US Politics & Business News
AST SpaceMobile (ASTS) is drawing renewed retail investor attention ahead of its next BlueBird satellite launch scheduled for Wednesday at Cape Canaveral. Short interest in the stock has dropped to approximately 19.9% of the public float, falling below the 20% threshold for the first time since June. According to Koyfin data, more than 59.3 million…
Private companies added only 44,000 jobs in July, falling well short of market expectations and marking a sharp slowdown from the prior month. The figure came in below the Dow Jones consensus forecast of 75,000 and represented a significant drop from the downwardly revised 95,000 jobs added in June. Payrolls processing firm ADP released the…
U.S. stock futures edged higher early Wednesday following a record-setting close on Wall Street, driven by optimism over a potential diplomatic breakthrough involving the Strait of Hormuz. Reports indicating that U.S. officials believe an agreement with Iran could be close pushed both Brent crude and WTI crude prices lower overnight, easing energy market concerns. As…
The Department of Defense has selected Lockheed Martin and Northrop Grumman to help accelerate production of key missile defense systems across the country. The Pentagon’s decision reflects growing urgency to replenish weapon stockpiles that have been drawn down significantly amid ongoing global security commitments and military aid programs. Lockheed Martin (LMT), one of the world’s…
McDonald’s (MCD) is acknowledging that its recent value meal push created more confusion than customers among bargain-hungry diners across the United States. Company executives admitted the chain rolled out too many overlapping offers, including a $3-and-under menu and $5 bundled meal deals, muddling its overall message. The competing promotions left customers and franchise operators uncertain…
AST SpaceMobile (ASTS) is scheduled to report its second-quarter 2026 earnings on August 10, after market close, with investors watching closely. The Zacks Consensus Estimate for revenues stands at $34.13 million, with an expected loss of 28 cents per share for the quarter. Over the past 60 days, the earnings estimate for ASTS for fiscal…
Boeing (BA) surged 8.0% on Monday while defense peers RTX, LMT, and NOC posted gains of just 0.6% to 1.1%, signaling that company-specific news drove the move rather than broader sector sentiment. Two distinct catalysts separated Boeing’s session from its aerospace peers, neither of which had anything to do with macroeconomic tailwinds or defense spending…
Wall Street delivered a sweeping rally that pushed major indexes to record closing highs, rewarding investors who held their positions through weeks of turbulent momentum-driven selling. The Dow Jones Industrial Average surged 907.47 points, or 1.71%, closing at 54,085.88, as broad-based buying swept across sectors and lifted blue-chip names sharply higher. Caterpillar (CAT) led the…
SpaceX remains the dominant force in the global space industry, widely credited with pioneering the reusable rocket technology that defines the modern space business. The company’s breakthrough in reusable launch vehicles effectively created the commercial space market as it exists today, setting the standard every competitor now chases. SpaceX shares were up 9.1% at $124.99…
Despite a rocky six months, Lockheed Martin (NYSE: LMT) closed its most recent session at $586.29, even as the average Wall Street price target sits at $628.21. That consensus target implies roughly 7% upside from current levels, but Seaport Global analyst Richard Safran believes the stock is worth considerably more. Safran lifted his price target…