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- Is Now a Good Time to Buy Lockheed Martin?
Lockheed Martin reported third-quarter results on October 22, with sales up 11% to $20.7 billion and earnings per share of $7.97, nearly $0.50 above analysts' expectations. The company raised its full-year outlook, now expecting sales above $80 billion and free cash flow of $7.8 billion to $8 billion, and increased its dividend for a 24th consecutive year. Backlog grew 27% to $292 billion, including multiyear deals for PAC-3 interceptors and 850 F-35 jets. The author argues the stock, though up more than 20% year to date, remains a solid choice for long-term investors, citing its backlog, guidance and steadily growing dividend, which yields about 2.5%.
- Why Lockheed Martin Stock Soared Today
Lockheed Martin shares rose 6.96% on Thursday after the company said its contract backlog grew to $292 billion. Third-quarter sales climbed 11% year over year to $20.7 billion, and net earnings rose 14% to $1.8 billion, or $7.97 per share, above the $7.52 analysts had projected. Operating cash flow was $3.4 billion and free cash flow was $3 billion, and the shares yield about 2.4%. For 2026, Lockheed expects full-year sales of roughly $81 billion and EPS of $30.35 to $30.75, and it also announced a 10-year deal with the Defense Department to expand F-35 production.
- Lockheed Martin Corporation Q3 2026 Earnings Call Summary
- Lockheed Martin Rises 9% as Record Backlog Lifts Outlook; RTX Gains 2%, Northrop Grumman Advances 3%
Lockheed Martin shares rose 9% to $602.75 on Thursday after third-quarter results beat estimates and the company raised its 2026 outlook, supported by a record backlog of $292 billion. Sales reached $20.7 billion, up 11%, with earnings of $7.97 per share and free cash flow of $3.0 billion, while Missiles and Fire Control revenue jumped 24% on higher PAC-3 and THAAD production. The backlog includes roughly $52.5 billion tied to a multi-year PAC-3 interceptor award, and a 10-year framework with the U.S. Department of War covers 850 F-35 aircraft, though it is not yet a finalized contract. RTX rose 2% to $195.54 and Northrop Grumman gained 3% to $553.29, while the aerospace and defense ETF edged up 0.21% as the S&P 500 ETF fell 0.82%. The article notes that the sector's gains reflected broader interest rather than company-specific news from peers, and that defense stocks remain sensitive to budget cycles and contract timing.
- Why Northrop Grumman Stock Rallied Today
Northrop Grumman shares rose more than 4% on Tuesday after the company highlighted growing demand for its national security products. Third-quarter sales grew 7% to $11.1 billion, led by a 14% rise in aeronautics systems to $3.6 billion and a 12% increase in defense systems to $2.3 billion. Net earnings rose 2% to $1.1 billion, or $7.89 per share, beating analysts' expectation of $7.18. The company booked $16.4 billion in net awards, lifting its backlog to $109.6 billion, and expects 2026 net sales of $44 billion. The article links the trend to conflicts in Ukraine and the Middle East prompting the U.S. and its allies to boost defense spending.
- Could Investing $5,000 in Redwire Stock Make You a Millionaire?
Redwire shares, which listed via a SPAC merger, are down about 21% over the past five years despite brief rallies. In the second quarter, revenue jumped roughly 89% to a record $117.1 million, and the backlog reached $542.1 million. The defense technology segment, boosted by the 2025 acquisition of Edge Autonomy, surged to $61.9 million, and the article argues this business will drive most of future growth. Gross margin improved from negative 30.9% to 27.8%, while the operating loss narrowed from $91.9 million to $22.1 million. The article notes Redwire is still far from sustainable profitability and that the trend may depend on sustaining performance after acquisitions.
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- Sundar Pichai Reported Alphabet's Cloud Revenue Grew 82% Last Quarter While the Gemini App Reached 950 Million Monthly Users. Is Google Cloud Becoming a Bigger Growth Driver Than Search?
Google Cloud revenue for the latest quarter rose 82% year over year to $24.8 billion, adding $11.2 billion amid heavy AI infrastructure spending. Google Search grew more slowly, up 17% to $63.3 billion, but its $9.1 billion increase was smaller than Cloud's, so the author argues Cloud now matters more to Alphabet's revenue growth than Search. The author sees chatbots such as ChatGPT and Claude, along with Gemini (950 million monthly active users), as a real risk to search volumes and ad revenue, but notes Gemini also underpins Alphabet's services, including AI summaries in Search. Total Alphabet revenue grew 23% year over year last quarter.
- What To Expect In Markets This Week: GOOGL, MSFT, AMZN, INTC, HOOD, LLY Earnings, Fed Meeting And More
This week brings a heavy earnings slate: Alphabet and Microsoft report after the close on Wednesday and Amazon on Thursday, with investors focused on cloud performance, AI monetization and capital expenditure. Fiscal.ai data show expected quarterly EPS of $3 on $127.83 billion in revenue for Alphabet, $4.72 on $90.75 billion for Microsoft, $1.96 on $202.2 billion for Amazon, and $0.4 on $16.47 billion for Intel. The Fed is widely expected to keep its benchmark rate at 3.75%-4% after September's 25-basis-point hike, with CME FedWatch showing 90% odds of no change. The September PCE report, due Thursday, is expected to show a 0.5% seasonally adjusted monthly rise (core 0.3%) and 3.7% annual growth (core 3.1%).
- Alphabet Stock Is Up 26.5% Over the Past Year. Still a Buy at $320?
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- President Trump Says ‘Denmark Has Given Greenland to the US’
U.S. President Donald Trump, speaking at a Republican rally in Georgia on October 24 local time, said Denmark had given Greenland to the U.S. and that the U.S. now had both Greenland and Venezuela, calling them the biggest real estate deals in history. The article notes that no information has confirmed any transfer of either territory. A U.S.–Denmark memorandum signed on October 22 on maritime industrial cooperation expressly excludes Greenland and the Faroe Islands and does not change Greenland's legal status or Denmark's sovereignty over the island. On October 13, Trump also said large-scale oil, gas and mineral exploration in Greenland was about to begin, stressing the island's strategic value for U.S. and European security.
- Seven Answers to One Question: Who Decides Whether Your Agent Can Pay?
The article argues that control over whether an AI agent can make payments has moved upstream into authorization artifacts such as contracts, directory registrations and tokens, which whoever owns them can meter, gate or revoke. Between October 13 and 16, 2026, JPMorgan Chase, Bank of America, Citi, Schwab and Wells Fargo moved to restrict agents, with four hard blocks and one contract rewrite; Schwab says it blocks agents “in the tens and twenties” each week. Wells Fargo's Online Access Agreement, effective November 24, 2026, deems agent-initiated instructions and transactions authorized by the customer in advance and disclaims any duty to monitor agent activity. By contrast, a Visa, BILL and Billtrust pilot launched on October 20, 2026 executes only payments already approved by the buyer, with registered agents authenticating through Visa's Trusted Agent Protocol and Agentic Directory.
- Draft Housing Law (amended): Tightening conditions for transferring social housing
The Government's draft amended Housing Law tightens rules on reselling social housing after 5 years to prevent policy exploitation. Under the draft, once the full purchase price is paid and 5 years have passed, owners may resell social housing only to people eligible for social housing support, whereas the current law allows market-based transfers with no restriction on buyers. For rent-to-own social housing, a tenant who no longer needs the unit may have to terminate the contract and return the home, rather than transfer it freely as under current rules. Sales, rent-to-own and lease transactions for social housing would also need to be recorded in the national housing and real estate market information and database system.
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