US Politics & Business News
RTX (RTX) closed the most recent trading session at $194.91, recording a decline of 2.96% from the previous day’s closing price. That drop significantly underperformed the S&P 500, which posted a comparatively modest daily loss of just 0.28% during the same session. The Dow Jones Industrial Average fell 1.09% on the day, while the Nasdaq…
Quantum Computing Inc. (QUBT), also known as QCi, is pushing forward with a series of strategic moves aimed at expanding its manufacturing footprint and technology portfolio. The company acquired NHanced Semiconductors, Inc. for a combination of cash and QCi stock valued at $73.1 million, subject to customary adjustments. The deal also includes the potential for…
RTX’s (NYSE: RTX) Collins Aerospace has officially declared its Engineering Center of Excellence in Wolverhampton, UK, fully operational as of July 9, 2026. The facility is purpose-built to advance the development of electric thrust reverser actuation systems, branded by Collins as elecTRAS, for next-generation commercial aircraft. At the heart of the center is a modular…
Heavy short interest in both Wendy’s (WEN) and AST SpaceMobile (ASTS) has drawn attention from traders who believe the bears are badly miscalculating the upside in each stock. Short squeezes occur when heavily shorted stocks surge, forcing bearish traders to buy shares to cover their positions, which accelerates price gains further. Wendy’s (WEN) has become…
Microsoft (MSFT) has accelerated its Quantum Safe Program, targeting the transition of critical products and services to post-quantum cryptography by 2029. The move signals a rapidly emerging investment theme suggesting quantum computing’s first major commercial opportunity may lie in securing infrastructure against future quantum-enabled cyber threats. Microsoft announced the acceleration on June 30, 2026, citing…
Raytheon, a business unit of RTX (NYSE: RTX), is partnering with European defense firms to double global production of the Stinger missile amid rising international demand. The expansion involves collaboration with Diehl Defence, a German defense company, which will manufacture the guidance section, a critical component of the Stinger missile system. Diehl Defence will also…
Redwire Corporation (NYSE: RDW) has appointed two industry veterans to strategic advisory roles at its space pharmaceutical venture, Space Microgravity Development, known as SpaceMD. SpaceMD is Redwire’s dedicated venture company focused on leveraging the microgravity environment in space for pharmaceutical research and manufacturing purposes. Paul Reichert, a former Principal Investigator at Merck & Co. Inc….
D-Wave Quantum Inc (NYSE: QBTS) was last seen down 2.7%, trading at $20.50, marking its fifth consecutive losing session and its lowest price level in over a month. Despite the recent slide, a historically bullish technical signal has emerged that could point toward a meaningful near-term rebound for the quantum computing stock. According to Schaeffer’s…
RTX Corporation (RTX) has climbed onto the list of most searched stocks, drawing renewed investor attention to the aerospace and defense giant. Shares of RTX have returned 10.6% over the past month, significantly outpacing the Zacks S&P 500 composite, which gained just 1.6% over the same period. The broader Zacks Aerospace – Defense industry, of…
AST SpaceMobile, Inc. (ASTS) has delivered a striking 77.4% gain over the past year, far outpacing the broader industry’s growth of 42.2% over the same period. The company has left peers in the dust, with Aviat Networks, Inc. (AVNW) declining 13.2% and Comtech Telecommunications Corp. (CMTL) falling 22.2% during the same timeframe. A key catalyst…