Latest news with #RTX
Yahoo
a day ago
- Business
- Yahoo
Analyst Think Rtx (RTX) Among Top Beneficiaries of Increasing Defense Budgets
Rtx Corp (NYSE:RTX) is one of the . Citi's Jason Gursky said in a recent program on CNBC that increasing defense budgets in the US and Europe are likely to help several major defense companies, including Rtx Corp (NYSE:RTX). 'It's hard not to like both defense and aerospace. Heading into earnings next week, we're particularly constructive on defense names. Rising budgets in the U.S. and Europe are providing strong visibility for these companies.' Asked which companies stand to benefit the most from Congress's defense policy bill, the analyst named Rtx Corp (NYSE:RTX) among the companies positioned to benefit 'front and center.' 'Honestly, I think it's a rising tide for everyone. But if you look at the president's priorities—air and missile defense, Iron Dome, etc.—the key beneficiaries are the missile makers. RTX and Northrop are front and center.' Photo by Somchai Kongkamsri from Pexels ClearBridge Large Cap Value Strategy stated the following regarding RTX Corporation (NYSE:RTX) in its Q1 2025 investor letter: 'In industrials, defense names RTX Corporation (NYSE:RTX) and Northrop Grumman led performance as geopolitical tensions remained elevated. Both companies have moved away from fixed-price contracts, and as those contracts have diminished as parts of their business, should see margin expansion over the next few years. European countries have also pledged to increase their spending on defense, which, given the lack of capacity available for European defense companies, should benefit U.S. defense primes.' While we acknowledge the potential of RTX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
2 days ago
- Business
- Yahoo
Not Lockheed Martin Corporation (LMT) But RTX, Say A Lot Of People According To Jim Cramer
We recently published . Lockheed Martin Corporation (NYSE:LMT) is one of the stocks Jim Cramer recently discussed. Lockheed Martin Corporation (NYSE:LMT) is a key American defense contractor when it comes to the aerospace industry. Its fighter aircraft form the backbone of US air superiority. The shares have lost 11.9% year-to-date on the back of a major 10.8% dip in July after its Q2 profit dipped by a whopping 80% on the back of a classified $1.6 billion loss on a classified aeronautics project. Lockheed Martin Corporation (NYSE:LMT)'s Q2 revenue of $18.16 billion also missed analyst estimates of $18.57 billion. No wonder Cramer made the following remarks about the firm: 'RTX, by the way, pushed by a number of people, saying that's the defense stock you want to be in, not Lockheed Martin.' Source: Pexels Previously, Cramer had advised viewers to stay long on Lockheed Martin Corporation (NYSE:LMT): 'I like Lockheed Martin too much to tell you to do that. Every time I see Jim Taiclet, I say to myself, why does anyone want to sell that stock with a 3% yield and a great book of business and a terrific CEO? No, you stay long, Lockheed Martin.' While we acknowledge the potential of LMT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Not Lockheed Martin Corporation (LMT) But RTX, Say A Lot Of People According To Jim Cramer
We recently published . Lockheed Martin Corporation (NYSE:LMT) is one of the stocks Jim Cramer recently discussed. Lockheed Martin Corporation (NYSE:LMT) is a key American defense contractor when it comes to the aerospace industry. Its fighter aircraft form the backbone of US air superiority. The shares have lost 11.9% year-to-date on the back of a major 10.8% dip in July after its Q2 profit dipped by a whopping 80% on the back of a classified $1.6 billion loss on a classified aeronautics project. Lockheed Martin Corporation (NYSE:LMT)'s Q2 revenue of $18.16 billion also missed analyst estimates of $18.57 billion. No wonder Cramer made the following remarks about the firm: 'RTX, by the way, pushed by a number of people, saying that's the defense stock you want to be in, not Lockheed Martin.' Source: Pexels Previously, Cramer had advised viewers to stay long on Lockheed Martin Corporation (NYSE:LMT): 'I like Lockheed Martin too much to tell you to do that. Every time I see Jim Taiclet, I say to myself, why does anyone want to sell that stock with a 3% yield and a great book of business and a terrific CEO? No, you stay long, Lockheed Martin.' While we acknowledge the potential of LMT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
3 days ago
- Business
- Associated Press
Remittix Confirms Q3 2025 Beta Wallet Launch with Solana and Ethereum Support, Presale Surpasses $17.3 Million
KOŠICE, Slovakia, July 26, 2025 (GLOBE NEWSWIRE) -- Remittix (RTX), a crypto payments project focused on practical financial utility, has officially announced the Q3 2025 launch of its beta wallet featuring Solana and Ethereum integration. The news follows strong momentum in its presale phase, which has now exceeded $17.3 million in contributions and 573 million tokens sold. The Remittix Wallet aims to bridge digital and real-world payments, offering users an easy-to-use platform for low-fee transfers, multi-chain compatibility, and a future rollout of crypto-to-fiat functionality. Beta Wallet Release Set for Q3 2025 The Remittix beta wallet is built to serve individuals looking for simplified digital payments without the burden of excessive fees or complex conversion systems. At launch, it will support Ethereum and Solana, two leading blockchain networks known for speed, scalability, and strong developer ecosystems. Key wallet features include: 'The upcoming wallet release is a foundational step toward enabling seamless, real-world crypto payments for a global user base,' said a Remittix spokesperson. Crypto-to-Fiat Payments on the Horizon Following the wallet beta release, Remittix plans to introduce crypto-to-fiat conversion tools that will allow users to spend RTX and other assets in real time—without centralized exchanges or third-party apps. This feature is expected to support use cases such as: The goal is to make everyday transactions with digital assets as intuitive and immediate as traditional payment methods. Growing Community and Presale Support Remittix's presale continues to gain traction, now surpassing $17.3 million raised with 573 million+ tokens sold. A 50% token bonus remains available to participants for a limited time, alongside a $250,000 giveaway currently open to the public. Project Highlights About Remittix Remittix (RTX) is a crypto payments platform developed to integrate blockchain into everyday life. By offering fast, cost-efficient transactions and building toward instant crypto-to-fiat usability, Remittix aims to empower global users—including freelancers, remote workers, and digital natives—with a modern financial toolkit. The beta wallet launch in Q3 2025 will mark the first major release in its roadmap, with ongoing presale contributions supporting further development. For media inquiries: Visit Remittix Whitepaper & Presale Info Follow Remittix on X for official updates Disclaimer:This content is provided byRemittix. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information do not guarantee any claims, statements, or promises made in this content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press the event of any legal claims or charges against this article, we accept no liability or does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at
Associated Press
3 days ago
- Business
- Associated Press
Remittix Announces Q3 2025 Beta Wallet Launch with Solana Network Support, Raising Over $17.3 Million in Ongoing Presale
KOŠICE, Slovakia, July 26, 2025 (GLOBE NEWSWIRE) -- Remittix(RTX), a crypto payments platform aiming to simplify cross-border and freelance transactions, has confirmed the Q3 2025 launch of its beta wallet, alongside newly announced integration with the Solana blockchain. These developments mark key milestones in Remittix's roadmap toward enabling fast, low-cost, and user-friendly crypto-to-fiat payments. As of July, Remittix has raised more than $17.3 million in presale contributions and sold over 575 million RTX tokens, with a limited-time 50% token bonus still available for early adopters. Beta Wallet Launch Set for Q3 2025 The upcoming Remittix Wallet (beta) will allow users to store, send, and manage crypto assets with near-zero fees. It is designed with a broader goal of making everyday crypto transactions—from remittances to bill payments—as seamless as sending a bank transfer. At launch, the wallet will support both Solana and Ethereum, giving users access to high-speed and scalable transaction infrastructure. ' Remittix is focused on building real-world financial tools that can simplify payments for freelancers, merchants, and global users,' said a spokesperson for Remittix. 'The beta wallet release will mark the beginning of that vision.' Solana Integration for Enhanced Transaction Speed By incorporating Solana, Remittix users will benefit from millisecond transaction speeds and ultra-low fees, making it ideal for use cases like micropayments, freelance earnings, and cross-border remittances. When combined with Ethereum's security and broad compatibility, the Remittix platform aims to offer both flexibility and performance. Crypto-to-Fiat Utility on the Roadmap In addition to basic crypto wallet functionality, Remittix is working toward introducing instant crypto-to-fiat conversion. This future feature will enable users to spend RTX tokens directly on goods, services, or bill payments without relying on third-party exchanges. Target use cases include: While this utility will roll out post-beta, the infrastructure is being built with compliance and scalability in mind. Additional Highlights About Remittix (RTX) Remittix is a blockchain-based payment ecosystem focused on delivering practical crypto utility for global users. Through its low-fee cross-border features, dual-chain architecture, and upcoming fiat conversion capabilities, Remittix seeks to reduce friction in digital payments and make crypto more accessible to non-technical users. With over $17.3 million raised and an expanding user base, Remittix continues to move toward a more integrated financial future—one where crypto serves as a functional alternative for real-world payments. For media inquiries: Visit Remittix Whitepaper & Presale Info Follow Remittix on X for official updates Disclaimer:This content is provided byRemittix. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information do not guarantee any claims, statements, or promises made in this content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press the event of any legal claims or charges against this article, we accept no liability or does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. Photos accompanying this announcement are available at:
