US Politics & Business News
Raytheon, a division of RTX (NYSE: RTX), has delivered and installed the first SPY-6(V)4 radar array at Wallops Island, marking a significant program milestone. The radar system is a core component of the U.S. Navy’s Flight IIA Destroyer modernization and backfit program, a long-term defense initiative. Extensive testing of the newly installed SPY-6(V)4 system is…
An aging relative has lost the ability to care for himself, forcing a family member to wrestle with a deeply personal and financially complex ethical dilemma. The situation was submitted to MarketWatch’s personal finance advice column, “Don’t Short Yourself,” where readers bring difficult money and life questions for guidance. The writer expressed reluctance to abandon…
Shares of AST SpaceMobile (ASTS) fell 2% on Wednesday after surging 11% the prior session, as investors weighed a successful satellite launch against broader market movements. The company confirmed the successful deployment of BlueBird satellites 11, 12, and 13 early Wednesday morning, marking another step forward in its space-based cellular broadband ambitions. SpaceX’s Falcon 9…
GE Aerospace has shifted its public narrative away from supply chain shortages, even as those constraints continue to weigh on its ability to serve customers. Just two years ago, management was openly candid about production struggles, with the CEO acknowledging on an earnings call that “our new engine output was disappointing, down 20% sequentially.” The…
Alphabet (GOOGL) shares fell to a session low, dropping 5.4%, after reports emerged of a sweeping executive shakeup and a string of high-profile talent departures. Jeff Dean, one of Google’s earliest employees and a chief architect of its artificial intelligence strategy for 15 years, is leaving to launch an AI startup focused on scientific discovery….
SpaceX is making waves across multiple sectors as the company moves to extend its dominance in space into the AI and communications industries. The company’s aggressive expansion plans sent its own stock down roughly 12%, with shares trading at $110 during Wednesday’s session. The SPCX ETF, which tracks the space industry, fell 7.59% as investors…
AST SpaceMobile (ASTS) is drawing renewed retail investor attention ahead of its next BlueBird satellite launch scheduled for Wednesday at Cape Canaveral. Short interest in the stock has dropped to approximately 19.9% of the public float, falling below the 20% threshold for the first time since June. According to Koyfin data, more than 59.3 million…
Private companies added only 44,000 jobs in July, falling well short of market expectations and marking a sharp slowdown from the prior month. The figure came in below the Dow Jones consensus forecast of 75,000 and represented a significant drop from the downwardly revised 95,000 jobs added in June. Payrolls processing firm ADP released the…
U.S. stock futures edged higher early Wednesday following a record-setting close on Wall Street, driven by optimism over a potential diplomatic breakthrough involving the Strait of Hormuz. Reports indicating that U.S. officials believe an agreement with Iran could be close pushed both Brent crude and WTI crude prices lower overnight, easing energy market concerns. As…
The Department of Defense has selected Lockheed Martin and Northrop Grumman to help accelerate production of key missile defense systems across the country. The Pentagon’s decision reflects growing urgency to replenish weapon stockpiles that have been drawn down significantly amid ongoing global security commitments and military aid programs. Lockheed Martin (LMT), one of the world’s…