US Politics & Business News
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…
The quantum computing industry continued its march toward commercialization in the second quarter of 2026, with enterprise adoption, government support and capital availability all strengthening across the sector. McKinsey’s April 2026 Quantum Technology Monitor identified accelerating commercialization trends, with more than 300 organizations worldwide now actively engaging with quantum computing technology. The McKinsey report also…
RTX Corporation (RTX) has delivered a staggering 190.9% total return over the past five years, nearly tripling in value and drawing intense scrutiny over whether further upside remains. Despite that remarkable run, current valuation analysis suggests the stock is trading at only a modest discount to its estimated intrinsic value, leaving little room for a…
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…