The defense contractor secured $50M to expand unmanned mission support, with $27M in initial funding allocated. AEVEX Corp shares jumped 11% in early trading after securing a $50M contract from the U.S. Air Force to enhance unmanned mission support capabilities. The deal i
Concentrix stock falls sharply as Q2 revenue and adjusted earnings trail estimates and full-year EPS guidance disappoints investors. Concentrix (CNXC) shares plunged 24% after the company reported second-quarter results that fell short of Wall Street expectations. Revenue
Dow Jones, S&P 500, and Nasdaq 100 futures climb modestly as traders await geopolitical and economic updates. U.S. stock index futures edged higher early Tuesday, with Dow Jones futures up 39 points (0.1%), S&P 500 futures rising 7 points (0.1%), and Nasdaq 100 futures gai
Fox buys Roku at $160 per share Fox Corp has made a $22 billion cash-and-stock deal to acquire Roku, giving it access to over 100 million streaming households. The deal is expected to close in the first half of 2027, with Roku founder Anthony Wood joining Fox's board.
Investors facing required minimum distributions can avoid selling depressed stocks by transferring shares directly to taxable accounts. Retirees required to take annual minimum distributions from IRAs can transfer shares in-kind to taxable accounts, sidestepping forced sal
Average 30-year fixed mortgage rates rose 2 basis points to 6.19% but remain at their lowest level since mid-May 2026. The average 30-year fixed mortgage rate increased by 2 basis points to 6.19% on Tuesday, though it remains the lowest since May 12. Shorter-term rates dec
The Technology sector rallies 28% year-to-date, outpacing broader markets, even as AI spending concerns weigh on megacap stocks. The Technology sector is set for its strongest first-half performance since 2023, rising 28% year-to-date. Gains accelerated after a March 30 ma
Deal marks EP Wealth’s fifth acquisition in 2026, expanding its Bay Area assets to $6 billion under management. EP Wealth has acquired Opes Wealth Management, a Menlo Park-based registered investment advisor with $900 million in assets under management. The deal strengthen
Micron’s $41 billion quarterly revenue surge on HBM demand signals rising memory costs that may squeeze AI sector profitability. Micron Technology reported $41 billion in third-quarter revenue, up from $9.3 billion a year earlier, driven by soaring demand for high-bandwidt
Passive income in the stock market almost always comes through dividends. Dividend stocks don't always get the same attention as growth stocks, whose measure of success is straightforward stock price appreciation, but many investors depend on dividends for cash on top of r
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