US Politics & Business News
AST SpaceMobile (ASTS) has attracted significant investor attention as shares trade near the $74 mark, prompting analysts to examine whether the valuation holds up. The company is building a space-based cellular broadband network designed to connect directly to standard mobile phones without specialized hardware. AST SpaceMobile aims to bridge the global connectivity gap by delivering…
L3Harris Technologies (LHX) is leveraging its platform-agnostic business model to expand its footprint across the defense industry in 2026. Unlike competitors tied closely to specific platforms, L3Harris can operate simultaneously as a prime contractor, merchant supplier, or subcontractor across a wide range of defense programs. This structural flexibility enables the company to adapt its offerings…
Consumer prices climbed modestly in July, offering fresh evidence that an earlier surge in inflation may be gradually losing its force. The consumer price index increased a seasonally adjusted 0.1% during July, according to the Bureau of Labor Statistics, placing the annual inflation rate at 3.4%. Excluding food and energy, the so-called core CPI rose…
D-Wave Quantum Inc. (NASDAQ: QBTS) has received up to CAD $300,000 in funding from the National Research Council of Canada to advance its quantum computing software for commercial use. The funding comes through the NRC’s Applied Quantum Computing Challenge program, which unites government, industry, and academic partners to accelerate quantum technology commercialization. D-Wave describes itself…
Behavioral finance researchers suggest that solar eclipses could push stocks lower by dampening investor mood and increasing risk aversion. The argument draws on research into seasonal affective disorder, a documented condition where shorter days in fall and winter lead to depression in many people. Experimental research in psychology and economics indicates that depression causes heightened…
AST SpaceMobile (ASTS) shares rose 1% overnight heading into Wednesday after the company told U.S. regulators it would “imminently” begin direct-to-cell operations in the United Kingdom with Vodafone. The regulatory move brings AST SpaceMobile’s satellite-to-smartphone network significantly closer to full international commercialization, a milestone that investors have been watching closely. In a filing with the…
Howmet Aerospace Inc. (HWM) delivered stronger-than-expected second-quarter 2026 results on Aug. 6, impressing investors with both earnings and revenue growth. Earnings per share beat the Zacks Consensus Estimate by 8.1% and surged 46% year over year, signaling robust operational momentum across the business. Total revenues reached $2.55 billion, topping the consensus estimate of $2.41 billion…
Despite reporting an earnings miss, AST SpaceMobile (ASTS) managed to hold its ground, showing notable resilience that has caught the attention of technical traders. The stock’s ability to absorb negative earnings news without a significant selloff is often viewed as a bullish signal in technical analysis circles. Market observers are now pointing to AST SpaceMobile’s…
Lockheed Martin shareholders sitting on strong year-to-date gains have a compelling options trade available that generates real income today regardless of where the stock moves. Lockheed Martin (LMT) shares currently trade around $603.16, roughly 10% below their 52-week high, even as the company reported an all-time high backlog of $230 billion with accelerating sales growth….
Lumentum Holdings (LITE) reported fourth quarter fiscal 2026 results that showed revenue more than doubling on a year-over-year basis, powered by surging AI-related demand. Revenue for the quarter reached $1.01 billion, surpassing the analyst consensus estimate of $984.57 million and marking a 109% increase from $480.7 million in the prior year period. The revenue surge…