US Politics & Business News
Both D-Wave Quantum (QBTS) and Rigetti Computing (RGTI) have secured up to $100 million each through the CHIPS and Science Act, marking a significant federal endorsement of quantum computing. The funding deals give the Department of Commerce a minority ownership position in each company, without granting the government any operational control over either firm. For…
Bank of America analyst Vivek Arya believes Marvell Technology could generate up to $30 billion in revenue by the end of the decade from components complementing its custom data-center chips. Arya maintained a buy rating on Marvell Technology (MRVL) shares, signaling strong confidence in the company’s long-term growth trajectory within the data center market. Marvell…
The House voted on legislation designed to protect consumers from shouldering the energy and infrastructure costs generated by the rapid expansion of data centers across the country. The Ratepayer Protection Act, H.R. 9340, would direct states to consider adopting a federal standard requiring data centers to pay the full cost of new generation and transmission…
In his first public appearance since resigning on August 31, former U.S. Army Secretary Dan Driscoll addressed a Kyiv audience on September 12, 2026. Driscoll spoke at the Yalta European Strategy forum, an annual conference organized by the Victor Pinchuk Foundation focused on Ukraine’s role in Western security architecture. He delivered a pointed warning about…
AeroVironment (NASDAQ: AVAV) is positioning itself for a full stock value restoration, driven by surging defense demand and a record-breaking funded backlog. The defense drone maker reported Q1 fiscal year 2027 revenue of $480.5 million, representing roughly 6% growth and setting a new company record for the period. That top-line result outpaced the consensus estimate…
OpenAI will not go public this year, with CEO Sam Altman confirming the highly anticipated listing is off the table for 2026. Altman made the remarks during an interview with Fortune Editor-in-Chief Alyson Shontell, addressing questions about whether the company still feels pressure to move quickly due to its IPO plans. “I actually think that,…
Law enforcement stopped a trespasser on the Malibu property of former Vice President Kamala Harris and Second Gentleman Doug Emhoff late at night. A spokesperson for Harris, Eduardo Negrón, confirmed the incident in a statement to The Hill, saying security acted before any threat reached the residence. “Last night, security personnel stopped an individual who…
AST SpaceMobile is seeking an extension from the Federal Communications Commission for its 800 MHz satellite testing window, currently set at 30 days. The company, traded on Nasdaq under the ticker ASTS, has been working to expand its satellite broadband network across low Earth orbit. The 800 MHz band is considered a critical frequency range…
Zacks Research Daily has released its featured analyst reports, spotlighting 16 major stocks across finance, defense, and healthcare sectors. Among the top picks are The Goldman Sachs Group, Inc. (GS), RTX Corp. (RTX), and Abbott Laboratories (ABT), alongside two micro-cap names, NLI Holdings, Inc. (NL) and Precipio, Inc. (PRPO). Goldman Sachs shares have outperformed the…
Consumer prices are rising faster than paychecks once more, delivering a fresh blow to American workers already struggling with elevated costs. Inflation climbed 3.4% in August from a year earlier, according to data released by the U.S. Bureau of Labor Statistics, outstripping average hourly earnings growth of just 3.1% over the same period. Real average…