US Politics & Business News
Schroders’ 2026 US Retirement Survey reveals that Americans with workplace retirement plans believe they need $1.2 million saved to retire comfortably. Despite that target, 51% of plan participants expect to have less than $500,000 saved by the time they retire, according to the survey findings. A striking 24% of respondents said they anticipate having less…
Space stocks are suffering a punishing July selloff, with Rocket Lab (RKLB), AST SpaceMobile (ASTS), and the SPCX ETF each tumbling more than 30% this month. RKLB has dropped approximately 34% in July, putting it on pace for its worst monthly performance since November 2025, a sharp reversal from a historic two-year run. ASTS has…
Quantum Computing Inc. (QUBT) entered the second quarter of 2026 with a clear mandate to transition from a technology developer into a full-scale commercial quantum manufacturing company. The shift follows the company’s strategic acquisitions of Luminar Semiconductor and NuCrypt, which repositioned QCi as a more operationally driven enterprise with tangible manufacturing ambitions. QCi closed the…
Northrop Grumman Corporation (NOC) is scheduled to release its second-quarter 2026 financial results on July 21, before the market opens. The defense giant delivered an earnings surprise of 0.99% in its last reported quarter, setting a positive tone heading into this cycle. Analysts expect the company’s second-quarter earnings to have benefited from solid demand, supported…
Capital One Securities upgraded both Palo Alto Networks (PANW) and Okta (OKTA) to Overweight from Equal Weight on Thursday, citing strong growth momentum across both companies. The investment firm raised its price target on Palo Alto Networks to $421 from $307, representing significant implied upside from recent trading levels. Capital One also lifted its price…
A record 41% of homebuilders are now cutting prices on new homes, marking the highest share ever recorded and signaling deep stress in the housing market. The data comes from the NAHB/Wells Fargo Housing Market Index, which tracks builder sentiment and pricing behavior across the country on a monthly basis. The share of builders slashing…
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…