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.

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

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…

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

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…

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Nvidia (NVDA) Revenue Forecast Stuns Wall Street As SpaceX Emerges As Major Growth Driver

Nvidia’s latest revenue forecast has left Wall Street analysts searching for explanations, with SpaceX increasingly cited as a significant factor behind the chipmaker’s surging numbers. The company projected third-quarter revenue of $108.0 billion, plus or minus 2%, comfortably ahead of analysts’ average estimate of $104.19 billion. That guidance followed a second quarter in which Nvidia’s…

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Fed Chair Warsh Warns Inflation Fight Not Over, Calls For A Quieter Central Bank At Jackson Hole

Federal Reserve Chairman Kevin Warsh delivered a closely watched speech Friday at the Fed’s annual Jackson Hole symposium, expressing fresh concern about elevated inflation. Warsh stopped short of committing to either forward guidance or a reaction function for monetary policy, instead outlining his broader philosophy on governance. He acknowledged that recent price data offered limited…

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Trump Space Memo And 1,000 Launch Goal Give AST SpaceMobile (ASTS) A Powerful Lift

AST SpaceMobile (ASTS) is drawing renewed investor interest after a significant government policy shift threw its weight behind the commercial space sector. President Donald Trump signed a memorandum aimed at dramatically expanding U.S. commercial space activity, setting a target of at least 1,000 commercial launches and reentries per year by 2030. That figure represents a…

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Infleqtion (INFQ) Surges 6% After Landing $20M NASA Quantum Gravity Contract While IonQ (IONQ) Catches Sympathy Bid

Infleqtion (NYSE: INFQ) stock is climbing 6% to $14.32 in early Thursday trading after confirming a $20 million follow-on contract from NASA for quantum gravity sensor development. The award funds continued work on the Quantum Gravity Gradiometer Pathfinder, a mission led by NASA’s Jet Propulsion Laboratory to fly the world’s first space-based quantum gravity sensor….

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