US Politics & Business News
The Department of Defense has selected Lockheed Martin and Northrop Grumman to help accelerate production of key missile defense systems across the country. The Pentagon’s decision reflects growing urgency to replenish weapon stockpiles that have been drawn down significantly amid ongoing global security commitments and military aid programs. Lockheed Martin (LMT), one of the world’s…
AST SpaceMobile (ASTS) is scheduled to report its second-quarter 2026 earnings on August 10, after market close, with investors watching closely. The Zacks Consensus Estimate for revenues stands at $34.13 million, with an expected loss of 28 cents per share for the quarter. Over the past 60 days, the earnings estimate for ASTS for fiscal…
Retail traders are piling into AST SpaceMobile stock after SpaceX outlined plans to compete directly with major U.S. wireless carriers through a “true mobile service.” ASTS stock has risen for four consecutive sessions, marking its longest winning streak since May, as sentiment on trading platforms shifts decisively bullish. SpaceX President and COO Gwynne Shotwell confirmed…
Boeing (BA) surged 8.0% on Monday while defense peers RTX, LMT, and NOC posted gains of just 0.6% to 1.1%, signaling that company-specific news drove the move rather than broader sector sentiment. Two distinct catalysts separated Boeing’s session from its aerospace peers, neither of which had anything to do with macroeconomic tailwinds or defense spending…
SpaceX remains the dominant force in the global space industry, widely credited with pioneering the reusable rocket technology that defines the modern space business. The company’s breakthrough in reusable launch vehicles effectively created the commercial space market as it exists today, setting the standard every competitor now chases. SpaceX shares were up 9.1% at $124.99…
Two very different companies are drawing investor attention as the debate between high-growth technology and steady commodity production intensifies in 2026. AST SpaceMobile (ASTS) is constructing a global satellite network designed to deliver cellular broadband directly to standard smartphones without specialized equipment. First Majestic Silver (AG), by contrast, is a profitable mining company focused on…
Despite a rocky six months, Lockheed Martin (NYSE: LMT) closed its most recent session at $586.29, even as the average Wall Street price target sits at $628.21. That consensus target implies roughly 7% upside from current levels, but Seaport Global analyst Richard Safran believes the stock is worth considerably more. Safran lifted his price target…
Shares of AST SpaceMobile (ASTS) climbed to their highest level in nearly three weeks on Monday, rising 8% to $63.52 and marking a third consecutive session of gains. The rally was fueled by a Meta Platforms executive publicly outlining a vision for delivering WhatsApp through AST SpaceMobile’s satellite network to users around the world. Vinod…
D-Wave Quantum shares climbed after the company announced a new deal with Nasdaq Verafin aimed at improving financial crime detection capabilities. The partnership pairs D-Wave’s quantum computing technology with Verafin’s established financial crime management platform, which operates under the Nasdaq (NDAQ) umbrella. Financial crime detection has become an increasingly urgent priority for banks and financial…
Tech stocks climbed higher during late Monday afternoon trading, with several major names posting significant gains across the sector. Microsoft (MSFT) was among the standout performers, rising 4.93% as investors pushed the software giant’s shares sharply higher during the session. Quantum computing firm D-Wave Quantum (QBTS) led the broader tech rally with an impressive 10.51%…