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.

Lloyds Banking Group (NYSE: LYG) Shares May Be Trading Nearly Half Below Their True Worth

Lloyds Banking Group (NYSE: LYG) has delivered a remarkable share price run in recent years, prompting serious questions about whether current valuations still reflect the bank’s underlying capital efficiency. Over the past five years, LYG shares have returned an impressive 217.0%, a performance that naturally draws investor scrutiny toward how much upside remains at today’s…

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U.S. Energy Department Launches $215 Million Quantum Computing Competition To Counter Global Rivals

The Trump administration is making a major push into quantum computing, with the U.S. Energy Department unveiling a $215 million initiative to accelerate American leadership in the field. The program, called Quantum Genesis Q, is structured as a competition designed to produce an error-corrected, “scientifically relevant” quantum computer. Quantum computing has emerged as one of…

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Lloyds Banking Group (LYG) Targets 20% Return On Equity And AI-Driven Growth Under Accelerate 2030 Strategy

Lloyds Banking Group (NYSE: LYG) has unveiled its Accelerate 2030 plan, committing £13 billion in total cash investment over four years, or roughly £3.25 billion annually. Chief Financial Officer William Chalmers outlined the strategy at the Barclays Global Financial Services Conference, describing it as a direct evolution of the bank’s previous 2022–2026 plan. Chalmers said…

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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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