US Politics & Business News
Infleqtion (NYSE: INFQ) stock is climbing 6% to $14.32 in early Thursday trading after confirming a $20 million follow-on contract from NASA for quantum gravity sensor development. The award funds continued work on the Quantum Gravity Gradiometer Pathfinder, a mission led by NASA’s Jet Propulsion Laboratory to fly the world’s first space-based quantum gravity sensor….
Good Good Golf’s commercial partnerships are collapsing rapidly following widespread backlash over a controversial advertisement featuring a man shoving a woman to the ground. Callaway (ELY) officially terminated its partnership with Good Good on Thursday, citing a video that it said “trivialized” violence against women. The advertisement, posted on August 21, showed Good Good founder…
AST SpaceMobile (ASTS) shares climbed 3% on Thursday, snapping a three-session losing streak driven by fresh operational milestones from the satellite broadband company. Despite the single-day gain, ASTS remained down 11% for the week, putting the stock on pace for its worst weekly performance in more than a month. The rally followed the company’s announcement…
Boeing (BA) shares are trading at $212.09, down 6.5% over the past year while the broader S&P 500 returned a robust 20.3% over the same period. The gap between Boeing’s stock performance and the index tells only part of the story, as the actual margin picture underneath the recovery narrative is more complicated than headline…
Nvidia is emerging as one of the most closely watched companies on Wall Street after delivering another round of blockbuster quarterly results that stunned analysts. The chipmaker reported fiscal second-quarter 2027 revenue of $92.22 billion, a staggering 106% surge compared to the same period a year ago. Data center sales, Nvidia’s largest and most critical…
AST SpaceMobile and Firefly Aerospace represent two distinct bets on the future of commercial space, each burning cash while chasing very different revenue models. AST SpaceMobile (ASTS) is constructing a first-of-its-kind space-based cellular network designed to connect directly to standard mobile phones without specialized equipment. Firefly Aerospace (FLY) focuses on launch services, lunar missions, and…
GE Aerospace (GE) reported an operating profit of $2.75 billion on a non-GAAP basis in the second quarter of 2026, marking an 18% increase year over year. Despite that earnings growth, the company’s non-GAAP operating profit margin came in at 21.7%, reflecting a decline of 130 basis points from the prior-year period. The margin compression…
Adult children caring for parents with dementia increasingly face a frustrating legal wall when trying to access physical stock certificates worth significant sums. A 91-year-old woman with dementia holds a stock certificate valued at approximately $100,000, but her family cannot access it because financial institutions require her signature. Banks and transfer agents are holding firm…
SpaceX and Louisiana jointly announced “Starbase, Louisiana,” a massive $100 billion launch campus planned for Vermilion Parish on the state’s southwestern coast. The facility will be built on an 18-mile strip of Pecan Island, located southwest of Lafayette in a region of sensitive coastal wetlands and shoreline. At full build-out, the site will feature five…
Raytheon, a business unit of RTX (NYSE: RTX), has completed a major 17,000 square-foot expansion of its manufacturing facility in Forest, Mississippi. The $50 million capital investment is designed to boost production capacity for electronic warfare and radar systems critical to national defense programs. The expansion is expected to generate 100 high-skill jobs in the…