US Politics & Business News
D-Wave Quantum Inc. (QBTS) reported its second-quarter 2026 earnings on August 6, delivering a mixed set of results that highlighted the gap between demand signals and recognized revenue. Quarterly revenue came in at $3.1 million, essentially flat compared to the same period a year earlier, underscoring the company’s ongoing challenge converting bookings into top-line growth….
Raytheon, an RTX Corporation (NYSE: RTX) business, completed installation of the first SPY-6(V)4 radar array at a Navy test site on Wallops Island, Virginia, on August 3. The milestone launches a testing phase that will ultimately determine how quickly the Navy can modernize a fleet of aging destroyers currently in service. The completion arrives at…
SpaceX is opening a major trading window Thursday, with up to 911.5 million shares held by insiders and early investors becoming available to trade. The unlock represents one of the most significant liquidity events in recent memory for a private aerospace and technology company of SpaceX’s scale and profile. Insider and early investor share unlocks…
GE Aerospace’s (GE) Commercial Engines and Services segment is currently the most powerful growth engine within the company’s overall business portfolio. In the second quarter of 2026, revenues from the Commercial Engines and Services segment climbed 27% year over year to reach $9.73 billion. Services growth of 26% drove much of that gain, with internal…
AST SpaceMobile, Inc. (ASTS) closed at $68.38 in the latest trading session, representing a decline of 2.74% from the previous day’s closing price. The move significantly underperformed the S&P 500, which posted a comparatively modest daily loss of just 0.17% during the same session. The Dow Jones Industrial Average managed to buck the downward trend,…
IonQ (IONQ) is set to report its second-quarter 2026 results after market close tomorrow, with investors weighing strong execution against stretched valuations. The company’s stock surged 91.7% during the April-June quarter, driven by strong first-quarter results and raised full-year revenue guidance. IonQ also completed the acquisition of SkyWater Technology to vertically integrate quantum chip manufacturing,…
Kratos Defense & Security Solutions (KTOS) reported second-quarter 2026 adjusted earnings of 21 cents per share, blowing past the Zacks Consensus Estimate of 13 cents by 61.5%. That bottom-line result marked a 90.9% jump from the year-ago quarter’s adjusted earnings of 11 cents per share, signaling strong operational momentum. GAAP earnings came in at 2…
AST SpaceMobile (ASTS) and Vertiv Holdings (VRT) represent two very different bets for growth-oriented investors weighing their options in 2026. AST SpaceMobile trades at roughly 225 times its trailing 12-month revenue, a premium valuation that reflects the market’s high expectations for the satellite connectivity company. Vertiv, by contrast, trades at approximately 9 times revenue, a…
After a brutal July rout, publicly traded space stocks are staging a powerful comeback, driven by satellite launches, defense contracts, earnings beats, and fresh lunar milestones. Voyager Technologies (VOYG) led all gainers with a 54% weekly return, followed by Redwire (RDW) at 38%, AST SpaceMobile (ASTS) at 29%, and Rocket Lab (RKLB) at 28%. Firefly…
Raytheon, a division of RTX (NYSE: RTX), has delivered and installed the first SPY-6(V)4 radar array at Wallops Island, marking a significant program milestone. The radar system is a core component of the U.S. Navy’s Flight IIA Destroyer modernization and backfit program, a long-term defense initiative. Extensive testing of the newly installed SPY-6(V)4 system is…