US Politics & Business News
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SpaceX shares are approaching their initial public offering price of $135 after a dramatic retreat from record highs, raising questions about the company’s lofty valuation. The aerospace giant went public at $135 a share roughly a month ago in a record-breaking IPO that valued the company at more than $1.7 trillion and raised $85.7 billion…
Retail investors are showing renewed conviction in the space sector even as several major names remain deep in negative territory over the past month. A Stocktwits poll drawing 1,600 votes found SpaceX (SPCX) and AST SpaceMobile (ASTS) each securing 33% of the vote as the top dip-buying opportunities. Rocket Lab (RKLB) followed closely with 29%…
IonQ (NYSE: IONQ) is leading a broad selloff across quantum computing stocks Monday, falling 8% to $39.52 with no company-specific news driving the decline. The move extends a painful stretch for IONQ shareholders, with shares now down 31% over the past month as sentiment has steadily deteriorated. D-Wave Quantum (NYSE: QBTS), Rigetti Computing (NASDAQ: RGTI),…
AAR Corp. (AIR) is continuing to build its footprint in the global aircraft maintenance, repair and overhaul market through a broad portfolio of aviation aftermarket services. The company provides airframe maintenance, component repair, parts supply, engineering support and fleet management solutions for commercial airlines, government agencies and defense customers worldwide. AAR has been steadily expanding…
US margin debt has surged to a record $1.4 trillion in May 2026, raising alarm bells among Wall Street analysts and market watchers. Data from FINRA shows that figure represents a stunning 54% jump compared to the same period last year, reflecting aggressive risk-taking by retail and institutional investors alike. Investors added roughly half a…
At 67 with a $140,000 pension, one retiree is asking a question that affects millions of married couples approaching retirement age. The central question is whether delaying Social Security until age 70 meaningfully increases the benefit a surviving spouse would receive after one partner dies. For many financial planners, the answer depends almost entirely on…
SanDisk Corp. (SNDK) shares have dropped sharply this month, even as Wall Street analysts grow more confident in the company’s long-term earnings power. The stock slumped 16% to $1,915 in July through Friday, then closed Monday’s session down an additional 12.63%, extending losses further in after-hours trading. Despite the steep decline, SNDK is still up…
AST SpaceMobile (ASTS) closed Monday’s trading session at $67.58, a sharp decline of 7.83% from the previous day’s close. The drop far outpaced the broader market, with the S&P 500 falling just 0.79% during the same session. The Dow Jones Industrial Average slid 0.26% on the day, while the tech-heavy Nasdaq declined 1.55%, both modest…
Boeing (BA) has stabilized its most important production line, but the real challenge for investors lies in a single production number that will determine the company’s financial future. For shareholders who have watched Boeing underperform the broader market over the past year, the path forward appears straightforward: convert a massive backlog into meaningful cash flow….
The U.S. Strategic Petroleum Reserve has fallen to its lowest level in more than 40 years, standing at 340.3 million barrels as of June 12. That marks the most depleted the reserve has been since the summer of 1983, when the nearly 50-year-old SPR was still being filled for the first time. The Trump administration…