The streak has been particularly painful for retail investors, who were allocated about 20% of the shares sold in SpaceX’s record-setting IPO.
The streak has been particularly painful for retail investors, who were allocated about 20% of the shares sold in SpaceX’s record-setting IPO.
Boeing stock is up after the FAA ordered inspections of 471 Boeing 737 MAX jets for potential cracks in a structural reinforcement.
Thursday evening, MP Materials reported second-quarter Ebitda of $28.5 million, Wall Street was looking for $27.1 million.
Tesla stock is on the cusp on ending a three-week losing streak.
Declines in AT&T, Verizon, and T-Mobile have left their dividend yields up by roughly one percentage point from a year ago.
Honeywell Aerospace cut full year 2026 financial guidance while many of its peers are increasing their outlooks.
Joby Aviation topped second-quarter sales estimates and raised its 2026 revenue outlook, but investors remain focused on certification and the launch of its electric air-taxi service.
The shares could get a boost with FSD approvals.
Hertz reported better-than-expected second-quarter results.
A lot of stock held by insiders and early investors will become available to trade in the coming weeks. That could keep a lid on the stock.
Albemarle reported second-quarter earnings per share of $3.75, up from 11 cents a year ago.
AT&T, Verizon, and T-Mobile shares fell after SpaceX announced plans to launch a mobile offering next year. The drop isn’t warranted.
Kratos reported second-quarter earnings per share of 21 cents, up from 11 cents a year ago. Wall Street was looking for 14 cents.
Wall Street projections for 2029 and 2030 revenue are $287 billion and $448 billion, respectively.
The two stocks have become linked, by more than just Elon Musk, who runs both companies.
Sales grew year over year, but so did the EV maker’s costs.
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