US Politics & Business News
Qualcomm shares tumbled sharply in after-hours trading after the chipmaker posted fiscal third-quarter results that narrowly missed Wall Street earnings expectations. Qualcomm (QCOM) fell nearly 8% after hours on Wednesday, extending a 4.42% decline during the regular session that left shares closing at $155.68. The company reported adjusted earnings per share of $2.21, just under…
SoFi Technologies (SOFI) shares fell more than 9% on Wednesday even as the fintech company reported stronger-than-expected second-quarter earnings and lifted its full-year revenue outlook. The company generated revenue of $1.22 billion for the quarter ended June 30, a 42% increase from a year earlier and well ahead of analyst expectations of $1.13 billion. Adjusted…
Ford Motor Company (F) raised its full-year earnings forecast after beating Wall Street’s second-quarter expectations, fueled by strong demand for its high-margin trucks and SUVs. The automaker posted adjusted earnings per share of 42 cents against analyst expectations of 35 cents, a notable beat that reinforced confidence in its product strategy. Automotive revenue came in…
Space stocks sold off sharply this week even as the FAA unveiled a sweeping proposal to strip away environmental red tape for rocket launches. The Federal Aviation Administration proposed waiving requirements under 13 federal environmental laws for qualifying launch and reentry licenses, a move the Department of Transportation framed as a major step toward accelerating…
D-Wave Quantum (QBTS) and Rigetti Computing (RGTI) are both preparing to report second-quarter 2026 results in early August, with investors eager for proof that the quantum computing rally reflects real commercial progress. Both companies delivered better-than-expected first-quarter results, but their growth strategies heading into Q2 remain distinctly different in approach and maturity. D-Wave built momentum…
Investors scanning the aerospace and defense sector for value opportunities are increasingly focusing their attention on two prominent names: Embraer (EMBJ) and RTX (RTX). Both stocks currently hold a Zacks Rank of #2 (Buy), reflecting positive earnings estimate revisions that signal an improving outlook for each company. While both companies earn strong marks for earnings…
Americans who continue working into their seventies may be leaving money on the table if they assume their Social Security benefit is already locked in permanently. The Social Security Administration calculates retirement benefits based on a worker’s highest 35 years of indexed earnings, meaning more recent income can still matter significantly. If your current wages…
Wall Street emerged from Wednesday’s Federal Reserve decision increasingly convinced that a rate hike is coming, likely as soon as September. The Fed held interest rates steady at the second meeting led by Chairman Kevin Warsh, but the decision carried a distinctly hawkish tone that rattled investors across asset classes. Three policymakers broke from the…
Social Security survivor benefits are among the most misunderstood programs available to Americans who have lost a spouse, and the rules differ significantly from standard retirement benefits. Many people mistakenly assume that the age-62 threshold governing retirement and spousal benefits also applies to survivor benefits, but that is not the case. Widows and widowers are…
Both AST SpaceMobile and QuantumScape represent high-risk, pre-profitability bets on transformative technologies that have yet to reach commercial scale. AST SpaceMobile (ASTS) is building a first-of-its-kind space-based cellular network through strategic partnerships with major global telecom carriers around the world. QuantumScape (QS) is pursuing the commercialization of solid-state batteries with backing from industry partners that…