US Politics & Business News
Lockheed Martin shareholders sitting on strong year-to-date gains have a compelling options trade available that generates real income today regardless of where the stock moves. Lockheed Martin (LMT) shares currently trade around $603.16, roughly 10% below their 52-week high, even as the company reported an all-time high backlog of $230 billion with accelerating sales growth….
The commercial space sector is drawing intense investor attention as several companies position themselves for extraordinary long-term revenue growth over the next decade. AST SpaceMobile (ASTS) has launched 10 commercial low-Earth orbit satellites so far, targeting a rapidly expanding market in satellite-based connectivity services. Unlike SpaceX’s Starlink, which powers its own first-party satellite internet service,…
SpaceX stock fell on Tuesday, putting an end to a three-day winning streak that had briefly pushed the shares back above their IPO offer price. The pullback came as investors digested a mixed earnings report from AST SpaceMobile, a key competitor in the Direct-to-Cell space broadband market. AST SpaceMobile reported revenue of $31.5 million for…
AST SpaceMobile Inc (NASDAQ: ASTS) reported a wider-than-expected adjusted loss and revenue below analyst estimates for the second quarter ended June 30, 2026. The company posted an adjusted loss of $0.77 per share, compared with analyst estimates ranging from a loss of about $0.26 to $0.32 per share. Revenue climbed to $31.5 million from approximately…
RTX Corporation (RTX) has surged 14.1% over the past month, significantly outpacing the Zacks Aerospace-Defense industry’s growth of 8.2% in the same period. The stock also outperformed the broader Zacks Aerospace sector’s 6.6% gain and the S&P 500’s modest 2.9% return over that timeframe. Peers General Dynamics (GD) and Lockheed Martin (LMT) also posted gains,…
AST SpaceMobile (NASDAQ: ASTS) shares dropped 2.8% to $66.82 in pre-market trading after the company reported second-quarter 2026 results that disappointed Wall Street on multiple fronts. The satellite communications company disclosed the results on the evening of August 10, triggering an immediate negative reaction that extended into pre-market hours the following morning. Second-quarter revenue came…
U.S. stock futures traded in mixed territory early Tuesday as investors braced for a critical inflation report due Wednesday and geopolitical tensions around the Strait of Hormuz kept pressure on sentiment. As of 4:00 a.m. ET, Nasdaq and Russell 2000 futures rose 0.1%, Dow futures slipped 0.1%, and S&P 500 futures were flat with a…
Raytheon, a business unit of RTX (NYSE: RTX), has secured a $745 million contract from the Missile Defense Agency for the production and sustainment of Standard Missile-3 Block IIA interceptors. The contract is aimed at strengthening both U.S. and allied readiness against increasingly sophisticated ballistic missile threats across multiple regions. Barbara Borgonovi, president of Naval…
AST SpaceMobile Inc (NASDAQ: ASTS) reported second-quarter 2026 revenue of $31.5 million, more than doubling its first-quarter figure on the back of US government contract milestones and commercial gateway deliveries. The company reiterated its full-year 2026 revenue guidance of $150 million to $200 million, with revenue expected to build sequentially and be weighted toward the…
AST SpaceMobile maintained its ambitious revenue target despite second-quarter results that fell short of Wall Street expectations, sending ASTS shares sharply lower on Monday. Shares of AST SpaceMobile fell more than 4% during regular trading on Monday and extended losses by roughly 4% in after-hours trading before trimming declines to nearly 1% overnight. The company…