US Politics & Business News
AST SpaceMobile (ASTS) is moving forward with a sweeping 400,000-square-foot facility at the Midland International Air and Spaceport to ramp up mass production of its BlueBird satellites. The proposed factory would be nearly five times larger than the 85,000-square-foot Midland plant AST SpaceMobile first announced back in 2018, signaling a dramatic acceleration in its manufacturing…
The global commercial aircraft inflight entertainment and connectivity system market was valued at USD 7.05 billion in 2025, with strong growth ahead. The market is forecast to climb from USD 7.60 billion in 2026 to USD 11.09 billion by 2031, representing a compound annual growth rate of 7.85% over the forecast period. Growth is being…
Elon Musk is pushing back on Wall Street’s already ambitious projections for the space economy, saying the sector will grow far beyond Goldman Sachs’ $1.8 trillion estimate. Musk made the remarks on X in response to a post about Goldman’s “Second Space Age” report, writing “It will be much bigger,” before adding, “Space is bigger…
Vertiv (VRT) and Quanta Services (PWR) are emerging as compelling alternatives to RTX (RTX) for investors looking to capitalize on the industrial sector’s strongest spending cycles. RTX has delivered impressive returns, climbing roughly 45% over the past year and trading just below its all-time high of $227, making it a richly priced bet at current…
President Donald Trump stepped back from imposing sweeping 50% tariffs on Canadian goods, announcing a three-day pause hours before the duties were set to take effect. Trump posted on Truth Social late Tuesday that he had halted the tariffs based on progress toward a formal agreement with Canada, writing that the two countries “have a…
Space stocks are retreating sharply Tuesday afternoon, dragged lower by a broad rotation out of AI hardware and rising long-duration Treasury yields. SpaceX (NASDAQ: SPCX) is down 2% to $143, while Rocket Lab (NASDAQ: RKLB) has fallen 3% to $80 in the final trading hour. AST SpaceMobile (NASDAQ: ASTS) leads the group lower, declining roughly…
These three stocks have outpaced the broader market over the past five years by combining strong revenue growth, expanding margins, and rising returns on capital. The best-performing stocks typically sustain a trifecta of robust sales growth, increasing margins, and rising returns on capital over many years. Raytheon (NYSE: RTX) has delivered a five-year return of…
A continuing resolution is a stopgap piece of legislation that Congress passes to keep the federal government funded when lawmakers have not finished, or agreed upon, the regular annual appropriations bills before the start of a new fiscal year. Rather than setting new spending levels, a continuing resolution simply extends existing funding, typically at the…
RTX is currently trading at $222.00 per share, delivering an 8.4% return over the last six months while the broader S&P 500 gained 13.1% over the same period. Originally focused on refrigeration technology, Raytheon provides a wide range of products and services to the aerospace and defense industries, operating under the ticker RTX. The stock…
Walt Disney Co. (DIS) filed a federal lawsuit Tuesday against the Federal Communications Commission, accusing the agency of waging an illegal “retaliatory campaign” against its ABC network. The suit, filed in U.S. District Court for the District of Columbia, alleges the FCC is violating ABC’s First Amendment rights through what the network calls “pretextual regulatory…