Redwire Corporation (NYSE: RDW) has appointed William Mahoney as Chief Technology Officer of Redwire Defense Tech to lead technology development in autonomous systems, EO/IR payloads, energy systems, sensors, and RF antenna solutions. Mahoney brings over 25 years of engineering and technology leadership experience, with a focus on translating emerging technologies into product advancements for defense operations. This appointment strengthens Redwire's investment in next-generation defense capabilities, leveraging Mahoney's expertise in airborne systems, autonomy, AI-enabled mission operations, and digital engineering.

King Luther Capital Management Corp significantly increased its stake in International Business Machines (IBM) by 727.9% in Q3, acquiring 328,441 shares to hold a total of 373,561 shares valued at $82.2 million. This comes as IBM reported strong Q3 earnings, beating consensus estimates with $2.95 EPS and $17.10 billion in revenue, and declared a quarterly dividend of $1.69 per share. Analysts maintain a "Moderate Buy" rating for IBM with an average price target of $266.88.

The State Street Communication Services Select Sector SPDR ETF (XLC) experienced a session of net outflows on Tuesday, with no new positions increased and 21 decreased. The fund sold off $221.5 million in holdings, primarily shedding shares in Meta Platforms (META), Alphabet (GOOGL, GOOG), AppLovin (APP), and Walt Disney (DIS). This activity highlights a broad trimming of exposure within the ETF's portfolio.

Maryland State Retirement & Pension System increased its stake in International Business Machines Corporation (IBM) by 13.7% in the third quarter, bringing its holdings to 57,729 shares valued at $12.7 million. IBM reported strong quarterly earnings, beating analyst estimates, and announced a $1.69 quarterly dividend. The company maintains a "Moderate Buy" consensus rating from analysts with an average price target of $266.88.

Rackspace Technology, Inc. reported strong third-quarter results, with revenues exceeding analyst forecasts and statutory losses being smaller than expected. Despite these positive results, analysts have trimmed their average price target for RXT by 14% to US$4.10, indicating increased pessimism about the company's intrinsic value, especially given ongoing losses and a projected revenue decline worse than the industry average. While revenue estimates remained stable, the overall sentiment regarding the company's future value appears to have shifted negatively.

Keysight Technologies has expanded its high-power automated test equipment (ATE) portfolio, introducing new voltage and power options, including DC power supplies up to 12 kW. The enhancements aim to provide engineers in power conversion, aerospace, and energy applications with more compact hardware, automated testing, and regenerative technology for efficient and scalable test systems. This expansion builds on Keysight's "Power Without Compromise" solutions, offering broader application coverage and increased rack density.

Shares of Redwire (RDW) jumped 3.9% after the company announced a follow-on order from the U.S. Army Aviation Center of Excellence for sustainment and support of its Stalker Uncrewed Aircraft Systems. This order, combined with a previous $40 million contract for NASA's Moon Base program, signals positive market perception despite recent revenue figures falling below analyst estimates. Redwire's stock remains volatile, with a 6.8% decrease year-to-date.

PTC has released patches for a critical remote code execution (RCE) vulnerability, tracked as CVE-2026-126325, affecting its Windchill and FlexPLM software. This flaw, rated 9.2 on the CVSS v4 score, stems from improper input validation and deserialization of untrusted data. Organizations using these products are urged to apply the patches immediately to prevent exploitation.

Analysts have cut Intel Corporation's average 12-month price target slightly from $91.53 to $91.04, with forecasts ranging from $63 to $160 per share. This new target implies a potential upside of approximately 46% based on the Nov. 11 closing price. The consensus rating for INTC stock remains "Buy" among 51 analysts, with a breakdown of 20 Buys, 30 Holds, and 1 Sell.

Bank of America (BofA) has identified a significant divergence between how bondholders and shareholders are pricing the risks associated with the AI infrastructure expansion. While corporate borrowing spreads have widened considerably, indicating increased risk in the credit market, equity valuations and options markets have shown minimal adjustment. BofA suggests this divergence creates an opportunity for investors to consider downside volatility, warning that AI equity volatility is living on borrowed time before funding concerns impact earnings.