The New Space ETFs Keep Buying the Same Names: Rocket Lab, AST SpaceMobile, SpaceX
Space ETFs are entering a new phase as SPCX, RKLB and ASTS fuel demand for exposure to commercial launches, satellites and next-gen space infrastructure.
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Piper Sandler Reiterates Overweight on Trimble, Maintains $87 Price Target
Piper Sandler analyst Clarke Jeffries reiterates Trimble (NASDAQ:TRMB) with a Overweight and maintains $87 price target.
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Software-defined Commercial Vehicle Market worth $7.29 billion by 2035 — MarketsandMarkets™
The global software-defined commercial vehicle (SDCV) market is expected to reach USD 7.29 billion by 2035, representing approximately 19x growth from 2030. Growth is driven by centralized computing, electrification, cloud-based fleet management, autonomous driving, and recurring software-based revenue models. Europe and North America lead the market, with trucks growing faster than buses. Major OEMs and technology providers are accelerating development through strategic collaborations and investments in vehicle operating systems and cloud-connected platforms.
Shares of enterprise application software are trading higher amid sympathy with Salesforce after the company reported Q2 financial results.
Trimble shares are trading higher after Barclays raised its price target on the stock from $79 to $80.