US Politics & Business News
AST SpaceMobile (NASDAQ: ASTS) shares climbed after Castle Rock Wealth Management disclosed a new 16,015-share position worth approximately $1.38 million in the satellite-broadband company. The purchase adds to growing institutional interest just days before AST SpaceMobile is scheduled to report its second-quarter results on Monday, August 10. While the stake is modest relative to AST’s…
Mutual fund managers are showing strong conviction in a select group of stocks, with Marvell, Apple, and Santander emerging as the most aggressively purchased names in the latest monthly screen. The screen, which tracks buying activity among the best-performing mutual funds, identified a total of 17 stocks currently in high demand across institutional portfolios. Apple…
Nvidia (NVDA) shares surged 12% over five trading days, marking the company’s most powerful weekly gain in more than a year. Two distinct catalysts drove the rally, combining to push the chipmaker’s stock significantly higher in a compressed timeframe. The first major catalyst was SpaceX’s commitment to using Nvidia hardware exclusively, a high-profile win that…
Bipartisan support is building in Congress to significantly expand federal quantum computing investments amid growing concerns about China’s technological ambitions. The House is expected to debate defense funding legislation later this year that would increase annual military spending on quantum development by 68% to $567 million. A parallel effort is underway in the Senate to…
President Donald Trump is once again pursuing the removal of Federal Reserve Board Governor Lisa Cook, reviving a campaign that the Supreme Court blocked earlier this year. The White House said this week that Trump is “considering” firing Cook, sending a letter signed by Deputy Chief of Staff Dan Scavino that was first reported by…
Nonfarm payrolls in the United States unexpectedly declined in July, leaving investors struggling to interpret contradictory signals from the latest monthly employment report. The headline number showed a loss of 23,000 jobs, but economists caution that figure does not fully capture what is happening beneath the surface of the labor market. A significant portion of…
D-Wave Quantum (NasdaqGS: QBTS) has published a breakthrough two-qubit entangling gate in the scientific journal Nature, marking a significant step toward practical gate-model quantum computing. The new gate boasts approximately 99.9% fidelity and 500 nanosecond gate times, with error detection built directly into its dual rail architecture. D-Wave positions the result as a milestone on…
Two of the most closely watched names in the space sector are set to report quarterly earnings Monday in a high-stakes showdown for retail investors. AST SpaceMobile (ASTS) and Rocket Lab (RKLB) have both rallied sharply heading into results, drawing intensified attention from traders on Stocktwits and Wall Street analysts alike. RKLB narrowly outperformed ASTS…
Woodward, Inc. (WWD) continues to post rapid earnings growth while expanding its footprint across commercial aerospace, marine transportation, and data-center power generation markets. Management raised fiscal 2026 earnings guidance following another quarter of double-digit sales growth, reinforcing confidence in the company’s near-term trajectory. The central tension for investors is price, as WWD trades well above…
When a person dies with outstanding credit card debt, many survivors wonder who is responsible for paying those remaining balances off. Life insurance proceeds are generally paid directly to a named beneficiary, which means they typically do not pass through the deceased’s estate. Because the funds bypass the estate, creditors including credit card companies usually…