US Politics & Business News
GE Aerospace (GE) continues to demonstrate persistent strength in its Commercial Engines and Services segment, driven by surging demand for LEAP, GEnx, and GE9X engines. Strong growth in global air traffic, fleet renewal programs, and airline expansion activities are collectively supporting the company’s robust order pipeline heading into the second half of 2026. In the…
August proved to be the weakest month for private sector hiring since January, with job creation falling short of already modest expectations. Payrolls processing firm ADP reported Wednesday that private U.S. companies added 38,000 workers during the month, missing the Dow Jones consensus estimate of 47,000. The August figure also fell below the upwardly revised…
MBody AI Ltd. (NASDAQ: MBAI) announced its MBody AI Orchestrator platform has been shortlisted for AI Deployment of the Year in The 2026 A.I. Awards. The awards program is run by The Cloud Awards and recognizes the most impactful and innovative deployment of artificial intelligence within the past year. MBody AI was shortlisted alongside CrowdStrike…
Berenberg launched coverage of the space sector on Wednesday, identifying three U.S.-listed stocks it believes are positioned to lead the industry’s rapid expansion. Analyst Michael Filatov initiated Buy ratings on AST SpaceMobile (ASTS), Rocket Lab (RKLB), and Planet Labs (PL), citing falling launch costs as a key driver of growth across the sector. Filatov said…
Europe’s largest airline group, Lufthansa, is sounding the alarm over soaring jet fuel costs that now threaten its full-year financial performance. Jet fuel prices have roughly doubled since US-Israel strikes on Iran began on February 28, with kerosene trading at approximately $160 per barrel, up around 77% year-on-year. Lufthansa Group has cut its 2026 earnings…
The U.S. military completed a new wave of strikes Tuesday on targets in Iran as the conflict in the region stretches into its seventh month. U.S. Central Command announced strikes on Islamic Revolutionary Guard Corps targets including air defense sites, radar systems, maritime assets, mine laying capabilities, and communications sites. One U.S. strike hit a…
AST SpaceMobile (ASTS) shares slid 6% on Tuesday, closing at $55.80, their lowest level in more than a month amid broader market pressure. Despite the sell-off, a newly disclosed insider purchase signaled a potential vote of confidence from within the company’s own boardroom. Director Adriana Cisneros disclosed open-market purchases totaling 10,822 shares worth approximately $619,200,…
Dell Technologies (DELL) delivered a record-breaking second quarter, with revenue hitting $47 billion and far surpassing analyst expectations of $44.92 billion. Earnings per share came in at $6.34, representing a stunning 273% increase compared to the same period a year ago, signaling explosive growth driven by artificial intelligence demand. Adjusted earnings per share of $7.04…
The jury in the Lindsay Clancy murder trial has informed Judge William Sullivan that it cannot reach a unanimous verdict, throwing the high-profile case into uncertainty. Judge Sullivan responded by urging jurors to continue reviewing the facts of the case and sent them back to deliberate further. If the jury foreperson returns again with another…
Rigetti Computing (RGTI) is deepening its commercial and government reach as it pushes forward on its superconducting quantum computing roadmap toward quantum advantage. The company recently expanded its partnership with Hewlett Packard Enterprise (HPE) and the Pittsburgh Supercomputing Center by supplying a full 9-qubit Novera system for the NSF-funded TangleLab testbed. Researchers at TangleLab will…