US Politics & Business News
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SpaceX (NASDAQ: SPCX) shares dropped 5% to $138.58 in early Monday trading, marking a fresh record low that falls below the stock’s $150 debut price and well off its $225 peak reached on June 16. The decline extends a brutal stretch for the stock, which had already shed 10% over the prior week amid mounting…
IonQ (IONQ) is building its commercialization case around a clearly defined technical roadmap anchored by a 256-qubit system target for the fourth quarter of 2026. During the first quarter, the company received the first tape-out of its chip-based 256-qubit design, which is now moving through foundry fabrication. IonQ also announced the presale of its first…
After a remarkable 169.9% return over the past five years, RTX stock now sits at levels where multiple valuation frameworks point to roughly appropriate pricing. The Discounted Cash Flow model estimates RTX’s intrinsic value at approximately $200 per share, sitting only slightly above the current share price. That gap implies a discount of roughly 1.8%,…
SK Hynix’s landmark arrival on the Nasdaq has triggered a wave of volatility that is now washing over U.S. semiconductor stocks, with Micron (MU) taking the hardest hit. The South Korean memory chipmaker raised over $26 billion through American Depositary Receipts priced at $149 each, marking one of the most significant semiconductor listings in recent…
Taiwan Semiconductor Manufacturing Corp. (TSM) delivered its strongest monthly revenue performance in company history, fueling optimism ahead of its second-quarter earnings report this Thursday. TSMC reported net revenue of 442.68 billion new Taiwanese dollars, equivalent to approximately $13.2 billion, for the month of June alone. That figure represents a stunning 67.9% increase from the same…
RTX Corporation (RTX) is aggressively expanding its global sustainment capabilities to support military and commercial customers throughout the full lifecycle of their platforms. The company delivers maintenance, repair, overhaul, and modernization support across a broad portfolio of engines, avionics, sensors, and mission systems. These long-term service capabilities strengthen customer relationships while generating recurring revenue opportunities…
Wall Street’s most overlooked large-cap stocks may offer investors a significant edge as another earnings season gets underway across major market sectors. Stocks that carry the least analyst enthusiasm and the heaviest skepticism often have the lowest bars to clear when quarterly results are reported to the public. When expectations are depressed and sentiment is…
The Federal Reserve is signaling a dramatic shift in monetary policy, with most officials now leaning toward raising interest rates before the end of 2026. New Fed chairman Kevin Warsh struck a notably hawkish tone during the central bank’s June meeting, surprising markets that had anticipated further rate cuts this year. Almost every member of…
ASML Holding is set to report its second-quarter 2026 results before European markets open on Wednesday, July 15, kicking off a closely watched earnings season. The Dutch semiconductor equipment maker is the world’s sole manufacturer of extreme ultraviolet lithography systems, the machines essential for producing the most advanced AI chips. Investors across the semiconductor space…
India’s consumer price inflation climbed to 4.38% in June, rising from 3.93% in May, marking the eighth consecutive month of acceleration. The figure came in above economists’ expectations of a 4.30% increase, according to a Reuters poll of analysts. The U.S.-Iran war and a weakening monsoon season have combined to push food and fuel prices…