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.

Donald Trump

Republicans Win Redistricting Battles But Democrats Lead in Enthusiasm Ahead of November Midterms

Republicans secured a pair of significant redistricting victories in Virginia and Tennessee this week that analysts estimate could net the party between four and five additional House seats in November, providing meaningful but not decisive structural benefit to a majority already sitting at its thinnest margins in the current Congress. The Virginia Supreme Court blocked…

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Florida Gas Prices Hit Four-Year High as Iran War Drives $1.46/Gallon Spike, Forcing Miami Drivers to Rethink Daily Costs

Florida motorists are paying more at the pump than at any point since July 2022 after a dramatic 40-cent single-week surge pushed the state average to $4.34 per gallon, a price spike directly tied to the ongoing US-Iran conflict and the sustained disruption of the Strait of Hormuz that has sent global oil markets into…

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Trump’s Record-Low 37% Approval and Saudi LIV Golf Deal Deepen Republican Midterm Anxiety With Six Months to Go

President Donald Trump is heading into the final six months before the 2026 midterm elections carrying his worst approval rating of either presidential term, facing an electorate that overwhelmingly blames him for surging fuel costs and growing questions about whether his decision to host a Saudi-backed golf tournament at his own Virginia club this weekend…

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Amazon (NASDAQ: AMZN) Posts AWS Record as AI Spending Reaches $44 Billion in a Single Quarter

Amazon delivered a striking set of first-quarter 2026 results that underscored both the scale of its AI investment and its ability to generate growth across every major business segment simultaneously. Total revenue reached $181.5 billion, up 17% year-over-year and comfortably ahead of the $177.3 billion analyst consensus. Adjusted earnings per share of $2.78 demolished the…

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Palantir (NASDAQ: PLTR) Posts Fastest Revenue Growth Since IPO as US Government AI Spending Accelerates

Palantir Technologies reported its strongest quarterly revenue growth since going public in 2020, with first-quarter 2026 revenue rising 85% year-over-year to $1.633 billion, well ahead of the $1.54 billion analyst consensus. Adjusted earnings per share of $0.33 beat the expected $0.28, and net income roughly quadrupled to $871 million, representing a 53% GAAP margin that…

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Alphabet (GOOGL) Enters Q1 Earnings With Record Cloud Backlog, Zero Sell Ratings and a Year of Market-Leading Gains

Alphabet Inc. (NASDAQ: GOOGL / GOOG) reports its first-quarter 2026 earnings on Wednesday April 29 as the strongest performer among the five Magnificent 7 companies announcing results this week, having roughly doubled in stock price over the past year and led the group year-to-date, a run built on Google Cloud’s extraordinary growth acceleration and a…

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Republicans Retool Midterm Strategy Around Trump’s Policies as Gas Prices and Polling Paint Grim Picture

Republican strategists are executing one of the more delicate political manoeuvres in recent memory, attempting to capture the electoral energy generated by Donald Trump’s presence on the ballot without making the November midterms a direct referendum on a president whose approval ratings have reached the lowest point of his two terms in office, with Reuters…

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Chevron (CVX) Heads Into May 1 Earnings With Iran Oil Boost and $47.31 Billion Revenue Expected

Chevron Corporation (NYSE: CVX) is set to report its first-quarter 2026 earnings before the market open on May 1, with the company having already pre-disclosed selected Q1 guidance items in April that provide investors with more visibility than usual into the quarter’s financial shape, including upstream commodity price impacts of $1.6 billion to $2.2 billion…

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