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Trump Signs New National Space Transportation Policy That Aims for 1,000 Launches by 2030, Outlines Plans for 'Americans to the Moon' by 2028
Benzinga13d agoneutral
Trump Signs New National Space Transportation Policy That Aims for 1,000 Launches by 2030, Outlines Plans for 'Americans to the Moon' by 2028

President Donald Trump signed a new policy Thursday aimed at growing U.S. space launches and expanding re-entry capacity, including directing agencies to consider federal land for new launch sites. The Push for 1,000 Launches By 2030 The National Space Transportation Policy directs the Secretary of War, NASA, and other agencies to identify federal land for an additional reentry site within 90 days, part of a push to support more than 1,000 launches and reentries annually by 2030. The policy also

Former Google Engineer Convicted of Stealing AI Trade Secrets Gets Major Legal Break as Judge Throws Out Economic Espionage Charges
Benzinga13d agoneutral
Former Google Engineer Convicted of Stealing AI Trade Secrets Gets Major Legal Break as Judge Throws Out Economic Espionage Charges

On Thursday, former Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google software engineer Linwei Ding received a major legal reprieve after a federal judge overturned his economic espionage convictions. Judge Rejects Economic Espionage Convictions U.S. District Court Judge Vince Chhabria in San Francisco ruled that prosecutors failed to provide sufficient evidence that Ding knew or intended his actions would benefit the Chinese government, a requirement for economic espionage charges, Reuters re

MARA Holdings (MARA) Soars Double Digits — Here’s The Catalyst to Watch Now
Insider Monkey14d agobullish
MARA Holdings (MARA) Soars Double Digits — Here’s The Catalyst to Watch Now

MARA Holdings Inc. (NASDAQ:MARA) clawed back to the $11 territory on Thursday, surging 15.54 percent to finish at $11.15, as investors positioned their portfolios after President Donald Trump renewed his push to Congress to speed up the passage of the Clarity Act. The bill is a proposed US federal law establishing a regulatory framework for […]

Kohl's, Ollie's, and Warby Parker Shares Plummet, What You Need To Know
StockStory14d agoneutral
Kohl's, Ollie's, and Warby Parker Shares Plummet, What You Need To Know

A number of stocks fell in the afternoon session after Walmart’s results reinforced worries about a stretched U.S. consumer. According to CNBC, Walmart (NYSE: WMT) shares fell nearly 10% even after a revenue beat and a full-year outlook raise, as U.S. comparable sales grew only 2.6% — short of Wall Street’s roughly 3.5% expectation — and third-quarter sales guidance of 3% to 3.75% looked light. CFO John David Rainey told CNBC the company was eligible for about $2.9 billion in tariff refunds, wit

Monro, America's Car-Mart, Camping World, Leslie's, and Boot Barn Stocks Trade Down, What You Need To Know
StockStory14d agoneutral
Monro, America's Car-Mart, Camping World, Leslie's, and Boot Barn Stocks Trade Down, What You Need To Know

A number of stocks fell in the afternoon session after Walmart’s results reinforced worries about a stretched U.S. consumer. According to CNBC, Walmart (NYSE: WMT) shares fell nearly 10% even after a revenue beat and a full-year outlook raise, as U.S. comparable sales grew only 2.6% — short of Wall Street’s roughly 3.5% expectation — and third-quarter sales guidance of 3% to 3.75% looked light. CFO John David Rainey told CNBC the company was eligible for about $2.9 billion in tariff refunds, wit

Best Buy, Dick's, Floor And Decor, RH, and Zumiez Stocks Trade Down, What You Need To Know
StockStory14d agobullish
Best Buy, Dick's, Floor And Decor, RH, and Zumiez Stocks Trade Down, What You Need To Know

A number of stocks fell in the afternoon session after Walmart’s results reinforced worries about a stretched U.S. consumer. According to CNBC, Walmart (NYSE: WMT) shares fell nearly 10% even after a revenue beat and a full-year outlook raise, as U.S. comparable sales grew only 2.6% — short of Wall Street’s roughly 3.5% expectation — and third-quarter sales guidance of 3% to 3.75% looked light. CFO John David Rainey told CNBC the company was eligible for about $2.9 billion in tariff refunds, wit

NextEra Energy (NEE) Faces Maryland Challenge In Federal Merger Review
Simply Wall St.14d agoneutral
NextEra Energy (NEE) Faces Maryland Challenge In Federal Merger Review

NextEra Energy (NYSE:NEE) faces new regulatory attention as Maryland's Office of People's Counsel moves to join federal review of its proposed merger with Dominion Energy. The state watchdog is seeking participation in Federal Energy Regulatory Commission proceedings to assess potential effects on competition in the PJM regional power market. Consumer advocates in Maryland aim to examine how the transaction could influence electricity prices, service reliability, and market concentration...

Why Coinbase (COIN) Stock Is Trading Up Today
StockStory14d agoneutral
Why Coinbase (COIN) Stock Is Trading Up Today

Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 7.4% in the morning session after investors bid crypto names on fresh optimism around the Digital Asset Market Clarity Act, CoinDesk reported, with bitcoin also higher. CoinDesk put bitcoin at about $71,936, up roughly 2% over 24 hours — so some of Coinbase bid was crypto beta, but COIN still outran the coin on a policy premium. The catalyst was not a vote. Senate Banking Chair Tim Scott, speaking at SALT in Jackson Hole,

8-20-2026: Middle East Tensions, Treasury Buybacks + Crypto's Big Comeback
NYSE14d agobullishVIDEO
8-20-2026: Middle East Tensions, Treasury Buybacks + Crypto's Big Comeback

Michael Reinking, Senior Market Strategist at the NYSE, recaps a week dominated by Treasury Secretary Bessent, whose doubled liquidity support buybacks reignited the debasement trade, sending gold back above 4,500 and triggering a massive crypto short squeeze that propelled Bitcoin up ~15% and Ethereum up 25%. Escalating Iran tensions pushed ICE Brent into the low 90s after a 60-day ceasefire expired, while equity markets drifted lower with the S&P 500 down ~1.5% as retail earnings disappointed broadly and healthcare surged nearly 4% on landmark cancer trial results from Merck and Moderna. Looking ahead, next week's PCE print, Nvidia earnings, and Fed Chair Warsh's first Jackson Hole speech are the marquee events to watch.

Inflation, high prices starting to weigh on consumers, says investor
Reuters Videos14d agoneutralVIDEO
Inflation, high prices starting to weigh on consumers, says investor

<body><p>STORY: Walmart shares fell after the retailer missed Wall Street expectations for quarterly comparable sales, saying higher gasoline prices had shoppers reining in spending.</p><p>"We're starting to see maybe this convergence of the K-shaped economy, where, you know, we are seeing still resilience in various parts of it, but I think, you know, the combination of inflation, high prices, maybe it's specifically gas prices or food prices, is starting to weigh on the consumer."</p><p>The results added to concerns about consumer spending, a key driver of the U.S. economy.</p></body>

Crude Hits $95 and Threatens the Inflation Cooldown: 3 Energy Stocks Turning the Oil Spike Into Bigger Shareholder Payouts
24/7 Wall St.14d agoneutral
Crude Hits $95 and Threatens the Inflation Cooldown: 3 Energy Stocks Turning the Oil Spike Into Bigger Shareholder Payouts

Brent crude just broke $95 and the August inflation print has not yet landed, which means the window to position ahead of the next dividend cycle is closing fast. Three energy companies are already converting the spike into bigger shareholder checks, and the structural reasons why they can keep doing it through an $80 pullback are worth understanding before prices move again.

AIR Global Reports 1H Revenue & Gross Profit Growth, Maintains 2026 Guidance
Exec Edge14d agoneutral
AIR Global Reports 1H Revenue & Gross Profit Growth, Maintains 2026 Guidance

By Karen Roman AIR Global PLC (Nasdaq: AIIR) said first half revenue increased 3.7% to $206.9 million due to flavored shisha molasses revenue growth of 3.4% to $204.7 million, while gross profit rose 2.4% to $116.8 million. Adjusted EBITDA was $71.7 million, flat year-over-year, related to lower shipment volumes partially offset by U.S. tariff refunds. […] The post AIR Global Reports 1H Revenue & Gross Profit Growth, Maintains 2026 Guidance appeared first on ExecEdge.

6 Big Takeaways From Retail’s Big Week of Earnings
Barrons.com14d agoneutral
6 Big Takeaways From Retail’s Big Week of Earnings

Walmart set a somber tone for the first week of retailer earnings, but that wasn’t the whole story. The big news was Walmart’s sales woes as the Bentonville, Ark.-based giant reported a same-store sales decline—the first since 2020. Target meanwhile, showed some signs of life, reflecting its turnaround efforts.

Bitcoin price spikes after Trump meets with crypto leaders and pushes CLARITY Act
Yahoo Finance Video14d agobullishVIDEO
Bitcoin price spikes after Trump meets with crypto leaders and pushes CLARITY Act

Bitcoin (BTC-USD) surged past $70,000 after Trump met with cryptocurrency leaders at the White House and called on Congress to pass the CLARITY Act. Yahoo Finance Fed Correspondent Jennifer Schonberger reports on who was among the two dozen attendees at the meeting and whether there is real progress on the stalled digital asset legislation.