US Politics & Business News
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,…
SpaceX’s growing presence in the wireless industry has rattled investors, but analysts suggest the actual competitive threat to major carriers remains distant and overstated. The core of SpaceX’s wireless strategy hinges on securing a mobile virtual network operator deal, a path that faces significant resistance from the industry’s dominant players. AT&T (T), T-Mobile (TMUS), and…
American workers are being warned to expect smaller paychecks as salary growth continues its steady retreat from pandemic-era highs. The typical worker will receive a 4.1% pay raise in 2025, a notable drop from the 4.5% increase most employees saw the prior year. Those figures come from a poll conducted by WTW, a consulting firm,…
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,…
The $40 trillion Treasury market is flashing warning signs that equity investors may be dangerously unprepared for a continued surge in long-term yields. The 30-year Treasury yield has now logged 11 consecutive sessions above 5%, its longest such stretch since May, reflecting a sustained and punishing selloff in government bonds. The 30-year yield climbed to…
A 73-year-old letter writer is wrestling with whether it is appropriate to tell their 96-year-old stepmother that they do not want to inherit her property. The stepmother owns a house in another town, the same house the letter writer grew up in, which she currently rents out to tenants. Despite her age and the value…
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….