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.

Trump’s Dallas Midterm Convention Forces GOP Candidates To Choose Between Base And Battleground

The Republican Party’s first-ever midterm convention kicks off in Dallas this week, placing GOP candidates squarely in the middle of a difficult political calculation. Candidates must weigh the benefits of aligning publicly with President Trump against the risks of being tied to a president with slumping approval numbers just 55 days before the election. Trump…

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AST SpaceMobile (ASTS) Surges To Three-Week High As Satellite Tests Gain Defense Support And European Carriers Eye Starlink Rival

Shares of AST SpaceMobile (ASTS) climbed to a nearly three-week high on Tuesday, driven by fresh regulatory filings and growing momentum around satellite broadband competition. ASTS stock jumped 6% during Tuesday’s session and added another 0.4% in overnight trading ahead of Wednesday’s open. AST’s unit, AST & Science, filed with the Federal Communications Commission on…

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Bombardier (BBD) Stock Slides As Trump Threatens U.S. Market Ban Amid Canada Trade War

Bombardier shares fell sharply after President Donald Trump threatened the Canadian private jet maker’s access to the lucrative U.S. market, which accounts for roughly half of the company’s total sales. Shares slipped 3% in morning trading after opening down as much as 6.4%, reflecting investor concern over the escalating trade dispute between Washington and Ottawa….

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Trump-Backed Anthony DiLorenzo Wins New Hampshire GOP Primary For Open House Seat

DiLorenzo secured the Republican nomination for New Hampshire’s 1st Congressional District, defeating fellow GOP contender Hollie Noveletsky in Tuesday’s primary election. Decision Desk HQ projected DiLorenzo as the winner, setting up what is expected to be a highly competitive general election race with significant implications for House control. Noveletsky, a military veteran and businesswoman, mounted…

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Quantum Computing Stocks RGTI, QBTS, And QNT Surge As U.S. Government Takes Equity Stakes In $2 Billion Initiative

Three major publicly traded quantum computing companies are seeing significant stock price gains after securing landmark funding agreements with the federal government. Rigetti Computing (Nasdaq: RGTI), D-Wave Quantum (Nasdaq: QBTS), and Quantinuum (Nasdaq: QNT) each finalized agreements with the U.S. Department of Commerce’s CHIPS Research and Development Office for $100 million apiece. The funding is…

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Democrats Double Their Lead Among Latino Voters In Key Battleground House Districts

A new poll reveals Democrats have made sweeping gains among Latino voters in competitive House districts, a shift that could reshape the battle for congressional control. The Hart Research/TelevisaUnivision poll, shared with Axios, shows Democrats holding a 58 percent advantage on the generic congressional ballot across 17 competitive House districts. Republicans are winning the support…

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Commerce Department Takes Equity Stakes In Quantum Firms As Rigetti (RGTI) Surges 6% And D-Wave (QBTS) Climbs 5%

The U.S. Commerce Department has finalized CHIPS Act funding awards that hand the federal government minority, non-controlling equity stakes in two quantum computing recipients. Rigetti Computing (NASDAQ: RGTI) jumped 6% to $16.13 in early trading, while D-Wave Quantum (NYSE: QBTS) climbed 5% to $17.46 on matching award terms. Both companies signed definitive agreements with the…

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