8-K filing — ATI INC (ATI)

ATI (ATI) Soars 4.4%: Is Further Upside Left in the Stock?

ATI (Allegheny Technologies) stock jumped 4.4% to $191.63 on strong volume, driven by optimism in its Aerospace & Defense business. The company expects quarterly earnings of $1.35 per share (+58.8% YoY) and revenues of $1.33 billion (+17.9% YoY), supported by next-generation jet engines and defense demand. However, earnings estimate revisions have been marginally lower over the past 30 days, which could limit further near-term gains.

Nasdaq 100 Rallies as Oil Slides, Yields Retreat: Stock Market Today

Wall Street snapped a two-day losing streak Thursday as oil retreated from its geopolitical spike and the 10-year Treasury yield slipped back below 5%. Chipmakers led the rebound, with Intel, AMD and Micron all posting outsized gains, while gold climbed 2.5% to $4,369 an ounce. The bounce came one day after the Federal Reserve delivered its first interest rate hike since 2023 and signaled at least one more this year.

The Global Market for Space Materials 2026-2036 Report Now Available, Tracks the Shift to 60,000+ Satellites by 2036 as Launch Costs Fall Below $1,500/kg

A comprehensive market report forecasts significant growth in space materials demand through 2036, driven by mega-constellations (60,000+ satellites), reusable launch systems, lunar missions, and defense space initiatives. The market faces supply chain vulnerabilities in critical materials like ADN, xenon, and carbon fiber, while geopolitical export controls increasingly shape supplier selection alongside traditional cost and performance metrics.

Shares of aerospace and defense companies are trading lower. Reports suggest that Deputy Defense Secretary Steve Feinberg signed a memo proposing a software tool that would give the government direct access to defense companies' financial systems, potentially impeding commercial and nontraditional firms from doing business with the Pentagon.