US Politics & Business News
Netflix shares tumbled as much as 9% in after-hours trading Thursday after the company posted mixed second-quarter earnings and announced plans to reduce viewership disclosures. The streaming giant reported Q2 revenue of $12.56 billion, up 13.4% year over year, falling just short of analyst expectations of $12.59 billion, according to LSEG Data & Analytics. Net…
Shares of AST SpaceMobile (NASDAQ: ASTS) dropped sharply Thursday after the satellite communications company priced a fresh $1 billion convertible senior notes offering. The stock fell 13% to $57.63 in early trading, extending an overnight slide that began when details of the deal emerged late Wednesday. AST SpaceMobile priced $1 billion of 1.625% convertible senior…
After a more than sevenfold gain over the past three years, D-Wave Quantum (QBTS) is now under scrutiny as investors weigh whether the current price reflects too much optimism. Shares recently sat at US$18.27, a level that has drawn fresh attention following a sharp pullback that has raised questions about how much growth is already…
Raytheon parent RTX is drawing renewed investor attention after a landmark UK Ministry of Defence contract award and meaningful progress on AI-driven aerospace maintenance capabilities. In July 2026, Omnia Training announced a £2.00 billion, 15-year contract with the UK Ministry of Defence focused on the British Army’s digitally enabled collective training program. Raytheon UK is…
Nearly four in ten retirees have deliberately spent less than they wanted to in retirement, just to keep their savings balance from shrinking, according to new research. A Greenwald Research survey of 2,210 adults between the ages of 45 and 79, each with at least $100,000 saved, found that only 28% were comfortable watching their…
Canadian wildfire smoke is blanketing major American cities, pushing Chicago, Detroit, and New York City among the most polluted locations on the planet today. Air quality alerts are currently in effect across at least 17 states, stretching from Minnesota to New Hampshire and south through Virginia, as dangerous smoke continues moving into the U.S. More…
Micron Technology (MU) has emerged as one of the most consequential stocks on Wall Street, drawing intense scrutiny from investors and analysts alike. Over the past 12 months, Micron shares have surged approximately 680%, dramatically outpacing every major U.S. index and all of the so-called Magnificent Seven stocks. That extraordinary run culminated on May 26,…
D-Wave Quantum (QBTS) continues to see growing interest in its Advantage2 annealing quantum computer system across both commercial and academic markets. During its May 2026 earnings call, management raised its annual outlook for system sales, now expecting to close 2 or 3 system deals per year. The company also confirmed that at least 2 system…
AST SpaceMobile (ASTS) shares plunged nearly 13% in after-hours trading after the company disclosed plans to raise significant new capital through convertible senior notes. The satellite communications company priced $1 billion of 1.625% convertible senior notes due 2034 in a private 144A offering set to settle around July 20. The initial conversion price was set…
Morgan Stanley has reaffirmed its confidence in Lloyds Banking Group PLC (NYSE: LYG), reiterating an overweight rating on the stock as of June 30. The investment bank also raised its price target on LYG to 135 GBp from 125 GBp, signaling continued optimism about the company’s financial trajectory. The upgraded price target reflects the bank’s…