General Dynamics (GD) Beats Second-Quarter Estimates, Lifts Full-Year Earnings Outlook

General Dynamics (GD) delivered second-quarter financial results that surpassed Wall Street expectations, prompting the defense contractor to raise its earnings outlook for the full year. The company’s performance signal strong operational momentum heading into the second half of 2026, as defense spending continues to attract significant investor attention across the sector. General Dynamics operates across…

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Scotiabank Upgrades ASTS Stock To ‘Sector Perform’ As Valuation Enters ‘Grey Area’ Between $40 And $60

AST SpaceMobile (ASTS) drew renewed investor attention Wednesday after Scotiabank upgraded the stock and cited expanding satellite pipeline and telecom partnerships as proof of its “global reach and impressive technology.” Scotiabank upgraded ASTS to “Sector Perform” from “Underperform” and raised its price target to $50.80 from $41.20, describing the valuation as having entered a “grey…

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Medicare Ends Drug Premium Stabilization Program As Part D Costs Set To Rise In 2027

The Centers for Medicare and Medicaid Services has announced it will discontinue a key program that helped keep prescription drug premiums affordable for millions of Americans. The Part D Premium Stabilization Demonstration, launched in 2025, provided critical financial relief to beneficiaries enrolled in standalone Medicare prescription drug plans. CMS released preliminary technical Medicare Part D…

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Bloom Energy (BE) Crosses $1 Billion In Quarterly Revenue As AI Data Centers Fuel Record Demand

Bloom Energy (BE) reported its strongest quarterly sales result ever, with revenue surging 166% year-over-year to $1.07 billion for the second quarter ended June 30. The milestone marks the first time the fuel-cell power systems manufacturer has crossed the billion-dollar threshold in a single quarter. Wall Street had estimated approximately $834 million in revenue, meaning…

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