US Politics & Business News
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Generic drugs imported into the United States will face zero tariffs for two years starting August 1, before a 100% levy takes effect in August 2028. President Donald Trump announced the phased tariff schedule on Tuesday, describing the escalation as “a penalty” for companies that fail to build plants and facilities in the U.S. within…
Space stocks have endured significant selling pressure throughout 2026, leaving retail investors sharply divided over whether the sector has found its floor. A Stocktwits poll drawing more than 5,700 votes revealed a near-perfect split in sentiment, with 43% of respondents believing space stocks had bottomed and another 43% expecting further downside. The remaining 14% of…
Wall Street’s speculative darlings have taken a brutal beating in recent weeks, with sentiment swinging hard against pre-revenue and high-growth names across the board. Semiconductors have led the broader rotation lower, with Micron Technology (NASDAQ: MU) shedding roughly a third of its value in just two weeks of trading. Even the buzz surrounding the Space…
Raytheon UK has led the Omnia Training consortium to secure a £2,000 million, 15-year British Army collective training contract, renewing investor focus on RTX’s long-term valuation. The contract win raises fresh questions about whether the market has fully priced in RTX’s expanding international defense footprint and what that means for shareholders. RTX shares are currently…
SpaceX shares rebounded sharply on Tuesday, ending a brutal seven-session losing streak that had erased roughly 21% of the stock’s value. Macquarie analysts led by Paul Golding described the pullback as a buying opportunity, arguing that SpaceX’s fundamental story remains largely intact despite the recent sell-off. “We see the pullback presenting an opportunity to gain…
Healthcare costs represent one of the largest and most unpredictable expenses retirees face, making the timing of retirement a critical financial decision. Most Americans do not fully consider how the age at which they retire directly affects what they will pay for health coverage in their early retirement years. Retiring before age 65 means leaving…
Super Micro Computer (SMCI) shares rocketed more than 25% in after-hours trading Tuesday after the company issued a stunning preliminary fiscal fourth-quarter update. The stock had already closed the regular session roughly 7% higher before extending those gains sharply following the announcement. The company said GAAP and non-GAAP gross margins are now estimated to be…
Rigetti Computing’s (RGTI) first-quarter 2026 results revealed a financial position that stands out sharply among emerging quantum computing companies navigating a difficult funding environment. The company ended the quarter with nearly $569 million in cash, cash equivalents and available-for-sale investments, while carrying absolutely zero debt on its balance sheet. This level of liquidity gives Rigetti…
RTX (NYSE: RTX) subsidiary Pratt & Whitney has signed a Memorandum of Understanding with Tigerair Taiwan to power 15 Airbus A321neo aircraft with GTF engines. The agreement covers four firm aircraft and 11 leased aircraft, extending a partnership that dates back to the airline’s founding in 2014. Tigerair Taiwan currently operates nine Airbus A320neo family…
President Donald Trump is poised to unleash a new wave of tariffs on dozens of countries, potentially as soon as this week, according to the Financial Times. The moves come as the administration’s temporary 10% global tariff is scheduled to expire on Friday, July 24, creating urgency around what comes next. The U.S. Supreme Court…