US Politics & Business News
Oracle topped Wall Street expectations for first-quarter revenue and raised its annual profit forecast, driven by surging enterprise demand for AI-powered cloud services. The company reported fiscal first-quarter results that beat analyst estimates, sending Oracle stock up 7% in after-hours trading on the strength of its cloud business. Cloud infrastructure revenue more than doubled during…
President Trump is signaling a willingness to work across the aisle, even as he promises to aggressively fight Democratic efforts should Republicans lose their congressional majorities. Trump made the comments during an interview with Fox News host Laura Ingraham on “The Ingraham Angle,” outlining his strategy for navigating a potential power shift in Washington. The…
AST SpaceMobile (ASTS) has shed approximately 7.7% since its most recent earnings report, underperforming the broader S&P 500 over the same period. The decline has investors questioning whether the stock faces continued pressure heading into its next earnings release or whether a breakout could be on the horizon. AST SpaceMobile reported lackluster second-quarter 2026 results,…
RTX Corporation (RTX) is positioning itself for sustained commercial aerospace growth as Pratt & Whitney accelerates support capabilities for its Geared Turbofan engine family. The GTF aftermarket network expanded to 21 facilities worldwide in 2025, with PW1100G-JM shop-visit output rising approximately 26% year over year. That expansion gives RTX a broader platform to serve an…
Market pricing shifted sharply Thursday as traders raised the probability of a Federal Reserve interest rate hike next week to 70% in morning trading. The move followed a producer price index report showing wholesale prices rose 0.4% in August, pushing the annual PPI level to 5.4%, slightly above forecasts. The August PPI increase came on…
Trump opened the Republican Party’s first-ever midterm convention in Dallas, Texas, by paying tribute to the late conservative activist Charlie Kirk. The president addressed the crowd on Wednesday, September 9, just one day before the one-year anniversary of Kirk’s death. Kirk was fatally shot on September 10, 2025, while delivering opening remarks at a Turning…
AST SpaceMobile (ASTS) is emerging as one of the fastest-growing companies in the space-based cellular broadband sector, posting extraordinary revenue gains in recent quarters. The company reported second-quarter revenue of $31.5 million in August, a dramatic surge compared to just $1.2 million in the same period a year earlier. That kind of growth trajectory has…
Copper prices have surged to record levels, drawing fresh attention to the metal’s long-term trajectory and what it means for miners and investors alike. A chief executive of a listed copper company has weighed in on the sector’s outlook, pointing to a durable structural case for elevated prices over the long run. The global push…
At the Republican National Committee’s first-ever midterm convention in Dallas, President Trump urged Republicans to vote as though his name appears on the November ballot. “I’m asking you to pretend that I’m on the ballot,” Trump told the crowd in his keynote address at the RNC midterm convention in Dallas. Trump warned that Republican losses…
The Trump administration has created a Transportation Department task force aimed at dramatically accelerating commercial space activity, targeting 10,000 FAA-licensed launches and reentries per year by 2035. Transportation Secretary Sean Duffy announced the Space Policy Administration, Coordination, and Execution, or SPACE, Task Force on Wednesday, with the body set to coordinate policy across the Department…