Alexandra Marill

Crown Castle Soars on SpaceX News as Record Oil Prices Plunge Delta Air Lines

Crown Castle shares surged following reports of cell tower talks with SpaceX, providing a stark contrast to the broader market where Delta Air Lines and the aviation sector tumbled under the weight of historically high oil prices.

October 23, 2026 at 11:41 am EDT

Elon Musk reportedly invested $1 billion in Skydance

The billionaire is said to have participated in a fundraising effort to finance the development of the new group, created after the merger of Paramount and Warner Bros. Discovery.

October 23, 2026 at 06:13 am EDT

Rolls-Royce nears government subsidy deal to develop short-haul plane engines

The car and aircraft engine manufacturer would use the $267m invested to develop its UltraFan 30 engine, designed for short-haul planes. The company's chief executive Tufan Erginbilgiç added this project could create 40,000 jobs.

October 23, 2026 at 06:00 am EDT

Spotify exceeds forecasts, Carpenter Technology's shares plummet

While Spotify hit 306 million premium subscribers and Lockheed Martin responded to strong demand for air-defense systems, Carpenter Technology's share price plunged after its 2027 fiscal first-quarter revenue fell short of Wall Street's expectations.

October 22, 2026 at 12:07 pm EDT

AI Leaders Rally, Service Giants Retrench

AI infrastructure, SpaceX and biopharma are posting massive gains, sparked by blowout forecasts from SMCI and clinical wins for Roivant. Rising operational costs and cautious growth outlooks are dragging down Abbott and Netflix.

October 21, 2026 at 12:19 pm EDT

Defense and Financials Rally While GM Tumbles on Guidance

Strong defense demand and earnings beats boosted Northrop Grumman, Equifax, and Hasbro today. Meanwhile, despite solid Q3 numbers, General Motors slid after flagging external headwinds and trimming the midpoint of its upcoming profit projections.

October 20, 2026 at 12:30 pm EDT