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.

AST SpaceMobile (ASTS) Valuation Draws Scrutiny After Massive Three-Year Share Price Surge

AST SpaceMobile (ASTS) has seen its share price climb sharply over the past three years, putting its current market value under serious scrutiny from investors. The central question for anyone evaluating ASTS today is whether the company’s balance sheet and book value can reasonably support its current price around US$60 per share. AST SpaceMobile operates…

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Rigetti Computing (RGTI) Battles Revenue Swings And Surging Costs Amid Quantum Expansion

Rigetti Computing (RGTI) is gaining commercial traction in the quantum computing sector, but its financial results remain heavily tied to milestone-driven contracts and a small number of large customers. Second-quarter 2026 revenues climbed to $5.1 million from just $1.8 million a year ago, driven primarily by sales of its 9-qubit Novera systems and related products….

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D-Wave Quantum (QBTS) Locks In $100M Commerce Department Deal To Boost U.S. Quantum Computing Dominance

D-Wave Quantum Inc. (NASDAQ: QBTS) has finalized a definitive agreement with the U.S. Department of Commerce, securing access to up to $100 million in federal funding. The agreement is rooted in the U.S. CHIPS and Science Act, a landmark piece of legislation designed to strengthen domestic technology manufacturing and research capabilities. The deal formalizes a…

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Bettina Trump Defends Russian Oligarch’s Lavish Wedding Gift To Her And Donald Trump Jr.

Bettina Trump, wife of Donald Trump Jr., is pushing back against mounting criticism over a wedding gift from Russian oligarch Umar Kremlev. Taking to Instagram, Bettina Trump sought to clarify the nature of Kremlev’s involvement in the couple’s wedding celebrations and reframe the narrative around their nuptials. “Apparently our wedding is making headlines again, so…

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AST SpaceMobile (ASTS) Grows MNO Network Past 60 Partners As Revenue Path Comes Into Focus

AST SpaceMobile, Inc. (ASTS) is steadily broadening its mobile network operator ecosystem while moving closer to commercializing its space-based cellular broadband service. The company now holds partnerships with more than 60 MNOs globally, collectively representing more than 3 billion subscribers across multiple regions. Rather than competing directly with existing telecom operators, ASTS has built a…

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RTX Earns Investor Attention While TRNS And RXO Face Serious Scrutiny

Industrials companies form the backbone of the American economy, yet the sector has broadly underperformed the broader market over the past six months. The industry’s 5% return lagged the S&P 500 by 8.3 percentage points, a gap that reflects ongoing pressure from volatile macroeconomic conditions affecting capital spending. Interest rates and shifting demand cycles continue…

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