US Politics & Business News
The United States is on the verge of a debt milestone no nation in history has ever reached, with the national debt approaching $40 trillion. As of August 11, the Treasury Department’s official tally stood at $39,941,929,832,070.77, leaving just $58 billion remaining before the threshold is crossed. At the recent borrowing pace of roughly $6.5…
Tesla (TSLA) shares are pushing higher this week, but the options market is sending a more measured signal to investors watching the electric vehicle giant closely. Shares of Tesla climbed close to 2% in recent trading, building on an impressive 8% surge recorded the previous Monday as bullish momentum returned to the stock. The gains…
Equity markets continue pushing into record territory despite persistently elevated interest rates that many analysts expected would weigh heavily on valuations. The resilience of stocks in the face of high borrowing costs has surprised even seasoned market watchers who anticipated a more pronounced pullback driven by tighter financial conditions. Interest rates at multiyear highs typically…
AST SpaceMobile (ASTS) and Rocket Lab (RKLB) are aggressively mirroring SpaceX’s vertically integrated business model, but a prominent analyst says execution risks and stretched valuations loom large. Analyst Tim Farrar, president of TMF Associates, appeared on the Prof G Markets podcast to outline his concerns about both companies and their ambitious growth strategies. “Both Rocket…
U.S. stock futures held in a tight range early Thursday as investors pivoted their attention to fresh inflation and labor market data after July’s CPI report did little to shake Fed rate expectations. As of 4:00 a.m. ET, Nasdaq futures were flat with a negative bias, while S&P 500 and Dow futures were flat with…
GE Aerospace is posting record revenue, yet the company is simultaneously falling further behind on its orders as demand outpaces its industrial capacity. Spare parts delinquencies, which measure shipments delayed by material shortages, grew last quarter, signaling not weakness but a demand environment the company’s supply chain cannot fully satisfy. That overwhelming demand feeds directly…
Workday (WDAY) shares exploded 25% higher Thursday after Reuters reported that private equity firm Silver Lake is in talks to acquire the company. Trading in the stock was halted three times due to circuit breakers as volatility surged on the breaking news out of financial markets. Silver Lake and the human-resources and financial management software…
U.S. stocks have resumed their pattern of jumping from record high to record high after a brief pause in June and July of this year. Investors are going all in on a FOMO-driven rally, pushing Wall Street’s widely watched “fear gauge” to its lowest level since January. Demand for put options, which allow investors to…
SanDisk shares rocketed 13.7% on Thursday, pushing the stock’s four-session gain to an extraordinary 25.8% as investor enthusiasm intensifies. The memory-chip company has now surged 541% so far this year, making it one of the most dramatic stock stories in the technology sector in 2026. The rally is spreading across the memory and storage industry,…
Space stocks are trading in mixed fashion Thursday, with the sector showing a more nuanced picture than a simple broad selloff would suggest. SpaceX (NASDAQ: SPCX) is down 3.5% intraday, AST SpaceMobile (NASDAQ: ASTS) is off 3%, and Intuitive Machines (NASDAQ: LUNR) is down roughly 1.6% after opening deeply negative following its earnings release. Rocket…