Hong Kong police will launch a two-week citywide crackdown on distracted driving and jaywalking after the number of people killed in traffic accidents jumped by more than 40 per cent year on year in the first five months of 2026. The force said on Thursday that 51 people died in traffic accidents between January and May 31, up by 42 per cent from the same period last year. Pedestrians accounted fo...
Hong Kong police will launch a two-week citywide crackdown on distracted driving and jaywalking after the number of people killed in traffic accidents jumped by more than 40 per cent year on year in the first five months of 2026. The force said on Thursday that 51 people died in traffic accidents between January and May 31, up by 42 per cent from the same period last year. Pedestrians accounted for about half of the fatalities. According to police, jaywalking and inattentive driving were among...
CPI Aerostructures ( CVU ) on Thursday said it had secured a life-of-program supply agreement from Embraer ( EMBJ ) to manufacture engine air inlet assemblies for the Phenom 100EX business jet. The first assemblies produced by CPI Aero were delivered to Embraer in May 2026, the company said. The contract expands CPI Aero's work on Embraer's Phenom aircraft family and will supplement its existing p...
CPI Aerostructures ( CVU ) on Thursday said it had secured a life-of-program supply agreement from Embraer ( EMBJ ) to manufacture engine air inlet assemblies for the Phenom 100EX business jet. The first assemblies produced by CPI Aero were delivered to Embraer in May 2026, the company said. The contract expands CPI Aero's work on Embraer's Phenom aircraft family and will supplement its existing program supplying engine inlet assemblies for the Phenom 300E. Financial terms of the agreement were not disclosed. Source: Press Release More on CPI Aerostructures, Embraer Embraer: The 9% Pullback Still Doesn't Offer A Good Entry Embraer Q1: Not The Blowout Quarter I Expected, But Still A Buy Embraer S.A. (EMBJ) Q1 2026 Earnings Call Transcript CPI Aero unit wins follow-on Northrop contract for E-2D Hawkeye assemblies Eve Air mobility advances air taxi testing toward transition flights
(RTTNews) - While reporting financial results for the first quarter on Thursday, The Toro Company (TTC) raised its adjusted earnings and net sales guidance for the full-year 2026, based on the better-than-expected first-quarter performance, , while also reflecting the persistent
(RTTNews) - While reporting financial results for the first quarter on Thursday, The Toro Company (TTC) raised its adjusted earnings and net sales guidance for the full-year 2026, based on the better-than-expected first-quarter performance, , while also reflecting the persistent
Oracle (ORCL) stock dropped 5.83% yesterday as investors grew anxious over soaring AI infrastructure costs and locked in gains, snapping a massive three-day rally that had driven shares to annual highs. With the stock now hovering around $230, is it still a smart buy.
Oracle (ORCL) stock dropped 5.83% yesterday as investors grew anxious over soaring AI infrastructure costs and locked in gains, snapping a massive three-day rally that had driven shares to annual highs. With the stock now hovering around $230, is it still a smart buy.
(RTTNews) - Following the pullback seen in the previous session, stocks may see further downside in early trading on Thursday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.3 percent.
(RTTNews) - Following the pullback seen in the previous session, stocks may see further downside in early trading on Thursday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.3 percent.
The headline news is that Vanguard S&P 500 Index ETF (NYSEMKT:VOO) has surpassed $1 trillion in assets. That's a big number, but what does it really mean for the exchange-traded fund (ETF)? Here's a look at how Vanguard S&P 500 Index ETF got so big and what investors really need to care about when looking at this ETF. (Hint: The size of the ETF isn't what's most important.) Before getting to Vangu...
The headline news is that Vanguard S&P 500 Index ETF (NYSEMKT:VOO) has surpassed $1 trillion in assets. That's a big number, but what does it really mean for the exchange-traded fund (ETF)? Here's a look at how Vanguard S&P 500 Index ETF got so big and what investors really need to care about when looking at this ETF. (Hint: The size of the ETF isn't what's most important.) Before getting to Vanguard S&P 500 Index ETF, you need to know about the S&P 500 index (SNPINDEX:^GSPC) . The S&P 500 index is meant to track the broader U.S. economy. It contains roughly 500 stocks selected by a committee. The selected companies are generally large and economically important. A market-cap-weighted system is used, so the largest companies have the greatest impact on the index's performance, both on the upside and the downside. Generally speaking, the S&P 500 has become the de facto representation of "the market." It is actually a fairly well-constructed index, though the market-cap-weighted approach often leads to unbalanced sector weightings. For example, today's strong technology sector has pushed this single sector to 35% of the index, nearly three times the size of the next closest sector (financials at 12%). The lofty valuations in the tech sector, meanwhile, have pushed the S&P 500's average price-to-earnings ratio to a fairly high 27.4x. Continue reading
Mario Tama/Getty Images News Visa ( V ) is collaborating with Brale to explore stablecoin-based settlement of institutional payments using SBC ( SBC-USD ), a U.S. dollar-backed stablecoin issued by Brale, on the Canton Network, the companies said Thursday. The project will evaluate how privacy-enabled blockchain infrastructure can support faster, more programmable settlement while helping financia...
Mario Tama/Getty Images News Visa ( V ) is collaborating with Brale to explore stablecoin-based settlement of institutional payments using SBC ( SBC-USD ), a U.S. dollar-backed stablecoin issued by Brale, on the Canton Network, the companies said Thursday. The project will evaluate how privacy-enabled blockchain infrastructure can support faster, more programmable settlement while helping financial institutions and payment companies control the visibility of sensitive settlement transaction data. Visa ( V ) stock rose 1.3% in premarket trading. Key to the collaboration is the use of the Canton Network's privacy architecture. Unlike many public blockchain networks, Canton is designed to allow participants to transact on shared infrastructure while limiting the visibility of sensitive transaction information, the companies said. Through the alliance with Brale, Visa ( V ) plans to evaluate support for SBC ( SBC-USD ) as an additional stablecoin option for institutional settlement use cases. " Through our work with Brale, we’re exploring how SBC on the Canton Network can support institutional settlement use cases that require both programmability and privacy controls," said Cuy Sheffield , head of Crypto at Visa ( V ). "This collaboration helps us evaluate what it takes to bring these capabilities into production environments." More on Visa Visa: Not Cheap, But Still Undervalued For A Business This Good Visa Inc. (V) Presents at 2026 Baird Global Consumer, Technology & Services Conference Transcript Visa: Why Trailing The Equity Market Seems The Most Likely Scenario Ahead Visa, Mastercard transactions in Cuba to be suspended, central bank says Stripe, Visa, Mastercard reportedly working on new stablecoin platform; payment stocks down
Brandon Moser/iStock Editorial via Getty Images Rocket Lab Corporation ( RKLB ) just delivered the kind of quarter that growth investors can’t get enough of. Revenue jumped 63.5% year over year to $200.3 million, gross margin on a GAAP basis expanded to 38.2%, and backlog climbed to $2.2 billion. The business is also becoming more diversified, with Space Systems now accounting for roughly 68% of q...
Brandon Moser/iStock Editorial via Getty Images Rocket Lab Corporation ( RKLB ) just delivered the kind of quarter that growth investors can’t get enough of. Revenue jumped 63.5% year over year to $200.3 million, gross margin on a GAAP basis expanded to 38.2%, and backlog climbed to $2.2 billion. The business is also becoming more diversified, with Space Systems now accounting for roughly 68% of quarterly revenue, while Launch Services continues to provide strategic leverage through Electron, HASTE, and eventually Neutron. That combination has lit a fire under the stock. Since the latest earnings report, Rocket Lab shares have surged around 46% as investors appear to be pricing in faster revenue growth, stronger margin expansion, and a bigger role for the company in defense, hypersonics, national security space, and medium-lift launch. Yet the stock’s valuation has moved well ahead of today’s fundamentals. In fact, some of the biggest catalysts in the bull case, e.g., Neutron, still depend on it actually lifting off. Rocket Lab’s opportunity is real. But so are the risks. Spoiler: I’m still rating Rocket Lab stock a Strong Buy. Here’s why. What happened in Q1? Headlining Rocket Lab’s Q1 FY’26 report are improved revenue, gross margins, and adjusted EBITDA. The top line reached $200.3 million , up 63.5% year-over-year and hitting the upper range of guidance. Segment Q1 2026 revenue Share of total revenue Space Systems $136.7 million 68.2% Launch Services $63.7 million 31.8% Total $200.3 million 100% Click to enlarge Broken down by segment, Space Systems is the primary driver at ~68%. Launch still creates strategic leverage by opening up Rocket Lab’s services to customers, particularly in the defense ecosystem, but spacecraft, subsystems, payloads, and components account for a larger share of sales this quarter. Meanwhile, gross margin is now 38.2%, which exceeded guidance by 220 basis points. For comparison, Redwire ( RDW ), arguably Rocket Lab’s closest competitor, ...