US Politics & Business News
The bitter legal dispute between Brad Pitt and Angelina Jolie over their French winery, Château Miraval, continues to drag through the courts with no resolution in sight. The former couple has been locked in litigation since 2022 over the $164 million wine business they once co-owned in the south of France. Pitt and Jolie married…
Comcast has announced plans to acquire ITV’s Media and Entertainment business through its UK pay-TV subsidiary Sky, valued at up to £1.6 billion, or roughly $2.14 billion. The deal comes just one week after Comcast revealed its plan to spin off NBCUniversal into a separate publicly traded company, and sources say the timing of both…
Shares of AST SpaceMobile (ASTS) gained 1% in overnight trading Sunday following a landmark satellite emergency communications test conducted by Vodafone Ireland in Europe. Vodafone Ireland partnered with the Office of the Government Chief Information Officer to demonstrate how integrated terrestrial and low-Earth-orbit direct-to-device satellite broadband could sustain communications during storms, power outages, and coverage…
OPEC+ has agreed to raise production targets for August, adding further supply to a global oil market already struggling under falling crude prices. The group approved an increase of 188,000 barrels per day for August during an online meeting, following similar increases already implemented for June and July. Seven core members of the alliance have…
Investors are increasingly looking beyond crowded artificial intelligence software trades as first-half momentum shows signs of fading heading into the second half of 2026. Over the past six months, the dominant market narrative has heavily favored massive AI and compute infrastructure rallies, concentrating capital in a narrow set of mega-cap technology names. By July, those…
AST SpaceMobile (ASTS) shares rocketed higher this week, outpacing broader market gains by a wide margin as investors cheered a series of positive operational developments. The stock jumped 17.7% as of 2:30 p.m. ET on Monday, June 29, while the S&P 500 and Nasdaq Composite gained just 1.6% and 1.9%, respectively. AST SpaceMobile delivers broadband…
AST SpaceMobile (NASDAQ: ASTS) has claimed the top spot on a widely watched list of nine potential breakout AI stocks with similarities to SanDisk’s historic run. The stock, which carries 39 hedge fund investors, is drawing growing attention from both retail traders and institutional players looking for the next major breakout opportunity. Investors on Reddit…
AST SpaceMobile (ASTS) shares tumbled 21.6% in June, according to data from S&P Global Market Intelligence, marking a sharp reversal for the once high-flying satellite internet company. The decline stems from two major developments that have shaken investor confidence in the company’s ability to maintain its early lead in direct-to-device satellite internet. AST SpaceMobile delayed…
Rocket Lab (NASDAQ: RKLB) shareholders who bought shares two years ago are sitting on one of the most dramatic re-ratings the market has seen in recent memory. The stock traded at $4.54 on July 1, 2024, and closed at $101.65 on June 30, 2026, representing a staggering 2,138% two-year run that has drawn intense retail…
Northrop Grumman (NOC) is aggressively strengthening its foothold in the global missile market through advanced precision-strike technologies and missile defense solutions. The company serves both the U.S. military and allied nations with a broad portfolio designed to counter increasingly sophisticated battlefield threats. NOC’s missile capabilities span tactical missiles, missile defense technologies, next-generation munitions, advanced sensors,…