US Politics & Business News
A family is facing a deeply personal financial conflict after a 99-year-old grandmother reportedly decided to remove her daughter from her will. The situation has placed a grandchild in an uncomfortable position, uncertain whether stepping in would help resolve matters or make them significantly worse. Estate planning disputes within families are among the most emotionally…
Despite a roughly 15x gain over three years, D-Wave Quantum (QBTS) still registers as expensive rather than a bargain on standard valuation measures. The stock has delivered approximately 26.9% returns over the last year alone, adding further pressure on investors to assess whether current prices reflect too much optimism. On Simply Wall St’s broader checks,…
Wall Street’s largest hedge funds dramatically increased their exposure to Big Tech during the second quarter, doubling down on artificial intelligence as a generational growth driver. Firms including Bridgewater Associates, Tiger Global Management, and Discovery Capital led the charge back into technology stocks after months of hesitation. Earlier this year, bets on Big Tech had…
D-Wave Quantum (NasdaqGS: QBTS) has announced that NTT DOCOMO deployed a second production quantum application powered by D-Wave technology to optimize mobile network efficiency. The new deployment marks a meaningful expansion of real-world quantum computing use within the telecommunications sector, moving the relationship with DOCOMO well beyond initial pilots and proofs of concept. The application…
Moderna’s personalized mRNA cancer vaccine has shown success in a late-stage clinical trial, potentially transforming how doctors treat the deadliest form of skin cancer. The vaccine, developed in combination with Merck’s immunotherapy Keytruda, met its primary goals in the Phase 3 INTerpath-001 study involving more than 1,100 patients with higher-risk or advanced melanoma. Patients enrolled…
President Donald Trump has signed a National Security Presidential Memorandum targeting more than 1,000 U.S. launches and reentries annually by 2030. The directive aims to usher in what the administration calls a “Golden Age of Space Transportation,” with sweeping changes to how launches are permitted and managed. The policy calls for faster permitting and environmental…
Raytheon, a subsidiary of RTX Corporation (RTX), has secured a seven-year, $22.9 billion contract to accelerate Tomahawk cruise missile production for the U.S. Navy and allied forces. The contract was awarded on August 17, 2026, and establishes a long-term framework designed to significantly increase missile output while reinforcing Raytheon’s standing in the precision-strike market. Under…
Treasury Secretary Scott Bessent insists he has a “big toolkit” to address mounting pressures in the U.S. government bond market, but his efforts so far have produced limited results. A two-pronged strategy combining accelerated buybacks with public reassurances has done little to calm investor anxiety or push longer-dated yields durably lower. The Treasury’s Wednesday announcement…
Quantum computing stocks are falling sharply midday Thursday, with no company-specific news driving any of the individual declines across the group. Rigetti Computing (NASDAQ: RGTI) is down 7% to $15.73, while IonQ (NYSE: IONQ) shares are sliding 6% to $40.60 in Thursday trading. D-Wave Quantum (NYSE: QBTS) is falling 4% to $18.60, and Quantum Computing…
Walmart (WMT) shares fell sharply Thursday after the retail giant posted its slowest U.S. comparable sales growth in years, unsettling investors despite a headline earnings beat. Shares dropped 7.3% to around $105 shortly after markets opened, marking the stock’s largest intraday loss since May 21. The company reported $187.9 billion in quarterly revenue and earnings…