US Politics & Business News
Salesforce (NYSE: CRM) reported first-quarter fiscal 2027 non-GAAP earnings per share of $3.88, up 50 percent year on year and well ahead of the analyst consensus of $3.13, alongside revenue of $11.1 billion, up 13 percent, as the company posted what it described as record first-quarter financial results after Wednesday’s close. The headline beats were…
The One Big Beautiful Bill Act, President Donald Trump’s sweeping tax and spending legislation, cleared Congress earlier this year after one of the most tense legislative sessions in recent memory, passing the Senate on a 51-50 vote only after Vice President JD Vance cast the tie-breaking ballot to force it over the line. The three…
Lockheed Martin (NYSE: LMT) broke ground on a new Munitions Production Center in Troy, Alabama on May 21, adding 87,000 square feet of production space to support Terminal High Altitude Area Defense interceptors and work on the Next Generation Interceptor programme. The facility represents one element of a broader plan by Lockheed Martin (NYSE: LMT)…
Salesforce (NYSE: CRM) reports first-quarter fiscal 2027 earnings after Wednesday’s close with the stock sitting approximately 38 percent below its January levels, making this one of the more consequential software prints of the summer for investor sentiment across the entire enterprise AI sector. Analysts are forecasting earnings per share of $3.13 and revenue of roughly…
Beijing has issued a stern warning to Washington over its arms sales to Taiwan, with the Chinese Embassy in the United States urging the Trump administration to exercise restraint as a multibillion-dollar weapons package remains under consideration. Chinese Embassy spokesperson Liu Pengyu told Congress.net that Beijing’s position on the matter leaves no room for ambiguity….
A new Congress.net poll of 1,142 registered Republican voters shows President Donald Trump retaining majority support within his own party, with 57 percent expressing approval of his performance, even as soaring oil prices and the resulting inflation crisis emerge as the defining anxiety across the Republican base. The survey, conducted this week, puts Trump’s standing…
BWX Technologies (NYSE: BWXT), the mid-cap nuclear technology and government services firm, has attracted renewed analyst attention following a combination of strong first quarter 2026 results, over $1.4 billion in freshly awarded naval contracts, and a Deutsche Bank upgrade that lifted the bank’s price target to $255 from $203 while moving the stock from Hold…
The diplomatic impasse between the United States and Iran over nuclear enrichment shows partial signs of movement, with Pakistan serving as the central mediating channel between the two sides and Qatar’s prime minister adding public support for the mediation framework that has kept both countries at the table despite persistent mutual distrust. Iran’s foreign minister…
US markets opened cautiously on Monday as investors absorbed the implications of Moody’s stripping the United States of its top-tier triple-A credit rating for the first time in the agency’s history. The downgrade, announced on Friday, lowered the country’s rating by one notch to Aa1, bringing Moody’s into line with S&P Global, which cut its…
Ford Motor Company (NYSE: F) received a price target increase from RBC Capital, which raised its target from $11 to $13 while maintaining a Sector Perform rating, as the automaker navigates a complex period that combines tariff-driven cost pressures with an active model refresh cycle across its core truck and commercial vehicle lineup. The stock…