US Politics & Business News
Raytheon, a subsidiary of RTX (NYSE: RTX), has secured a contract from the US Office of Naval Research to develop advanced radar detection software for naval surveillance and defense systems. Under the agreement, Raytheon’s Advanced Technology division will develop and evaluate new signal-processing and data-processing algorithms designed to extend radar detection ranges and improve sensitivity….
In 2026, the commercial space sector continues attracting investor attention, with AST SpaceMobile (ASTS) and Firefly Aerospace (FLY) emerging as two of its most compelling — and volatile — plays. AST SpaceMobile trades at $51.46 with a market cap of $15 billion and a 52-week range of $47.57 to $133.86, reflecting significant price volatility over…
D-Wave Quantum (QBTS) reported second-quarter 2026 revenue of $3.1 million, a figure essentially unchanged from the same period a year earlier. That stagnation is striking given the company carries a $5.4 billion valuation, a price that clearly anticipates rapid and sustained growth ahead. Beneath the flat headline number, however, cloud subscriptions and professional services both…
Raytheon, a business unit of RTX (NYSE: RTX), has successfully completed three developmental tests of its new Coyote Block 2C+RM interceptor upgrades, marking a major milestone in counter-drone technology. The program advanced from concept to testing in just 15 months, reflecting an accelerated push to meet urgent U.S. military requirements against evolving drone threats on…
AST SpaceMobile (ASTS) closed at $50.97 on October 9, marking a 62% decline from its May 28 peak as investor sentiment soured sharply. Deutsche Bank analyst Bryan Kraft upgraded ASTS from Hold to Buy on October 12, maintaining his $93 price target representing 82% upside from that close. Kraft had previously turned cautious on the…
IonQ (NYSE: IONQ) shares fell sharply to $36.19, sinking 9% in morning trading after the quantum computing firm unveiled a major all-stock cybersecurity acquisition. The deal, which values privately held Zero Trust enterprise security company Elisity at up to $1.3 billion, will be paid entirely in IonQ stock, triggering immediate dilution concerns among existing shareholders….
Last week’s market action showed a clear divide between large-cap strength and small-cap weakness, with major indexes hovering near historic highs. The S&P 500 gained 1.15% on the week to close at 7,811.54, stopping just short of its 52-week high of 7,844.52, while the Nasdaq Composite added 0.64% to finish at 27,366.17. The Russell 2000…
U.S. stock futures climbed early Monday as investors prepared for the official start of the third-quarter earnings season across Wall Street. As of 4:00 a.m. ET, Nasdaq, S&P 500, Dow, and Russell 2000 futures each gained 0.2% ahead of a busy week of corporate and economic catalysts. The modest premarket gains followed a strong week…
Friday’s analyst activity delivered sweeping rating changes across aerospace, industrials, healthcare, and technology, signaling shifting sentiment among major Wall Street firms. Baird upgraded Humana (HUM) to Outperform from Neutral, raising its price target to $596 from $390, citing greater confidence in the company’s $35-plus of 2028 adjusted earnings per share power. Oppenheimer upgraded Fastly (FSLY)…
AST SpaceMobile (ASTS) is facing a more competitive landscape after the FCC cleared SpaceX to launch a direct-to-phone satellite service using low-Earth orbit technology. The FCC authorization allows SpaceX to connect ordinary smartphones directly from space without relying on terrestrial cell towers or traditional mobile carrier networks. That regulatory clearance raises immediate and pointed questions…