US Politics & Business News
The U.S. Treasury’s decision to double its buyback of long-dated bonds has failed to deliver the lasting relief markets were hoping for. Treasury Secretary Scott Bessent announced the doubling of bond buybacks from $2 billion to $4 billion, briefly sending yields lower as investors welcomed the move. The initial optimism faded quickly, with yields on…
D-Wave Quantum Inc. (NASDAQ: QBTS) is drawing investor attention after an executive filed a Form 4 disclosing a disposition of 23,850 shares of common stock. The transaction involved Sophie C. Ames, Executive Vice President and Chief Human Resources Officer, whose shares were withheld by the company to cover tax obligations. The share withholding was triggered…
Rocket Lab successfully launched an Earth-imaging satellite for Japan’s Institute for Q-shu Pioneers of Space, marking the company’s 14th launch of 2026. The mission, dubbed “Lightning God Defends,” represented the 93rd overall flight of Rocket Lab’s Electron orbital rocket, launched from New Zealand. The payload, a QPS-SAR satellite, was deployed into low-Earth orbit, completing Rocket…
Canada will impose sweeping retaliatory tariffs on American goods starting September 8, after trade negotiations with the United States collapsed Friday night. Prime Minister Mark Carney announced the measures Saturday, saying Canada would match Washington’s new 50% duties on Canadian exports with equal force. “Canada will match Washington’s new tariffs dollar for dollar in order…
D-Wave Quantum (QBTS) is back in the spotlight after a turbulent stretch, with investors weighing a new board appointment against a steep pullback in share price. The company recently appointed Kevan P. Krysler as an independent Class I director, bringing long-tenured finance and audit expertise to both its board and Audit Committee. The move signals…
Cash App, owned by Block (SQ), has launched a $25 NFC-powered magic wand that functions as a tap-to-pay device, directly capitalizing on a viral social media trend. The product sold out all 10,000 available units on June 4, just hours after going live for purchase on the platform. The wand trend originated with social media…
When a job disappears, health insurance often vanishes with it, leaving millions of Americans scrambling to find affordable alternatives before coverage lapses. Losing employer-sponsored health insurance is one of the most stressful financial consequences of a layoff, particularly for those with ongoing medical needs or prescriptions. The most immediate option available to laid-off workers is…
BMO Capital initiated coverage of D-Wave Quantum Inc. (QBTS) with an Outperform rating, sending the stock higher in Friday premarket trading. Analyst Harsh Kumar set a $35 price target on QBTS, implying an 86% upside from the stock’s most recent closing price. Kumar cited D-Wave’s commercial revenue generation, first-mover advantage, and dual-technology strategy as the…
The U.S. government has refunded roughly $100 billion in tariff revenue to corporations after the Supreme Court struck down President Trump’s “Liberation Day” tariffs earlier this year. The Supreme Court ruled in February 2026 that the tariffs, imposed under the International Emergency Economic Powers Act, were not authorized by that law. The invalidated program had…
D-Wave Quantum (NASDAQ: QBTS) shares climbed 2% on Friday after BMO Capital Markets initiated coverage with a bullish rating and a significant price target. BMO Capital assigned an Outperform rating to QBTS alongside a $35 price target, implying approximately 85% upside from the stock’s latest closing price. BMO analyst Harsh Kumar identified D-Wave as relatively…