US Politics & Business News
IonQ (IONQ) carries one figure above all others that investors should monitor closely: the backlog of signed contracts the company has yet to fulfill. While many market participants still treat quantum computing as a distant scientific pursuit, actual customers are signing real contracts with IonQ, signaling early commercial momentum. Despite that progress, IONQ stock has…
India’s central bank raised its benchmark interest rate by 25 basis points on Wednesday, joining a wave of global tightening to combat mounting inflation pressures. The Reserve Bank of India lifted its key repo rate to 5.50%, reaching a one-year high in a move that aligned precisely with expectations from economists polled by Reuters. RBI…
Some American households will pay dramatically more to heat their homes this winter, while others may see modest savings, according to a new federal government report. The U.S. Energy Information Administration released its Winter Fuels Outlook this week, projecting heating costs across four major fuel types and accounting for anticipated temperatures nationwide. The report finds…
Berenberg analyst Michael Filatov is making the case that SpaceX’s (SPCX) growing mobile ambitions could unexpectedly strengthen AST SpaceMobile’s (ASTS) position in the market. Filatov maintained a ‘Buy’ rating on ASTS following Grain Management’s agreement to sell its nationwide spectrum portfolio to SpaceX, subject to Federal Communications Commission approval. The deal involves up to 14…
Major defense contractors locked in multibillion-dollar missile agreements this week, reflecting intensified U.S. efforts to rebuild weapons stockpiles strained by ongoing conflict in the Middle East. Boeing (BA) received a seven-year contract worth approximately $14.7 billion from Lockheed Martin (LMT) to increase production of seekers for PAC-3 Missile Segment Enhancement interceptors. These guidance components allow…
President Donald Trump traveled to Syracuse, New York, on Friday to stump for Republican gubernatorial nominee Bruce Blakeman in a race that highlights broader tensions within the GOP. Trump called on New Yorkers to remove Democratic Gov. Kathy Hochul and took direct aim at the state attorney general, calling her “totally corrupt sidekick, Letitia ‘Peekaboo’…
President Donald Trump took his midterm campaign push into upstate New York, stumping for a Republican gubernatorial candidate given little chance of winning. The rally in Syracuse marks a notable shift for Trump, who has largely concentrated his campaign appearances in reliably red states during the final stretch before Election Day. Trump has made stops…
AI infrastructure spending and growing commercial interest in quantum computing are creating significant opportunities for investors as third-quarter earnings season gets underway. AI companies continue to benefit from heavy spending on data-center and computing infrastructure, while quantum computing gained further commercial traction and government support during Q3. The two sectors remain worth watching even as…
Treasury Secretary Scott Bessent has appointed Judy Shelton, whose nomination to the Federal Reserve was blocked by the Senate, as a counselor to the department. Shelton will advise Bessent on currency policy, “with a particular focus on evaluating financial conditions in China,” according to a Treasury statement. The appointment is notable given that Shelton is…
Legendary boxer Mike Tyson made a surprise appearance at the Trump White House, joining a growing list of celebrity visitors during the current administration. White House Director of Communications Steven Cheung marked the occasion by posting a photo alongside Tyson, drawing significant attention on social media. Tyson’s visit was not his first point of contact…