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.

D-Wave Quantum (QBTS) Confronts Legal Probes And Leadership Uncertainty After Revenue Miss

D-Wave Quantum (NasdaqGS: QBTS) is navigating a turbulent stretch following its chief financial officer’s resignation and a disappointing revenue performance that fell short of expectations. Several shareholder rights law firms have launched investigations into potential securities law violations and possible misstatements made to investors by the company. The probes center on whether D-Wave Quantum’s disclosures…

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Intel (INTC), Micron (MU), And AMD (AMD) Lead Chip Stocks To Sharp Gains As Demand Concerns Ease

Semiconductor stocks surged Thursday, extending a powerful recovery from a punishing selloff that rattled the sector earlier in the week. Intel (INTC) led the charge with an 8.6% gain after CEO Lip-Bu Tan made striking comments at a tech conference about the company’s manufacturing constraints. Tan told the conference that Intel can satisfy only about…

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Ousted US Institute Of Peace Board Members Seek Emergency Court Order To Block Trump Name Carving

Ousted board members of the U.S. Institute of Peace have filed an emergency motion in a federal court in Washington to block the carving of President Donald Trump’s name into the building’s facade. The motion alleges that a contractor has already been selected to permanently engrave Trump’s name into the Constitution Avenue headquarters of the…

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IonQ (IONQ) Faces Valuation Reset As Quantum Commercialization Lags Technological Progress

As the third quarter of 2026 nears its end, the selloff in pure-play quantum computing stocks looks increasingly like a valuation and commercialization reset across the sector. Since reporting second-quarter results, IonQ (IONQ) shares have declined 7.3%, reflecting growing investor frustration with the gap between technological milestones and financial returns. Direct peers Rigetti Computing (RGTI)…

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Pennsylvania Threatens To Pull CDC Request Unless Agency Formally Recognizes Measles Deaths

Pennsylvania’s health department is seeking emergency federal support to combat a rapidly growing measles outbreak, but with a pointed condition attached to the request. The state has demanded the CDC formally recognize four measles-associated deaths before Pennsylvania will accept any assistance from the federal agency. The dispute has escalated into a broader standoff between Governor…

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AST SpaceMobile (ASTS) Secures Thermal Patent As Satellite-To-Smartphone Race With Starlink Intensifies

Shares of AST SpaceMobile (ASTS) climbed 0.5% in premarket trading Wednesday after the company secured a new U.S. patent covering critical thermal-management technology inside its massive satellite antenna arrays. The gain followed a 2% decline in Tuesday’s regular session, which left ASTS stock closing at $58.77 per share. The U.S. Patent and Trademark Office issued…

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UK Inflation Surges To 3.1% As Iran War-Driven Energy Shock Pushes Fuel Prices To Four-Year Highs

Britain’s annual inflation rate climbed to 3.1% in August, marking the first reading above 3% since March, driven largely by surging motor fuel costs. The figure came in line with economists’ expectations and follows a 2.9% reading in July, when a government-regulated energy price cap was revised sharply upward. The Office for National Statistics reported…

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