US Politics & Business News
GameStop Corp. CEO Ryan Cohen is now weighing whether to pull his company’s $56 billion unsolicited takeover bid for eBay Inc., marking a dramatic shift in one of the year’s most closely watched corporate sagas. According to people familiar with the matter, Cohen is considering replacing the acquisition proposal with a partnership or joint venture…
AST SpaceMobile (ASTS) shares fell roughly 3.5% in after-hours trading Monday after the company’s second-quarter results missed analyst expectations on both revenue and earnings. The satellite connectivity company reported Q2 revenue of $31.5 million, falling short of the $33.9 million analysts had projected, according to Fiscal.ai. Despite the miss, revenue grew dramatically compared to just…
Second-quarter corporate earnings growth is tracking near 48%, a figure that signals remarkable strength across the broader market, not just among technology giants. Even after adjusting for investment-related gains at Alphabet (GOOGL) and Amazon (AMZN), earnings growth remains close to 29%, underscoring the durability of the current profit cycle. The results are fueling renewed confidence…
SpaceX stock staged a notable recovery following a post-earnings selloff, with shares trading around $135 on Monday as investor confidence returned. The rebound signals renewed appetite for space sector equities after what had been a turbulent stretch tied to earnings-driven volatility in the group. SpaceX, the privately held rocket and satellite company founded by Elon…
Embraer S.A. (EMBJ) delivered a standout second quarter in 2026, reporting earnings of $1.19 per American Depositary Share, blowing past the Zacks Consensus Estimate of 61 cents by 95.1%. That result represented a 177.4% surge compared to the 43 cents per ADS the Brazilian aerospace giant posted in the same period a year ago. On…
The question of whether $1 million is sufficient for a household to retire comfortably has become one of the most debated topics in personal finance today. For decades, reaching a seven-figure nest egg was considered the gold standard benchmark for a secure and comfortable retirement in the United States. But as inflation, healthcare costs, and…
U.S. stock futures opened the week on an uneven footing after Wall Street posted its strongest weekly advance since April, with geopolitical tensions weighing on sentiment. Optimism over a potential U.S.-Iran agreement to reopen the Strait of Hormuz faded over the weekend, rattling investor confidence heading into Monday’s session. President Donald Trump told Axios that…
Peabody, Massachusetts has claimed the number one position on Realtor.com’s annual Hottest ZIP Codes in America report, released August 10, 2026. The Boston suburb, identified by ZIP code 01960, joins the rankings for the third time, having previously placed fifth in 2018 and third in 2021. Peabody’s population of roughly 54,000 residents benefits from easy…
U.S. stock index futures traded with little direction as Wall Street returned from a long holiday weekend, facing a week packed with economic data and corporate earnings. Investors remained cautious despite signs of incremental progress in diplomatic negotiations between Washington and Tehran, keeping a close eye on any developments that could shift sentiment quickly. Officials…
After gaining 58% over the past year, Rocket Lab USA (NASDAQ: RKLB) now faces a critical test as volatile trading raises questions about where the stock finishes 2026. RKLB currently trades at $70.43, and a proprietary model from 24/7 Wall St. puts the year-end price target at $81.63, implying roughly 15.9% upside from current levels….