US Politics & Business News
AST SpaceMobile, Inc. (NASDAQ: ASTS) is pushing deeper into the European market, welcoming a Letter of Intent signed by four major mobile network operator partners to explore a joint bid for Mobile Satellite Services spectrum. Deutsche Telekom, Orange, Telefónica, and Vodafone are the four operators involved, representing a combined subscriber base of more than 500…
Aerospace and defense giant Raytheon (NYSE: RTX) is set to report its third-quarter results Tuesday morning, drawing close attention from Wall Street investors. The company delivered a strong performance last quarter, posting revenues of $24.71 billion, representing a 14.5% increase year over year. RTX also exceeded analysts’ earnings per share estimates last quarter, while full-year…
Kelly Clarkson, the Grammy-winning artist and former American Idol champion, has quietly assembled one of the most impressive celebrity real estate portfolios in the country. The Fort Worth, Texas native rose to fame after winning the first season of American Idol, launching a career that has generated an estimated net worth of $50 million. A…
The United States is staring down a dangerous combination of surging long-term bond yields and a federal deficit that has now crossed the $2 trillion threshold. Treasury yields remain above 5%, pushing the average 30-year fixed-rate mortgage toward 7.5% and squeezing American households seeking to buy or refinance homes. Pending home sales fell 4% in…
Iran’s Foreign Minister Abbas Araghchi issued a sharp warning to the United States on Sunday, cautioning against any renewed military strikes against Tehran. Araghchi delivered the warning via social platform X, invoking the outcome of previous hostilities to challenge American resolve in the ongoing conflict. “Last time you wanted to ‘finish the job’, Iran emerged…
Maine Democratic Senate candidate Troy Jackson says he has no intention of apologizing for telling incumbent Sen. Susan Collins to “shut up” during a recent candidate debate. The incident unfolded when an anti-data center protester interrupted the debate, briefly stalling the event and prompting Collins to make a pointed accusation toward her opponent. Collins said…
Rocket Lab (NASDAQ: RKLB) shares fell to $55.25 after the company pushed its Neutron rocket’s first launch into 2027, a 6.6% decline from recent levels. The stock had dropped as much as 16% earlier in the session, extending what had already become a six-session losing streak for the company. Chief Executive Peter Beck cited voids…
SpaceX has firmly established itself as the dominant force in direct-to-cell satellite communications, with 650 dedicated DTC satellites now in orbit serving users across the globe. The company launched its first Starlink satellites capable of supporting direct cellphone-to-satellite calls in January 2024, moving quickly after rivals demonstrated the concept was viable. AST SpaceMobile (ASTS) first…
GE Aerospace (GE) is set to report third-quarter 2026 results on October 20, before the market opens, with analysts watching closely. The Zacks Consensus Estimate for quarterly earnings stands at $2.02 per share on revenues of $12.7 billion, reflecting solid analyst confidence. Third-quarter earnings estimates have climbed 1% over the past 60 days, with the…
India’s benchmark equity indexes have fallen nearly 12% since January, even as the country’s broader economy has shown resilience against trade uncertainty and geopolitical pressures. Finance Minister Nirmala Sitharaman told CNBC in an exclusive interview that excess liquidity is a key driver of market underperformance, and the problem may persist going forward. “Because of the…