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.

Rosenblatt Analyst Says AI Demand Could Push Sandisk (SNDK) Stock To $2,400

SanDisk (SNDK) shares climbed in pre-market trading after Rosenblatt analyst Kevin Cassidy initiated coverage with a Buy rating and a $2,400 price target. Cassidy sees approximately 36% upside from SanDisk’s September 22 closing price of $1,766.64, citing AI infrastructure as a structural growth driver. The analyst believes AI computing is creating an opportunity to make…

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US And Iranian Officials Meet For Three Hours At United Nations, Trump Confirms

American and Iranian officials held a three-hour meeting at the United Nations, President Trump confirmed, marking a significant moment in diplomatic engagement between the two nations. The meeting signals a potential shift in relations between Washington and Tehran, which have remained deeply strained for decades following years of sanctions and political hostility. Trump confirmed the…

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How Wall Street And AI Stocks Are Quietly Destroying Portfolio Diversification

Investors who believed their portfolios were well-diversified are discovering that assumption may be dangerously outdated in today’s market environment. The rise of artificial intelligence as a dominant investment theme has concentrated enormous capital into a narrow band of technology stocks, distorting traditional diversification strategies. Even investors who hold only broad index funds may find themselves…

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Gavin Newsom Positions Himself For 2028 Presidential Run As Democrats Chart New Course

Gavin Newsom is emerging as one of the most prominent Democratic figures actively preparing for a potential 2028 presidential campaign. The California governor has spent recent months raising his national profile, traveling across the country and engaging in high-profile political debates. Newsom has been vocal on economic policy, social issues, and Democratic strategy, positioning himself…

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UN Panel Warns AI Safeguards Are ‘Unraveling,’ Demands New Guardrails From World Leaders And Tech Firms

The United Nations-backed Independent International Scientific Panel on AI has issued an urgent call for stronger artificial intelligence safeguards, warning that existing protections are rapidly deteriorating. The panel delivered its findings on Monday, pressing both world leaders and major technology companies to take immediate action to implement new and more robust AI oversight measures. The…

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