US Politics & Business News
AST SpaceMobile (ASTS) shares slipped more than 1% overnight on Monday despite the company announcing that its BlueBird 11 satellite is en route to Cape Canaveral for an August launch. The overnight dip followed a 5% drop during Monday’s regular session, as ASTS joined a broader pullback across space stocks after the sector gave back…
AST SpaceMobile, Inc. (ASTS) closed the most recent trading session at $80.64, a decline of 5.27% from the prior day’s closing price. The drop stood in stark contrast to broader market performance, with the S&P 500 posting a daily gain of 0.72% on the same day. The Dow Jones Industrial Average also moved higher, rising…
The U.S. Army has selected REalloys (NASDAQ: ALOY) to build and operate the first commercial critical mineral processing facility ever established on a U.S. military installation. REalloys plans to construct a heavy rare earth processing complex at the Tooele Army Depot in Utah, targeting the refinement of dysprosium and terbium for use in defense-grade permanent…
President Donald Trump reversed course on Walmart Monday, calling the retail giant patriotic after it agreed to lower prices on hundreds of products. Trump posted on Truth Social that Walmart would be cutting prices “by a lot” at his administration’s request to celebrate the nation’s 250th anniversary. “I have just been informed that one of…
SpaceX is set to join the Nasdaq-100 before markets open on July 7, bringing with it one of the most volatile profiles of any publicly traded stock. The Nasdaq exchange announced on June 26 that SpaceX would be added to the index, marking a significant moment for the tech-heavy benchmark. SpaceX carries an implied volatility…
The artificial intelligence boom has generated staggering wealth for a small number of technology companies, but ordinary Americans are seeing none of the financial returns. The core argument gaining traction in policy circles is that everyday people effectively subsidized the AI revolution through their personal data, browsing habits, and digital behavior accumulated over decades. Big…
Shares of leading space stocks are pulling back sharply on Monday, with the sector’s top performers giving up a significant portion of last week’s outsized gains. Rocket Lab (NASDAQ: RKLB) is leading the decline, falling 7% to $93.28 as traders move to lock in profits after a blistering stretch of momentum-driven buying. AST SpaceMobile (NASDAQ:…
Quantum computing stocks remain speculative, pre-profit instruments sitting well outside core-portfolio territory, with extreme price-to-sales multiples across the sector. NVIDIA (NASDAQ: NVDA) CEO Jensen Huang once suggested large-scale commercialization of quantum computing is likely at least 15 years away from becoming a reality. Despite that long runway, operating data underneath the hype has materially improved…
The iShares U.S. Aerospace and Defense ETF (NYSEARCA:ITA) has climbed 13.74% year to date without owning a single share of Tesla (NASDAQ:TSLA) or any Magnificent Seven stock. Over the same period, Tesla shares have fallen 12.51%, making ITA’s sector-focused exclusion look prescient from a pure performance standpoint. ITA is BlackRock’s iShares fund tracking large- and…
Microcap stocks have long attracted investors willing to accept higher risk in exchange for the potential of outsized returns over a compressed timeframe. Companies in this category typically carry market capitalizations below $300 million, making them far more volatile than their large-cap counterparts but also far more nimble. Analysts tracking this corner of the market…