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Figma shares fell sharply in after-hours trading Wednesday despite the design software company posting a decisive second-quarter earnings beat driven by its aggressive artificial intelligence push. The company reported second-quarter revenue of $370.08 million, surpassing analyst estimates of $351.56 million by a considerable margin. Adjusted earnings came in at eight cents per share, doubling the…
Five months after slashing 40% of its workforce in the name of artificial intelligence, Block is making a strong case that the painful decision was the right one. CEO Jack Dorsey cut over 4,000 jobs at Block earlier this year, shrinking the company from more than 10,000 employees to under 6,000 workers. Dorsey framed the…
AST SpaceMobile (ASTS) and Vertiv Holdings (VRT) represent two very different bets for growth-oriented investors weighing their options in 2026. AST SpaceMobile trades at roughly 225 times its trailing 12-month revenue, a premium valuation that reflects the market’s high expectations for the satellite connectivity company. Vertiv, by contrast, trades at approximately 9 times revenue, a…
After a brutal July rout, publicly traded space stocks are staging a powerful comeback, driven by satellite launches, defense contracts, earnings beats, and fresh lunar milestones. Voyager Technologies (VOYG) led all gainers with a 54% weekly return, followed by Redwire (RDW) at 38%, AST SpaceMobile (ASTS) at 29%, and Rocket Lab (RKLB) at 28%. Firefly…
Raytheon, a division of RTX (NYSE: RTX), has delivered and installed the first SPY-6(V)4 radar array at Wallops Island, marking a significant program milestone. The radar system is a core component of the U.S. Navy’s Flight IIA Destroyer modernization and backfit program, a long-term defense initiative. Extensive testing of the newly installed SPY-6(V)4 system is…
Scammers are sending fake party invitations that appear to come from trusted contacts, including friends, family members, coworkers, and neighbors. At first glance, the emails look entirely legitimate, often carrying the sender’s real email signature, phone number, website, and even a personal photo. The Federal Trade Commission has issued a warning about this phishing scheme,…
An aging relative has lost the ability to care for himself, forcing a family member to wrestle with a deeply personal and financially complex ethical dilemma. The situation was submitted to MarketWatch’s personal finance advice column, “Don’t Short Yourself,” where readers bring difficult money and life questions for guidance. The writer expressed reluctance to abandon…
SanDisk posted fiscal fourth-quarter revenue of $8.79 billion, topping Wall Street consensus estimates of $8.64 billion by a meaningful margin. The company also delivered adjusted earnings per share of $39.25, well above analyst estimates of $34.37, marking a strong end to the fiscal year. SanDisk attributed its revenue growth to approximately one-third higher volumes and…
Shares of AST SpaceMobile (ASTS) fell 2% on Wednesday after surging 11% the prior session, as investors weighed a successful satellite launch against broader market movements. The company confirmed the successful deployment of BlueBird satellites 11, 12, and 13 early Wednesday morning, marking another step forward in its space-based cellular broadband ambitions. SpaceX’s Falcon 9…
IonQ (IONQ) has delivered its second-quarter earnings report, marking the unofficial start of what analysts are watching as a pivotal earnings season for the quantum computing sector. The results arrive just days after IonQ closed a significant acquisition, adding a layer of strategic momentum to an already closely watched financial update. The revenue figure for…