US Politics & Business News
D-Wave Quantum (QBTS) has returned to the spotlight after second quarter results disappointed Wall Street, with revenue coming in at US$3.08 million and a net loss of US$48.03 million. The figures fell short of analyst expectations, triggering a sharp single-day share price decline of 9.28% in the immediate aftermath of the release. Despite that steep…
Supplemental Security Income is a needs-based federal program with strict income and asset limits that can be easily disrupted by outside financial arrangements. For families trying to help a financially struggling relative, the instinct to provide structured support through an annuity is understandable, but the consequences for SSI recipients can be severe. Annuity payments would…
Alphabet (GOOGL) is returning to the bond market with a massive new debt offering as its relentless artificial intelligence buildout continues to drain cash at a staggering pace. The tech giant is seeking to raise between $20 billion and $25 billion through a bond offering structured in up to 10 parts, with maturities ranging from…
D-Wave Quantum Inc. (QBTS) reported its second-quarter 2026 earnings on August 6, delivering a mixed set of results that highlighted the gap between demand signals and recognized revenue. Quarterly revenue came in at $3.1 million, essentially flat compared to the same period a year earlier, underscoring the company’s ongoing challenge converting bookings into top-line growth….
Honeywell Aerospace shares collapsed as much as 24% intraday on Thursday, hitting a fresh 52-week low of $150.03 after the company slashed its full-year financial outlook. The stock, which closed Wednesday at $203.64, opened near $155 following an after-hours selloff triggered by a deeply disappointing guidance revision that rattled investors. Trading volume swelled to roughly…
AppLovin (APP) shares tumbled nearly 20% on Wednesday, putting the stock on pace for its worst single-day performance in more than a year. The mobile advertising technology company posted second-quarter earnings of $3.76 per share on revenue of $1.92 billion, narrowly missing analyst forecasts of $3.77 per share on $1.95 billion in revenue. AppLovin’s business…
GE Aerospace’s (GE) Commercial Engines and Services segment is currently the most powerful growth engine within the company’s overall business portfolio. In the second quarter of 2026, revenues from the Commercial Engines and Services segment climbed 27% year over year to reach $9.73 billion. Services growth of 26% drove much of that gain, with internal…
Missouri voters have dealt a decisive blow to a proposed measure that would have eliminated the state’s income tax, a significant moment in ongoing national debates over tax policy. The failed Missouri ballot measure reflects the difficulty of persuading voters to accept sweeping structural changes to state revenue systems, even in politically conservative states. Attention…
AST SpaceMobile, Inc. (ASTS) closed at $68.38 in the latest trading session, representing a decline of 2.74% from the previous day’s closing price. The move significantly underperformed the S&P 500, which posted a comparatively modest daily loss of just 0.17% during the same session. The Dow Jones Industrial Average managed to buck the downward trend,…
Kratos Defense & Security Solutions (KTOS) reported second-quarter 2026 adjusted earnings of 21 cents per share, blowing past the Zacks Consensus Estimate of 13 cents by 61.5%. That bottom-line result marked a 90.9% jump from the year-ago quarter’s adjusted earnings of 11 cents per share, signaling strong operational momentum. GAAP earnings came in at 2…