US Politics & Business News
Omnia Training has been awarded a £2bn contract by the UK Ministry of Defence to serve as the British Army’s Strategic Training Partner. The contract tasks Omnia Training with delivering the Army’s Collective Training Service, known as ACTS, in partnership with the British Army. Omnia Training is led by Raytheon UK, an RTX business, and…
AST SpaceMobile (ASTS) has delivered extraordinary returns over the past three years, but questions about whether the stock’s current price reflects too much optimism are now front and center. The company has returned roughly 16x over the past three years, a performance that naturally draws attention to whether meaningful upside still remains for investors buying…
Rackspace Technology (RXT), an AI infrastructure solutions provider, saw its shares tumble roughly 25% on Thursday after the company significantly reduced its full-year financial guidance. The company cut its 2026 revenue outlook by $150 million, citing supply constraints, challenging industry conditions, and shifting internal resource priorities as key factors weighing on near-term performance. Rackspace now…
Shares of Meta Platforms surged more than 6% on Friday, reaching their highest level since April and capping a stunning weekly rally. The roughly 15% weekly gain marked Meta’s strongest performance in years, erasing a year-to-date loss and pushing the stock into positive territory for 2026. Mark Zuckerberg’s social media giant benefited from a wave…
D-Wave Quantum’s subsidiary Quantum Circuits, LLC received a $1,566,250 National Science Foundation grant on July 1, 2026, under the ERASE project. The grant gives researchers access to D-Wave’s superconducting dual-rail gate-model quantum computing resources, specifically to advance fault-tolerant technologies. The NSF-backed collaboration is led by Yale University and deepens D-Wave’s role in U.S. quantum innovation…
A looming generational shift in small business ownership threatens to reshape the American economy in ways few policymakers have fully reckoned with. Baby boomer owners of roughly six million American small and medium-sized companies will retire between now and 2035, according to research from McKinsey. McKinsey has described the coming wave as “a once-in-a-generation wave…
AST SpaceMobile (ASTS) is building a satellite network designed to let standard smartphones connect directly to satellites without any specialized equipment. This capability holds significant implications for military personnel and emergency responders who need reliable communications when ground-based networks go down or are disrupted. The company’s BlueBird low Earth orbit satellites deliver connectivity across remote…
SK Hynix is set to make its long-awaited debut on the Nasdaq, giving U.S. investors direct access to South Korea’s second most valuable company for the first time. The company priced its American depositary receipts at $149 per share, raising $26.5 billion to fund an aggressive expansion into new factories and equipment. Demand for the…
A sharp sector-wide selloff in July has dragged down three of the most closely watched names in the commercial space industry. Rocket Lab (NASDAQ: RKLB), AST SpaceMobile (NASDAQ: ASTS), and Intuitive Machines (NASDAQ: LUNR) have each declined sharply over the past month despite growing contract backlogs and government awards. Investors should treat this group as…
Delta Air Lines (NYSE: DAL) reported first-quarter adjusted operating revenue of $14.2 billion, a 9.4% increase over the prior year and a record for the March quarter. The strong top-line result came even as the carrier absorbed what it described as the highest quarterly fuel expense in its history, pressuring margins heading into the spring…