NASA Just Gave SpaceX Another $946 Million Boost, Adding 3 More Crew Dragon Missions to the ISS Through 2030
NASA awarded SpaceX three additional crewed Dragon missions, extending its ISS transportation contract through 2030 for $946 million.
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NASA awarded SpaceX three additional crewed Dragon missions, extending its ISS transportation contract through 2030 for $946 million.
The U.S. Department of Defense signed a landmark framework agreement with Lockheed Martin to scale production of the AIM-260 Joint Advanced Tactical Missile (JATM), establishing multi-year procurement commitments. This agreement benefits the broader defense industrial base, including major contractors like Northrop Grumman, RTX, Boeing, and General Dynamics, which supply critical components for missile systems. Geopolitical tensions and global weapon stockpile depletion are driving sustained demand for U.S. missile manufacturing, making defense-focused ETFs attractive for diversified exposure.
https://www.wsj.com/science/space-astronomy/nasa-in-talks-for-boeings-starliner-to-handle-new-missions-5726e1e5
Retail investors talked up 5 stocks during the week (Sept. 14 to Sept.18) on X and Reddit's r/WallStreetBets: INTC, AAPL, NVDA, NBIS, ORCL
Apple and Nvidia lead the Magnificent Seven in total shareholder yield through stock repurchases and dividends at 1.83% and 1.74% respectively. However, massive AI infrastructure investments have significantly reduced free cash flows for most of these companies. Apple's more conservative AI approach and strong capital return plans make it the best choice for yield-seeking investors, while Nvidia faces higher risk from potential AI slowdowns despite strong recent cash generation.
A US congressman sold some Magnificent Seven stocks and replaced them with a couple consumer staples. Here's the trades.