US Politics & Business News
KeyBanc upgraded Airbnb (ABNB) to Overweight from Sector Weight, assigning a $191 price target as analysts grow more confident in the company’s long-term trajectory. The firm told investors that Airbnb’s core growth “appears to be increasingly durable and product-led” while its hotels bookings business is emerging as a “credible second growth engine.” Daiwa upgraded Hewlett…
U.S. stock futures were mixed early Thursday as Micron Technology (MU) delivered blowout fiscal fourth-quarter results, reigniting enthusiasm around the AI and semiconductor trade. Nasdaq futures climbed 0.6% as of 4:00 a.m. ET, while S&P 500 futures were flat and Dow and Russell 2000 futures each dipped 0.4%. Micron (MU) posted record fiscal Q4 results…
RTX Corp. (NYSE: RTX) stands to benefit significantly from a sweeping defense appropriations agreement that allocates more than $6.3 billion for 13 critical munitions programs. The FY2026 defense spending package also provides conditional multiyear procurement authority for eight of those programs, giving major contractors like RTX a more stable production planning horizon. RTX has expanded…
A routine executive compensation filing at AST SpaceMobile has ignited takeover speculation, sending shares sharply higher in early Wednesday trading. The board adopted a change-of-control severance arrangement covering CEO Abel Avellan and other senior executives, triggering immediate speculation among retail investors about a potential acquisition or strategic investment. The arrangement requires both a change of…
Lockheed Martin (NYSE: LMT) has raised its dividend for 23 consecutive years, powered almost entirely by one customer: the United States government. That singular reliance on Pentagon spending has proven to be both the dividend’s greatest strength and its most significant vulnerability. Lockheed ended the second quarter of 2026 with a record backlog of $230.42…
AST SpaceMobile (ASTS) stock has shed 31% since early July, closing at $58 on October 2 after a string of setbacks rattled investor confidence. The steepest single-session decline came on July 16, when shares plunged 17% following the company’s announcement of a $1 billion convertible notes offering the previous day. Convertible notes allow holders to…
Quantum computing is rapidly moving from experimental laboratories into real commercial applications, and three companies are positioning themselves as early leaders in this emerging space. IonQ (IONQ), D-Wave Quantum (QBTS), and Rigetti Computing (RGTI) represent what some analysts see as ground-floor opportunities before quantum computing becomes a dominant Wall Street conversation. IonQ is pursuing an…
Big technology names drove the Nasdaq Composite to a weekly gain as the Dow Jones Industrial Average and Russell 2000 both closed the week lower. The Dow finished at 51,094.96, up 0.33% on Friday but down 1.42% for the week, with an RSI14 of 38.1 signaling a weakening trend. The S&P 500 ended the week…
AST SpaceMobile (ASTS) is drawing intense market attention after a recent SEC filing detailing updated executive change-of-control severance plans ignited widespread acquisition rumors. The disclosure outlined a revised change-of-control payout structure covering the company’s CEO and senior executive leadership team, triggering immediate speculation among retail traders. Retail trading platforms quickly interpreted the new severance arrangements…
SpaceX held its ground better than any rival this week, with SPCX falling just 0.4% while the broader space sector sold off sharply. RKLB declined 5%, FLY lost 6%, PL dropped 7%, ASTS shed 8%, and RDW slid 9% over the same period. Starship Flight 14 reached orbit on Monday, successfully deploying 26 Starlink V3…