US Politics & Business News
A new generation of futuristic, high-flying tech stocks has been cut down roughly 60% from peak levels, raising questions about where genuine opportunity begins. Investor Shay Boloor captured the moment in a recent post on X, writing “THE FUTURE IS ON SALE RIGHT NOW” while highlighting steep losses across multiple high-growth sectors. The stocks in…
RTX (NYSE: RTX) delivered strong second-quarter 2026 results, demonstrating solid performance across its commercial aerospace and defense business segments. The defense and aerospace giant reported record backlog levels, reflecting substantial contracted work across its key operating divisions heading into the second half of the year. RTX raised its full-year 2026 guidance following the quarterly results,…
AST SpaceMobile (ASTS) completed a $1 billion private offering of 1.625% convertible senior notes due 2034, triggering an immediate and significant pullback in the company’s share price. The stock fell 5.04% following the announcement, adding to an already difficult stretch of trading that has weighed on investor sentiment in recent weeks. ASTS shares have declined…
Lockheed Martin (LMT) has reached a significant milestone, with its order backlog hitting a new all-time high of $230 billion in signed and committed future work. That figure represents nearly three years of revenue already locked in, offering a degree of forward visibility that most companies can only dream about. Despite that extraordinary demand signal,…
AST SpaceMobile (ASTS) is enduring a punishing month, with shares down 33% and on track for their worst monthly performance in over two years. Despite the steep selloff, recent commentary from T-Mobile and Nokia has offered satellite bulls fresh reasons to hold their conviction in the company’s long-term story. T-Mobile CEO Srini Gopalan addressed direct-to-cell…
After a powerful second quarter rally, quantum computing stocks have faced sharp selling pressure throughout July as investors lock in gains. Pure-play names including Rigetti Computing (RGTI), Quantum Computing Inc. (QUBT), D-Wave Quantum (QBTS), and IonQ (IONQ) have all pulled back significantly in recent weeks. Zacks’ short-term price targets continue to imply triple-digit upside for…
Boeing (NYSE: BA) enters its July 28 second-quarter earnings report carrying a record $695 billion backlog, a figure that dwarfs its current market capitalization of $164.48 billion by more than four times. First-quarter revenue grew 14% year over year to $22.217 billion, signaling that the company’s long-anticipated turnaround is beginning to produce measurable financial results….
SpaceX (NASDAQ: SPCX) stock is sinking 5% to $112.59, leaving the rocket maker 17% below its $135 June IPO price as markets brace for a pivotal evening launch. The selloff arrives just hours before Starship attempts its 13th test flight, a launch that could determine whether SpaceX’s costly pivot away from Falcon 9 ultimately pays…
D-Wave Quantum (QBTS) expects second-quarter 2026 revenues to come in modestly above first-quarter levels, with the bulk of annual revenues likely landing in the second half of the year. The timing pattern stems from how the company recognizes revenue on systems transactions, its remaining performance obligations, and the shape of its broader sales pipeline. System…
SpaceX (SPCX) has fallen more than 50% from its all-time intraday high, joining a broader space stock sell-off that was already in motion before its June 12 market debut. The Procure Space ETF (UFO) peaked in late May, roughly two weeks before SpaceX reached the public market, signaling the sector had already begun to roll…