Red Cat is a provider of intelligence, surveillance, and reconnaissance (ISR) drone technologies that is now headquartered in Utah after relocating from Puerto Rico, and it could see positive tailwinds from U.S. investments in drone tech through tech licensing and overall industry valuation momentum, even if it doesn't directly receive funding. It's also still possible that the company could receive direct U.S. funding and new government contracts connected to partnerships aimed at bolstering drone tech.
The Federal Trade Commission recently launched an antitrust investigation into the rising costs of fertilizer in the US, the agency’s head said at an event in Texas on Thursday. “I’m announcing that, on my order, the commission some time ago commenced a major industrywide investigation into the precipitous rise of fertilizer prices in this country, which has affected so many of our nation’s farmer...
The Federal Trade Commission recently launched an antitrust investigation into the rising costs of fertilizer in the US, the agency’s head said at an event in Texas on Thursday. “I’m announcing that, on my order, the commission some time ago commenced a major industrywide investigation into the precipitous rise of fertilizer prices in this country, which has affected so many of our nation’s farmers, including everyone in this room,” FTC Chairman Andrew Ferguson said. “USDA data has shown the single largest increase in input costs of farmers across the United States since 2020 has come from fertilizer.” Ferguson made the announcement at an event outside of Dallas organized by the Texas Corn Producers with corn farmers from around the country in attendance to air their grievances over the high cost of fertilizer. Ferguson did not specify any companies by name that are under investigation. Fertilizer prices in the US rose earlier this year following attacks on Iran, which disrupted global trade flows for the critical crop nutrients. That helped deliver a profit windfall for some fertilizer companies, including CF Industries Holdings Inc. and Nutrien Ltd. , though other producers like Mosaic Co. have struggled significantly as the chemical inputs it requires also become more expensive. The industry has long faced scrutiny, as just a few players control most of the country’s supply. The Justice Department also has criminal and civil investigations into potential collusion on price by several leading producers of commercial fertilizers, Bloomberg previously reported . The companies whose conduct is under scrutiny at the DOJ include phosphate and potash suppliers Nutrien and Mosaic, as well as CF Industries, Koch Inc. and Norway’s Yara International ASA , Bloomberg reported. CF Industries, Koch, Yara and Nutrien control most of the nitrogen-based fertilizer sold in the US. Representatives for Mosaic, CF Industries, Koch and Nutrien didn’t immediately respond to requests fo...
Anthropic also unveiled Claude Opus 4.8, an upgrade to its Opus class of models with stronger performance across coding, agentic tasks, and professional work
Anthropic also unveiled Claude Opus 4.8, an upgrade to its Opus class of models with stronger performance across coding, agentic tasks, and professional work
Anthropic today released Claude Opus 4.8 , an upgrade to its flagship model that ships at the same price as its predecessor, alongside a dramatically cheaper "fast mode" tier and a new feature that lets the model spawn hundreds of parallel subagents for codebase-scale work. The model is available immediately across Anthropic's surfaces — claude.ai, Claude Code, the API, and Cowork — at unchanged p...
Anthropic today released Claude Opus 4.8 , an upgrade to its flagship model that ships at the same price as its predecessor, alongside a dramatically cheaper "fast mode" tier and a new feature that lets the model spawn hundreds of parallel subagents for codebase-scale work. The model is available immediately across Anthropic's surfaces — claude.ai, Claude Code, the API, and Cowork — at unchanged pricing: $5 per million input tokens and $25 per million output tokens. Developers can call it as claude-opus-4-8 . The headline efficiency story is fast mode. Anthropic has slashed the price of running Opus 4.8 in fast mode — where the model produces tokens at roughly 2.5x normal speed — to $10 per million input tokens and $50 per million output tokens, down from $30/$150 for Opus 4.7 That's a 3X reduction from the fast-mode pricing of previous models, and brings high-throughput inference within reach of latency-sensitive production workloads. Fast mode is available immediately in Claude Code via the /fast command; API access is gated, with a waitlist at claude.com/fast-mode . In regular mode, Claude Opus 4.8 remains among the more expensive of leading frontier models, but still comes in under chief rival OpenAI's GPT-5.5. Frontier AI Model API Pricing Snapshot Model Input Output Total Cost Source MiMo-V2.5 Flash $0.10 $0.30 $0.40 Xiaomi MiMo MiniMax M2.7 $0.30 $1.20 $1.50 MiniMax Gemini 3.1 Flash-Lite $0.25 $1.50 $1.75 Google MiMo-V2.5 $0.40 $2.00 $2.40 Xiaomi MiMo Kimi-K2.6 $0.95 $4.00 $4.95 Moonshot/Kimi GLM-5 $1.00 $3.20 $4.20 Z.ai Grok 4.3 (low context) $1.25 $2.50 $3.75 xAI DeepSeek V4 Pro $1.74 $3.48 $5.22 DeepSeek GLM-5.1 $1.40 $4.40 $5.80 Z.ai Claude Haiku 4.5 $1.00 $5.00 $6.00 Anthropic Grok 4.3 (high context) $2.50 $5.00 $7.50 xAI Qwen3.7-Max $2.50 $7.50 $10.00 Alibaba Cloud Gemini 3.5 Flash $1.50 $9.00 $10.50 Google Gemini 3.1 Pro Preview (≤200K) $2.00 $12.00 $14.00 Google GPT-5.4 $2.50 $15.00 $17.50 OpenAI Gemini 3.1 Pro Preview (>200K) $4.00 $18.00 $22.00 Goog...
mustafaU/iStock via Getty Images Both the Adams Diversified Equity Fund ( ADX ) and JPMorgan Equity Premium Income ETF ( JEPI ) offer a high yield that easily exceeds the S&P 500's ( SPY ) paltry ~1% dividend yield. ADX offers a yield of about 7.6%, while JEPI's trailing 12-month dividend yield stands at 8.4%, making them both compelling high-yielding funds that offer similar diversification to SP...
mustafaU/iStock via Getty Images Both the Adams Diversified Equity Fund ( ADX ) and JPMorgan Equity Premium Income ETF ( JEPI ) offer a high yield that easily exceeds the S&P 500's ( SPY ) paltry ~1% dividend yield. ADX offers a yield of about 7.6%, while JEPI's trailing 12-month dividend yield stands at 8.4%, making them both compelling high-yielding funds that offer similar diversification to SPY. However, there are key structural differences under the hood between ADX and JEPI that make them suitable for different categories of investors. I last covered ADX in September 2025 and compared it to the NEOS S&P 500 High Income ETF ( SPYI ), and I last discussed JEPI in December, where I compared it to the Goldman Sachs S&P 500 Premium Income ETF ( GPIX ). In this article, I will dig deeper into both ADX and JEPI and share my take on which fund is better. Hint: which fund you choose (if any) ultimately depends on what type of investor you are. A Nearly 100-Year-Old Closed-End Fund ADX has been around for nearly 100 years, as it was launched in 1929, making it one of the oldest closed-end funds in existence. It is actively managed and is broadly diversified with primarily US-focused companies, and it holds about 100 blue-chip large-cap stocks. It supports its huge dividend primarily through realized capital gains from its positions, though it does collect some dividends from its underlying holdings as well. The NAV Discount Advantage As a closed-end fund, one of the big advantages is that it can trade at a discount or premium to its NAV, and at the moment it trades at about a 4% discount to its net asset value. This means that you can buy more for your dollar in terms of the value of its underlying holdings. Historically, it has traded at a discount to NAV, with a 52-week average discount of 6.62%. Its 52-week high discount in NAV was 2.52%, and its 52-week low discount in NAV was 9.68%. This discount could partially be explained by the fact that its expense ratio is 0....
On 6/1/26, Bank of America Corp's 5.000% Non-Cumulative Preferred Stock, Series LL (Symbol: BAC.PRN) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 6/17/26. As a percentage of BAC.PRN's recent share price of $20.31, this dividend works out to approximately 1.54%, so look for shares of BAC.PRN to trade 1.54% lower — all else being equal — when BAC.PRN shares open for trad...
On 6/1/26, Bank of America Corp's 5.000% Non-Cumulative Preferred Stock, Series LL (Symbol: BAC.PRN) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 6/17/26. As a percentage of BAC.PRN's recent share price of $20.31, this dividend works out to approximately 1.54%, so look for shares of BAC.PRN to trade 1.54% lower — all else being equal — when BAC.PRN shares open for trading on 6/1/26. On an annualized basis, the current yield is approximately 6.19%, which compares to an average yield of 6.66% in the "Financial" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of BAC.PRN shares, versus BAC: Below is a dividend history chart for BAC.PRN, showing historical dividends prior to the most recent $0.3125 on Bank of America Corp's 5.000% Non-Cumulative Preferred Stock, Series LL : According to the ETF Finder at ETF Channel, Bank of America Corp (Symbol: BAC) makes up 7.94% of the First Trust Nasdaq Bank ETF (FTXO) which is trading lower by about 0.7% on the day Thursday. (see other ETFs holding BAC). In Thursday trading, Bank of America Corp's 5.000% Non-Cumulative Preferred Stock, Series LL (Symbol: BAC.PRN) is currently up about 0.5% on the day, while the common shares (Symbol: BAC) are down about 0.4%. Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » Further BAC.PRN Research: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Anthropic PBC raised $65 billion in a funding round that valued the artificial intelligence company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. The funding, announced Thursday , was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital. Other investors included D.E. Shaw & Co. , Blackstone Inc. and DST Global. The large round came t...
Anthropic PBC raised $65 billion in a funding round that valued the artificial intelligence company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. The funding, announced Thursday , was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital. Other investors included D.E. Shaw & Co. , Blackstone Inc. and DST Global. The large round came together in a matter of weeks, a sign of strong investor demand for the Claude maker. In late April, Anthropic had been weighing whether to pursue new financing at a more than $900 billion valuation after receiving several inbound proposals, Bloomberg News has reported. The artificial intelligence startup then kicked off advanced discussions earlier this month. Read More: Anthropic to Close Over $30 Billion Round as Soon as Next Week Founded in 2021 by a group of former OpenAI employees, Anthropic has since emerged as a leader in the AI sector. Anthropic has developed a series of AI tools aimed at overhauling the way businesses handle tasks from coding to cybersecurity. Anthropic and OpenAI are both expected to go public as soon as this fall, Bloomberg News has reported. Anthropic expects to post $10.9 billion in revenue for the second quarter, more than doubling from the prior three-month period as demand surges for its AI software, Bloomberg News has reported. The company is also on pace for its first profitable quarter. The company has told investors that its annualized run rate revenue will surpass $50 billion by the end of next month, people familiar with the matter said. Anthropic’s run rate, a metric that projects full-year revenue based on sales from a shorter period, was $4 billion in July of last year. OpenAI was most recently valued at $852 billion in a funding round completed in March. The company is expected to confidentially file draft paperwork to go public in the coming days or weeks.
On 6/1/26, Chimera Investment Corp's 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: CIM.PRB) will trade ex-dividend, for its quarterly dividend of $0.6095, payable on 6/30/26. As a percentage of CIM.PRB's recent share price of $24.59, this dividend works out to approximately 2.48%, so look for shares of CIM.PRB to trade 2.48% lower — all else being equal — whe...
On 6/1/26, Chimera Investment Corp's 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: CIM.PRB) will trade ex-dividend, for its quarterly dividend of $0.6095, payable on 6/30/26. As a percentage of CIM.PRB's recent share price of $24.59, this dividend works out to approximately 2.48%, so look for shares of CIM.PRB to trade 2.48% lower — all else being equal — when CIM.PRB shares open for trading on 6/1/26. On an annualized basis, the current yield is approximately 9.93%, which compares to an average yield of 8.06% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of CIM.PRB shares, versus CIM: Below is a dividend history chart for CIM.PRB, showing historical dividends prior to the most recent $0.6095 on Chimera Investment Corp's 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock: According to the ETF Finder at ETF Channel, Chimera Investment Corp (Symbol: CIM) makes up 4.68% of the Kingsbarn Dividend Opportunity ETF (DVDN) which is trading relatively unchanged on the day Thursday. (see other ETFs holding CIM). In Thursday trading, Chimera Investment Corp's 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: CIM.PRB) is currently up about 0.2% on the day, while the common shares (Symbol: CIM) are trading flat. Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » Further CIM.PRB Research: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Key Points Alongside other industry-leading lights, Heico's management believes the issues impacting the commercial aerospace industry will prove temporary. The conflict in Iran is still unresolved, and jet fuel prices could remain higher for longer in 2026. 10 stocks we like better than Heico › Heico (NYSE: HEI) (NYSE: HEIA) shocked the market with its second-quarter earnings report, and investor...
Key Points Alongside other industry-leading lights, Heico's management believes the issues impacting the commercial aerospace industry will prove temporary. The conflict in Iran is still unresolved, and jet fuel prices could remain higher for longer in 2026. 10 stocks we like better than Heico › Heico (NYSE: HEI) (NYSE: HEIA) shocked the market with its second-quarter earnings report, and investors wasted no time in sending the stock higher by 10.7% at 1 p.m. today. Heico shocks the market Wall Street analyst upgrades and downgrades are usually a good way to gauge sentiment over a stock. In this case, Jefferies lowered its price target (but maintained its buy rating) from $400 to $375 in anticipation of the earnings report. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The earnings report came in and blew away Wall Street expectations in both the Flight Support Group (FSG) and the Electronic Technologies Group (ETG). Jefferies responded by hiking its price target to $410. Skepticism ahead of the report was understandable, as a combination of soaring jet fuel prices, route closures in the Middle East, and airlines cutting capacity has led companies to lower estimates of flight departures. For example, GE Aerospace lowered its expectations for flight departures in 2026 to flat to low-single-digit growth from a previous estimate of mid-single-digit growth. Lower flight departures are an issue for Heico's FSG because it provides Federal Aviation Administration (FAA) approved aftermarket replacement parts, and fewer flight departures usually mean less aftermarket demand. However, Heico reported no weakness in its end markets, with FSG sales coming in at $929 million, above the pre-earnings consensus of $864 million, and ETG sales at $460 million, above the pre-earnings consensus of $396 million. All ...
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Wynn Resorts Ltd (Symbol: WYNN), where a total of 7,645 contracts have traded so far, representing approximately 764,500 underlying shares. That amounts to about 48.6% of WYNN's average daily trading volume over the past month of 1.6 million shares. Particularly high volume was seen for the $120...
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Wynn Resorts Ltd (Symbol: WYNN), where a total of 7,645 contracts have traded so far, representing approximately 764,500 underlying shares. That amounts to about 48.6% of WYNN's average daily trading volume over the past month of 1.6 million shares. Particularly high volume was seen for the $120 strike call option expiring December 18, 2026 , with 2,456 contracts trading so far today, representing approximately 245,600 underlying shares of WYNN. Below is a chart showing WYNN's trailing twelve month trading history, with the $120 strike highlighted in orange: Axon Enterprise Inc (Symbol: AXON) options are showing a volume of 5,450 contracts thus far today. That number of contracts represents approximately 545,000 underlying shares, working out to a sizeable 43.7% of AXON's average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $500 strike call option expiring June 18, 2026, with 486 contracts trading so far today, representing approximately 48,600 underlying shares of AXON. Below is a chart showing AXON's trailing twelve month trading history, with the $500 strike highlighted in orange: And Dollar Tree Inc (Symbol: DLTR) options are showing a volume of 16,612 contracts thus far today. That number of contracts represents approximately 1.7 million underlying shares, working out to a sizeable 43.2% of DLTR's average daily trading volume over the past month, of 3.8 million shares. Particularly high volume was seen for the $125 strike call option expiring August 21, 2026, with 2,517 contracts trading so far today, representing approximately 251,700 underlying shares of DLTR. Below is a chart showing DLTR's trailing twelve month trading history, with the $125 strike highlighted in orange: For the various different available expirations for WYNN options, AXON options, or DLTR options, visit StockOptionsChannel.com....
On 6/1/26, Chimera Investment Corp's 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: CIM.PRC) will trade ex-dividend, for its quarterly dividend of $0.5561, payable on 6/30/26. As a percentage of CIM.PRC's recent share price of $23.43, this dividend works out to approximately 2.37%, so look for shares of CIM.PRC to trade 2.37% lower — all else being equal — whe...
On 6/1/26, Chimera Investment Corp's 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: CIM.PRC) will trade ex-dividend, for its quarterly dividend of $0.5561, payable on 6/30/26. As a percentage of CIM.PRC's recent share price of $23.43, this dividend works out to approximately 2.37%, so look for shares of CIM.PRC to trade 2.37% lower — all else being equal — when CIM.PRC shares open for trading on 6/1/26. On an annualized basis, the current yield is approximately 9.51%, which compares to an average yield of 8.06% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of CIM.PRC shares, versus CIM: Below is a dividend history chart for CIM.PRC, showing historical dividends prior to the most recent $0.5561 on Chimera Investment Corp's 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock: According to the ETF Finder at ETF Channel, Chimera Investment Corp (Symbol: CIM) makes up 4.68% of the Kingsbarn Dividend Opportunity ETF (DVDN) which is trading relatively unchanged on the day Thursday. (see other ETFs holding CIM). In Thursday trading, Chimera Investment Corp's 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: CIM.PRC) is currently up about 0.2% on the day, while the common shares (Symbol: CIM) are down about 0.1%. Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » Further CIM.PRC Research: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Key Points Palantir is growing faster, but its valuation leaves little room for mistakes. Oracle's massive cloud backlog gives investors strong visibility into future AI demand. Oracle carries execution risk, but its lower valuation may offer a better risk-reward profile. 10 stocks we like better than Palantir Technologies › Palantir Technologies (NASDAQ: PLTR) and Oracle (NYSE: ORCL) are both ben...
Key Points Palantir is growing faster, but its valuation leaves little room for mistakes. Oracle's massive cloud backlog gives investors strong visibility into future AI demand. Oracle carries execution risk, but its lower valuation may offer a better risk-reward profile. 10 stocks we like better than Palantir Technologies › Palantir Technologies (NASDAQ: PLTR) and Oracle (NYSE: ORCL) are both benefiting from the artificial intelligence (AI) boom. Palantir is growing much faster and is seeing rapid adoption of its Artificial Intelligence Platform (AIP). Oracle is growing more slowly, but its huge cloud backlog and aggressive AI infrastructure build-out give investors a very different kind of AI opportunity. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Which is better? Palantir's revenue rose 85% year over year in the first quarter of 2026 to $1.6 billion, while U.S. commercial revenue surged 133% to $595 million. The company's adjusted operating margin was a solid 60%, while its adjusted free cash flow margin was 57%. Palantir also recorded a net dollar retention rate of 150%, highlighting its success in expanding spend from existing customers. AIP is also increasingly being used for core business operations, making Palantir's growth look more durable than a short-term AI hype cycle. But the company's expensive valuation of nearly 153.9 times earnings and 62.7 times sales leaves little room for any execution missteps. Oracle is growing at a slower pace, but is also trading at a more reasonable valuation of around 34.7 times earnings and 8.7 times sales. Analysts expect the company's revenue to grow around 20% year over year to $19.1 billion in fiscal 2026's Q4. In fiscal Q3, revenue rose 21.7% year over year, while adjusted operating margin was 43%. The remaining performance obligations also ju...
As lending shifts toward machine learning, Upstart (NASDAQ:UPST) and Pagaya Technologies (NASDAQ:PGY) are racing to replace traditional credit scores. Both companies offer unique paths for investors seeking exposure to the next generation of credit. These companies are frequently compared because they both use sophisticated algorithms to help lenders assess borrower risk more accurately than a sta...
As lending shifts toward machine learning, Upstart (NASDAQ:UPST) and Pagaya Technologies (NASDAQ:PGY) are racing to replace traditional credit scores. Both companies offer unique paths for investors seeking exposure to the next generation of credit. These companies are frequently compared because they both use sophisticated algorithms to help lenders assess borrower risk more accurately than a standard FICO score. While they operate in the same general ecosystem, their business models and financial health vary significantly, making a side-by-side comparison essential for any long-term investor. Upstart operates an AI-based marketplace that connects consumers with more than 100 partners among financial services for various loan products. Its expansion includes home equity lines of credit and small-dollar relief loans, while its top three lending partners accounted for nearly 61% of total revenue in 2025. Customer concentration like this adds a layer of risk to the business, as the platform's success relies on maintaining relationships with a limited number of high-volume institutions. Continue reading
It was less than two months ago that the third flight of Blue Origin's heavy-lift New Glenn rocket left a customer's payload in an unusable orbit. Investigators have now identified the cause of the failure, and Blue Origin is preparing to launch the next New Glenn mission as soon as next week. The Federal Aviation Administration and Blue Origin announced the closure of the failure investigation Ma...
It was less than two months ago that the third flight of Blue Origin's heavy-lift New Glenn rocket left a customer's payload in an unusable orbit. Investigators have now identified the cause of the failure, and Blue Origin is preparing to launch the next New Glenn mission as soon as next week. The Federal Aviation Administration and Blue Origin announced the closure of the failure investigation May 22. Yesterday, officials confirmed Blue Origin's next launch will loft a payload of 48 commercial satellites for Amazon's broadband network in low-Earth orbit. This will be the most satellites Amazon has launched on a single rocket, surpassing previous flights on United Launch Alliance's Atlas V, SpaceX's Falcon 9, and Europe's Ariane 6. Blue Origin and Amazon, each founded by Jeff Bezos, have not officially revealed a target launch date, but public notices of airspace and maritime closures suggest the mission is set to lift off from Cape Canaveral Space Force Station, Florida, as soon as next Thursday, June 4. Blue Origin is expected to roll the New Glenn rocket to its launch pad in the coming days for a test-firing of its seven main engines, fueled by liquified natural gas and liquid oxygen. Read full article Comments