US Politics & Business News
Space stocks are trading in mixed fashion Thursday, with the sector showing a more nuanced picture than a simple broad selloff would suggest. SpaceX (NASDAQ: SPCX) is down 3.5% intraday, AST SpaceMobile (NASDAQ: ASTS) is off 3%, and Intuitive Machines (NASDAQ: LUNR) is down roughly 1.6% after opening deeply negative following its earnings release. Rocket…
RTX Corporation (RTX) has delivered a staggering 190.9% total return over the past five years, nearly tripling in value and drawing intense scrutiny over whether further upside remains. Despite that remarkable run, current valuation analysis suggests the stock is trading at only a modest discount to its estimated intrinsic value, leaving little room for a…
Dell Technologies (DELL) has emerged as one of the standout performers in the market this year, leaving rivals like Micron Technology and AMD well behind in its wake. Shares of Dell have surged 242% this year, a remarkable run that has significantly outpaced the broader S&P 500’s nearly 11% return on a year-to-date basis. Over…
AST SpaceMobile, Inc. (ASTS) delivered a disappointing second quarter in 2026, falling short of Wall Street expectations on both revenue and earnings per share. The company posted a non-GAAP net loss of 44 cents per share, considerably wider than the Zacks Consensus Estimate of a loss of 28 cents per share. Quarterly revenues of $31.5…
RTX Corporation (RTX) is drawing strong backing from Wall Street analysts, but investors should look beyond headline ratings before making any decisions. RTX currently carries an average brokerage recommendation of 1.80 on a scale of 1 to 5, where 1 represents a Strong Buy and 5 represents a Strong Sell. That figure is based on…
The United Kingdom’s economy has been outperforming expectations through the first half of 2026, but a darkening global backdrop threatens to reverse that momentum. Official data published Thursday showed the UK economy grew by 0.4% in the second quarter, following a stronger 0.6% expansion in the first quarter. Business investment rose 1.7% during the same…
SpaceX (NASDAQ: SPCX) surged Wednesday after founder Elon Musk made a sweeping prediction about Starlink’s long-term dominance of global internet infrastructure. SPCX stock closed up 9.65% to $146.15, driven by comments Musk made during a company town hall meeting broadcast on X. The rally comes after a difficult stretch for the stock, which barely broke…
Raytheon parent RTX has drawn renewed investor attention after securing a $745 million Missile Defense Agency contract for Standard Missile-3 Block IIA interceptors. The contract also includes expanded U.S. production capacity, reinforcing RTX’s position as a central player in the country’s missile defense architecture. The deal arrives as RTX shares have shown strong momentum, with…
Lenovo Group delivered a blockbuster fiscal year, reporting record annual revenue and sharply higher profit driven by surging demand for AI servers, AI-enabled PCs, and enterprise services. The world’s largest PC maker posted revenue of $83.1 billion for the fiscal year ended March 31, representing a 20% increase from the prior year period. Profit attributable…
Goldman Sachs expects the global space economy to reach $1.8 trillion by 2035, triggering fresh interest in publicly traded space sector stocks. SpaceX (SPCX), AST SpaceMobile (ASTS), Rocket Lab (RKLB), and Firefly Aerospace (FLY) all moved higher following the bank’s sweeping new report on Wednesday. On Wednesday, SPCX surged 10%, ASTS climbed 4%, and both…