US Politics & Business News
AST SpaceMobile, Inc. (ASTS) has delivered a striking 77.4% gain over the past year, far outpacing the broader industry’s growth of 42.2% over the same period. The company has left peers in the dust, with Aviat Networks, Inc. (AVNW) declining 13.2% and Comtech Telecommunications Corp. (CMTL) falling 22.2% during the same timeframe. A key catalyst…
Intuitive Machines (LUNR) has shed 36.5% over the past month, badly underperforming the Zacks Aerospace-Defense industry, which gained 7.3% in the same period. The broader Zacks Aerospace sector also posted a gain of 7.2% during that stretch, further highlighting how sharply LUNR has diverged from its peers. Even the S&P 500 managed a 1.6% return…
The Bank of England plans to relax a key capital requirement for UK banks, aiming to support lending and financial market stability during periods of economic stress. The proposal targets the leverage ratio, a rule that limits how much banks can borrow by requiring them to hold a minimum level of capital against total assets….
The space economy is no longer a distant promise — it is real, growing, and increasingly accessible to everyday investors looking beyond private giants. SpaceX remains the dominant name in the sector, but its private status locks out most retail and institutional investors seeking direct equity exposure to the booming industry. Stifel analyst Jonathan Siegmann…
Oil futures climbed sharply Tuesday after the U.S. Treasury Department revoked, effective immediately, the license it had granted on June 21 allowing the sale of Iranian crude. The license cancellation followed a series of attacks on commercial vessels transiting the Strait of Hormuz, a critical global energy chokepoint located between Iran and Oman. President Donald…
Gen Z is quietly reshaping the American housing market, defying widespread expectations that high prices and elevated mortgage rates would lock the generation out entirely. New data shows Gen Z accounted for 1 in 5 home purchase rate locks in the second quarter of 2026, a record for the generation, according to ICE Mortgage Technology’s…
D-Wave Quantum Inc. (NYSE: QBTS) has secured a $1.57 million grant from the US National Science Foundation, strengthening its position in the rapidly evolving quantum computing sector. The grant was officially awarded on June 30, marking a significant milestone for the company as it deepens its involvement in federally supported quantum research initiatives. The funding…
Rivian Automotive (RIVN) stock suffered its steepest single-day decline in nearly two years on Tuesday, plunging 18% after the company announced a major public share offering. The electric vehicle maker said it plans to sell 75 million shares of its Class A common stock in a public offering, triggering immediate and sharp selling pressure from…
Vodafone Ireland used AST SpaceMobile’s BlueBird satellites to successfully run voice and data services for emergency communications across Europe. The test demonstrated that frontline responders could maintain connectivity even when ground-based networks were completely unavailable. The result marks a significant operational milestone for AST SpaceMobile (NasdaqGS: ASTS), shifting the company’s story from theoretical capability to…
Lockheed Martin (LMT), the world’s largest defense contractor, has announced a definitive agreement to acquire Ultra Maritime for $3.45 billion, deepening its undersea warfare capabilities. Ultra Maritime specializes in anti-submarine warfare, bringing advanced sonar, torpedo defense, and autonomous sensing technologies into LMT’s Rotary and Mission Systems division. The acquisition signals Lockheed’s strategic push to deliver…