Tech & AI News

AST SpaceMobile (ASTS) shares jumped more than 11% after Berenberg initiated coverage of the stock with a Buy rating on Wednesday. The move is part of a broader push by the broker to highlight investment opportunities across the space sector following a period of volatility. Berenberg launched coverage of four space stocks simultaneously, all receiving…

U.S. stock indices finished Wednesday on a positive note after oil prices halted their advance, giving investors reason to reassess inflation risks and rate hike prospects. The S&P 500 (SPY) closed 0.5% higher, the Nasdaq 100 (QQQ) added 0.2%, and the Dow Jones Industrial Average (DIA) gained 0.6% on the session. Dell Technologies (DELL) led…

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…

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…

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…

RTX Corporation has firmly established itself among the elite tier of mega-cap stocks, with a market capitalization exceeding $200 billion across the aerospace and defense industry. The company’s diversified portfolio allows it to leverage growth across multiple sectors while continuing to invest heavily in research and development initiatives. RTX’s brand equity and scale in aerospace…

AST SpaceMobile (ASTS) shares slid 6% on Tuesday, closing at $55.80, their lowest level in more than a month amid broader market pressure. Despite the sell-off, a newly disclosed insider purchase signaled a potential vote of confidence from within the company’s own boardroom. Director Adriana Cisneros disclosed open-market purchases totaling 10,822 shares worth approximately $619,200,…