Lockheed Martin Slips 4% Despite $847M Laser Contract
Markets Daniel Marsh

Lockheed Martin Slips 4% Despite $847M Laser Contract

Lockheed Martin shares closed at $523.22, down 4.2% for the week, despite securing an $847 million laser contract. The company also announced a $3.45 billion deal to acquire Ultra Maritime.

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Tianwen-2 Nails Asteroid Navigation, Boosts China Space Stocks by $29.3B
Markets Daniel Marsh

Tianwen-2 Nails Asteroid Navigation, Boosts China Space Stocks by $29.3B

Tianwen-2's optical navigation slashes asteroid position error to ~1 km, lifting three Shanghai-listed space stocks by a combined 29.3 billion yuan on Friday.

FXI
Ohio Halts 4 Injection Wells in Washington County; Select Water Under Scrutiny
Regulation James Calloway

Ohio Halts 4 Injection Wells in Washington County; Select Water Under Scrutiny

Ohio regulators ordered four wastewater injection wells in Washington County to cease operations, affecting 24% of the county's active wells and drawing attention to Select Water Solutions.

WTTR
FCC Approves Reflect Orbital's First Sunlight-Reflecting Satellite; Startup Eyes 50,000 Satellites by 2035
Regulation James Calloway

FCC Approves Reflect Orbital's First Sunlight-Reflecting Satellite; Startup Eyes 50,000 Satellites by 2035

The FCC has approved Reflect Orbital's first test satellite, Earendil-1, marking a small step toward the startup's goal of deploying 50,000 satellites by 2035 to beam sunlight to Earth.

Two US Retailers File Chapter 11 as Legacy Lease and Debt Costs Hit $9.3M
Markets Daniel Marsh

Two US Retailers File Chapter 11 as Legacy Lease and Debt Costs Hit $9.3M

Sneaker City Albany and Hardee's franchisee Superior Star filed Chapter 11 within a day, facing $9.31 million in mall guarantees and seller-finance debt.

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AGNC's 13% Dividend Yield Attracts, But Premium Poses Risk
Markets Daniel Marsh

AGNC's 13% Dividend Yield Attracts, But Premium Poses Risk

AGNC Investment Corp. yields 12.9% monthly, but its 32.8% premium to book value leaves little margin for error amid rate volatility.

BAC
XRP Exchange Supply Hits 7-Year Low, But Broader Data Tells Different Story
Crypto Sarah Chen

XRP Exchange Supply Hits 7-Year Low, But Broader Data Tells Different Story

XRP's exchange supply fell to a seven-year low on a narrow metric, but a broader scan shows 15.68 billion XRP on exchanges, nearly 10 times higher.

IBIT
Clorox Stock Rises 3.8% But Dividend Cushion Thins
Markets Daniel Marsh

Clorox Stock Rises 3.8% But Dividend Cushion Thins

Clorox (CLX) shares rose 3.8% in New York, but the 5% dividend yield faces a squeeze as the payout ratio reaches 89% of adjusted earnings.

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ExxonMobil Shares Fall Despite $5 Billion Q2 Earnings Boost
Earnings James Calloway

ExxonMobil Shares Fall Despite $5 Billion Q2 Earnings Boost

ExxonMobil shares fell 2% despite a $5 billion Q2 earnings forecast, as much of the gain came from accounting timing effects, wiping out $11.6 billion in market value.

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S&P 500 Gains 1.2% for the Week, Tech Inflows Surge 39%
Markets Daniel Marsh

S&P 500 Gains 1.2% for the Week, Tech Inflows Surge 39%

The S&P 500 gained 1.2% for the week, but gains were uneven as the Dow fell 0.5% and Russell 2000 lost 0.6%. Tech inflows jumped 39% to $9.71 billion, led by Meta's AI chip news.

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3M Gains $1.1B in Market Cap Despite PFAS Lawsuit, Analyst Outlook Improves
Earnings James Calloway

3M Gains $1.1B in Market Cap Despite PFAS Lawsuit, Analyst Outlook Improves

3M shares climbed 1.4% on Friday, adding $1.1B in market cap, despite a new New York lawsuit over PFAS. Analysts have raised 2026 EPS estimates to $8.73, above company guidance.

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Fervo Energy's $8B Valuation Surpasses Ormat; Drilling Milestone Faces Cost Test
Analysis Daniel Marsh

Fervo Energy's $8B Valuation Surpasses Ormat; Drilling Milestone Faces Cost Test

Fervo Energy's stock value hits $7.99B, surpassing Ormat's $6.8B, but a $1B cost reduction challenge tests the premium.

ORA