Aerospace and defense stocks were mixed this week amid a string of earnings reports and President Donald Trump's highly-anticipated trip to China. Space companies led gains for the group, while more than a dozen stocks are setting up in bases or trading near buy points
CEO argues legacy banks cannot rebuild for AI and tokenized money, positioning Augustus to unlock trapped corporate liquidity. Augustus received conditional OCC approval to expand its euro payments and instant settlement services, targeting a $3 trillion stablecoin-driven
The Euro-Dollar pair fell to 1.1617, its lowest level in over a month, following a strong US Dollar surge in mid-May. EUR/USD declined to 1.1617, marking its lowest point in over a month, as the US Dollar (USD) recorded its strongest two-week gain in mid-May. The pair stab
Quick Read - Ford (F) stock dropped 7% intraday to $13.50 after surging 20% in one week, with management having just raised FY2026 adjusted EBIT guidance to $8.5B-$10.5B on Q1 revenue of $43.25B and $2.55B net income. - Tesla (TSLA) stock fell 4% alongside Ford, with a trailing...</strong
Long-bond yield jumps 10 basis points to 5.12% as hot inflation data and Fed policy concerns weigh on markets. The 30-year Treasury yield surged 10 basis points to 5.12%, its highest level since June 2007, as bond markets reacted to persistent inflation pressures. The 10-y
DraftKings investors have been waiting for the company to prove that its online betting business can keep expanding while new growth bets start to take shape. In a Morgan Stanley note shared with TheStreet, analyst Stephen Grambling and his team lowered their DraftKings pr
Key Points - Suncrete posted strong Q1 growth, with revenue up 64% year over year to $61.8 million and adjusted EBITDA up about 20% to $10.9 million. The company also increased ready-mix volume by 58%, though it still reported a $1.7 million net loss. - Management is pursu
Key Points - Sigma Lithium reported its most profitable quarter since production began, with gross margin of 61% and net profit margin of 26%. Revenue also jumped sharply, helped by a stronger operating mix and recovering lithium market conditions. - The company made signi
Key Points - Bit Digital is shifting away from Bitcoin mining and toward Ethereum treasury/staking, AI infrastructure through WhiteFiber, and other recurring cash-flow businesses. Management said mining is now a lower priority and capital will continue moving to these newe
Key Points - ImmuCell posted a record Q1 2026, with product sales of about $10.4 million, up 28.4% year over year, and net income rising 34% to $1.9 million. Gross margin improved to 45%, reflecting better pricing and manufacturing performance. - The company said its narro
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