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Rocket Lab (NASDAQ: RKLB) shares fell to $55.25 after the company pushed its Neutron rocket’s first launch into 2027, a 6.6% decline from recent levels. The stock had dropped as much as 16% earlier in the session, extending what had already become a six-session losing streak for the company. Chief Executive Peter Beck cited voids…
SpaceX has firmly established itself as the dominant force in direct-to-cell satellite communications, with 650 dedicated DTC satellites now in orbit serving users across the globe. The company launched its first Starlink satellites capable of supporting direct cellphone-to-satellite calls in January 2024, moving quickly after rivals demonstrated the concept was viable. AST SpaceMobile (ASTS) first…
GE Aerospace (GE) is set to report third-quarter 2026 results on October 20, before the market opens, with analysts watching closely. The Zacks Consensus Estimate for quarterly earnings stands at $2.02 per share on revenues of $12.7 billion, reflecting solid analyst confidence. Third-quarter earnings estimates have climbed 1% over the past 60 days, with the…
India’s benchmark equity indexes have fallen nearly 12% since January, even as the country’s broader economy has shown resilience against trade uncertainty and geopolitical pressures. Finance Minister Nirmala Sitharaman told CNBC in an exclusive interview that excess liquidity is a key driver of market underperformance, and the problem may persist going forward. “Because of the…
A bold options trade on AST SpaceMobile (ASTS) is drawing attention despite the stock carrying a 100% Strong Sell rating from Barchart’s Technical Opinion indicator. Debit-side options spreads work similarly to at-bats in baseball, where success rates are low but smart decision-making can exploit favorable conditions and circumstances. ASTS stock has lost nearly 30% over…
Rigetti Computing (RGTI) shares have dropped sharply over the past month, raising fresh questions about investor patience with the quantum computing sector. RGTI stock declined 21% over the past month, while D-Wave Quantum (QBTS) fell 27.6% and Quantum Computing Inc. (QUBT) slipped 19% over the same period. The broader software market and the S&P 500…
Analysts expect RTX (RTX) to report quarterly earnings of $1.76 per share, a 3.5% increase compared to the same period last year. Revenue forecasts for the quarter stand at $23.84 billion, representing a year-over-year increase of 6.1% for the defense and aerospace giant. The consensus EPS estimate has seen a modest downward revision of 0.1%…
The question of how to divide a family business among heirs is one of the most emotionally charged decisions any parent can face. A 64-year-old father with two sons is wrestling with whether it is ethical to leave 70% of the family company to the son who actively works in the business. The other son…
September’s producer price index came in far hotter than economists had forecast, reinforcing persistent inflationary pressures tied to rising energy costs amid the U.S. war with Iran. The producer price index climbed 1.3% in September and 6.3% on an annual basis, according to the Bureau of Labor Statistics, marking the largest monthly and annual gains…
AST SpaceMobile may be losing its window to replicate Rocket Lab’s deal-making success, according to satellite communications consultant Tim Farrar. Farrar issued the warning on X, pointing to Rocket Lab’s use of elevated equity to acquire other businesses before its stock momentum cooled. “RocketLab used its equity to acquire other businesses while its stock was…