Today: 3 May 2026
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LSE:CWR 27 November 2025

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  • RTX Corporation Stock Dips 13% in Three Months Amid Strong Backlog and Defence Demand
    May 3, 2026, 4:45 AM EDT. RTX Corporation (NYSE: RTX) shares have dropped 13.41% over three months, pressured by macroeconomic concerns and sector rotation. Despite this, the company reported solid Q1 2026 results with $22.3 billion revenue growth, buoyed by Pratt & Whitney's engine production expansion and Raytheon's record defense orders. Rising NATO defense budgets and Iran conflict-related demand are boosting RTX's backlog. Analysts maintain a Buy consensus and anticipate upside from current levels near $196 towards $204-$225. A recent $0.73 quarterly dividend confirms strong financial health. Risks include ongoing Pratt & Whitney engine remediation potentially delaying production. Overall, the stock's recent weakness contrasts with underlying fundamental strength and a positive long-term outlook.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 03.05.2026

3 May 2026
Rivian shares fell 8.4% to $15.02 after first-quarter results beat expectations, as investors focused on cash burn and profitability concerns. Trading volume jumped 78% above average. The company plans to ramp up R2 SUV production in Georgia to 300,000 units annually. Tesla and Lucid Group shares both rose more than 2%.
Vertiv Stock Tests AI Data-Center Rally as VRT Shares Hit Fresh Highs

Vertiv Stock Tests AI Data-Center Rally as VRT Shares Hit Fresh Highs

3 May 2026
Vertiv shares hit a 52-week high Friday before closing at $328.31, following a 30% jump in Q1 net sales to $2.65 billion. The company raised its 2026 outlook and recently acquired Strategic Thermal Labs, expanding its liquid cooling portfolio. Investors await further details at Vertiv’s May 19-20 conference in South Carolina.
AT&T Inc. Raises $6 Billion as 5G and Fiber Bet Enters a Debt Test

AT&T Inc. Raises $6 Billion as 5G and Fiber Bet Enters a Debt Test

3 May 2026
AT&T closed a $6 billion sale of long-dated notes on April 30, with maturities ranging from 2033 to 2066, according to an SEC filing. The company reported first-quarter free cash flow of $2.5 billion, down from $3.1 billion a year earlier, citing higher capital investment. AT&T is preparing to close a $23 billion purchase of EchoStar spectrum licenses. CFO Pascal Desroches said net debt to adjusted EBITDA rose to 2.71 times.
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