US Politics & Business News
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Raytheon UK has led the Omnia Training consortium to secure a £2,000 million, 15-year British Army collective training contract, renewing investor focus on RTX’s long-term valuation. The contract win raises fresh questions about whether the market has fully priced in RTX’s expanding international defense footprint and what that means for shareholders. RTX shares are currently…
SpaceX shares rebounded sharply on Tuesday, ending a brutal seven-session losing streak that had erased roughly 21% of the stock’s value. Macquarie analysts led by Paul Golding described the pullback as a buying opportunity, arguing that SpaceX’s fundamental story remains largely intact despite the recent sell-off. “We see the pullback presenting an opportunity to gain…
Healthcare costs represent one of the largest and most unpredictable expenses retirees face, making the timing of retirement a critical financial decision. Most Americans do not fully consider how the age at which they retire directly affects what they will pay for health coverage in their early retirement years. Retiring before age 65 means leaving…
Super Micro Computer (SMCI) shares rocketed more than 25% in after-hours trading Tuesday after the company issued a stunning preliminary fiscal fourth-quarter update. The stock had already closed the regular session roughly 7% higher before extending those gains sharply following the announcement. The company said GAAP and non-GAAP gross margins are now estimated to be…
Rigetti Computing’s (RGTI) first-quarter 2026 results revealed a financial position that stands out sharply among emerging quantum computing companies navigating a difficult funding environment. The company ended the quarter with nearly $569 million in cash, cash equivalents and available-for-sale investments, while carrying absolutely zero debt on its balance sheet. This level of liquidity gives Rigetti…
RTX (NYSE: RTX) subsidiary Pratt & Whitney has signed a Memorandum of Understanding with Tigerair Taiwan to power 15 Airbus A321neo aircraft with GTF engines. The agreement covers four firm aircraft and 11 leased aircraft, extending a partnership that dates back to the airline’s founding in 2014. Tigerair Taiwan currently operates nine Airbus A320neo family…
President Donald Trump is poised to unleash a new wave of tariffs on dozens of countries, potentially as soon as this week, according to the Financial Times. The moves come as the administration’s temporary 10% global tariff is scheduled to expire on Friday, July 24, creating urgency around what comes next. The U.S. Supreme Court…
Jim Cramer used his Lightning Round segment on CNBC’s Mad Money to deliver a series of pointed calls across several high-profile stocks. The veteran market commentator endorsed Lyft (NASDAQ: LYFT) near current levels, citing the company’s leadership and strong free cash flow generation as reasons to buy. “I think David Risher’s doing a good job….
Shares of major space sector stocks caught a strong bid Tuesday as the group rebounded sharply from recent weakness across the board. AST SpaceMobile (NASDAQ: ASTS) led the move with a 12% gain, pushing shares to $64 as investors responded to a significant capital raise announcement. SpaceX (NASDAQ: SPCX) shares climbed 7% to $128 after…
Collins Aerospace, a business unit of RTX (NYSE: RTX), and Etihad Engineering have announced a new joint venture to provide nacelle maintenance, repair, and overhaul services in Abu Dhabi. The two companies made the announcement at the Farnborough International Airshow, signaling a significant expansion of MRO capabilities across the Middle East aviation sector. The joint…