US Politics & Business News
AST SpaceMobile (ASTS) endured a brutal July, shedding more than a third of its value after a string of announcements shook investor confidence in the company’s near-term outlook. The turbulence began on July 15, when AST announced a proposed offering of $1 billion in convertible notes, a form of debt that lenders can later swap…
Woodward, Inc. (WWD) delivered a strong third-quarter earnings beat alongside higher fiscal 2026 guidance, signaling broad demand strength across both its Aerospace and Industrial segments. Adjusted earnings jumped 43.2% year over year to $2.52 per share, topping the Zacks Consensus Estimate by 5.4% and underscoring the company’s operational momentum heading into the final quarter. Sales…
The Trade Desk (TTD) delivered a painful set of second-quarter results after Thursday’s closing bell, missing analyst expectations on both revenue and earnings per share. Revenue came in at $715.1 million, falling well short of the $751.4 million analysts had anticipated heading into the print. Adjusted earnings per diluted share landed at $0.34, below the…
Space Exploration Technologies Corp. (SPCX) defied expectations Thursday, rising 6.14% even as its first major lockup expiration dramatically expanded the number of tradable shares. Up to 911.5 million shares became eligible for sale on Aug. 6, the first significant unlock since the company’s blockbuster IPO on June 12. The IPO initially placed roughly 639 million…
Raytheon, an RTX Corporation (NYSE: RTX) business, completed installation of the first SPY-6(V)4 radar array at a Navy test site on Wallops Island, Virginia, on August 3. The milestone launches a testing phase that will ultimately determine how quickly the Navy can modernize a fleet of aging destroyers currently in service. The completion arrives at…
The Bureau of Labor Statistics is set to release its nonfarm payrolls report for July on Friday, with Wall Street forecasting a gain of just 83,000 jobs. Economists expect the unemployment rate to hold steady at 4.2%, following a sluggish June that produced only 57,000 new jobs. Beyond the headline figures, analysts will be scrutinizing…
SpaceX is opening a major trading window Thursday, with up to 911.5 million shares held by insiders and early investors becoming available to trade. The unlock represents one of the most significant liquidity events in recent memory for a private aerospace and technology company of SpaceX’s scale and profile. Insider and early investor share unlocks…
Retirement planning can feel overwhelming when you constantly measure your savings progress against what others have set aside for their futures. Financial experts consistently remind savers that retirement needs vary dramatically from person to person based on lifestyle, health, and expected longevity. The comparison trap is one of the most common mistakes retirement savers make,…
After a brutal July for technology stocks, hedge funds may be stepping back from the sector in ways that leave it increasingly vulnerable to retail-driven volatility. JPMorgan strategists led by Nikolaos Panigirtzoglou warn that battered hedge funds, forced out of tech stocks after a punishing July, may leave the tech trade increasingly dependent on retail…
IonQ (IONQ) is set to report its second-quarter 2026 results after market close tomorrow, with investors weighing strong execution against stretched valuations. The company’s stock surged 91.7% during the April-June quarter, driven by strong first-quarter results and raised full-year revenue guidance. IonQ also completed the acquisition of SkyWater Technology to vertically integrate quantum chip manufacturing,…