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.

China’s Economy Posts Weakest Quarterly Growth Since 2022 As Investment Slump Deepens Stimulus Pressure

China’s economy expanded just 4.3% in the second quarter of 2026, its slowest pace since the fourth quarter of 2022, missing analyst expectations and raising fresh concerns about the country’s growth trajectory. The figure fell short of the 4.5% growth forecast in a Reuters poll and marked a significant deceleration from the 5% expansion recorded…

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Quantinuum (QNT) IPO Puts Rigetti Computing (RGTI) Back In The Spotlight — But Is It A Buy?

Quantinuum’s long-awaited IPO has reignited investor enthusiasm for quantum computing, drawing fresh attention to pure-play names including Rigetti Computing (RGTI). The listing has fueled optimism that growing investor interest, fresh capital and a maturing ecosystem could accelerate the commercialization of quantum computing across industries. Pure-play quantum stocks including IonQ (IONQ), D-Wave Quantum (QBTS) and Quantum…

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IBM (IBM) Stock Crashes 25% As Hardware Boom Blindsides Software And Mainframe Business

International Business Machines (IBM) shares logged their worst single-day decline on record Tuesday after the company issued a disappointing preliminary second-quarter earnings report. The stock plummeted 25%, surpassing the company’s previous worst day on record, when shares fell 23.7% on October 19, 1987. CEO Arvind Krishna pointed to a sudden and dramatic shift in customer…

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Analysts Lay Out The Case For AST SpaceMobile (ASTS) Hitting $300 By 2028

AST SpaceMobile (NASDAQ: ASTS) is pursuing one of the most ambitious goals in the telecommunications industry today. The company wants to deliver cellular coverage to every corner of the planet using a constellation of low-Earth-orbit satellites. Unlike direct-to-consumer satellite competitors, AST operates a carrier-first model that positions it as a partner to existing telecom giants…

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RTX (RTX) Builds Electronic Warfare Dominance As Defense Budgets Surge

RTX Corporation (RTX) continues to expand its footprint in the electronic warfare market through a broad portfolio of advanced attack, sensing and mission systems. The company’s capabilities span electronic attack technologies, advanced radar and sensors that collectively support modern military operations across multiple combat domains. One of RTX’s flagship offerings is the Next Generation Jammer…

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Quantum Computing ETFs WQTM And QTUM Offer Bulls A Path Through Market Volatility

Quantum computing stocks have faced significant pressure, pushing investors toward diversified ETF options that can spread risk across the sector. WisdomTree’s WQTM and Defiance’s QTUM have emerged as two notable vehicles for investors seeking exposure to the quantum computing space. The two funds cater to different investor profiles, with one better suited for short-term traders…

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Social Security Benefits Projected To Rise By Up To $98 A Month In 2027

Early projections suggest Social Security recipients could see a meaningful boost to their monthly benefits when the 2027 cost-of-living adjustment takes effect. The official COLA announcement comes each October, but analysts and advocacy groups have already begun publishing estimates based on current inflation trends. The Social Security Administration calculates the annual adjustment using third-quarter changes…

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June CPI Drops Most Since 2020 As Energy Prices Plunge, Cooling Annual Inflation To 3.5%

Consumer prices posted their sharpest monthly decline in more than six years during June, offering Americans a brief reprieve from the year’s persistent inflation pressures. The consumer price index fell a seasonally adjusted 0.4% for the month, pulling the annual inflation rate down to 3.5%, according to the Bureau of Labor Statistics. Economists surveyed by…

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IonQ (IONQ) Extends Losing Streak To Nine Straight Days As Quantum Stocks Face Broad Selloff

IonQ Inc. (NASDAQ: IONQ) has now recorded nine consecutive days of losses, closing Monday down 9.29 percent at $38.88 per share as investor sentiment soured across growth-oriented sectors. The prolonged decline has erased roughly 27.8 percent of IonQ’s market value over the nine-day stretch, marking a severe and sustained pullback for the quantum computing firm….

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