US Politics & Business News
On August 14, the Pentagon announced framework agreements with Boeing (NYSE: BA) and RTX Corporation (NYSE: RTX) to increase component production for SM-3 Block IIA and SM-3 Block IB interceptors. Both interceptor types serve as the foundation for the Aegis Ballistic Missile Defense System, the sea-based shield used by the US Navy to intercept incoming…
RTX posted second-quarter 2026 sales of $24.71 billion, marking a 14.5% year-over-year increase driven by 16% organic growth across its business segments. The company’s total backlog climbed to a record $289 billion, comprising $170 billion in commercial orders and $119 billion in defense orders, representing a 22% increase year over year. CEO Chris Calio described…
AST SpaceMobile, Inc. (ASTS) closed at $58.75 in the most recent trading session, representing a decline of 2.09% from the previous day’s close. The move lagged behind the broader market, where the S&P 500 posted a comparatively modest loss of 0.45% on the same day. The Dow Jones Industrial Average fell 0.63% during the session,…
Rigetti Computing (RGTI) trades near $15, sitting roughly 73% below the high it set within the past twelve months of trading. That decline happened without any broader market shock, as the S&P 500 returned 17% over the same period while Rigetti lost 8.5%. The divergence signals that RGTI’s price functions less as a valuation of…
RTX (NYSE: RTX) has named Jill Albertelli as the next president of Pratt & Whitney, with her tenure set to begin on January 1, 2027. Albertelli will report directly to RTX Chairman and Chief Executive Officer Chris Calio, succeeding current president Shane Eddy, who has decided to retire. Calio praised the incoming executive as a…
Aviat Networks, Inc. (AVNW) has declined 15.9% over the past year, a stark contrast to the broader industry’s growth of 24.7% over the same period. The underperformance becomes even more pronounced when compared against sector peers, with AST SpaceMobile (ASTS) soaring 48.4% and Ericsson (ERIC) gaining 26.3% over the same timeframe. Aviat generated fiscal 2026…
D-Wave Quantum Inc. (NASDAQ: QBTS) will appear as a platinum sponsor at Quantum World Congress 2026, running September 23-25 in College Park, Maryland. The company positions itself as the only quantum computing firm offering both annealing and gate-model systems, software, and services under a single commercial umbrella. D-Wave plans to demonstrate that the quantum era…
The Senate’s procedural vote on the Digital Asset Market Clarity Act is scheduled for September 15 and needs 60 votes to advance. It arrives while Nasdaq and the New York Stock Exchange move toward near-continuous trading, and while tokenized US equities are already pricing in a median 92% of the following Monday’s gap in the…
Viasat, Inc. (VSAT) is making a significant strategic move by forming Equatys, a global Direct-to-Device satellite infrastructure venture with UAE-based Space42. Equatys is designed to function as an independent, neutral and multi-participant satellite infrastructure platform for D2D and advanced mobile satellite services. The network plans to use 3GPP-compliant non-terrestrial network technology, enabling ordinary smartphones and…
AST SpaceMobile (ASTS) has seen its share price climb sharply over the past three years, putting its current market value under serious scrutiny from investors. The central question for anyone evaluating ASTS today is whether the company’s balance sheet and book value can reasonably support its current price around US$60 per share. AST SpaceMobile operates…