US Politics & Business News
RTX Corporation (RTX) is attracting renewed investor attention following a sharp post-earnings decline that analysts argue has created a compelling valuation entry point. Shares of RTX were trading at $187.33 as of June 29th, with trailing and forward price-to-earnings ratios of 35.27 and 27.03 respectively, according to Yahoo Finance. A bullish thesis on RTX published…
July 2026 is shaping up to be a notable month for streaming, with major titles returning across several platforms competing for subscriber attention. Despite the arrival of anticipated new content, analysts suggest this could actually be a smart time for consumers to reassess their streaming subscriptions and consider trimming costs. Netflix (NFLX) is drawing attention…
Bank of America has marked America’s 250th anniversary as an independent republic by examining its long-term record of economic growth and investor returns. Michael Hartnett, the bank’s chief equity strategist, devoted his weekly “Flow Show” strategy note to assessing the country’s financial track record across that sweeping historical span. Hartnett calculated that U.S. stocks have…
AI infrastructure stocks have surged past the major tech hyperscalers in a market shift that UBS is describing as extraordinary. The investment bank’s research arm flagged the rotation as a defining trend, with investors increasingly favoring companies that supply the backbone of artificial intelligence buildouts. While hyperscalers like Amazon (AMZN), Microsoft (MSFT), Alphabet (GOOGL), and…
Micron Technology (MU) hit a $1 trillion market valuation on May 26, 2026, cementing its status as one of the most consequential companies in the artificial intelligence era. The company reached that milestone after its stock doubled in just 48 days, earning it the distinction of being “the fastest company ever to scale the trillion-dollar…
Hedge fund manager Michael Burry has disclosed a direct short stake in Micron Technology (MU), continuing his broader bearish campaign against AI-related semiconductor stocks. Burry, who gained global fame through “The Big Short,” revealed the short position through his Substack publication, citing extreme valuation and cyclical risk. He disclosed shorting Micron (MU) at $1,051.87 per…
Toyota Motor (TM) and Hyundai are pulling ahead of rivals by betting heavily on hybrid technology as American car buyers cool on fully electric vehicles. Second-quarter U.S. vehicle sales are splitting the auto industry into clear winners and losers, with hybrid-equipped automakers outperforming those without them. Toyota reported a 1.1% increase in its second-quarter sales,…
June’s headline unemployment number offered a brief moment of relief, but economists say the underlying data tells a far more troubling story about the American labor market. The unemployment rate dipped to 4.2%, its lowest level in a year, according to Bureau of Labor Statistics data released Thursday, but the decline was driven largely by…
Palantir Technologies (NASDAQ: PLTR) received a significant vote of confidence as DA Davidson raised its rating on the stock from Neutral to Buy. DA Davidson set a price target of $175, signaling strong conviction that Palantir is positioned to outperform its software peers in the AI era. The analyst argued that Palantir holds several competitive…
The U.S. labor market weakened sharply in June, with job creation falling well short of expectations and raising fresh concerns about economic momentum heading into the second half of 2026. Nonfarm payrolls increased by a seasonally adjusted 57,000 in June, significantly slower than the downwardly revised 129,000 jobs added in May and well below the…