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(RTTNews) – Monday, Raytheon, a business of RTX Corporation (RTX), announced that it has secured a $22.9 billion contract to accelerate the production of Tomahawk cruise missiles for the U.S. Navy as part of the Department of War’s Arsenal of Freedom. With this seven-year contract, RTX will increase capacity and collaborate closely with hundreds of small and mid-sized suppliers nationwide to rapidly scale output to meet long-term needs. The contract also supports the annual production ramp to more than 1,000 Tomahawk missiles and associated support. In pre-market hours, RTX is trading at $225.44, up 1.12 percent on the NYSE.

Key PointsData licensing totaled only 5% of Reddit’s second-quarter revenue.Google and OpenAI value Reddit’s human conversations to train their large language models.Management’s focus is driving user engagement and ad monetization, since licensing deals are small and could disappear if not renewed.10 stocks we like better than Reddit ›Reddit (NYSE: RDDT) just reported its eighth consecutive quarter of revenue growth greater than 60%. But its data-licensing business remains a footnote on the income statement, accounting for only 5% of its $805 million in second-quarter revenue.Data licensing sits inside “other revenue,” which totaled $43 million in the second quarter, up 24% year…

Samsung Research America’s Digital Health Team has presented two AI foundation models designed to learn from wearable biosignals. The work centres on data captured by smartwatches, including heart activity, sleep, and physical activity.The company discussed its Connected Care vision at the Health Forum during Galaxy Unpacked in July 2026. Samsung described a future of preventive, personalised, and connected care, supported by health technology and healthcare partnerships. Its research team positions health foundation models as one component of new consumer health experiences.Sharanya Desai, Head of Digital Health Algorithms at Samsung Research America, said: “This research is significant because it lays the…

An F/A-18F Super Hornet, attached to Strike Fighter Squadron (VFA) 41, prepares to launch from the flight deck of Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72).Courtesy: U.S. NavyA ramp-up in fighting between the U.S. and Iran over the weekend has left Wall Street reconsidering its expectations for the war’s economic impact.The U.S. completed its 10th straight night of strikes against Iran on Monday, after the Houthis in Yemen declared a maritime embargo against Saudi Arabia. This comes after a third service member died amid recent fighting that could mean the war is entering a longer-term and deadlier era. President…

Cotton futures were back to rally mode on Friday, with front month up 116 to 130 points at the close. December was 40 points higher on the week. Crude oil was $1.15 per barrel higher, with the US dollar index $0.320 lower.Commitment of Traders data showed managed money adding another 10,591 contracts to their net long in cotton futures and options during the week ending on August 11. That net long stood at 78,870 contracts on Tuesday, the largest in over 2 years. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.…

AeroVironment stock has rebounded to a crucial resistance level as traders waited for the upcoming earnings, which will shed more color on its growth amid the rising competition in the drone industry. AVAV jumped to $200, its highest swing on July 20th this year.AeroVironment stock has bottomedThe daily chart shows that the AVAV stock formed a double-bottom pattern on $137.76 and a neckline at $200. This pattern means that short sellers are afraid of placing positions below that level.The stock has rebounded above the 50-day Exponential Moving Average (EMA), a sign that bulls have regained control. At the same time,…

3 min read1 hr Exclusive: Wandsworth Council in south London is preparing England’s biggest ever council tax rise, which could be as much as 160 per cent, PoliticsHome understands. If proposals under internal discussion go ahead, the rise will be much larger than the previous record set by Worcestershire Council last year when the Labour government granted it special permission to introduce a 9 per cent hike. Wandsworth, which is Conservative-run after Labour lost control in May, currently has one of the lowest council tax rates in the country, with residents paying around 0.1 per cent of the value of the property they live in per…

Key PointsIf the Invesco QQQ Trust repeats its trailing 10-year performance, investors will grow their starting capital by nearly sevenfold between now and August 2036.Should AI capabilities improve and adoption grow, this ETF is poised to continue being a big winner.The bear case focuses on the chance that growth starts to decelerate for the most dominant tech businesses.10 stocks we like better than Invesco QQQ Trust ›The purest way to play the stock market is to buy individual stocks. However, investing in exchange-traded funds (ETFs) is a fantastic way for investors to gain exposure to specific indices, sectors, or trends.…

Sustainability might make for good marketing, but it doesn’t guarantee financial success.Surveys and spending data alike indicate that many consumers do value sustainability —and, in some categories, are willing to pay a premium. However, that willingness is highly variable, depending on the product, price point, and the type of benefit offered. “Many executives, especially in the consumer-packaged-goods (CPG) sector, find that sustainable products still struggle to capture meaningful market share,” according to an April report from McKinsey.Consumers may say they want sustainable products, but their actions show that comes with serious caveats. The gap between what consumers say about sustainability…

Tesla (TSLA) reported second-quarter vehicle deliveries that comfortably exceeded Wall Street expectations on Thursday, signaling a significant rebound in demand as the electric-vehicle maker navigates an increasingly competitive global market.The company delivered 480,126 vehicles worldwide during the second quarter, according to a statement released Thursday.The result came in well above analyst expectations. FactSet estimates had pointed to deliveries of approximately 409,000 vehicles, while Tesla’s company-compiled consensus forecast stood at roughly 406,000 units.The stronger-than-expected performance marks a notable recovery for Tesla after a challenging period. Vehicle sales came under pressure from slowing electric-vehicle demand, rising competition, and political controversies surrounding Chief…