US Politics & Business News
Shares of AST SpaceMobile (ASTS) climbed 2% overnight on Tuesday after CEO Abel Avellan announced that BlueBirds 8, 9, and 10 had fully deployed their massive communications arrays in low Earth orbit. The overnight gain followed a 10% jump during Tuesday’s regular session, pushing ASTS to $63.34, even as the stock continues tracking its worst…
Chip stocks are surging again as investors reconsider whether the latest wave of Chinese AI models poses a threat or actually strengthens the long-term investment case. The rally has been driven in part by renewed debate around Kimi K3, an open-source AI model developed by China-based Moonshot AI that competes with leading closed U.S. models…
Space stocks have endured significant selling pressure throughout 2026, leaving retail investors sharply divided over whether the sector has found its floor. A Stocktwits poll drawing more than 5,700 votes revealed a near-perfect split in sentiment, with 43% of respondents believing space stocks had bottomed and another 43% expecting further downside. The remaining 14% of…
Raytheon UK has led the Omnia Training consortium to secure a £2,000 million, 15-year British Army collective training contract, renewing investor focus on RTX’s long-term valuation. The contract win raises fresh questions about whether the market has fully priced in RTX’s expanding international defense footprint and what that means for shareholders. RTX shares are currently…
Healthcare costs represent one of the largest and most unpredictable expenses retirees face, making the timing of retirement a critical financial decision. Most Americans do not fully consider how the age at which they retire directly affects what they will pay for health coverage in their early retirement years. Retiring before age 65 means leaving…
Rigetti Computing’s (RGTI) first-quarter 2026 results revealed a financial position that stands out sharply among emerging quantum computing companies navigating a difficult funding environment. The company ended the quarter with nearly $569 million in cash, cash equivalents and available-for-sale investments, while carrying absolutely zero debt on its balance sheet. This level of liquidity gives Rigetti…
President Donald Trump is poised to unleash a new wave of tariffs on dozens of countries, potentially as soon as this week, according to the Financial Times. The moves come as the administration’s temporary 10% global tariff is scheduled to expire on Friday, July 24, creating urgency around what comes next. The U.S. Supreme Court…
Shares of major space sector stocks caught a strong bid Tuesday as the group rebounded sharply from recent weakness across the board. AST SpaceMobile (NASDAQ: ASTS) led the move with a 12% gain, pushing shares to $64 as investors responded to a significant capital raise announcement. SpaceX (NASDAQ: SPCX) shares climbed 7% to $128 after…
Restaurant foot traffic is falling sharply across the United States as a cyclospora outbreak linked to iceberg lettuce continues to spread alarm among consumers. The Food and Drug Administration and the Centers for Disease Control and Prevention have linked lettuce served at Taco Bell restaurants to the widespread outbreak of the diarrhea-causing parasite. Federal investigators,…
Shares of AST SpaceMobile (ASTS) climbed 3% in premarket trading on Tuesday after Midland officials projected a 132% return on the city’s incentive investment tied to a major manufacturing expansion. The Midland Development Corporation approved a performance-based incentive package worth up to $66 million over 30 years to support AST SpaceMobile’s planned satellite production facility….