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Boeing (BA) and RTX (RTX) Gain From Pentagon Missile Buildup, But Is the Upside Priced In?
Insider Monkey10d agobearish
Boeing (BA) and RTX (RTX) Gain From Pentagon Missile Buildup, But Is the Upside Priced In?

On August 14, the Pentagon announced framework agreements with The Boeing Company (NYSE:BA) and RTX Corporation (NYSE:RTX) to increase component production for the SM-3 Block IIA and SM-3 Block IB interceptors. Both agreements are intended to increase the output of a group of ship-fired, surface-to-air interceptors that serve as the foundation for the Aegis Ballistic […]

McDonald's target falls to $325, but Jefferies keeps faith in recovery
Proactive10d agobearish
McDonald's target falls to $325, but Jefferies keeps faith in recovery

McDonald's Corp (NYSE:MCD, XETRA:MDO) retained Jefferies' backing despite a price target cut to $325 from $350, with management still needing to convince investors that a sales recovery is achievable. Shares traded down 1% to $253.67 on September 15, as the broker maintained its...

SpaceX Lines Up Starship's First Commercial Mission for 2028
Benzinga Prediction Markets10d agobearish
SpaceX Lines Up Starship's First Commercial Mission for 2028

SpaceX (NASDAQ:SPCX) has lined up what customer Space Cargo Unlimited says will be Starship’s first commercial mission, targeted for 2028 as Elon Musk pushes the giant rocket toward carrying outside customers.Space Cargo is a Luxembourg-based company that uses microgravity for...

Nasdaq Falls 0.8%. Energy Is Pretty Much the Only Show in Town.
Barrons.com10d agobearish
Nasdaq Falls 0.8%. Energy Is Pretty Much the Only Show in Town.

Energy stocks were pretty much the only thing working on Tuesday. The Dow Jones Industrial Average was down 430 points, or 0.8%. The S&P 500 was down 0.5%. The Nasdaq Composite was down 0.8%. Only about 160 stocks in the S&P 500 were rising, and only two of the 11 major sectors were up on the day.

Coinbase Slides 6% as CLARITY Odds Crash to 15% Just Before Senate Vote
Benzinga Prediction Markets10d agobearish
Coinbase Slides 6% as CLARITY Odds Crash to 15% Just Before Senate Vote

Coinbase Global Inc. (NASDAQ:COIN) fell around 6% Tuesday, roughly twice the decline in Bitcoin (CRYPTO: BTC), as prediction market traders slashed the chances of landmark U.S. crypto legislation becoming law this year. Polymarket odds for the CLARITY Act are trading...

Amazon Has Zero Sell Ratings. Here’s the Price Target That Follows
24/7 Wall St.10d agobearish
Amazon Has Zero Sell Ratings. Here’s the Price Target That Follows

Every analyst covering Amazon is bullish, earnings growth is running at triple digits, and AWS just hit its fastest expansion in four and a half years, yet the stock sits 12% off its highs and barely outpacing a savings account. Something about that math does not add up.

Axon Enterprise shares fall 9% as $1 billion debt offering planned
Proactive10d agobearish
Axon Enterprise shares fall 9% as $1 billion debt offering planned

Axon Enterprise Inc (NASDAQ:AXON) plans to raise $1 billion through convertible debt, pairing interest-free financing with capped calls designed to mitigate potential shareholder dilution. Shares of the public safety technology company fell 9% to $448.07 in Tuesday trading. The proposed...