US Politics & Business News
Scammers are sending fake party invitations that appear to come from trusted contacts, including friends, family members, coworkers, and neighbors. At first glance, the emails look entirely legitimate, often carrying the sender’s real email signature, phone number, website, and even a personal photo. The Federal Trade Commission has issued a warning about this phishing scheme,…
An aging relative has lost the ability to care for himself, forcing a family member to wrestle with a deeply personal and financially complex ethical dilemma. The situation was submitted to MarketWatch’s personal finance advice column, “Don’t Short Yourself,” where readers bring difficult money and life questions for guidance. The writer expressed reluctance to abandon…
SanDisk posted fiscal fourth-quarter revenue of $8.79 billion, topping Wall Street consensus estimates of $8.64 billion by a meaningful margin. The company also delivered adjusted earnings per share of $39.25, well above analyst estimates of $34.37, marking a strong end to the fiscal year. SanDisk attributed its revenue growth to approximately one-third higher volumes and…
Shares of AST SpaceMobile (ASTS) fell 2% on Wednesday after surging 11% the prior session, as investors weighed a successful satellite launch against broader market movements. The company confirmed the successful deployment of BlueBird satellites 11, 12, and 13 early Wednesday morning, marking another step forward in its space-based cellular broadband ambitions. SpaceX’s Falcon 9…
IonQ (IONQ) has delivered its second-quarter earnings report, marking the unofficial start of what analysts are watching as a pivotal earnings season for the quantum computing sector. The results arrive just days after IonQ closed a significant acquisition, adding a layer of strategic momentum to an already closely watched financial update. The revenue figure for…
GE Aerospace has shifted its public narrative away from supply chain shortages, even as those constraints continue to weigh on its ability to serve customers. Just two years ago, management was openly candid about production struggles, with the CEO acknowledging on an earnings call that “our new engine output was disappointing, down 20% sequentially.” The…
The Protect College Sports Act is heading toward a full Senate vote, potentially arriving as soon as this week amid growing pressure to act before the summer recess. The bill was co-authored by Sen. Ted Cruz (R-Texas) and Sen. Maria Cantwell (D-Wash.), drawing bipartisan support for a sweeping overhaul of college athletics governance. The Senate…
Alphabet (GOOGL) shares fell to a session low, dropping 5.4%, after reports emerged of a sweeping executive shakeup and a string of high-profile talent departures. Jeff Dean, one of Google’s earliest employees and a chief architect of its artificial intelligence strategy for 15 years, is leaving to launch an AI startup focused on scientific discovery….
Danish drugmaker Novo Nordisk built an early empire on the back of semaglutide, the active ingredient powering both its blockbuster Ozempic and Wegovy treatments. Ozempic was originally developed to treat type 2 diabetes before patients and physicians discovered its dramatic weight-loss effects, setting off a global pharmaceutical gold rush. Novo rebranded semaglutide as Wegovy specifically…
SpaceX is making waves across multiple sectors as the company moves to extend its dominance in space into the AI and communications industries. The company’s aggressive expansion plans sent its own stock down roughly 12%, with shares trading at $110 during Wednesday’s session. The SPCX ETF, which tracks the space industry, fell 7.59% as investors…