US Politics & Business News
Space Exploration Technologies Corp. (SPCX) operates a fast-growing Starlink franchise, an expanding AI monetization business, and a launch platform built around reusable rockets. Those three business lines give the company multiple paths to growth, but they also demand unusually large capital investments that weigh on near-term profitability. The central question for investors is whether improving…
D-Wave Quantum (QBTS) reported second-quarter 2026 revenue of $3.1 million, essentially flat compared to the same period in 2025, falling short of Wall Street expectations. The company posted a GAAP loss per share of $0.13, missing analyst estimates of $0.10 by roughly 30%, triggering a sharp negative market reaction. Shares of QBTS fell 12.34% in…
Berkshire Hathaway delivered a dramatic earnings beat in the second quarter of 2026, with net income nearly doubling on the back of enormous investment portfolio gains. Net income attributable to shareholders climbed to $25.67 billion, or $17,868 per Class A equivalent share, compared to $12.37 billion, or $8,601 per Class A share, in the same…
e.l.f. Beauty (NYSE: ELF) reported first-quarter fiscal 2027 net sales growth of 36%, extending a remarkable run of consecutive quarterly gains to 30 straight periods. The strong headline number was driven in large part by Rhode, the beauty brand under e.l.f.’s portfolio, which significantly outpaced internal expectations during the quarter. Senior Vice President and Chief…
Howmet Aerospace Inc. (HWM) is set to report second-quarter 2026 results on August 6, before the opening bell on Wall Street. The Zacks Consensus Estimate for earnings stands at $1.23 per share, with projected revenues of $2.41 billion for the quarter. Second-quarter earnings estimates have slipped by a penny over the past 30 days, though…
Prime Minister Andy Burnham’s push to maximize spending flexibility within Britain’s fiscal rules is raising alarm among senior Treasury officials over market stability. UK Treasury officials fear that investors could view the government’s approach as lacking a genuine binding constraint, despite formally remaining within the existing fiscal framework. Burnham, who became prime minister on July…
The artificial intelligence investment boom has generated extraordinary returns over the past three years, with NVIDIA (NVDA) cementing itself as the defining stock of the AI infrastructure era. But as the market matures and capital flows broaden, investors are now asking where the next generation of AI and technology winners will emerge. According to the…
SpaceX (SPCX) posted one of its strongest single-day gains since going public, defying expectations that a massive insider share unlock would pressure the stock lower. The stock was on pace for its largest percent increase since June 15, SpaceX’s first full day as a public company, according to Dow Jones Market Data. Shares closed up…
SpaceX (SPCX) shares closed up 15.83% at $133.11 on Friday, driven by a combination of strong earnings, easing lockup concerns, and a Terafab update. The broader market also climbed, with the S&P 500 (^GSPC) rising 0.59% to 7,756 and the Nasdaq Composite (^IXIC) gaining 1.28% to 26,686. Trading volume in SPCX reached 236.7 million shares,…
RTX Corporation (RTX) is drawing serious attention from momentum investors after posting exceptional price performance across multiple timeframes in 2026. The aerospace and defense giant currently holds a Momentum Style Score of A, according to Zacks Equity Research, placing it among the market’s strongest near-term candidates. Momentum investing centers on following a stock’s established trend,…