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.

Sen. Ed Markey Defeats Seth Moulton In Massachusetts Senate Primary, Defying Generational Shift Sweeping Democratic Party

Eighty-year-old Sen. Ed Markey (D-Mass.) turned back a challenge from younger rival Seth Moulton on Tuesday, winning the Massachusetts Democratic Senate primary by a commanding margin. With roughly 71 percent of the vote counted as of 11:15 p.m. EDT on Tuesday, Markey led Moulton by nearly 30 percentage points, signaling a decisive and comfortable victory…

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Palo Alto Networks (PANW) Beats Earnings Estimates As AI Cybersecurity Demand Surges

Palo Alto Networks delivered a stronger-than-expected quarterly performance, with growing artificial intelligence threats driving increased demand for its cybersecurity products. The company reported adjusted earnings per share of $1.02, beating the consensus estimate of 98 cents, while revenue reached $3.41 billion against the $3.35 billion analysts had forecast. Revenue jumped 34% year over year, climbing…

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House Votes 413-2 To Censure Rep. Chuck Edwards Over Sexual Harassment Of Female Staffers

The House voted overwhelmingly Tuesday to censure Rep. Chuck Edwards, a North Carolina Republican found to have harassed two female aides on his staff. The 413-2 vote followed a House Ethics Committee recommendation that Edwards be censured after investigators found he engaged in “persistent unprofessional and inappropriate conduct” toward the two women. Immediately after the…

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AST SpaceMobile (ASTS) Fights Back Against 54% Slide With FCC Wins And BlueBird Expansion

AST SpaceMobile (ASTS) has seen its stock fall nearly 54% since May, pressured by cash burn, share dilution, and persistent insider selling concerns. Despite the sharp decline, several meaningful catalysts have emerged that could shift momentum for the satellite connectivity company in the months ahead. The FCC granted AST SpaceMobile commercial authority to operate a…

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AI Connectivity Stocks Poised To Surge As Infrastructure Bottleneck Shifts From GPUs

The next major wave of artificial intelligence investment is moving beyond chips and into the networks that connect them at massive scale. Analysts are increasingly pointing to connectivity and optical networking stocks as the primary beneficiaries of evolving AI infrastructure demands across the industry. As GPU capacity has expanded rapidly, the bottleneck in AI systems…

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Voyager Technologies (VOYG) Tops Space Sector In August As BofA Sees 34% Additional Upside

Voyager Technologies (VOYG) emerged as the strongest performer among major space stocks in August, outpacing rivals across the sector by a significant margin. VOYG shares surged 37% during the month, outrunning SPCX’s 33% gain, LUNR’s 25% rise, ASTS’s marginal 0.2% uptick, and RKLB’s 2% decline. Bank of America Securities raised its price target on VOYG…

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Morgan Stanley Upgrades Robinhood (HOOD), Sets $150 Target On User Monetization Strength

Morgan Stanley has upgraded Robinhood Markets (HOOD) to Overweight from Equal Weight, citing underappreciated potential in how the platform monetizes its existing customer base. The investment bank simultaneously raised its price target on shares to $150 from $124, implying roughly 43% upside from recent closing levels. Analyst Michael Cyprys outlined the core argument in a…

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Hard-Line Republicans Threaten To Freeze House Floor Over Stalled Elections Bill

House conservatives are once again threatening to grind legislative business to a halt, escalating their standoff with Republican leadership over a stalled elections measure backed by President Donald Trump. Rep. Anna Paulina Luna (R-FL) and a group of allied hard-liners have derailed planned House business, arguing that Speaker Mike Johnson has not done enough to…

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