US Politics & Business News
Quantum computing pure plays are posting sharp single-session gains Friday, driven by sector rotation rather than any company-specific announcement or filing. Infleqtion (NYSE: INFQ) is leading the group higher, rising 10% to $13.82 in midday trading, continuing a shorter-term recovery in a stock still below its February listing price of $15.59. Rigetti Computing (NASDAQ: RGTI)…
After surging through the first half of 2026, memory and storage stocks are struggling to reclaim their highs as AI trade concerns overshadow otherwise strong fundamentals. Sandisk Corp. (SNDK), Micron Technology Inc. (MU), Western Digital Corp. (WDC), and Seagate Technology Holdings Plc (STX) remain among the top performers in the S&P 500 this year, but…
A powerful rally in industrial stocks has defied higher oil prices, rising bond yields, and restrictive trade policies throughout 2026, fueled by investor enthusiasm over artificial intelligence spending. Shares of companies that make heavy machinery, move goods, and construct buildings and bridges rank among the best performers in the S&P 500 Index alongside energy and…
The U.S. Treasury Department announced it would more than double its planned purchases of longer-term government debt, catching markets off guard this week. The move was designed to calm bond markets following a sustained selloff that had pushed yields sharply higher, making U.S. debt appear increasingly risky to investors. The Treasury said it would increase…
U.S. stock futures pointed to a modest recovery early Friday after a sharp selloff in the previous session rattled investor confidence across major indices. As of 4:30 a.m. ET, Nasdaq futures rose 0.4%, Russell 2000 futures were up 0.5%, while S&P 500 (SPY) and Dow futures each gained 0.3%. For the week, both the Nasdaq…
Motorola Solutions (MSI) is expanding its public-safety portfolio through a $1.5 billion acquisition of counter-drone technology firm D-Fend Solutions. The deal gives MSI direct access to cutting-edge counter-unmanned aerial systems technology, opening new revenue streams in the fast-growing airspace security market. D-Fend specializes in detecting and neutralizing unauthorized drones, a capability that sets it apart…
RTX (RTX) has reported a record-high backlog of $289 billion, a figure that underscores the company’s dominant position across both commercial aerospace and defense markets. The backlog grew 22% year over year and 6% sequentially, reflecting surging demand that continues to outpace the company’s already substantial sales volumes. Of the $289 billion total, roughly $170…
Kratos Defense & Security Solutions (KTOS) appears to be crossing a meaningful threshold in its development, moving from defense technology developer toward a full-scale production platform. The company’s consolidated backlog climbed to $2.08 billion, while second-quarter bookings reached $492.2 million, signaling robust and sustained demand from defense customers. Over the trailing 12-month period, total bookings…
Treasury Secretary Scott Bessent made a surprising move this week to intervene directly in Treasury markets, aiming to lower the cost of government debt. Experts say the intervention represents a significant shift toward a newly activist posture from the Treasury Department under Bessent’s leadership. The maneuver has drawn sharp scrutiny from financial analysts who view…
AST SpaceMobile (ASTS) and Boeing (BA) both operate in aerospace, but the similarities between these two companies largely end there. AST SpaceMobile is building a first-of-its-kind satellite network designed to deliver cellular broadband directly to unmodified smartphones anywhere on Earth. The company represents a new breed of space-based connectivity infrastructure, targeting a global market of…