US Politics & Business News
The Trump administration is moving to fast-track oil and gas drilling approvals in Alaska, targeting one of the most resource-rich regions in North America. The Bureau of Land Management is at the center of the effort, with proposals aimed at streamlining the permitting process for energy development in the National Petroleum Reserve-Alaska. The National Petroleum…
SpaceX reclaimed a $2 trillion valuation this week, driven by growing enthusiasm for its AI platform and orbital computing ambitions. Over the past week, SPCX climbed 6% and ASTS gained 1%, while PL plunged 13%, LUNR fell 9%, RDW dropped 8%, RKLB lost nearly 6%, and FLY declined 5%. Oppenheimer raised its SpaceX price target…
Pratt & Whitney, a business unit of RTX (NYSE: RTX), is investing $25 million to expand its precision parts manufacturing facility in Niepołomice, Poland. The expansion, equivalent to PLN 95 million, is designed to increase production capacity for both commercial and military engine components at the existing site. The expanded facility is expected to become…
The United Nations issued a stark warning Thursday that an intensifying El Niño climate event will persist until February 2027, threatening economies worldwide. UN Secretary General António Guterres declared that El Niño was being “supersized before our eyes,” signaling an escalating crisis with broad economic consequences. “The world is in the danger zone of extreme…
Maryland’s Supreme Court ruled Thursday evening to keep a Democrat-led redistricting referendum on the state’s November ballot, though with revised wording. The ruling overturns a lower court’s earlier decision to block the proposed ballot question, marking a significant win for Democrats seeking to reclaim House seats. If approved by voters, the state constitutional amendment would…
AST SpaceMobile (ASTS) has shed more than half its value from its 52-week high, raising questions about whether the market has moved too aggressively against the company. A stock falling 50% does not automatically make it a compelling opportunity, since a stock that has dropped that far can always fall another 50% from there. What…
Snowflake (SNOW) shares rocketed 23.9% in pre-market trading to $379.07, following a fiscal second-quarter 2027 earnings report that crushed analyst expectations across every major metric. Adjusted earnings per share came in at $0.62, well above the $0.45 consensus estimate, signaling that Snowflake’s profitability trajectory is accelerating faster than Wall Street anticipated. Total revenue of $1.55…
The Alliance for Automotive Innovation is pushing congressional leaders to enact a sweeping permanent ban on Chinese-made cars, software, and hardware sold in the United States. The trade group, which represents virtually the entire U.S. auto industry, sent a letter Thursday to senior lawmakers demanding action before Congress adjourns its current legislative session on January…
AST SpaceMobile (NASDAQ: ASTS) is one of the most polarizing and closely watched names in the market heading into late 2026. The company is building a space-based cellular broadband network designed to connect directly to unmodified, ordinary smartphones without any special hardware. Intraday shares surged 9.39% to $61.04, yet the stock remains down 23.17% year…
RTX Corporation (RTX) has delivered a remarkable five-year return of 169.7%, yet current valuation signals are sending a notably mixed message to investors. A Discounted Cash Flow analysis points to meaningful undervaluation, while traditional earnings-based multiples suggest the stock is priced closer to fair value. The DCF model estimates an intrinsic value near $233 per…