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Ford Motor Raises 2026 Guidance Following Strong First Quarter Earnings

Key Points: Ford raised its profit outlook for 2026 after crushing Wall Street earnings estimates during the first quarter. The automaker booked a massive $1.3 billion tariff refund after the Supreme Court ruled previous government levies illegal. Total company revenue climbed 6% to reach $43.3 billion despite a 4% drop in wholesale vehicle deliveries. Ford narrowed its electric-vehicle losses to $777 million as sales in...

Boeing Successfully Launches ViaSat-3 F3 Satellite Aboard SpaceX Rocket

Key Points: SpaceX launched the ViaSat-3 F3 satellite on a Falcon Heavy rocket from Florida at exactly 10:13 a.m. Eastern Time. The spacecraft safely separated 5 hours after liftoff to begin climbing to a geostationary orbit 22,000 miles above Earth. The third ViaSat-3 network satellite will supply broadband internet to commercial and defense clients across the Asia-Pacific region. Boeing engineers built the spacecraft on the...

Qualcomm Shares Surge 13% Despite Weak Outlook for Third Quarter

Key Points: Qualcomm beat Wall Street estimates with $10.59 billion in second-quarter revenue and $2.65 in earnings per share. The company expects third-quarter revenue between $9.2 billion and $10 billion, missing the $10.23 billion analyst target. Global smartphone shipments dropped 4.1% to 289.7 million units in the first quarter of 2026. Chief Executive Officer Cristiano Amon will reveal a new data center strategy at the...