US Politics & Business News
ServiceNow (NYSE: NOW) reported stronger-than-expected second-quarter results and raised its full-year outlook, sending shares higher on renewed investor confidence. The enterprise software company posted Q2 earnings of $298 million, or 29 cents a share, on total revenue of $3.99 billion, representing a 24% increase from the same period a year ago. Non-GAAP earnings came in…
Kevin Warsh, the new Federal Reserve chairman, has established a pattern of returning to three distinct phrases across his early public appearances. Across five appearances since his April nomination hearing, Warsh has used the phrase “family fight” 13 times, “first principles” 11 times, and “inflation is a choice” six times. Those appearances include his first…
Both AST SpaceMobile and Redwire are competing for investor dollars in the fast-growing space systems economy, but their financial profiles tell very different stories. The two companies share at least one thing in common: both stocks have fallen more than 50% from their recent highs, shaking the confidence of early believers. AST SpaceMobile is focused…
IonQ (IONQ) continues to pour capital into its platform buildout and broad technology roadmap, with revenue growth running well ahead of any meaningful operating leverage. The company reported an adjusted EBITDA loss of $96.8 million in the first quarter of 2026, underscoring how deeply it remains in an investment phase. With costs elevated and profitability…
GE Aerospace (GE) has delivered a 29.5% return over the past year, outpacing the S&P 500’s 20.1% gain and easily beating the broader industry’s 4.8% decline. The jet engine maker also outperformed key rivals, with RTX Corporation (RTX) returning 23.8% and L3Harris Technologies (LHX) posting a modest 3% gain over the same period. Shares closed…
Advanced Micro Devices announced a sweeping strategic partnership with Anthropic, pledging to invest up to $5 billion in the AI company upon hitting key deployment milestones. The investment marks AMD’s first-ever financial stake in an artificial intelligence company, signaling a deeper commitment to competing with Nvidia in the fast-growing AI infrastructure market. As part of…
Brent crude futures climbed above $95 a barrel Wednesday, hitting their highest level in six weeks as tensions between the United States and Iran intensified sharply. U.S. West Texas Intermediate crude also surged, reaching $88.10 a barrel before pulling back modestly during later trading sessions. Both benchmarks marked their highest levels since June 11 and…
Connecticut Innovations (CI), the state’s strategic venture capital arm, has announced a record-breaking fiscal year, generating $66.5 million in cash proceeds from a series of landmark portfolio exits. The organization reported a combined $76.1 million from all investment activities during the fiscal year ending June 30, 2026, marking its strongest performance to date. CI invested…
Aerospace and defense giant Raytheon (NYSE: RTX) is set to report its second-quarter earnings on Thursday before the market opens. Last quarter, RTX reported revenues of $22.08 billion, representing year-on-year growth of 8.7%, beating analysts’ revenue expectations. The company also beat analysts’ EPS estimates last quarter, marking a strong overall performance heading into this latest…
Real estate investment trusts have spent years in the shadow of high-flying technology and growth stocks, drawing little enthusiasm from mainstream investors. Rising interest rates punished REITs heavily in recent years, since these income-generating assets tend to move inversely to bond yields and borrowing costs. Now, with bond markets showing fresh signs of strain, at…