US Politics & Business News
Former special counsel Jack Smith delivered a forceful defense of his prosecutorial record before the Senate Judiciary Committee on Tuesday, pushing back hard against Republican attacks. Smith testified that he and his team acted without political motivation in bringing criminal cases against former President Donald Trump across two separate federal investigations. “I made those decisions…
Lawyers for Sen. Roger Marshall (R-Kansas) have sent a cease-and-desist letter to his Democratic opponent Adam Hamilton over a campaign ad focused on medical debt lawsuits. The ad centers on Meischa Zimmerman, who claims she was arrested after failing to make a monthly payment of $50 toward her medical debt owed to Marshall. Marshall practiced…
IBM made a bold quantum computing promise a year ago, and the results delivered a complicated verdict that rewards careful reading of what actually happened. On September 29, 2025, a widely circulated article dubbed IBM the next Nvidia, projecting 1,000% returns driven by the company’s decades-long quantum computing investments and financial durability. Twelve months later,…
SpaceX’s Starship rocket successfully reached orbit for the first time, marking a milestone that analysts say could dramatically reshape the company’s long-term valuation. Citi initiated coverage of SpaceX (SPCX) with a Buy rating and a $200 price target, implying roughly 25% upside by year-end for the private space company. The bank also outlined a longer-term…
Sen. Cynthia Lummis (R-Wyoming) blocked a Senate resolution Tuesday that would have condemned federal spending on television ads promoting President Donald Trump’s policies. Lummis argued that previous presidents, including Bill Clinton, George W. Bush, Barack Obama, and Joe Biden, have each aired public service announcements using government resources. Democrats have expressed sharp outrage at Trump’s…
Despite near-term obstacles, the S&P 500 and the Nasdaq are trading near their all-time highs as investors head into the final quarter of 2026. With markets elevated largely due to AI-driven momentum, some analysts suggest looking beyond the dominant tech trade for fresh opportunities. Stocks trading under $10 a share can offer compelling value, particularly…
RTX Corporation (RTX) is cementing its dominance in the air-to-air missile market as global demand for the Advanced Medium-Range Air-to-Air Missile continues to surge. The company’s Raytheon business recently secured a multiyear contract valued at up to $20.7 billion for AMRAAM production, guidance sections, and related requirements. The five-year contract, which includes two option years,…
Republican pollster Frank Luntz is sounding the alarm over what he calls a “very dangerous strategy” being pursued by President Donald Trump ahead of the midterm elections. Appearing on CNN This Morning, Luntz argued that Trump is attempting to put himself on the ballot in November to energize his base of supporters heading into a…
U.S. stock futures held flat in early Tuesday trading as rising Treasury yields and artificial intelligence safety concerns continued to weigh on market sentiment. As of 4:00 a.m. ET, Nasdaq (QQQ), S&P 500 (SPY), and Dow futures were flat, while Russell 2000 futures dipped 0.1% amid the cautious premarket tone. The subdued opening follows a…
Defense contractor RTX Corp (NYSE: RTX) has retreated from a record high of $226.88 reached on August 10, putting its shares under modest pressure. The pullback has pushed RTX stock slightly below its long-term 260-day moving average, a key technical support level closely watched by analysts and traders. Despite dipping beneath that trendline, the stock…