The global financial landscape is currently experiencing significant turbulence, driven by a confluence of geopolitical conflicts and aggressive new trade policies. Ongoing tensions in the Middle East and the protracted conflict in Ukraine are sending ripples through the energy and defense sectors, while the recent introduction of sweeping U.S.
After the conclusion of the US market's regular session on Wednesday, let's examine the after-hours session and unveil the notable S&P500 performers among the top gainers and losers.
Aerospace and defense company Raytheon (NYSE:RTX) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 9% year on year to $21.58 billion. The company’s full-year revenue guidance of $85.13 billion at the midpoint came in 1% above analysts’ estimates. Its non-GAAP profit of $1.56 per share was 9.1% above analysts’ consensus estimates.
Shares of aerospace and defense company Raytheon (NYSE:RTX)
fell 3.2% in the morning session after the company reported its second-quarter financial results, which included a lower full-year earnings forecast due to the expected impact of tariffs and tax law changes.
Defense stocks are well-positioned to benefit from increased spending globally, but Q2 results set them apart; this is a look at the winners and losers for Q3.
Aerospace and defense company Raytheon (NYSE:RTX) reported Q2 CY2025 results beating Wall Street’s revenue expectations, with sales up 9% year on year to $21.58 billion. The company’s full-year revenue guidance of $85.13 billion at the midpoint came in 1% above analysts’ estimates. Its non-GAAP profit of $1.56 per share was 9.1% above analysts’ consensus estimates.
Defense titans Lockheed Martin, RTX Corp, and Northrop Grumman Corp report earnings. RTX has strong momentum but high valuations, LMT is struggling, and NOC is a steady performer.
Wall Street opened the week on a risk-on footing, with the S&P 500 and the Nasdaq 100 extending record highs as strong earnings reinforced confidence in corporate America and investors continued to shrug off trade tensions.
Three ETFs with unique focuses on domestic defense, manufacturing, and energy could be positioned to benefit as the One Big Beautiful Bill takes effect.
