US Politics & Business News
AST SpaceMobile, Inc. (ASTS) closed the most recent trading session at $56.55, registering a decline of 2.99% from the prior session’s closing price. The move contrasted sharply with the S&P 500, which posted a daily gain of 0.21% during the same period. The Dow Jones Industrial Average advanced 1.03% on the day, while the tech-heavy…
Semiconductor stocks and artificial intelligence names came under heavy pressure Monday following a dramatic trading debut by Chinese memory chip maker ChangXin Memory Technologies, known as CXMT. The major indexes slid as a chip stock selloff rippled across Wall Street, catching investors off guard with the scale and speed of the market reaction. Reports that…
Zacks Research Daily has released its latest analyst reports, spotlighting 16 major stocks including Alphabet Inc. (GOOGL), Advanced Micro Devices, Inc. (AMD), and RTX Corp. (RTX). Alphabet shares have outperformed the Zacks Internet – Services industry over the past year, gaining 67.3% compared to the industry’s 58.6% return. The company’s AI-led product cycle continues to…
Ford Motor (F) has matched rival General Motors by lifting its full-year earnings guidance, sending shares surging nearly 7% in after-hours trading Wednesday. The Detroit automaker reported second-quarter adjusted earnings per share of $0.42, topping Wall Street’s consensus estimate of $0.36, according to Bloomberg data. Ford posted Q2 automotive revenue of $44.89 billion, compared to…
Seagate Technology Holdings (STX) delivered a powerful quarterly earnings report, with revenue and profit both surpassing Wall Street estimates by a significant margin. Fourth-quarter revenue climbed 48.5% to $3.63 billion, comfortably ahead of the analyst consensus estimate of $3.49 billion for the period. The Singapore-based company posted quarterly earnings of $5.71 per share, beating the…
Three major space sector stocks have collapsed dramatically from their highs, raising serious concerns among investors tracking the industry’s volatile momentum. Planet Labs (PL), Rocket Lab (RKLB), and AST SpaceMobile (ASTS) have all followed a strikingly similar trajectory, surging earlier before reversing course with painful speed. Each of these three companies reached a notable peak…
The AI infrastructure trade faced significant pressure in July as investors questioned whether hyperscalers can maintain high capital spending while delivering attractive returns. Those concerns deepened after Alphabet (GOOGL) raised its 2026 capital expenditure guidance to $195-$205 billion, up from a prior range of $180-$190 billion. Reports that NVIDIA (NVDA) is considering financing guarantees for…
RTX Corporation (NYSE: RTX) lifted its full-year 2026 sales and profit guidance, citing sustained demand for commercial aircraft maintenance and military weapons systems across global markets. The aerospace and defense giant now projects adjusted sales between $95 billion and $96 billion, up sharply from its prior estimate of $92.5 billion to $93.5 billion, beating Wall…
The U.S. Department of Agriculture has announced it will allow cattle imports from Mexico to resume beginning in late August, marking a significant shift in trade policy. The decision comes despite ongoing concerns about the threat posed by the New World screwworm, a parasitic pest that had prompted the initial suspension of imports. The New…
D-Wave Quantum Inc. (NASDAQ: QBTS) shares slipped in Tuesday premarket trading as investors locked in gains following Monday’s nearly 20% rally. The retreat came after D-Wave announced an agreement with AT&T Inc. (NYSE: T) to expand quantum computing across AT&T’s network operations. That deal served as a powerful commercial endorsement for D-Wave, signaling growing enterprise…