US Politics & Business News
RTX Corporation (RTX) has delivered a standout performance over the past year, with its stock surging 36.6% and leaving much of the aerospace and defense sector behind. That gain dwarfs the Zacks Aerospace-Defense industry’s growth of 6.6% and the broader Zacks Aerospace sector’s 11% return over the same period. RTX also outpaced the S&P 500,…
AST SpaceMobile (ASTS) shares slipped more than 1% overnight on Monday despite the company announcing that its BlueBird 11 satellite is en route to Cape Canaveral for an August launch. The overnight dip followed a 5% drop during Monday’s regular session, as ASTS joined a broader pullback across space stocks after the sector gave back…
AST SpaceMobile, Inc. (ASTS) closed the most recent trading session at $80.64, a decline of 5.27% from the prior day’s closing price. The drop stood in stark contrast to broader market performance, with the S&P 500 posting a daily gain of 0.72% on the same day. The Dow Jones Industrial Average also moved higher, rising…
The U.S. Army has selected REalloys (NASDAQ: ALOY) to build and operate the first commercial critical mineral processing facility ever established on a U.S. military installation. REalloys plans to construct a heavy rare earth processing complex at the Tooele Army Depot in Utah, targeting the refinement of dysprosium and terbium for use in defense-grade permanent…
Shares of leading space stocks are pulling back sharply on Monday, with the sector’s top performers giving up a significant portion of last week’s outsized gains. Rocket Lab (NASDAQ: RKLB) is leading the decline, falling 7% to $93.28 as traders move to lock in profits after a blistering stretch of momentum-driven buying. AST SpaceMobile (NASDAQ:…
Quantum computing stocks remain speculative, pre-profit instruments sitting well outside core-portfolio territory, with extreme price-to-sales multiples across the sector. NVIDIA (NASDAQ: NVDA) CEO Jensen Huang once suggested large-scale commercialization of quantum computing is likely at least 15 years away from becoming a reality. Despite that long runway, operating data underneath the hype has materially improved…
The iShares U.S. Aerospace and Defense ETF (NYSEARCA:ITA) has climbed 13.74% year to date without owning a single share of Tesla (NASDAQ:TSLA) or any Magnificent Seven stock. Over the same period, Tesla shares have fallen 12.51%, making ITA’s sector-focused exclusion look prescient from a pure performance standpoint. ITA is BlackRock’s iShares fund tracking large- and…
Shares of AST SpaceMobile (ASTS) gained 1% in overnight trading Sunday following a landmark satellite emergency communications test conducted by Vodafone Ireland in Europe. Vodafone Ireland partnered with the Office of the Government Chief Information Officer to demonstrate how integrated terrestrial and low-Earth-orbit direct-to-device satellite broadband could sustain communications during storms, power outages, and coverage…
Investors are increasingly looking beyond crowded artificial intelligence software trades as first-half momentum shows signs of fading heading into the second half of 2026. Over the past six months, the dominant market narrative has heavily favored massive AI and compute infrastructure rallies, concentrating capital in a narrow set of mega-cap technology names. By July, those…
AST SpaceMobile (ASTS) shares rocketed higher this week, outpacing broader market gains by a wide margin as investors cheered a series of positive operational developments. The stock jumped 17.7% as of 2:30 p.m. ET on Monday, June 29, while the S&P 500 and Nasdaq Composite gained just 1.6% and 1.9%, respectively. AST SpaceMobile delivers broadband…