US Politics & Business News
The producer price index fell 0.3% in June, defying the Dow Jones consensus estimate that called for the wholesale cost gauge to remain unchanged. The Bureau of Labor Statistics released the data on Wednesday, marking the second consecutive day of better-than-expected inflation readings for the U.S. economy. On an annual basis, the PPI still reflected…
SpaceX (SPCX) made history when it went public on June 12 in the largest initial public offering ever recorded, debuting on the Nasdaq at $135 per share. The company, formally known as Space Exploration Technologies Corp., was immediately celebrated as the most valuable IPO in history upon its market debut. Shares initially surged as high…
AST SpaceMobile (NASDAQ: ASTS), based in Midland, Texas, has been one of the most volatile space stocks trading on U.S. markets this year. The stock surged 59% to an all-time high on May 28 before enduring a series of double-digit swings in both directions throughout 2026. Shares climbed more than 35% from their one-month low…
Zacks Research Daily has released its latest batch of analyst reports, covering 16 major stocks across energy, finance, and technology sectors. Among the featured names are Chevron Corp. (CVX), TotalEnergies SE (TTE), and Robinhood Markets, Inc. (HOOD), alongside two micro-cap picks that rarely receive institutional coverage. Chevron shares have gained 26.2% over the past year,…
China’s economy expanded just 4.3% in the second quarter of 2026, its slowest pace since the fourth quarter of 2022, missing analyst expectations and raising fresh concerns about the country’s growth trajectory. The figure fell short of the 4.5% growth forecast in a Reuters poll and marked a significant deceleration from the 5% expansion recorded…
Quantinuum’s long-awaited IPO has reignited investor enthusiasm for quantum computing, drawing fresh attention to pure-play names including Rigetti Computing (RGTI). The listing has fueled optimism that growing investor interest, fresh capital and a maturing ecosystem could accelerate the commercialization of quantum computing across industries. Pure-play quantum stocks including IonQ (IONQ), D-Wave Quantum (QBTS) and Quantum…
International Business Machines (IBM) shares logged their worst single-day decline on record Tuesday after the company issued a disappointing preliminary second-quarter earnings report. The stock plummeted 25%, surpassing the company’s previous worst day on record, when shares fell 23.7% on October 19, 1987. CEO Arvind Krishna pointed to a sudden and dramatic shift in customer…
AST SpaceMobile (NASDAQ: ASTS) is pursuing one of the most ambitious goals in the telecommunications industry today. The company wants to deliver cellular coverage to every corner of the planet using a constellation of low-Earth-orbit satellites. Unlike direct-to-consumer satellite competitors, AST operates a carrier-first model that positions it as a partner to existing telecom giants…
RTX Corporation (RTX) continues to expand its footprint in the electronic warfare market through a broad portfolio of advanced attack, sensing and mission systems. The company’s capabilities span electronic attack technologies, advanced radar and sensors that collectively support modern military operations across multiple combat domains. One of RTX’s flagship offerings is the Next Generation Jammer…
IBM shares tumbled 24% in premarket trading after the tech giant unexpectedly released preliminary second-quarter earnings a full week ahead of schedule. If the losses hold, it would mark the steepest one-day decline for IBM (IBM) since Black Monday in 1987, when the stock fell 23.7% during the worst day in U.S. stock market history….