Intuitive Machines stock rose 6% following an announcement of an authorization to proceed on a multi-satellite communications program valued at over $600 million. The company will use its IM 1300 satellite platform for this project, which adds to its record backlog of $1.8 billion and strong 2026 revenue guidance of $900 million to $1 billion. While the customer remains undisclosed, this award highlights Intuitive Machines' growing presence in commercial, civil, and national security space markets. Investors will watch for further details on the contract and backlog conversion in upcoming filings.
Ethereum price climbed nearly 2% on August 17, reaching an intraday high near $1,912 after buyers defended support around $1,872 and pushed ETH above $1,900. A large whale transferred 32,400 ETH worth $61.46 million into Ethereum's staking contract, ...
U.S. clean energy and transportation investment rose 4% year-over-year to $75 billion in Q2 2026, driven by a 21% increase in sales of electric vehicles, home batteries, and heat pumps. Residential battery storage installations surpassed solar panel ...
Amazon briefly surpassed a $3 trillion market cap in early August but pulled back slightly after. Despite this, analysts at 24/7 Wall St. see a 30.51% upside with a price target of $342.78 over the next year, citing strong Q2 revenue growth of 19.62%...
Rothschild & Co Redburn upgraded Apple to Buy from Neutral and raised its price target to $400, driven by the expected launch of a foldable iPhone in September and a shift in Apple's AI strategy. The foldable iPhone, priced at $2,199, could boost ave...
Berkshire Hathaway reported a 16% increase in operating earnings for Q2, with revenues hitting $102 billion. The company's shares are now trading at a more attractive 1.45 times book value, below its recent medians, prompting management to increase s...
