Intuitive Machines Inc. (NASDAQ:LUNR) saw a 7% drop in its stock price on Wednesday due to profit-taking by investors after a two-day winning streak. JPMorgan announced a $10 billion investment program focusing on defense technologies, with $10 billion set aside for companies in critical sectors like spacecraft and space launches.

In related news, Intuitive Machines Inc. (NASDAQ:LUNR) achieved a Capability Maturity Model Integration (CMMI) Maturity Level 3, meeting NASA’s standards for Class A human spaceflight. While LUNR shows potential as an investment, other AI stocks may offer higher returns with limited downside risks. Explore more in our free report on the best short-term AI stock.

For more insights, check out articles on 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. Source: Insider Monkey.

Read more at Yahoo Finance: Intuitive Machines (LUNR) Loses 7% on Profit-Taking