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News Powered By AI

Earnings Drag and Geopolitical Headwinds Weigh on Lockheed Martin’s (LMT) Performance

by News Feed Editor | Sep 18, 2026 | Stock Market

Lockheed Martin declined 5.99% over the past month as earnings disappointed and geopolitical factors weighed on the defense contractor’s performance, closing at $537.25 per share on September 16, 2026.

Best Buy beats quarterly estimates and hikes its outlook, but stock falls

by News Feed Editor | Sep 18, 2026 | Stock Market

Best Buy reported better-than-expected fiscal second-quarter results and raised its full-year outlook, though its stock fell approximately 7% on the news.

World’s largest contract chipmaker TSMC sees August revenue surge over 53% to record high

by News Feed Editor | Sep 18, 2026 | Stock Market

Taiwan Semiconductor Manufacturing Co. reported record August revenue of $16.35 billion, reflecting robust demand for AI chips and marking four consecutive months of revenue growth.

Macy’s posts strong results, raises guidance as turnaround begins to take hold

by News Feed Editor | Sep 18, 2026 | Stock Market

Macy’s reported comparable sales growth of 2.7% in its fiscal second quarter and raised full-year guidance, with its Bloomingdale’s subsidiary posting an 11.3% increase in comparable sales.

Bank of America expects third-quarter investment banking fees to fall more than 10%; shares slide

by News Feed Editor | Sep 18, 2026 | Stock Market

Bank of America expects third-quarter investment banking fees to decline more than 10% year-over-year, with trading revenue roughly flat, CEO Brian Moynihan told analysts. The bank’s shares fell 5% following the guidance.

Union Pacific Sees Broad Volume Growth as Fuel Costs Threaten Operating Ratio

by News Feed Editor | Sep 18, 2026 | Stock Market

Union Pacific reported carload volume gains of about 5% and broad industrial volume growth while maintaining service quality, though elevated fuel prices threaten to pressure operating margins.

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RocketNews is a news aggregator covering top stories from around the globe across 17 categories. Stories are gathered from leading news organizations — including the BBC, The Guardian, the Associated Press, NPR, Al Jazeera, and respected industry publications — along with government sources and official releases. Each story is presented without advertising as an original summary produced with Claude AI, with attribution and a link to the original reporting at the source. RocketNews also publishes featured articles from contributing writers. Story selection and summaries are automated.

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