Business News

AST SpaceMobile (NASDAQ: ASTS) has claimed the top spot on a widely watched list of nine potential breakout AI stocks with similarities to SanDisk’s historic run. The stock, which carries 39 hedge fund investors, is drawing growing attention from both retail traders and institutional players looking for the next major breakout opportunity. Investors on Reddit…

AST SpaceMobile (ASTS) shares tumbled 21.6% in June, according to data from S&P Global Market Intelligence, marking a sharp reversal for the once high-flying satellite internet company. The decline stems from two major developments that have shaken investor confidence in the company’s ability to maintain its early lead in direct-to-device satellite internet. AST SpaceMobile delayed…

Rocket Lab (NASDAQ: RKLB) shareholders who bought shares two years ago are sitting on one of the most dramatic re-ratings the market has seen in recent memory. The stock traded at $4.54 on July 1, 2024, and closed at $101.65 on June 30, 2026, representing a staggering 2,138% two-year run that has drawn intense retail…

Northrop Grumman (NOC) is aggressively strengthening its foothold in the global missile market through advanced precision-strike technologies and missile defense solutions. The company serves both the U.S. military and allied nations with a broad portfolio designed to counter increasingly sophisticated battlefield threats. NOC’s missile capabilities span tactical missiles, missile defense technologies, next-generation munitions, advanced sensors,…

RTX (RTX) has climbed 33.4% over the past year, fueled by a robust defense and aerospace recovery, and currently trades around $191.78 per share. The company recently delivered a strong quarter featuring 10% organic sales growth and raised its full-year outlook, supported by what management describes as a record backlog. For shareholders who have already…

Shares of aerospace and defense company RTX climbed 3.4% in afternoon trading after its Raytheon business secured a $1.1 billion contract from the U.S. Navy. The contract covers production of AIM-9X Block II missiles along with associated hardware and software for both U.S. military forces and foreign allies. The deal comes in response to increased…

AST SpaceMobile (NASDAQ: ASTS) is gaining serious attention from retail investors looking for a credible, infrastructure-backed alternative to the SpaceX frenzy. The company is developing what it calls the world’s first space-based cellular broadband network operating in Low Earth Orbit, targeting everyday smartphone users. Unlike many space ventures still chasing ambitious concepts, AST SpaceMobile is…

AST SpaceMobile (NASDAQ: ASTS) delivered its best single-day performance in two years, surging 21% on June 29 to close out the second quarter with momentum. The Midland, Texas-based space-based direct-to-device cellular broadband provider had endured a bruising month despite positive operational developments on the satellite launch front. Space stocks broadly took a hit following the…

AeroVironment (AVAV) had already delivered its strongest quarter on record before the week’s biggest catalyst even arrived on Thursday. The drone maker reported a funded backlog of $1.2 billion, a milestone that would have been headline-worthy on its own for any defense company. But the real move came Thursday, when shares jumped 10.7% in a…

RTX Corporation (RTX) is drawing favorable attention from Wall Street, with analysts across 25 brokerage firms weighing in with a broadly positive outlook on the defense and aerospace giant. The company currently holds an average brokerage recommendation of 1.80 on a scale of 1 to 5, where 1 represents a Strong Buy and 5 represents…