Thomas Shelter, Author at CONGRESS.NET

Trump Pollster Calls Abdul El-Sayed’s Michigan Senate Lead A ‘Fake Narrative’

Thomas ShelterAugust 30, 202603 mins

Tony Fabrizio, a top pollster working for Republican Mike Rogers, is aggressively disputing public polls showing Rogers trailing in Michigan’s high-stakes Senate race. Fabrizio argues that recent surveys are over-sampling Democratic-leaning voters, specifically college-educated and Black voters, according to an internal memo obtained by POLITICO. A Susquehanna poll released this month showed progressive Abdul El-Sayed…

DHS Calls New York Times Report On ICE Detention Abuse A “Hoax”

Thomas ShelterAugust 30, 202603 mins

The Department of Homeland Security is pushing back hard against a New York Times report detailing alleged abuse inside Immigration and Customs Enforcement detention facilities. DHS issued a sharp rebuttal on Sunday, posting on social platform X that the Times story amounted to misinformation designed to undermine the agency’s operations. “Another day and another hoax…

Software Sector’s Epic Rally Could Extend Through October As AI Fears Fade

Thomas ShelterAugust 30, 202603 mins

After months of brutal losses, the software sector is staging a dramatic comeback that analysts say could have significant room left to run. The Morningstar US Software Application Index shed roughly 27% between October 2025 and mid-July 2026, even as the broader market gained nearly 15% over the same stretch. Stocks including Salesforce (CRM), ServiceNow…

Iran Conflict Drives Helium Shortage That Could Make Party Balloons A Luxury Item

Thomas ShelterAugust 30, 202604 mins

The escalating conflict involving Iran is sending shockwaves through global supply chains far beyond oil markets, hitting helium supplies hard and fast. Helium, used to fill party balloons but also critical to semiconductor manufacturing and medical imaging, is tightening in supply and surging in price as fighting disrupts energy production in the Persian Gulf. Roughly…

IonQ (IONQ) Faces Mounting Losses And Valuation Concerns Despite Quantum Computing Surge

Thomas ShelterAugust 29, 202603 mins

Despite a powerful rally in quantum computing stocks, IonQ (IONQ) continues to attract serious skepticism from analysts and investors focused on its financial fundamentals. The company posted an operating loss of $633.7 million in 2025, a figure that underscores the vast gap between its market enthusiasm and underlying business performance. IonQ’s revenue grew an impressive…

Tim Cook Transforms Apple (AAPL) From Product Company Into A $4 Trillion Empire

Thomas ShelterAugust 29, 202604 mins

When Tim Cook announced his retirement in April 2026, the business world began reckoning with one of the most consequential leadership tenures in corporate history. Steve Jobs himself once noted that Cook was “not a product person, per se,” a characterization that could have defined Cook’s tenure as a liability from the very start. Instead,…

The Case For Rolling Your Money Into A 401(k) And Why It Makes Financial Sense

Thomas ShelterAugust 29, 202603 mins

A 401(k) rollover is one of the most debated moves in personal finance, with many savers questioning whether locking up funds is worth the trade-off. When workers change jobs or retire, they often face a critical decision about what to do with their existing retirement savings accumulated over years of employment. Rolling funds into a…

Generation Renter Emerges As Young Americans Abandon Hope Of Ever Owning A Home

Thomas ShelterAugust 28, 202604 mins

Katrina Linden graduated from the University of Notre Dame in 2016 and moved to Sacramento, California, expecting to buy a home within a few years. Like many young Americans at the time, she saw homeownership as an achievable goal, provided she could save enough money for a down payment. Interest rates were relatively low when…

TransDigm (TDG) Commercial Aftermarket Surge Fuels Revenue Growth And Raised Outlook

Thomas ShelterAugust 28, 202603 mins

TransDigm Group (TDG) is capitalizing on robust commercial aerospace activity and rising demand for aircraft maintenance, repair, and replacement parts across global markets. The company’s portfolio of highly engineered aerospace components positions it well to benefit from increased aircraft utilization and an aging global fleet requiring consistent upkeep. Commercial aftermarket revenues climbed approximately 17% year…

Microsoft (MSFT) Stock Notches Longest Win Streak Of 2026 As AI Software Fears Ease

Thomas ShelterAugust 28, 202603 mins

Microsoft (MSFT) shares have sealed their longest winning streak of 2026, as investor anxiety over artificial intelligence disrupting the broader software sector continues to fade. The rally reflects a meaningful shift in market sentiment, with Wall Street growing more comfortable that AI represents opportunity rather than an existential threat to established software companies. BofA Securities…