RTX (RTX) and Lockheed Martin (LMT) both raised their full-year financial guidance following strong second-quarter performances that included record backlog figures. The two major US defense contractors reported results that exceeded expectations, prompting upward revisions to their respective outlooks for the remainder of the year. RTX shares climbed 1.74% following the announcement, reflecting investor confidence…

RTX Corp (NYSE: RTX) delivered a strong second quarter, reporting adjusted sales of $24.7 billion, representing 16% organic growth compared to the same period last year. Adjusted earnings per share came in at $1.89, a 21% increase year over year, signaling broad-based momentum across the company’s three major business segments. The defense and aerospace giant…

Wall Street endured a bruising session on Thursday as both the Nasdaq Composite and the S&P 500 ($GSPC) posted their worst single-day performances in more than four weeks. The simultaneous slide across major indices reflected growing investor unease as energy prices surged to a psychologically significant threshold. Brent crude oil topped $100 per barrel, a…

RTX (RTX) has surged to the top of its 52-week range, recently touching $211.28 per share after delivering a strong quarter and raising its full-year guidance. For investors already sitting on meaningful gains in RTX, the natural question is how to manage the position intelligently going forward. One strategy gaining attention involves converting existing RTX…

Geopolitical tensions have proven to be a defining force for financial markets in 2026, with Middle East conflict fueling persistent uncertainty and volatility across sectors. Yet the same turbulent backdrop has created fertile ground for defense stocks, supported by mounting expectations of sharply higher military spending from Washington. Military exchanges between Washington and Tehran have…

AST SpaceMobile (ASTS) delivered a sharp reversal for investors on Tuesday, closing up 10.3% after announcing a massive new debt financing deal. The catalyst was the closing of a private offering for $1.15 billion in convertible senior notes, a move that initially looked like bad news for a cash-burning startup. For most companies, piling on…

RTX (NYSE: RTX) delivered strong second-quarter 2026 results, demonstrating solid performance across its commercial aerospace and defense business segments. The defense and aerospace giant reported record backlog levels, reflecting substantial contracted work across its key operating divisions heading into the second half of the year. RTX raised its full-year 2026 guidance following the quarterly results,…