sshepard/iStock Unreleased via Getty Images Northrop Grumman ( NOC ) on Wednesday said it successfully launched multiple satellites for the U.S. Space Force as part of the STP-S29A mission, using its Minotaur IV rocket from Space Launch Complex 8 at Vandenberg Space Force Base in California. Minotaur launch (Northrop Grumman) The mission marks the 31st successful flight of the Minotaur program sin...
sshepard/iStock Unreleased via Getty Images Northrop Grumman ( NOC ) on Wednesday said it successfully launched multiple satellites for the U.S. Space Force as part of the STP-S29A mission, using its Minotaur IV rocket from Space Launch Complex 8 at Vandenberg Space Force Base in California. Minotaur launch (Northrop Grumman) The mission marks the 31st successful flight of the Minotaur program since its debut in 2000, according to the company. Upgraded rocket design The Minotaur IV vehicle is part of a broader family of launch systems developed for U.S. government missions. It uses decommissioned Peacekeeper missile motors supplied by the government, combined with Northrop Grumman’s commercial launch technologies. The company said recent design changes to the Minotaur IV are intended to simplify manufacturing and mission preparation. These updates reduce the number of components and processes required, while also improving overall performance and enabling faster launch readiness. Focus on cost, national security missions The launch supports the U.S. Space Force’s Rocket Systems Launch Program, which is designed to provide flexible and relatively low-cost access to space for government payloads. Wes Collier, vice president, launch systems, Northrop Grumman ( NOC ), said in a statement that the mission reflects ongoing efforts to refine the Minotaur IV system and maintain reliable launch capabilities for national security needs, while continuing to adjust the vehicle’s design for future missions. More on Northrop Grumman Northrop Grumman: Undervalued Ahead Of Key Program Ramp Northrop Grumman Corporation (NOC) Presents at Citi's Global Industrial Tech & Mobility Conference 2026 Transcript Northrop Grumman: The Indispensable Industrial Capacity Moat Northrop Grumman partners with 4iG on Hungary’s first sovereign communications satellite Wars cut output and force hard fiscal trade-offs, IMF says
It's no coincidence that the top five wealthiest people on Earth are products of the high-growth tech sector. 2026 will provide investors with one of the best opportunities to buy tech stocks in history.
It's no coincidence that the top five wealthiest people on Earth are products of the high-growth tech sector. 2026 will provide investors with one of the best opportunities to buy tech stocks in history.
Loyalists rush to defend president for ‘outsmarting the critics’ but others decry deal as ‘a negative for our country’ Donald Trump’s acceptance of a two-week ceasefire in Iran has exposed fresh divisions in his Make America Great Again (Maga) movement, with some supporters expressing vindication and others accusing the US president of betrayal. The US and Iran both claimed victory after the two c...
Loyalists rush to defend president for ‘outsmarting the critics’ but others decry deal as ‘a negative for our country’ Donald Trump’s acceptance of a two-week ceasefire in Iran has exposed fresh divisions in his Make America Great Again (Maga) movement, with some supporters expressing vindication and others accusing the US president of betrayal. The US and Iran both claimed victory after the two countries agreed to pause hostilities following more than a month of war. But the strait of Hormuz remained closed on Wednesday and fighting was still taking place as Israel launched its biggest attacks yet on Lebanon. Continue reading...
guvendemir/E+ via Getty Images Introduction On Saturday, February 28, the U.S. Central Command (CENTCOM) announced the beginning of Operation Epic Fury. The war in Iran has been ongoing for roughly six weeks now, until a temporary ceasefire was negotiated on April 8. In an initial reaction to the military strikes of the U.S. and Israel, stock exchanges in the U.S. saw relatively neutral trading on...
guvendemir/E+ via Getty Images Introduction On Saturday, February 28, the U.S. Central Command (CENTCOM) announced the beginning of Operation Epic Fury. The war in Iran has been ongoing for roughly six weeks now, until a temporary ceasefire was negotiated on April 8. In an initial reaction to the military strikes of the U.S. and Israel, stock exchanges in the U.S. saw relatively neutral trading on Monday, March 2. It was the somewhat delayed spike in the price of oil and, in particular, the later close of the Strait of Hormuz that sent most stocks – except oil & gas stocks – lower. This is hardly surprising, as roughly 25% of the world's seaborne oil is transported via this route. Only very recently, the strait partially reopened under the recently negotiated ceasefire, which Iran is already threatening to exit over the ongoing Israeli attacks on Lebanon. In view of these events, portfolios with a meaningful exposure to upstream (but also to some extent midstream) oil & gas companies saw less drawdown than the broader market. But what about U.S. defense stocks? Interestingly, shares of all major contractors, namely Lockheed Martin Corp. ( LMT ), RTX Corp. ( RTX ), Northrop Grumman Corp. ( NOC ), General Dynamics Corp. ( GD ), Huntington Ingalls Industries, Inc. ( HII ), and L3Harris Technologies, Inc. ( LHX ) are down since the start of the war, more or less in line with the S&P 500 Index (SPY, -4% vs. the February 27 close). Quite evidently, none of these stocks served as a hedge, as one might intuitively expect. Sector-specific ETFs have also disappointed, in some cases even more so than the shares of major U.S. defense contractors. For example, the iShares U.S. Aerospace & Defense ETF ( ITA ) and the State Street SPDR S&P Aerospace & Defense ETF ( XAR ) have fallen by 8% since the start of the war, while the Invesco Aerospace & Defense ETF ( PPA ) and the Select STOXX Europe Aerospace & Defense ETF ( EUAD ) skewed modestly to the upside (-6%) and to the downside ...
A selection of Louis Vuitton handbags is neatly arranged on a shelf inside a luxury boutique in Bari, Italy, on July 2, 2025. (Photo by Matteo Della Torre/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images A New York woman who worked as a personal assistant pleaded guilty to wire fraud on Wednesday for a scheme in which she stole $10 million from her elderly employers. The woman, Catali...
A selection of Louis Vuitton handbags is neatly arranged on a shelf inside a luxury boutique in Bari, Italy, on July 2, 2025. (Photo by Matteo Della Torre/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images A New York woman who worked as a personal assistant pleaded guilty to wire fraud on Wednesday for a scheme in which she stole $10 million from her elderly employers. The woman, Catalina Corona, blew some of the stolen money on luxury goods from Gucci, Cartier , Louis Vuitton , and to pay off her credit card debt , prosecutors said. Corona, 62, faces a maximum possible prison sentence of 30 years in the case, the Brooklyn U.S. Attorney's Office said. Corona was accused of using fraudulent checks and impersonating her employers to defraud the unidentified Long Island married couple out of millions of dollars from 2017, when she began working for them, through 2024. One of the victims died in 2022, according to court records. Read more CNBC personal finance coverage There's a key number to know before making a last-minute IRA contribution With gas above $4, drivers across the U.S. say they're cutting back National College Decision Day is approaching. How to maximize aid Mailing your tax return too close to the deadline comes with a risk Average tax refund is up $350 compared to last year as IRS deadline nears Robinhood, BNY to build Trump accounts app New college grads face a tough job market — why unemployment hits them harder AI has a big problem when it comes to financial advice, MIT professor says Older Americans can find free tax filing help as big changes hit this season As 401(k) balances swell, financial experts warn of retirement planning pitfalls Teen sports betting raises concerns in schools, and a financial literacy push Market volatility poses a serious risk for new retirees. Here's how to prepare Trump's overtime deduction is a 'home run,' Treasury says. How it could change Stock market is in for 'choppy, bumpy ride,' strategist says. Here's ...
primeimages Wall Street finished solidly higher on Wednesday after President Donald Trump agreed to delay planned military strikes on Iran for two weeks, contingent on the reopening of the Strait of Hormuz. The tech-heavy Nasdaq Composite ( COMP:IND ) rose 2.8%, while the S&P 500 ( SP500 ) gained 2.5% and the Dow Jones Industrial Average ( DJI ) advanced 2.8%. Now, here are three focus points for ...
primeimages Wall Street finished solidly higher on Wednesday after President Donald Trump agreed to delay planned military strikes on Iran for two weeks, contingent on the reopening of the Strait of Hormuz. The tech-heavy Nasdaq Composite ( COMP:IND ) rose 2.8%, while the S&P 500 ( SP500 ) gained 2.5% and the Dow Jones Industrial Average ( DJI ) advanced 2.8%. Now, here are three focus points for investors on Thursday: Traders will be closely watching the upcoming PCE price index report, as investors look for fresh insight into underlying inflation trends and the trajectory of consumer prices. The data will be scrutinized for signs of easing price pressures or persistent inflation, which could shape expectations around consumer spending and the Federal Reserve’s policy path. Investors will remain focused on ongoing developments out of the Middle East, as tensions between the U.S. and Iran stay elevated following President Trump’s national address on Wednesday night. Market participants will also be monitoring the upcoming initial jobless claims report, as investors look for fresh insight into labor market conditions and the pace of layoffs. The data will be scrutinized for signs of softening or continued stability in employment trends, which could influence expectations around consumer resilience and overall economic momentum. Investors will further be watching developments surrounding Middle East tensions, particularly the evolving dynamic between the U.S. and Iran following the announcement of a conditional two-week ceasefire. The situation will be observed for signs of stability or renewed escalation, especially around the reopening and security of the Strait of Hormuz, which remains critical to global energy flows and market sentiment. More on markets VIX falls below 20 for the first time since the conflict began in the Middle East Why this oil rally isn’t crashing stocks—Deutsche Bank breaks it down Ceasefire uncertainty looms large as prediction markets signal...
May NY world sugar #11 (SBK26 ) on Wednesday closed down -0.35 (-2.40%), and May London ICE white sugar #5 (SWK26 ) closed down -6.40 (-1.49%). Sugar prices extended their week-long slide on Wednesday, falling to 3-week lows. Wednesday's 16% plunge in crude oil prices (CLK26 ) weighed on sugar...
May NY world sugar #11 (SBK26 ) on Wednesday closed down -0.35 (-2.40%), and May London ICE white sugar #5 (SWK26 ) closed down -6.40 (-1.49%). Sugar prices extended their week-long slide on Wednesday, falling to 3-week lows. Wednesday's 16% plunge in crude oil prices (CLK26 ) weighed on sugar...
May arabica coffee (KCK26 ) on Wednesday closed up +7.95 (+2.78%), and May ICE robusta coffee (RMK26 ) closed up +13 (+0.39%). Coffee prices recovered from early losses on Wednesday and moved higher as short covering emerged when the Brazilian real (^USDBRL ) rallied to a 23-month high against the...
May arabica coffee (KCK26 ) on Wednesday closed up +7.95 (+2.78%), and May ICE robusta coffee (RMK26 ) closed up +13 (+0.39%). Coffee prices recovered from early losses on Wednesday and moved higher as short covering emerged when the Brazilian real (^USDBRL ) rallied to a 23-month high against the...
(RTTNews) - Canadian stocks surged on Wednesday as investor sentiments received a boost after the U.S. and Iran agreed to halt their mutual attacks for a two-week period and explore a framework for negotiations to end hostilities.
(RTTNews) - Canadian stocks surged on Wednesday as investor sentiments received a boost after the U.S. and Iran agreed to halt their mutual attacks for a two-week period and explore a framework for negotiations to end hostilities.
GarryKillian/iStock via Getty Images Northrop Grumman ( NOC ) and 4iG Space and Defence Technologies on Tuesday said they began work on a geosynchronous satellite that will serve as Hungary’s first domestically controlled communications platform. (left to right): Steve O’Bryan, corporate vice president and global business development officer, Northrop Grumman; Dorothy Mayhew, deputy chief of missi...
GarryKillian/iStock via Getty Images Northrop Grumman ( NOC ) and 4iG Space and Defence Technologies on Tuesday said they began work on a geosynchronous satellite that will serve as Hungary’s first domestically controlled communications platform. (left to right): Steve O’Bryan, corporate vice president and global business development officer, Northrop Grumman; Dorothy Mayhew, deputy chief of mission of the United States; Troy Brashear, vice president, space international growth, Northrop Grumman; Márton Nagy, national economy minister of Hungary; István Sárhegyi, CEO, 4iG Space and Defence Technologies; Gellért Jászai, ambassador extraordinary and plenipotentiary and Chairman of 4iG. (4iG Space and Defence Technologies) The satellite is expected to provide secure Ka-band connectivity for both government and commercial users across the region, marking a step toward greater national control over critical communications infrastructure. GEOStar-3 platform selected for mission The spacecraft will be based on Northrop Grumman’s GEOStar-3 platform, a widely used satellite bus that has supported more than 50 missions globally. The platform is commonly deployed for both military and commercial communications systems, offering a standardized architecture designed for geosynchronous orbit operations. Subheading: Agreement builds on earlier cooperation framework The project follows a previously signed memorandum of understanding between the two companies covering broader collaboration in space and defense programs. Company representatives indicated the partnership combines Northrop Grumman’s manufacturing capabilities with 4iG’s regional role, with the goal of delivering a system aligned with Hungary’s security and communications needs. Subheading: Focus on secure regional connectivity The satellite is intended to support secure data transmission across Central and Eastern Europe, reflecting growing demand among governments for independent and resilient communications systems. ...
Huachen AI Parking ( HCAI ) on Wednesday said that it will implement a 1-for-30 reverse stock split of its Class A and Class B shares, effective April 13, subject to Nasdaq approval. The company said the move is intended to increase its share price to help maintain compliance with Nasdaq’s minimum bid requirement. Its Class A shares will continue to trade under the ticker “HCAI.” Following the spl...
Huachen AI Parking ( HCAI ) on Wednesday said that it will implement a 1-for-30 reverse stock split of its Class A and Class B shares, effective April 13, subject to Nasdaq approval. The company said the move is intended to increase its share price to help maintain compliance with Nasdaq’s minimum bid requirement. Its Class A shares will continue to trade under the ticker “HCAI.” Following the split, every 30 shares will be consolidated into one, reducing Class A shares outstanding to about 629,167 from roughly 18.9 million and Class B shares to about 533,333 from 16 million. The par value of both share classes will increase to $0.0000375, and the total number of authorized shares will be reduced accordingly, the company said. Fractional shares will be rounded up to the nearest whole share. The reverse split was authorized by shareholders in December, with the board approving the 1-for-30 ratio on March 24. The company will also adopt a new CUSIP number, while retaining its existing ticker symbol. Source: Press Release More on Huachen AI Parking Management Technology Holding Co., Ltd Financial information for Huachen AI Parking Management Technology Holding Co., Ltd
Dynatrace ( DT ) on Wednesday said it would acquire Bindplane, a company whose open-standards-based telemetry pipeline helps organizations capture and manage data at scale. Financial terms of the deal were not disclosed. Bindplane's technology optimizes and governs telemetry at the edge to improve data quality, reduce ingest costs, and enhance compliance through the removal, masking, and encryptio...
Dynatrace ( DT ) on Wednesday said it would acquire Bindplane, a company whose open-standards-based telemetry pipeline helps organizations capture and manage data at scale. Financial terms of the deal were not disclosed. Bindplane's technology optimizes and governs telemetry at the edge to improve data quality, reduce ingest costs, and enhance compliance through the removal, masking, and encryption of sensitive data. Bindplane also provides a natural transition path from legacy monitoring tools to modern, cloud‑native observability. The transaction is expected to close later this month and is not expected to have a material impact on Dynatrace’s FY’27 financial results. Source: Press Release More on Dynatrace Dynatrace, Inc. (DT) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Dynatrace: Growth Should Start To Accelerate Dynatrace Is Still Growing Quickly Despite A Conservative Valuation Dynatrace targets $2B ARR in fiscal 2026 as AI-powered observability momentum accelerates Dynatrace beats top-line and bottom-line estimates; initiates Q4 and updates FY26 outlook
Costco Wholesale Corporation ( COST ) on Wednesday reported net sales of $28.41B for the retail month of March, implying an increase of 11.3% from $25.51B last year. The company said comparable sales for the retail month of March, the five weeks ended April 5, 2026, were up 9.4%, including an 8.7% increase in the U.S., a 10.7% rise in Canada, and an 11.9% gain for other international markets. E-co...
Costco Wholesale Corporation ( COST ) on Wednesday reported net sales of $28.41B for the retail month of March, implying an increase of 11.3% from $25.51B last year. The company said comparable sales for the retail month of March, the five weeks ended April 5, 2026, were up 9.4%, including an 8.7% increase in the U.S., a 10.7% rise in Canada, and an 11.9% gain for other international markets. E-commerce comparable sales shot up 23.3% for the month. After stripping out the impact of foreign exchange and gas prices, comparable sales were up 6.2% during the month, including an increase of 6.2% in the U.S. The firm said net sales for the first 31 weeks were $173.26B, an increase of 9.1% from $158.87B last year. Costco currently operates 928 warehouses, including 637 in the United States and Puerto Rico , 115 in Canada , 42 in Mexico , 37 in Japan , 29 in the United Kingdom , 20 in Korea , 15 in Australia , 14 in Taiwan , seven in China , five in Spain , three in France , two in Sweden , and one each in Iceland , and New Zealand . Costco also operates e-commerce sites in the U.S. , Canada , the U.K. , Mexico , Korea , Taiwan , Japan and Australia . Shares of Costco ( COST ) declined 0.52% in postmarket trading to $1,024.92, while shares are up more than 18% on a year-to-date basis. Source: Press release More on Costco Costco: Not Attractive For New Investors Costco Stock Deep Dive: Vibecession Winner Or Overpriced Recession Insurance Costco: A Likely Outperformer Based On The Business Model, Despite Disruptions Sam's Club raises its annual membership fees - matches BJ's, still lower than Costco Costco creates some buzz in the energy drink market
My Photo Buddy The Oregon Court of Appeals ruled Wednesday in favor of Berkshire Hathaway's ( BRK.B ) ( BRK.A ) PacifiCorp utility over a series of Oregon wildfires in 2020, saying a trial judge erred in letting litigation against the company proceed as a class action that has exposed it to billions of dollars in potential losses, Reuters reported. A three-judge panel returned the case to the Mul...
My Photo Buddy The Oregon Court of Appeals ruled Wednesday in favor of Berkshire Hathaway's ( BRK.B ) ( BRK.A ) PacifiCorp utility over a series of Oregon wildfires in 2020, saying a trial judge erred in letting litigation against the company proceed as a class action that has exposed it to billions of dollars in potential losses, Reuters reported. A three-judge panel returned the case to the Multnomah County Circuit Court after saying the trial judge in a 2023 jury verdict made an error with an instruction to the jury that was "prejudicial to PacifiCorp." Jurors found the company grossly negligent for igniting the 2020 fires that destroyed thousands of properties after failing to shut off electricity in its service areas ahead of dangerously dry and windy weather. A lawyer for the plaintiffs called the decision a "procedural setback" that did not address the merits of his clients' negligence claims; PacifiCorp said it is "sensitive to the profound losses" suffered by fire victims, and remained open to resolving reasonable claims. "There are no winners in wildfire, however the court's decision supports our longstanding belief that this process was prejudicial and not appropriate for managing wildfire litigation," the company said. The decision could reduce PacifiCorp's liability from wildfires; Berkshire ( BRK.B ) ( BRK.A ) has estimated the cost could reach tens of billions of dollars, including $1.1B awarded in a series of trials that have already been completed. More on Berkshire Hathaway AGI Bust, AI Boom: Why AI's Winners And Losers Aren't Who You Think Berkshire Hathaway: Why I Set A $450 Limit Buy Order Berkshire Hathaway: Reading Into The New CEO's First Steps