RTX Corporation (RTX) Raises 2026 Sales And Profit Outlook On Defense Demand And Aging Fleet Maintenance
RTX Corporation (NYSE: RTX) lifted its full-year 2026 sales and profit guidance, citing sustained demand for commercial aircraft maintenance and military weapons systems across global markets. The aerospace and defense giant now projects adjusted sales between $95 billion and $96 billion, up sharply from its prior estimate of $92.5 billion to $93.5 billion, beating Wall…
US To Resume Mexican Cattle Imports As Beef Prices Remain A Pressure Point For Consumers
The U.S. Department of Agriculture has announced it will allow cattle imports from Mexico to resume beginning in late August, marking a significant shift in trade policy. The decision comes despite ongoing concerns about the threat posed by the New World screwworm, a parasitic pest that had prompted the initial suspension of imports. The New…
D-Wave Quantum (QBTS) Pulls Back In Premarket After AT&T-Fueled Surge
D-Wave Quantum Inc. (NASDAQ: QBTS) shares slipped in Tuesday premarket trading as investors locked in gains following Monday’s nearly 20% rally. The retreat came after D-Wave announced an agreement with AT&T Inc. (NYSE: T) to expand quantum computing across AT&T’s network operations. That deal served as a powerful commercial endorsement for D-Wave, signaling growing enterprise…
Space Sector Selloff Hits SPCX, RKLB, And ASTS Even As Six Congress Members Disclose SpaceX Purchases
SpaceX (NASDAQ: SPCX) shares are down 3% to $109.96, extending a slide that now totals 30% since the June 12 IPO. The broader space sector is selling off sharply in Tuesday’s session, with peers falling even harder despite fresh positive catalysts at the company level. Rocket Lab (NASDAQ: RKLB) stock has dropped 9% to $60.63,…
Why Roth Conversions In Your 20s And 30s Deserve A Second Look
Young workers often overlook Roth conversions as a retirement strategy, assuming the move only makes sense for older, higher-earning professionals closer to retirement. A Roth conversion involves moving money from a traditional pre-tax retirement account into a Roth IRA, where future growth and qualified withdrawals are tax-free. The core appeal for younger savers is straightforward:…
Wall Street Futures Jump on Iran Truce, Big Tech Earnings and Fed Decision Loom
US stock futures surged early Monday as traders welcomed the pause in Middle East fighting just as one of the busiest earnings weeks of the year gets underway. Dow futures gained about one percent, the S&P 500 added nearly one percent, and Nasdaq 100 futures jumped roughly one point four percent. The rally follows a…
Bipartisan Lawmakers Propose ‘Great American AI Act’ to Tackle Rogue AI Models
Two House lawmakers from opposite parties introduced legislation last week that would give federal regulators new power to block the deployment of the most powerful AI models when they pose an imminent catastrophic risk. Reps. Jay Obernolte, a California Republican, and Lori Trahan, a Massachusetts Democrat, unveiled the bill on Thursday. The measure is formally…
Insider Places Polymarket Bet on Strait of Hormuz Fully Reopening Before End of August
An insider has placed a bet on vessel traffic in the Strait of Hormuz returning to “normal” levels before the end of August. They placed the bet on Saturday evening, just three hours before Iranian Foreign Ministry Spokesperson Esmail Baghaei announced they had made “progress” toward reopening the Strait of Hormuz after holding talks with…
Senate Blocks Effort to Rein In Trump’s Iran War Powers After 49-47 Vote
A push to force congressional oversight of the Iran conflict failed in the Senate last week, with the chamber voting 49 to 47 against a resolution that would have required the White House to seek approval before further strikes. The narrow defeat underscored deep divisions even within the president’s own party over how far the…
Oil Crashes 7% as Iran Ceasefire Holds Through the Weekend
Crude oil tumbled sharply on Monday after Washington and Tehran both stepped back from two weeks of direct strikes on each other. Brent crude dropped as much as seven percent below ninety dollars a barrel before clawing back roughly half of that loss by midday. The pullback triggered a broader relief rally across stocks, bonds,…
