US Politics & Business News
Americans who continue working into their seventies may be leaving money on the table if they assume their Social Security benefit is already locked in permanently. The Social Security Administration calculates retirement benefits based on a worker’s highest 35 years of indexed earnings, meaning more recent income can still matter significantly. If your current wages…
Social Security survivor benefits are among the most misunderstood programs available to Americans who have lost a spouse, and the rules differ significantly from standard retirement benefits. Many people mistakenly assume that the age-62 threshold governing retirement and spousal benefits also applies to survivor benefits, but that is not the case. Widows and widowers are…
Over the past month, quantum computing stocks have been hit hard as investors pulled capital from high-multiple, pre-profit technology names across the board. IonQ (NYSE: IONQ) shares are down 39% over the trailing month, with the stock trading around $32.86 midday Wednesday, making it one of the sector’s steepest decliners. Rigetti Computing (NASDAQ: RGTI) and…
Individual investors are selling stocks at the fastest pace recorded since the market collapse that accompanied the COVID-19 pandemic in 2020. The selling pressure from retail participants marks a significant shift in sentiment, as individual investors had been among the most resilient buyers during recent periods of market turbulence. The pace of selling reflects growing…
AST SpaceMobile (ASTS) drew renewed investor attention Wednesday after Scotiabank upgraded the stock and cited expanding satellite pipeline and telecom partnerships as proof of its “global reach and impressive technology.” Scotiabank upgraded ASTS to “Sector Perform” from “Underperform” and raised its price target to $50.80 from $41.20, describing the valuation as having entered a “grey…
RTX Corporation (RTX) has delivered a remarkable 181.5% return over the past five years, yet current analysis suggests the stock is now trading close to its fair value rather than offering a clear bargain. A Discounted Cash Flow model based on RTX’s projected future cash generation points to an estimated intrinsic value of approximately $232…
Bloom Energy (BE) reported its strongest quarterly sales result ever, with revenue surging 166% year-over-year to $1.07 billion for the second quarter ended June 30. The milestone marks the first time the fuel-cell power systems manufacturer has crossed the billion-dollar threshold in a single quarter. Wall Street had estimated approximately $834 million in revenue, meaning…
Semiconductor stocks and artificial intelligence names came under heavy pressure Monday following a dramatic trading debut by Chinese memory chip maker ChangXin Memory Technologies, known as CXMT. The major indexes slid as a chip stock selloff rippled across Wall Street, catching investors off guard with the scale and speed of the market reaction. Reports that…
Ford Motor (F) has matched rival General Motors by lifting its full-year earnings guidance, sending shares surging nearly 7% in after-hours trading Wednesday. The Detroit automaker reported second-quarter adjusted earnings per share of $0.42, topping Wall Street’s consensus estimate of $0.36, according to Bloomberg data. Ford posted Q2 automotive revenue of $44.89 billion, compared to…
Three major space sector stocks have collapsed dramatically from their highs, raising serious concerns among investors tracking the industry’s volatile momentum. Planet Labs (PL), Rocket Lab (RKLB), and AST SpaceMobile (ASTS) have all followed a strikingly similar trajectory, surging earlier before reversing course with painful speed. Each of these three companies reached a notable peak…