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Technology Stocks

BlackSky (NYSE: BKSY) bags 10-year contract from US government

Highlights: BlackSky (NYSE: BKSY) was awarded a 10-year EOCL contract with the US Govt. BlackSky has a market cap of US$343.36 million. BlackSky’s stock price was US$2.8599 at 3:13 pm ET on May 25, 2022. Geospatial intelligence comp...

May 25, 2022 02:43 PM PDT
Team Kalkine Media

Economy

Fed expresses urgency for raising rates in inflation fight

The central bank on Wednesday released the details of their meeting from May 3-4 as it raced to combat the spiraling high inflation that threatened to slow US economic growth. Most participants backed a half-percentage point increase in interest r...

May 25, 2022 02:18 PM PDT
Sanjeeb Baruah

Retail Stocks

Dick’s Sporting Goods Inc (DKS) cuts earnings guidance after sales dip

Dick’s Sporting Goods, Inc.’s (NYSE: DKS) Q1 2022 results on Wednesday showed a decline in its sales. The biggest sporting goods retailer in the US posted earnings per diluted share of US$2.47. The company’s non-GAAP earnings per...

May 25, 2022 11:23 AM PDT
Team Kalkine Media

World News

Biden blames gun lobby after 21 people die in school shooting

Nineteen children and two teachers were killed in a shootout at a Texas school on Tuesday. The lone gunman barged into the Robb Elementary School in Uvalde and opened fire, authorities said. The attacker, identified as high school grader Salvador ...

May 25, 2022 09:10 AM PDT
Rupam Roy