US Politics & Business News
Shares of AST SpaceMobile (NASDAQ: ASTS) dropped sharply Thursday after the satellite communications company priced a fresh $1 billion convertible senior notes offering. The stock fell 13% to $57.63 in early trading, extending an overnight slide that began when details of the deal emerged late Wednesday. AST SpaceMobile priced $1 billion of 1.625% convertible senior…
After a more than sevenfold gain over the past three years, D-Wave Quantum (QBTS) is now under scrutiny as investors weigh whether the current price reflects too much optimism. Shares recently sat at US$18.27, a level that has drawn fresh attention following a sharp pullback that has raised questions about how much growth is already…
Raytheon parent RTX is drawing renewed investor attention after a landmark UK Ministry of Defence contract award and meaningful progress on AI-driven aerospace maintenance capabilities. In July 2026, Omnia Training announced a £2.00 billion, 15-year contract with the UK Ministry of Defence focused on the British Army’s digitally enabled collective training program. Raytheon UK is…
D-Wave Quantum (QBTS) continues to see growing interest in its Advantage2 annealing quantum computer system across both commercial and academic markets. During its May 2026 earnings call, management raised its annual outlook for system sales, now expecting to close 2 or 3 system deals per year. The company also confirmed that at least 2 system…
Capital One upgraded Palo Alto Networks (PANW) to Overweight from Equalweight, lifting its price target to $421 from $307 on Thursday. The firm believes Palo Alto will benefit from AI in data center buildouts, increasing attack surfaces, budget shifts toward cybersecurity, and securing AI deployments. Capital One also upgraded Okta (OKTA) to Overweight from Equalweight,…
AST SpaceMobile (NASDAQ: ASTS) saw its shares fall sharply in after-hours trading following the pricing of a $1 billion private convertible senior notes offering due 2034. The satellite communications company priced the notes at an interest rate of 1.625%, setting terms that attracted immediate scrutiny from investors watching for potential share dilution. The notes carry…
Kratos Defense & Security Solutions (KTOS) is shifting its strategic focus toward manufacturing infrastructure investment rather than relying solely on advanced technology development. Management believes expanding production capacity now is critical to meeting anticipated demand from future U.S. and allied defense programs across multiple segments. The company is investing across Defense Rocket Systems, Turbine Technologies,…
U.S. stock futures slipped early Thursday as escalating Middle East tensions, semiconductor weakness, and fresh economic data kept investors cautious ahead of the open. Nasdaq futures (QQQ) declined 0.5%, Russell 2000 futures fell 0.3%, S&P 500 futures (SPY) dropped 0.1%, and Dow futures were flat with a negative bias as of 4:00 a.m. ET. U.S….
Pratt & Whitney, a business unit of RTX (NYSE: RTX), has acquired Amsterdam-based Aiir Innovations to expand artificial intelligence use across its aircraft engine inspection and maintenance operations. The deal, announced on July 15, 2026, brings AI-assisted software into Pratt & Whitney’s global maintenance network, covering commercial, civil and military engine programs. Aiir Innovations has…
Shares of AST SpaceMobile (ASTS) plunged 12% overnight Wednesday after the company announced a $1 billion convertible note offering that rattled investors and sparked acquisition speculation. ASTS stock had already fallen 4% during Wednesday’s session and is down nearly 10% for the week, putting it on track for a second straight weekly decline. The company…