Business
Raytheon Wins $745 Million MDA Contract for SM-3 IIA Interceptors
Raytheon, an RTX business, won a $745 million Missile Defense Agency contract for SM-3 IIA interceptor production and sustainment through 2031.
Company News
Major Banks Initiate Bullish SpaceX Coverage as Quiet Period Ends
JPMorgan, Goldman Sachs and Morgan Stanley led major banks initiating bullish ratings on SpaceX after its post-IPO quiet period ended.
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Tesla Q2 Deliveries Rise 25%, Beating Wall Street Forecasts
Tesla delivered 480,126 vehicles in Q2 2026, up 25% from a year earlier and well above Wall Street estimates, signaling stronger EV demand.
Editor's Pick
Anthropic and OpenAI Test the Rules for Valuing AI Revenue
AI · · 6 min read
Combined private-market valuations above $1 trillion rest on revenue growth that is real but far smaller, forcing investors to separate consumption run rate from durable recurring revenue.
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