US Politics & Business News
Salesforce (NYSE: CRM) shares climbed 1.90% intraday after J.P. Morgan initiated coverage with a bullish rating and a new price target. Analyst Samik Chatterjee assigned CRM an Overweight rating and established a December 2027 price target of $250, moving the stock from Not Rated. Chatterjee argued that concerns about AI disrupting enterprise software and intensifying…
Dell Technologies (DELL) has emerged as one of the standout performers in the market this year, leaving rivals like Micron Technology and AMD well behind in its wake. Shares of Dell have surged 242% this year, a remarkable run that has significantly outpaced the broader S&P 500’s nearly 11% return on a year-to-date basis. Over…
Reddit Inc. (RDDT) is set to join the S&P 500 following an off-cycle change announced by S&P Dow Jones Indices, sending shares of the social media platform soaring more than 10% after the bell. The index addition takes effect prior to the start of trading on August 18, marking a significant milestone for the company…
AST SpaceMobile, Inc. (ASTS) delivered a disappointing second quarter in 2026, falling short of Wall Street expectations on both revenue and earnings per share. The company posted a non-GAAP net loss of 44 cents per share, considerably wider than the Zacks Consensus Estimate of a loss of 28 cents per share. Quarterly revenues of $31.5…
Infleqtion (INFQ) delivered a strong second-quarter revenue performance, even as losses continued to widen alongside accelerating demand for its quantum technologies. The company posted revenue of $12.6 million for the quarter, surpassing analyst projections and representing a 116% jump compared to the same period a year earlier. Milestone-based payments tied to a NASA project were…
RTX Corporation (RTX) is drawing strong backing from Wall Street analysts, but investors should look beyond headline ratings before making any decisions. RTX currently carries an average brokerage recommendation of 1.80 on a scale of 1 to 5, where 1 represents a Strong Buy and 5 represents a Strong Sell. That figure is based on…
The stock market has a long and well-documented history of underperforming in September more than in any other month of the calendar year. Commonly referred to as the “September Effect,” this seasonal pattern has puzzled investors, financial analysts, and economists for decades without a single universally accepted explanation. From 1928 to 2025, the S&P 500…
The United Kingdom’s economy has been outperforming expectations through the first half of 2026, but a darkening global backdrop threatens to reverse that momentum. Official data published Thursday showed the UK economy grew by 0.4% in the second quarter, following a stronger 0.6% expansion in the first quarter. Business investment rose 1.7% during the same…
In a fresh sign that inflation pressures may be cooling, the producer price index showed no change in July, defying expectations for a 0.2% gain. The Bureau of Labor Statistics reported Thursday that the PPI, a key measure of underlying wholesale inflation, was unchanged month over month after falling 0.1% in June. The June figure…
SpaceX (NASDAQ: SPCX) surged Wednesday after founder Elon Musk made a sweeping prediction about Starlink’s long-term dominance of global internet infrastructure. SPCX stock closed up 9.65% to $146.15, driven by comments Musk made during a company town hall meeting broadcast on X. The rally comes after a difficult stretch for the stock, which barely broke…