STOCKS | Rocket Lab Gains on NASA Selection; Microsoft Slides on Tech Selloff

Rocket Lab (RKLB) shares rose after the space company said NASA selected it to provide three Electron launches for two missions, PolSIR and TSIS-2, from early 2027, according to Bloomberg. US chipmaker Onsemi (ON) agreed to buy Synaptics (SYNA) in an all-stock deal valuing the company at about $6.2 billion. Microsoft (MSFT) shares fell, extending a recent selloff. The stock is down more than 20% this month, putting it on track for its biggest one-month percentage drop since December 2000.