US Politics & Business News
AST SpaceMobile (NASDAQ: ASTS) shares closed 4.4% lower at $68.76 on August 10 before the company released its second-quarter financial results. Second-quarter revenue of $31.5 million missed the approximately $34.5 million consensus estimate, while the net loss attributable to common stockholders widened to $230.9 million. Investors appeared more focused on deployment progress than on the…
A leading Social Security reform proposal would require high-income workers to pay more in payroll taxes without receiving any corresponding increase in their benefits. The Social Security taxable earnings cap currently sits at $184,500, meaning income above that threshold is not subject to the payroll tax that funds the program. Millionaires effectively stop contributing to…
Howmet Aerospace Inc. (HWM) is building serious momentum in 2026, powered by an exceptional performance in its commercial aerospace segment that shows no signs of slowing. Second quarter 2026 revenues from the commercial aerospace market surged 28% year over year, representing 53% of the company’s total revenues during the period. Rising air travel globally has…
Tesla (TSLA) shares are pushing higher this week, but the options market is sending a more measured signal to investors watching the electric vehicle giant closely. Shares of Tesla climbed close to 2% in recent trading, building on an impressive 8% surge recorded the previous Monday as bullish momentum returned to the stock. The gains…
AST SpaceMobile (ASTS) and Rocket Lab (RKLB) are aggressively mirroring SpaceX’s vertically integrated business model, but a prominent analyst says execution risks and stretched valuations loom large. Analyst Tim Farrar, president of TMF Associates, appeared on the Prof G Markets podcast to outline his concerns about both companies and their ambitious growth strategies. “Both Rocket…
GE Aerospace is posting record revenue, yet the company is simultaneously falling further behind on its orders as demand outpaces its industrial capacity. Spare parts delinquencies, which measure shipments delayed by material shortages, grew last quarter, signaling not weakness but a demand environment the company’s supply chain cannot fully satisfy. That overwhelming demand feeds directly…
U.S. stocks have resumed their pattern of jumping from record high to record high after a brief pause in June and July of this year. Investors are going all in on a FOMO-driven rally, pushing Wall Street’s widely watched “fear gauge” to its lowest level since January. Demand for put options, which allow investors to…
Space stocks are trading in mixed fashion Thursday, with the sector showing a more nuanced picture than a simple broad selloff would suggest. SpaceX (NASDAQ: SPCX) is down 3.5% intraday, AST SpaceMobile (NASDAQ: ASTS) is off 3%, and Intuitive Machines (NASDAQ: LUNR) is down roughly 1.6% after opening deeply negative following its earnings release. Rocket…
RTX Corporation (RTX) has delivered a staggering 190.9% total return over the past five years, nearly tripling in value and drawing intense scrutiny over whether further upside remains. Despite that remarkable run, current valuation analysis suggests the stock is trading at only a modest discount to its estimated intrinsic value, leaving little room for a…
Dell Technologies (DELL) has emerged as one of the standout performers in the market this year, leaving rivals like Micron Technology and AMD well behind in its wake. Shares of Dell have surged 242% this year, a remarkable run that has significantly outpaced the broader S&P 500’s nearly 11% return on a year-to-date basis. Over…