Thomas Shelter

Thomas Shelter has been a keen follower of US politics for over two decades. His reporting for Congress.net primarily focuses on legislation, party politics, and business news.

AMD (AMD) Commits $5 Billion To Anthropic In Push To Challenge Nvidia’s (NVDA) AI Chip Grip

Advanced Micro Devices announced a sweeping strategic partnership with Anthropic, pledging to invest up to $5 billion in the AI company upon hitting key deployment milestones. The investment marks AMD’s first-ever financial stake in an artificial intelligence company, signaling a deeper commitment to competing with Nvidia in the fast-growing AI infrastructure market. As part of…

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Connecticut Innovations Posts Record $66.5 Million In Proceeds Fueled By Blockbuster Biotech And Quantum Exits

Connecticut Innovations (CI), the state’s strategic venture capital arm, has announced a record-breaking fiscal year, generating $66.5 million in cash proceeds from a series of landmark portfolio exits. The organization reported a combined $76.1 million from all investment activities during the fiscal year ending June 30, 2026, marking its strongest performance to date. CI invested…

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Bond Market Weakness Builds Investment Case For Overlooked Real Estate Sector

Real estate investment trusts have spent years in the shadow of high-flying technology and growth stocks, drawing little enthusiasm from mainstream investors. Rising interest rates punished REITs heavily in recent years, since these income-generating assets tend to move inversely to bond yields and borrowing costs. Now, with bond markets showing fresh signs of strain, at…

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AST SpaceMobile (ASTS) Surges As CEO Confirms BlueBird Satellite Trio Fully Deployed And Next Launch Batch Arrives At Cape

Shares of AST SpaceMobile (ASTS) climbed 2% overnight on Tuesday after CEO Abel Avellan announced that BlueBirds 8, 9, and 10 had fully deployed their massive communications arrays in low Earth orbit. The overnight gain followed a 10% jump during Tuesday’s regular session, pushing ASTS to $63.34, even as the stock continues tracking its worst…

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