US Politics & Business News
Investors navigating today’s market face a difficult task: separating genuinely strong businesses from stocks that simply carry expensive valuations without the fundamentals to back them up. The gap between quality companies and overpriced ones is widening quickly, making stock selection more critical than ever for portfolio performance this year. Raytheon (NYSE: RTX), originally focused on…
Tencent Holdings reported an 11% rise in second-quarter revenue on Wednesday, fueled by strong advertising sales and steady contributions from its gaming division. The Shenzhen-based technology giant posted revenue of 204.8 billion yuan, equivalent to approximately $30.36 billion, for the three months ended June. That figure came in ahead of analyst estimates of 202.2 billion…
AST SpaceMobile (ASTS) shares climbed 4% following its second-quarter earnings report, even as the company missed revenue estimates and widened its per-share loss. Rocket Lab (RKLB), despite delivering record revenue and above-consensus guidance, saw its shares edge lower after results, drawing a significant buy from ARK Investment Management. Rocket Lab posted Q2 revenue surging 62%…
Super Micro Computer Inc. (SMCI) is climbing back into Wall Street’s favor after delivering a strong fourth-quarter earnings performance that sent shares sharply higher in extended trading. The data center server maker reported fourth-quarter adjusted earnings per share of $1.70, comfortably beating the analyst consensus estimate of $1.59 per share. Revenue for the quarter came…
AST SpaceMobile (NASDAQ: ASTS) is edging closer to full commercial operations as its BlueBird satellite constellation grows steadily larger in orbit. SpaceX (NASDAQ: SPCX) has now launched six of AST SpaceMobile’s BlueBird satellites in 2026, including BlueBirds 8 through 10 in June and BlueBirds 11 through 13 on August 5. The latest Falcon 9 mission…
CoreWeave shares jumped in after-hours trading Tuesday after the AI cloud infrastructure company posted second-quarter results that topped analyst expectations on both revenue and earnings. Revenue surged 112% year-over-year to $2.58 billion, exceeding the $2.56 billion analysts had forecast, while the adjusted loss per share came in at $1.03 against an expected loss of $1.20….
Coming into unexpected money can be both exciting and overwhelming, leaving many people unsure of the smartest path forward for their finances. Certificates of deposit, commonly known as CDs, are among the most frequently considered options for people looking to park a lump sum safely. CDs are time-deposit savings products offered by banks and credit…
SpaceX stock fell on Tuesday, putting an end to a three-day winning streak that had briefly pushed the shares back above their IPO offer price. The pullback came as investors digested a mixed earnings report from AST SpaceMobile, a key competitor in the Direct-to-Cell space broadband market. AST SpaceMobile reported revenue of $31.5 million for…
Major health insurers are pulling back from Medicare Advantage, forcing millions of older Americans to find new coverage in an already complicated insurance landscape. Enrollment in Medicare Advantage had grown steadily for years, reaching more than 34 million Americans by 2025, drawn by promises of better benefits at lower costs. Heading into 2026, however, that…
RTX Corporation (RTX) has surged 14.1% over the past month, significantly outpacing the Zacks Aerospace-Defense industry’s growth of 8.2% in the same period. The stock also outperformed the broader Zacks Aerospace sector’s 6.6% gain and the S&P 500’s modest 2.9% return over that timeframe. Peers General Dynamics (GD) and Lockheed Martin (LMT) also posted gains,…