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Quantum computing stocks have struggled to find momentum in recent months, but a potential catalyst may be taking shape on Capitol Hill. A Jefferies analyst says Congress could soon pass key legislation that would provide a significant boost to the sector. Stocks including D-Wave Quantum (QBTS), IonQ (IONQ), and Rigetti Computing (RGTI) have all seen…
RTX Corporation (RTX) is cementing its dominance in the air-to-air missile market as global demand for the Advanced Medium-Range Air-to-Air Missile continues to surge. The company’s Raytheon business recently secured a multiyear contract valued at up to $20.7 billion for AMRAAM production, guidance sections, and related requirements. The five-year contract, which includes two option years,…
The S&P 500 was trading within 2 percentage points of its record closing high recently, but a closer look reveals a far less optimistic picture beneath the surface. While the headline index continues to project strength, a significant number of individual stocks have fallen 20 percent or more from their recent peaks, meeting the traditional…
U.S. stock futures held flat in early Tuesday trading as rising Treasury yields and artificial intelligence safety concerns continued to weigh on market sentiment. As of 4:00 a.m. ET, Nasdaq (QQQ), S&P 500 (SPY), and Dow futures were flat, while Russell 2000 futures dipped 0.1% amid the cautious premarket tone. The subdued opening follows a…
AST SpaceMobile (ASTS) has delivered a dramatic share price run over the past three years, putting serious pressure on questions about how much its net assets can justify. With such a sharp move already behind investors, the central debate now is whether the current valuation remains grounded in book value or has simply run ahead…
Defense contractor RTX Corp (NYSE: RTX) has retreated from a record high of $226.88 reached on August 10, putting its shares under modest pressure. The pullback has pushed RTX stock slightly below its long-term 260-day moving average, a key technical support level closely watched by analysts and traders. Despite dipping beneath that trendline, the stock…
The November-to-April period has historically been one of the strongest stretches of the calendar year for equity markets, delivering consistent gains for investors. This reliable seasonal pattern has long encouraged investors to increase exposure to stocks heading into the final months of each year. However, at least one proprietary strategist model is now signaling that…
Shares of AST SpaceMobile (ASTS) climbed 0.2% overnight after the company disclosed a new change-of-control severance plan covering its CEO and senior executives. The plan, adopted by the board’s compensation committee and disclosed in a Monday filing, covers CEO Abel Avellan along with the company’s president, executive vice presidents, and senior vice presidents. Under the…
Raytheon, a business unit of RTX (NYSE: RTX), has been awarded a five-year multi-year contract valued at up to $20.7 billion for production of AMRAAM missiles. The contract includes two option years and was awarded under the Department of War’s Arsenal of Freedom initiative, a program designed to accelerate domestic munitions output. The agreement follows…
SpaceX is no longer just a rocket company, and Wall Street analysts are increasingly focused on its fast-growing artificial intelligence infrastructure business. The company has been securing major AI compute deals that analysts believe could dwarf revenues from its core launch and satellite operations in the years ahead. TD Cowen projects that SpaceX’s terrestrial AI…