US Politics & Business News
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Shares of Lumentum Holdings (LITE) surged more than 9% on Monday after Barclays upgraded the optical and photonic technologies maker to a bullish stance. Barclays lifted its rating on LITE to Overweight from Equal Weight, maintaining a $1,000 price target that implies roughly 36% upside from Friday’s closing price. The upgrade comes after LITE shares…
More Americans than ever before now have legal access to medical aid in dying, with laws spreading rapidly across the country in recent years. Today, more than one in three Americans — approximately 32.80% of the population — live in a jurisdiction where medical aid in dying is legally authorized. At least 14 states have…
AST SpaceMobile (ASTS) is emerging as one of the more compelling growth stories in the space sector, with analysts projecting revenue gains that could outrun even the world’s most valuable space company. SpaceX (SPCX) currently holds a market cap of $1.6 trillion, making it the dominant force in the global space industry by a wide…
D-Wave Quantum Inc. (QBTS) has taken a significant hit in recent weeks, with shares tumbling 32.2% over the past four weeks amid persistent selling pressure. Despite the sharp decline, technical indicators and fundamental signals are beginning to align in ways that suggest the stock could be approaching a turning point. Analysts who track the quantum…
Oppenheimer says the early batch of S&P 500 earnings results for the latest quarter are significantly surpassing analyst profit growth estimates. The findings come from an initial group of S&P 500 companies that have already reported their quarterly financial results ahead of the broader earnings season. Earnings growth among the early reporters is tracking well…
Taylor Fresh Foods confirmed the FDA apologized after a laboratory test for Cyclospora on its iceberg lettuce returned an erroneous positive result. “Today, FDA apologized to us,” Taylor Fresh Foods said in a statement, marking a rare public acknowledgment of error from the federal food safety agency. The full statement from Taylor Fresh Foods read:…
The U.S. Department of Agriculture revised its beef export sales figures dramatically downward, triggering serious questions about the agency’s data integrity following significant staffing losses. Just one week before the correction, the USDA reported net U.S. beef export sales for the week ending June 25 had reached 126,062 metric tons, representing a nearly 500% jump…
Social Security’s long-term financial outlook is fueling a sharp debate among financial professionals about the smartest time to start collecting benefits. A certified public accountant is publicly arguing for claiming Social Security early, pointing to a risk that many retirement planners quietly acknowledge but rarely discuss openly. The central concern is the projected depletion of…
Goldman Sachs is pointing investors toward three distinct investment themes as extreme volatility rattles AI infrastructure stocks and reshapes how markets are being navigated. The Wall Street bank argues that consumer experience companies, high-quality compounders, and potential mergers and acquisitions targets offer growth exposure with minimal correlation to its AI baskets. Goldman Sachs U.S. portfolio…
Shares of AST SpaceMobile (ASTS) climbed 2% in premarket trading Monday as the company’s $1 billion convertible note offering approached its settlement date. The move follows a turbulent week for the stock, which gained 5% on Friday but still closed the week down 21%, its steepest weekly decline in more than two years. Satellite communications…