Rocket Lab Rises on NASA Contract; Microsoft Extends Selloff

Rocket Lab shares rose after NASA selected the company to provide three Electron launches for two missions, PolSIR and TSIS-2, beginning in early 2027. Meanwhile, Microsoft extended its recent selloff, with the stock down more than 20% this month, on track for its biggest one-month percentage drop since December 2000.

Rocket Lab's selection by NASA for these missions underscores the growing role of small launch providers in government space programs. The contract adds to Rocket Lab's backlog and reinforces its position in the small satellite launch market. Investors are watching how the company scales production to meet demand. On the other hand, Microsoft's decline reflects a broader tech selloff, with investors rotating out of high-growth names amid concerns over valuation and interest rates. The stock's 20% monthly drop signals a sharp reversal from earlier gains, and live stock prices and charts on NowPrice show how the market is reacting to the ongoing selloff.

Looking ahead, Rocket Lab will need to execute on its launch schedule to convert the NASA contract into revenue, with investors focusing on upcoming quarterly results. For Microsoft, the key question is whether the selloff is a correction or the start of a deeper downturn. Traders will watch for any signs of stabilization in tech stocks, as well as macroeconomic data that could influence Federal Reserve policy. The coming weeks will be critical for both stocks as they navigate these divergent paths.