US Politics & Business News
D-Wave Quantum (NASDAQ: QBTS) shares tumbled 16.6% for the week ending Friday, August 28, 2026, sharply underperforming a broadly rising market. The steep decline stands in stark contrast to gains posted by major indexes, with the S&P 500 climbing 1.1% and the Nasdaq Composite rising 1.8% over the same period. The sell-off was triggered largely…
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…
AST SpaceMobile (ASTS) dropped 15.5% as of 2:14 p.m. ET on Friday, Aug. 28, 2026, bucking a broader market rally driven by macro concerns. The sell-off ran counter to the wider market, with the S&P 500 gaining 1.1% and the Nasdaq Composite advancing 1.8% over the same period. Fed Chair Kevin Warsh signaled that inflation…
RTX Corporation (RTX) has delivered a standout performance in 2026, separating itself from the broader aerospace sector by a significant margin. The company has returned approximately 15.6% since the start of the calendar year, well ahead of the average aerospace stock, which has lost about 1.2% over the same period. RTX belongs to the Zacks…
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…
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…
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….
Good Good Golf’s commercial partnerships are collapsing rapidly following widespread backlash over a controversial advertisement featuring a man shoving a woman to the ground. Callaway (ELY) officially terminated its partnership with Good Good on Thursday, citing a video that it said “trivialized” violence against women. The advertisement, posted on August 21, showed Good Good founder…
AST SpaceMobile (ASTS) shares climbed 3% on Thursday, snapping a three-session losing streak driven by fresh operational milestones from the satellite broadband company. Despite the single-day gain, ASTS remained down 11% for the week, putting the stock on pace for its worst weekly performance in more than a month. The rally followed the company’s announcement…
Boeing (BA) shares are trading at $212.09, down 6.5% over the past year while the broader S&P 500 returned a robust 20.3% over the same period. The gap between Boeing’s stock performance and the index tells only part of the story, as the actual margin picture underneath the recovery narrative is more complicated than headline…