Shares of security and Aerospace company Lockheed Martin (NYSE:LMT) fell 7% in the afternoon session after the company lost the contract to produce the next generation of fighter jets for the U.S. military, which was awarded to Boeing. The contract, known as Next Generation Air Dominance, or NGAD, is supposed to help build jets ( F-47) that will accompany a future fleet of drone aircraft to protect the US against its adversaries. According to the press release, the contract is worth an estimated
Micron (MU) Stock Trades Down, Here Is Why
Shares of memory chips maker Micron (NYSE:MU) fell 8.8% in the afternoon session after the company reported first-quarter (fiscal Q2 2025) results, which came with high expectations, but while the overall performance was decent, softness in key markets, weaker margins, and inventory concerns overshadowed the positives.
Why Lennar (LEN) Stock Is Falling Today
Shares of homebuilder Lennar (NYSE:LEN) fell 6.7% in the morning session after the company reported weak first-quarter 2025 results, with its backlog declining 22% year over year, raising concerns about the strength of its near-term sales pipeline.
‘The Big Short’ investor who predicted the 2008 crash warns the market is ‘underestimating’ the economic impact of DOGE’s mass spending cuts
The cost-cutting spree isn’t limited to government—billions in private-business contracts are affected, Danny Moses told Fortune.
Why Planet Labs (PL) Stock Is Nosediving
Shares of earth imaging satellite company Planet Labs (NYSE:PL) fell 22.6% in the morning session after the company reported weak fourth-quarter (fiscal 2025) results: Its full-year revenue and EBITDA guidance missed significantly along with this quarter's revenue and EPS.
Why Is Torrid (CURV) Stock Soaring Today
Shares of women’s plus-size apparel retailer Torrid Holdings (NYSE:CURV) jumped 9% in the morning session after the company reported strong fourth-quarter 2024 results, which blew past analysts' estimates for sales, earnings, and operating profits.
Quantum-computing stocks fall again as Jensen Huang and other CEOs temper expectations around the bleeding-edge tech: ‘Not good enough yet for practical use’
D-Wave stock fell more than 18%, despite Huang’s goodwill effort.
Energy stocks outperform year to date amid inflation, tariff uncertainty
Expectations of sticky inflation and tariff uncertainty have prompted investors to rotate into the energy sector.
Fed Officials Warn of the Challenge Trump Tariff 'Uncertainty' Poses
Two Federal Reserve officials shed light Friday on how the central bank is navigating the fog of uncertainty about what President Donald Trump will do next when it comes to imposing tariffs, and how the import taxes will affect inflation and unemployment.
U.S. may sell Fort Knox gold for Bitcoin — If it’s 'budget-neutral,' says Trump adviser
When asked if the US government could sell some gold stored in Fort Knox to buy Bitcoin, President Trump’s crypto director Bo Hines gave an interesting answer.