Wall Street Breakfast Podcast: Rocketlab Drops, SoundHound Climbs In Premarket Trading

2025-02-28 06:37:28 ET

Summary

• Rocket Lab USA (NASDAQ: RKLB) drops 11% premarket due to a weak Q1 2025 outlook despite record annual and Q4 revenues.
• SoundHound (NASDAQ: SOUN) surges 7% premarket after beating Q4 estimates, raising full-year 2025 revenue outlook, and ending the year with nearly $200M in cash.
• TikTok plans significant investment in Thailand, aligning with the country's digital innovation goals, though details on the $3.8B data hosting services remain unclear.

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Biggest stock movers Friday: HPQ, SOUN, and more. (00:27) Edison ( EIX ) says confident in California wildfire fund that may shield it from claims. (01:05) TikTok ( BDNCE ) to park $8.8B for data centers in Thailand - report. (01:51)...

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