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.

Witkoff And Kushner Express Confidence In “Good Resolution” After Trilateral Ukraine Peace Talks

Special envoy Steve Witkoff says the United States is confident that ongoing trilateral negotiations will produce a “good resolution” to the war in Ukraine. Witkoff and Jared Kushner, President Trump’s son-in-law, made their first visit to Kyiv on Sunday to negotiate an end to Russia’s yearslong war in Ukraine. During a press conference following the…

Read More

Data Centers Near Your Home May Not Hurt Its Value, But Sellers Are Not Convinced

Homeowners across the United States are growing increasingly anxious about whether nearby data centers will drag down the value of their most important financial asset. Community meetings, government hearings, and social media feeds in towns weighing proposed data center projects have become battlegrounds for opponents warning of neighborhood industrialization. Critics cite pollution from backup generators,…

Read More

SpaceX (SPCX) Trades Below IPO Close While Raymond James Sets Street-High $800 Target

SpaceX (NASDAQ: SPCX) closed at $149.74 against a Wall Street consensus price target of $222.32, leaving roughly 48% of implied upside between the current price and the average analyst call. Elon Musk’s rocket, satellite, and AI compute company priced its historic IPO earlier this year, briefly touching $225.64 before selling pressure took hold across subsequent…

Read More

AST SpaceMobile (ASTS) Director Snaps Up $619K In Shares As Short Interest Climbs To 57.5 Million

AST SpaceMobile (NASDAQ: ASTS) director Adriana Cisneros purchased 10,822 shares across three related accounts on August 31, signaling notable confidence in the embattled satellite company. The open-market purchases cost approximately $619,200 at an average price near $57.22 per share, representing a meaningful financial commitment from a board-level insider. Cisneros’s aggregate indirect ownership rose to 797,023…

Read More

China’s Mineral Cutoff Puts Raytheon’s (NYSE: RTX) $289 Billion Backlog At Supply Chain Risk

China has restricted 12 critical minerals from US access, striking directly at the heart of next-generation directed-energy weapons programs. Bloomberg Intelligence defense analyst Wayne Sanders explained that older laser weapons “were the size of buildings” because of the enormous power demands they required. The directed-energy trade rests on shrinking that massive footprint down to something…

Read More