US Politics & Business News
SpaceX is no longer just a rocket company, and Wall Street analysts are increasingly focused on its fast-growing artificial intelligence infrastructure business. The company has been securing major AI compute deals that analysts believe could dwarf revenues from its core launch and satellite operations in the years ahead. TD Cowen projects that SpaceX’s terrestrial AI…
Senate Majority Leader John Thune has publicly criticized the Trump administration for running taxpayer-funded advertisements that closely resemble campaign materials from the 2024 presidential race. The ads, which carry an on-screen disclaimer reading “Paid for by the U.S. Government,” have aired on major cable and broadcast television networks across the country. One television advertisement features…
Senate Democrats are escalating their pushback against Homeland Security Secretary Markwayne Mullin over concerns about federal immigration officials interfering in elections. Sen. John Fetterman (D-Pa.), a centrist often at odds with his party, joined 33 Senate Democratic colleagues in signing a letter directed at Mullin demanding immediate action. Sen. Gary Peters (D-Mich.), the ranking member…
BofA Securities has initiated coverage on IonQ (IONQ) with a Buy rating, signaling growing Wall Street confidence in the quantum computing sector. The firm cited IonQ’s recent acquisitions as a key factor in its assessment, arguing the deals are transforming the company into a diversified quantum technology platform. IonQ has been steadily building out infrastructure…
Nvidia’s stock has grown significantly cheaper on a relative basis even as the company continues to deliver some of the strongest earnings growth in the technology sector. The artificial intelligence chipmaker now fits the profile of a growth-at-a-reasonable-price stock, a category that has historically attracted both value and growth-oriented investors. Nvidia emerged as the biggest…
The Tompkins County District Attorney has reopened a sexual assault case involving seven members of Cornell University’s Chi Phi fraternity from October 2024. The decision to reopen the case comes less than two weeks after an anonymous former Cornell student filed a civil lawsuit alleging she was drugged, assaulted, and gang raped at the fraternity…
Germany submitted an amended filing for a proposed 344-satellite D-BLUEBIRD network to the International Telecommunication Union last week, drawing fresh attention to AST SpaceMobile’s (ASTS) expansion plans. The ITU’s public register shows the filing modifies an earlier request, though the agency does not specify what changes were made to the submission. Germany first submitted the…
Rising geopolitical risks around critical energy routes, including fresh concerns over shipping through the Strait of Hormuz, are forcing governments worldwide to reassess defense budgets. When security priorities shift, companies tied to aircraft engines, satellites, and military technology tend to attract significantly more investor attention and capital. The three stocks examined here come from the…
China’s industrial profit growth slowed to its weakest pace of 2026 in August, expanding just 4.2% from a year earlier, according to official data released Monday. The muted August figure marked the fourth consecutive month of deceleration, following a robust 24.7% expansion recorded back in April. The result is also the weakest performance since November…
The White House aired a taxpayer-funded advertisement during commercial breaks of at least two NFL games on Sunday, CNN reported. The ad featured imagery of President Trump walking through a hall accompanied by a voiceover of the president declaring, “this is the final battle.” The commercial aired during Fox’s broadcasts of the Washington Commanders-Seattle Seahawks…