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.

Pentagon Pushes Boeing (BA), Lockheed (LMT), And RTX (RTX) To Speed Up Weapons Output Amid Iran War Pressure

The Pentagon has formally asked major U.S. defense contractors to accelerate production and delivery of critical weapons systems as the Iran war strains military stockpiles. Deputy Defense Secretary Steve Feinberg sent the request in an August 5 letter to companies including Boeing Co (NYSE: BA), Lockheed Martin Corporation (NYSE: LMT), and RTX Corp (NYSE: RTX)….

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D-Wave Quantum (QBTS) Shares Drop Despite 1,120% Bookings Surge As Revenue Misses Expectations

D-Wave Quantum (QBTS) saw its stock slide following the release of its latest quarterly earnings report, even as the company revealed a dramatic surge in customer activity. The quantum computing firm reported a staggering 1,120% increase in bookings, a figure that would typically signal strong momentum for any technology company. Despite that eye-catching metric, the…

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Worst Long-Term Care Insurance Companies

D-Wave Quantum (QBTS) Q2 Earnings Call Highlights Commercial Traction And Long-Term Gate-Model Roadmap

D-Wave Quantum Inc. (QBTS) used its second-quarter 2026 earnings call to outline two central priorities: expanding commercial adoption of annealing quantum computing and progressing toward fault-tolerant gate-model systems. President and CEO Alan Baratz said D-Wave is targeting a gate-model system with 100 logical qubits and more than 1 million reliable operations by 2032, which management…

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US Air Force

Lloyds Banking Group (NYSE: LYG) Faces Valuation Debate After 217% Five-Year Rally

After surging 217.1% over the past five years, Lloyds Banking Group is now drawing fresh scrutiny over whether its current share price leaves investors enough room for further gains. The stock presents a complicated valuation picture, with different analytical models pointing in sharply opposite directions on whether shares remain attractive at current levels. The Excess…

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Xanadu Quantum Technologies (XNDU) Pushes Chip Output Higher While Investors Track Loss Reduction And Funding Milestones

Xanadu Quantum Technologies (XNDU) posted measurable hardware progress in its second public-company quarter, translating post-listing capital into faster photonic component development and higher fabrication throughput. The company achieved average edge-coupling loss of 0.085 dB per facet, supported by its internal advanced photonic chip-packaging facility, customized fiber and fiber-array work with Corning, and wafer-singulation support from…

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Retirees With $2.3 Million Ask How To Cut Their Tax Bill While Buying Homes In Florida And New England

Many retirees sitting on substantial nest eggs find that managing taxes becomes one of the most complex financial challenges they face after leaving the workforce. A portfolio of $2.3 million places a retiree firmly in territory where federal taxes, state taxes, and investment income rules can significantly erode annual purchasing power. Owning property in two…

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Lockheed Martin (LMT) Surges 15.5% In Three Months — Here’s Whether Investors Should Buy Now

Lockheed Martin (LMT) has surged 15.5% over the past three months, outpacing the Zacks Aerospace-Defense industry’s broader gain of 12.2%. The rally puts LMT ahead of key rivals, with General Dynamics (GD) rising 10.5% and RTX Corporation (RTX) climbing 26.1% over the same period. Lockheed Martin’s broad portfolio of combat-proven systems, including the F-35, PAC-3,…

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