US Politics & Business News
Shares of aerospace and defense company RTX climbed 3.4% in afternoon trading after its Raytheon business secured a $1.1 billion contract from the U.S. Navy. The contract covers production of AIM-9X Block II missiles along with associated hardware and software for both U.S. military forces and foreign allies. The deal comes in response to increased…
AST SpaceMobile (NASDAQ: ASTS) delivered its best single-day performance in two years, surging 21% on June 29 to close out the second quarter with momentum. The Midland, Texas-based space-based direct-to-device cellular broadband provider had endured a bruising month despite positive operational developments on the satellite launch front. Space stocks broadly took a hit following the…
RTX Corporation (RTX) is drawing favorable attention from Wall Street, with analysts across 25 brokerage firms weighing in with a broadly positive outlook on the defense and aerospace giant. The company currently holds an average brokerage recommendation of 1.80 on a scale of 1 to 5, where 1 represents a Strong Buy and 5 represents…
On the “Mad Money” Lightning Round Tuesday, June 30, Jim Cramer flagged AST SpaceMobile as a stock he believes can generate real investor returns. “I think it is a great speculative stock…I think you can make money in two years. I would go for it,” Cramer said during the segment. ASTS closed July 2 at…
GE Aerospace (GE) is seeing its commercial aerospace division emerge as a primary engine of companywide growth heading into the second half of 2026. In the first quarter of 2026, the company received orders for more than 650 commercial engines, reflecting the extraordinary depth of demand across the aviation sector. Commitments came from major carriers…
A major federal policy shift is putting millions of homeowners at financial risk just as the most destructive weather season of the year gets underway. Fannie Mae and Freddie Mac announced on March 18, 2026, that mortgages they back can now use Actual Cash Value roof insurance rather than requiring the costlier Replacement Cost Value…
AST SpaceMobile, Inc. (NASDAQ: ASTS) caught the attention of CNBC’s Jim Cramer this week as he guided investors through how to navigate a recent market rotation. A caller asked Cramer directly what they should do if they currently hold no position in the stock, prompting a clear and optimistic response from the veteran market commentator….
Innovative Solutions and Support is reshaping its identity in the aviation sector, evolving well beyond its origins as a specialist avionics manufacturer. The company has accelerated this transformation through two significant acquisitions, including Honeywell’s autopilot product portfolio and the Moog S-TEC Model 3100 autopilot business. These deals allow ISSC to integrate certified autopilot systems directly…
Financial media coverage of stock markets is more distorted than most investors realize, and the bias runs systematically against positive performance narratives. Journalists tend to focus on major market-moving events, which naturally skews daily financial coverage toward dramatic losses, crises, and downturns rather than steady, compounding gains. The daily performance of stock market indices is…
AST SpaceMobile (ASTS) has announced a joint venture with Rakuten to construct a direct-to-mobile satellite network across Japan, marking a significant international expansion move. The partnership pairs AST SpaceMobile’s satellite technology with Rakuten’s established presence in the Japanese telecommunications market, creating a formal structure for the network buildout. Alongside the venture announcement, AST SpaceMobile secured…