US Politics & Business News
Globalstar (GSAT) stood apart from a devastating July selloff in space stocks, rising nearly 3% while most sector peers shed more than a third of their value. AST SpaceMobile (ASTS) fell 34% during the month, while Rocket Lab (RKLB) dropped 36% and SpaceX slid 37% as investor enthusiasm rapidly faded. Planet Labs and Spire Global…
AST SpaceMobile (ASTS) shares climbed 2% overnight Sunday after a regulatory filing indicated that direct-to-cell satellite operations in Japan could begin imminently. The filing, submitted to the Federal Communications Commission last week, confirmed that AST SpaceMobile would launch non-U.S. direct-to-cell operations with its mobile network operator partners in the near term. Japan is the first…
Quantum computing is rapidly moving from experimental concept to commercial reality, drawing serious attention from Wall Street analysts tracking the sector’s growth. Benchmark analyst Gary Mobley, who ranks among the top 4% of Wall Street analysts, has laid out a bullish case for three publicly traded quantum computing companies. Grand View Research projects the quantum…
The final week of July 2026 proved to be one of the most closely watched stretches of the year for investors tracking major market developments. Earnings from the Magnificent Seven tech giants commanded the most attention, with results from several of the group’s heavyweights landing in quick succession throughout the week. Microsoft (MSFT) reported its…
The industrial sector has been among Wall Street’s strongest performers in 2026, with the State Street Industrial Select Sector SPDR ETF (XLI) gaining 14.5% year to date as of July 29. Investors have increasingly favored industrial companies as demand for infrastructure development, defense equipment, aerospace, electrical systems and factory automation stayed resilient despite an uncertain…
GE Aerospace (GE) gained 6.7% over the past five trading days while the S&P 500 slipped 1.1%, a stark divergence that caught the attention of investors watching a broadly weakening market. The outperformance overlapped with the Farnborough Airshow, where the company announced the world’s first high-altitude flight assisted by hybrid-electric propulsion, though one announcement cannot…
L3Harris Technologies (LHX) delivered a strong second-quarter 2026 performance, with earnings and revenues surpassing analyst expectations across the board. The defense contractor reported second-quarter 2026 earnings from continuing operations of $3.13 per share, beating the Zacks Consensus Estimate of $2.80 by 11.8%. That figure also represented a 12.6% improvement over the year-ago quarter’s earnings of…
SpaceX (NASDAQ: SPCX) has shed 36% of its value over the past month, leaving investors who bought near the post-IPO peak nursing significant losses. The selloff has prompted many investors to ask whether rotating into rival space names might offer a more stable alternative going forward. The short answer, according to available data, is not…
RTX Corporation (RTX) surged 7.3% on July 23 following its second-quarter 2026 earnings release, even as the S&P 500 declined 1.2% on the same day. That single-day outperformance marked one of the sharpest divergences for a company of RTX’s scale in recent memory, drawing immediate attention from Wall Street analysts. Morgan Stanley responded swiftly, raising…
AST SpaceMobile Inc. (ASTS) shares climbed approximately 1.7% on Friday afternoon after the company provided a fresh update on its BlueBird satellite program. The stock initially jumped around 4% in early Friday trading before pulling back from those highs as the session progressed. AST SpaceMobile confirmed that BlueBird satellites 11, 12 and 13 are “stacked…