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Investing.com2d agoneutral
DOJ weighs joining state antitrust suit against BlackRock and State Street -report

Investing.com -- The U.S. Department of Justice is actively weighing whether to intervene in a high-stakes state antitrust lawsuit against asset management giants BlackRock Inc (NYSE:BLK) and State Street Corp (NYSE:STT), Bloomberg reported, citing people familiar with the matter. Senior antitrust officials have held discussions in recent weeks with involved state attorneys general and company representatives, though federal officials have yet to reach a final determination on joining the litiga

RTX (RTX) Stock May Be Undervalued On Its 183% Three Year Run
Simply Wall St.2d agoneutral
RTX (RTX) Stock May Be Undervalued On Its 183% Three Year Run

RTX has ridden a powerful multi year run, yet with the stock around US$193.54 after a recent pullback, the real question is whether that price is still anchored to the cash the business can generate over time. Over the past 3 years the share price has climbed 182.9%, which puts a lot of past optimism and current expectations on the line for anyone asking what cash flows can reasonably support. Fresh contracts and investments at Pratt & Whitney and Raytheon, from the F135 Engine Core Upgrade...

L3Harris Pivots to Execution as New CEO Targets Radio, Space Growth
MarketBeat2d agoneutral
L3Harris Pivots to Execution as New CEO Targets Radio, Space Growth

L3Harris Technologies (NYSE:LHX) is entering its leadership transition with an emphasis on operating execution rather than further portfolio reshaping, according to Chief Financial Officer Ken Sharp. Speaking at a Morgan Stanley aerospace and defense conference, Sharp said new Chief Executive Offic

Zscaler Went From 100x Earnings to 40x. Here’s What Changed.
TIKR2d agoneutral
Zscaler Went From 100x Earnings to 40x. Here’s What Changed.

Key TakeawaysZscaler’s net new ARR growth (excluding Red Canary) accelerated to 17% year over year in the fiscal fourth quarter, the fastest pace in years, yet FY27 guidance points to that growth cooling back down toward the high teens or lower. Deferred revenue, an independent forward indicator of billings, has decelerated every year since FY22, falling from 62% growth to just 18.