RTX Corp. and Lockheed Martin have emerged as standout performers this week, riding a wave of investor enthusiasm following strong second-quarter 2026 earnings reports. Both defense giants delivered results that exceeded Wall Street expectations, raised their full-year outlooks, and reported record contract backlogs that signal durable demand for years ahead. RTX posted double-digit revenue and…

Shares of AST SpaceMobile (ASTS) and Rocket Lab (RKLB) slipped in overnight trading heading into Friday, pressured by reports that SpaceX is pulling back on future Falcon 9 launch availability. ASTS fell roughly 1% while RKLB dropped approximately 0.3%, though both stocks remained positive on the week, with ASTS up 2% and RKLB gaining 4%….

Industrial stocks defied a broadly falling market on Thursday, with several major names posting sharp gains driven by stronger-than-expected quarterly earnings results. The State Street Industrial Select Sector SPDR ETF (XLI) surged 1.73% on the session, clawing its way back into a buy zone as investors responded enthusiastically to a wave of earnings beats across…

Clear Street has recommended investors buy AST SpaceMobile stock, arguing the company’s sharp decline from its May peak represents a temporary setback rather than a fundamental problem. The brokerage said the pullback was driven by disruptions involving third-party launch vehicles, not by lost customer contracts or a slowdown in demand for direct-to-device satellite connectivity. Clear…

Shares of aerospace and defense giant Raytheon climbed 7.3% on Thursday after the company delivered a second-quarter earnings report that exceeded analyst expectations across multiple metrics. RTX posted adjusted earnings per share of $1.89 on revenue of $24.71 billion, representing a year-over-year revenue increase of 14.5% from the prior period. The strong top and bottom-line…

U.S. benchmark equity indexes fell sharply intraday on Thursday as surging oil prices added fresh pressure to an already fragile market session. Brent crude crossed the $100-per-barrel threshold, a psychologically significant level that rattled investor confidence across multiple sectors of the market. Energy cost concerns rippled through Wall Street, pushing the S&P 500 (^GSPC) down…