US Politics & Business News
Boeing Company (BA) shares have gained 7.4% year to date, slightly outpacing the Zacks Aerospace-Defense industry’s growth of 7% over the same period. The government’s continued push to strengthen national defense and space systems is widely seen as a meaningful growth catalyst for the aerospace giant moving forward. Peer defense stocks have outperformed Boeing considerably,…
The artificial intelligence build-out is generating real inflationary pressure across the U.S. economy, creating a serious headache for Federal Reserve Chair Kevin Warsh. Silicon Valley executives including Tesla and SpaceX CEO Elon Musk and OpenAI CEO Sam Altman have loudly promoted AI’s potential to dramatically reduce costs throughout the economy. Altman recently wrote that “intelligence…
Rocket Lab (NASDAQ: RKLB) delivered a quarter that fundamentally reframes the investment case for the commercial space company. Revenue hit a record $234.07 million in Q2 FY2026, up 61.99% year over year and narrowly beating the $230.94 million consensus estimate. GAAP EPS of -$0.08 missed expectations, weighed down by $8.58 million in acquisition transaction costs…
The Pentagon is pressing U.S. defense contractors to dramatically accelerate weapons production following severe depletion of critical missile stockpiles. Deputy Defense Secretary Steve Feinberg issued a memo giving major contractors just 21 days to submit plans for “significantly faster, more aggressive delivery schedules and/or increased production for critical capabilities.” The urgency stems from devastating inventory…
Lettuce prices suffered their steepest single-month decline on record in July, as a multistate cyclospora outbreak sent shoppers reaching for anything but the leafy green. Bureau of Labor Statistics data released Wednesday showed lettuce prices tumbled 16.4% from June, the largest one-month drop on record on a seasonally adjusted basis. Lettuce also posted the sharpest…
AST SpaceMobile (ASTS) has attracted significant investor attention as shares trade near the $74 mark, prompting analysts to examine whether the valuation holds up. The company is building a space-based cellular broadband network designed to connect directly to standard mobile phones without specialized hardware. AST SpaceMobile aims to bridge the global connectivity gap by delivering…
L3Harris Technologies (LHX) is leveraging its platform-agnostic business model to expand its footprint across the defense industry in 2026. Unlike competitors tied closely to specific platforms, L3Harris can operate simultaneously as a prime contractor, merchant supplier, or subcontractor across a wide range of defense programs. This structural flexibility enables the company to adapt its offerings…
Consumer prices climbed modestly in July, offering fresh evidence that an earlier surge in inflation may be gradually losing its force. The consumer price index increased a seasonally adjusted 0.1% during July, according to the Bureau of Labor Statistics, placing the annual inflation rate at 3.4%. Excluding food and energy, the so-called core CPI rose…
D-Wave Quantum Inc. (NASDAQ: QBTS) has received up to CAD $300,000 in funding from the National Research Council of Canada to advance its quantum computing software for commercial use. The funding comes through the NRC’s Applied Quantum Computing Challenge program, which unites government, industry, and academic partners to accelerate quantum technology commercialization. D-Wave describes itself…
Behavioral finance researchers suggest that solar eclipses could push stocks lower by dampening investor mood and increasing risk aversion. The argument draws on research into seasonal affective disorder, a documented condition where shorter days in fall and winter lead to depression in many people. Experimental research in psychology and economics indicates that depression causes heightened…