US Politics & Business News
Capital One Securities upgraded both Palo Alto Networks (PANW) and Okta (OKTA) to Overweight from Equal Weight on Thursday, citing strong growth momentum across both companies. The investment firm raised its price target on Palo Alto Networks to $421 from $307, representing significant implied upside from recent trading levels. Capital One also lifted its price…
Netflix shares tumbled as much as 9% in after-hours trading Thursday after the company posted mixed second-quarter earnings and announced plans to reduce viewership disclosures. The streaming giant reported Q2 revenue of $12.56 billion, up 13.4% year over year, falling just short of analyst expectations of $12.59 billion, according to LSEG Data & Analytics. Net…
After a more than sevenfold gain over the past three years, D-Wave Quantum (QBTS) is now under scrutiny as investors weigh whether the current price reflects too much optimism. Shares recently sat at US$18.27, a level that has drawn fresh attention following a sharp pullback that has raised questions about how much growth is already…
Nearly four in ten retirees have deliberately spent less than they wanted to in retirement, just to keep their savings balance from shrinking, according to new research. A Greenwald Research survey of 2,210 adults between the ages of 45 and 79, each with at least $100,000 saved, found that only 28% were comfortable watching their…
Micron Technology (MU) has emerged as one of the most consequential stocks on Wall Street, drawing intense scrutiny from investors and analysts alike. Over the past 12 months, Micron shares have surged approximately 680%, dramatically outpacing every major U.S. index and all of the so-called Magnificent Seven stocks. That extraordinary run culminated on May 26,…
AST SpaceMobile (ASTS) shares plunged nearly 13% in after-hours trading after the company disclosed plans to raise significant new capital through convertible senior notes. The satellite communications company priced $1 billion of 1.625% convertible senior notes due 2034 in a private 144A offering set to settle around July 20. The initial conversion price was set…
Capital One upgraded Palo Alto Networks (PANW) to Overweight from Equalweight, lifting its price target to $421 from $307 on Thursday. The firm believes Palo Alto will benefit from AI in data center buildouts, increasing attack surfaces, budget shifts toward cybersecurity, and securing AI deployments. Capital One also upgraded Okta (OKTA) to Overweight from Equalweight,…
Kratos Defense & Security Solutions (KTOS) is shifting its strategic focus toward manufacturing infrastructure investment rather than relying solely on advanced technology development. Management believes expanding production capacity now is critical to meeting anticipated demand from future U.S. and allied defense programs across multiple segments. The company is investing across Defense Rocket Systems, Turbine Technologies,…
UnitedHealth Group (NYSE: UNH) shares rallied sharply after the health insurance giant reported second-quarter earnings and signaled growing confidence in its financial recovery. The company’s stock was trading near $416, approaching its highest level in roughly 11 months, as investors responded positively to the updated guidance. UnitedHealth had already impressed Wall Street with a strong…
Pratt & Whitney, a business unit of RTX (NYSE: RTX), has acquired Amsterdam-based Aiir Innovations to expand artificial intelligence use across its aircraft engine inspection and maintenance operations. The deal, announced on July 15, 2026, brings AI-assisted software into Pratt & Whitney’s global maintenance network, covering commercial, civil and military engine programs. Aiir Innovations has…