US Politics & Business News
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…
Federal Reserve Governor Christopher Waller said Thursday he is inclined to keep interest rates unchanged at the central bank’s September meeting, barring any surprise inflation data. Waller expressed confidence in current inflation trends, arguing that tariff impacts have likely been muted and higher energy prices have not significantly affected other parts of the economy. His…
Dolly Parton kept her cancer diagnosis a closely guarded secret before her death at age 80, her niece has confirmed publicly for the first time. Jada Star, 47, told Extra that the family made a deliberate decision to shield the beloved country icon’s health struggles from the public eye. “You know, we kind of kept…
AST SpaceMobile (ASTS) develops constellations of low Earth orbit satellites that help telecom companies like AT&T and Verizon expand wireless coverage to remote areas beyond terrestrial tower reach. The company has launched 13 of its BlueBird satellites to date, with 12 currently operating in orbit and production advancing through BlueBird satellite 42. ASTS stock closed…
The economic model underpinning Big Tech’s dominance is under serious strain as artificial intelligence forces a fundamental rethinking of how these companies are valued. For years, the largest technology platforms were celebrated as asset-light businesses, generating enormous profits without the burden of heavy physical infrastructure investment. That model is now giving way to something far…