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

Fed expresses urgency for raising rates in inflation fight
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...

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

Biden blames gun lobby after 21 people die in school shooting
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 ...

Elon Musk envisages a 24-hr Tesla Restaurant for Hollywood
World News

Elon Musk envisages a 24-hr Tesla Restaurant for Hollywood

Highlights: Tesla chief executive Elon Musk planning a 24-hour restaurant for Hollywood. Elon Musk submitted papers to the City of Los Angeles on May 19 for his futuristic restaurant. Tesla stocks fared badly in the past month with a 22% dip.&...