Latest News
Boeing Sheds $9.7B in Value Ahead of Potential 102-Jet Order
Boeing wiped out $9.7 billion in market value last week as shares fell 1.9%. All eyes are on June delivery numbers and a possible 102-jet order from PAL Holdings.
Cisco Surges 7.6% in a Week but Arista Doubles Its Gains
Cisco shares climbed 7.6% in the week through July 10, contributing 51 points to the Dow, but Arista Networks outpaced it with a 16.9% gain.
Chevron Stock Rises 4% This Week Despite 54% Drop in Annual Gas Deal Volume
Chevron shares rose 4.3% this week, but a new gas deal with Alinta Energy reveals a 54% drop in annual volume. The stock outperformed the market and peers.
JPMorgan Nears 52-Week High Ahead of Q2 Earnings Test
JPMorgan Chase (NYSE: JPM) ended Friday at $336.47, within 2% of its 52-week high, with Q2 earnings due Tuesday. The stock needs to show strong capital-markets revenue and stable credit to break above the June peak.
Coke's Market Cap Lead Over Pepsi Balloons to $172 Billion
Coca-Cola's market cap lead over PepsiCo grew to $172 billion as Pepsi shares fell more sharply. KO stock held up better ahead of its July 28 earnings report.
Broadcom Surges $188B on $30B Apple Chip Deal, Outpacing Apple's Gain
Apple stock gained 2.2% after a $30B chip deal with Broadcom, but Broadcom surged 11%, adding $188B in market value—nearly double Apple's $98B gain.
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.
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.
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.
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
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.
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.