US Politics & Business News
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RTX Corporation (RTX) has lost just 0.7% over the past six months, a notably stronger result than the Zacks Aerospace-Defense industry’s steep decline of 15.8%. The broader Zacks Aerospace sector also fell 15.9% during the same period, making RTX’s relative resilience stand out among its peers. RTX did, however, underperform the S&P 500, which posted…
South Korea’s semiconductor sector delivered a staggering export surge in August, pushing the country’s overall trade figures to historic levels. Semiconductor exports jumped 209% from a year earlier to a record $46.65 billion in August, accounting for 47.5% of the country’s $98.25 billion in total goods exports that month. The Ministry of Trade, Industry and…
Shares of AST SpaceMobile (ASTS) jumped 13% on Wednesday, September 2, 2026, after investment bank Berenberg initiated coverage with a bullish recommendation. The broader market also moved higher on the day, with the S&P 500 gaining 0.4% and the Nasdaq Composite rising 0.3% in Wednesday’s session. Berenberg initiated coverage of the satellite-communications company with a…
Pure-play quantum stocks delivered powerful gains earlier in 2026 before hitting a wall as investors began demanding harder evidence of revenue conversion and commercialization. IonQ (IONQ) shares dropped 5.4% following its second-quarter results, while Rigetti and D-Wave (QBTS) shares have lost 10.7% and 22.7%, respectively, since August 5. The sharp volatility underscores the risks of…
GE Aerospace (GE) continues to demonstrate persistent strength in its Commercial Engines and Services segment, driven by surging demand for LEAP, GEnx, and GE9X engines. Strong growth in global air traffic, fleet renewal programs, and airline expansion activities are collectively supporting the company’s robust order pipeline heading into the second half of 2026. In the…
A sibling inheritance dispute is raising questions about whether one brother can legally compel the other to share property-related financial responsibilities. The case comes from Quentin Fottrell’s Moneyist advice column on MarketWatch, which regularly addresses complex personal finance and inheritance dilemmas. In this scenario, twin brothers were each left a house by their parents, creating…
August proved to be the weakest month for private sector hiring since January, with job creation falling short of already modest expectations. Payrolls processing firm ADP reported Wednesday that private U.S. companies added 38,000 workers during the month, missing the Dow Jones consensus estimate of 47,000. The August figure also fell below the upwardly revised…
MBody AI Ltd. (NASDAQ: MBAI) announced its MBody AI Orchestrator platform has been shortlisted for AI Deployment of the Year in The 2026 A.I. Awards. The awards program is run by The Cloud Awards and recognizes the most impactful and innovative deployment of artificial intelligence within the past year. MBody AI was shortlisted alongside CrowdStrike…
Berenberg has launched coverage of the U.S. and European space sector, initiating four stocks at Buy and one at Hold as the industry surges past key economic milestones. Analyst Michael Filatov said falling launch costs have driven the space economy past $500 billion in 2025, with the market on track to exceed $1 trillion by…
Berenberg launched coverage of the space sector on Wednesday, identifying three U.S.-listed stocks it believes are positioned to lead the industry’s rapid expansion. Analyst Michael Filatov initiated Buy ratings on AST SpaceMobile (ASTS), Rocket Lab (RKLB), and Planet Labs (PL), citing falling launch costs as a key driver of growth across the sector. Filatov said…