Business News

Three major space sector stocks have collapsed dramatically from their highs, raising serious concerns among investors tracking the industry’s volatile momentum. Planet Labs (PL), Rocket Lab (RKLB), and AST SpaceMobile (ASTS) have all followed a strikingly similar trajectory, surging earlier before reversing course with painful speed. Each of these three companies reached a notable peak…

The AI infrastructure trade faced significant pressure in July as investors questioned whether hyperscalers can maintain high capital spending while delivering attractive returns. Those concerns deepened after Alphabet (GOOGL) raised its 2026 capital expenditure guidance to $195-$205 billion, up from a prior range of $180-$190 billion. Reports that NVIDIA (NVDA) is considering financing guarantees for…

RTX Corporation (NYSE: RTX) lifted its full-year 2026 sales and profit guidance, citing sustained demand for commercial aircraft maintenance and military weapons systems across global markets. The aerospace and defense giant now projects adjusted sales between $95 billion and $96 billion, up sharply from its prior estimate of $92.5 billion to $93.5 billion, beating Wall…

D-Wave Quantum Inc. (NASDAQ: QBTS) shares slipped in Tuesday premarket trading as investors locked in gains following Monday’s nearly 20% rally. The retreat came after D-Wave announced an agreement with AT&T Inc. (NYSE: T) to expand quantum computing across AT&T’s network operations. That deal served as a powerful commercial endorsement for D-Wave, signaling growing enterprise…

SpaceX (NASDAQ: SPCX) shares are down 3% to $109.96, extending a slide that now totals 30% since the June 12 IPO. The broader space sector is selling off sharply in Tuesday’s session, with peers falling even harder despite fresh positive catalysts at the company level. Rocket Lab (NASDAQ: RKLB) stock has dropped 9% to $60.63,…