US Politics & Business News
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Consumers across the United States are raising alarms about a wave of unsolicited phone calls promising personal loans of $15,000 at unusually low interest rates. The callers are persistent, with some individuals reporting they receive as many as 10 calls per day from numbers pushing these loan offers. The offers sound attractive on the surface,…
Britain’s headline inflation rate climbed to 3.5% in the 12 months to September, topping economist forecasts and extending a troubling upward trend. Economists polled by Reuters had projected an annual inflation rate of 3.4%, making the September reading a hotter-than-expected result. The September figure marked the highest annual inflation reading in almost a year, following…
AST SpaceMobile (ASTS) shares climbed overnight Tuesday after the company disclosed a new three-year employment agreement with CFO Andrew Johnson, drawing investor attention to his compensation structure. Johnson serves as the company’s executive vice president, chief financial officer, and chief legal officer, making his contract renewal a significant leadership development for the satellite connectivity firm….
D-Wave Quantum (QBTS) has fallen 70.8% over the past year, a stark contrast to the S&P 500’s 17.4% return over the same period. Despite the steep decline, investors continue to value QBTS at 353 times sales, compared with just 3.1 times for the broader index, reflecting enormous expectations for future revenue growth. The company expects…
Stocks opened mixed on Tuesday as semiconductor names reversed the prior session’s gains and crude oil prices surged to multi-month highs. Brent crude futures (BZ=F) hovered near $110 per barrel, reaching a five-month high following Houthi rebel attacks against Saudi Arabia amid the ongoing Middle East conflict. West Texas Intermediate (CL=F) traded just below $100…
Super Micro Computer (NASDAQ: SMCI) stock soared after the company unexpectedly raised its revenue and gross margin guidance for its fiscal first quarter of 2027. SMCI shares closed 17.23% higher at $37.55, with extended trading adding another 11.3% on top of that gain. The company filed an 8-K with the SEC disclosing a preliminary business…
The S&P 500 may be approaching a significant turning point, with analysts warning that a correction of as much as 15% could be on the horizon. History suggests that bull markets do not end with dramatic crashes but instead fade slowly, making the top difficult to identify in real time. As one market observer noted,…
Major UK banks are blocking or restricting customer transfers to cryptocurrency platforms, generating more than 10,000 formal complaints in just three months. A report from Stand With Crypto UK, an advocacy group backed by Coinbase (NASDAQ: COIN), found that 10,092 complaints were filed between May and August 2026. The complaints came from customers who said…
AST SpaceMobile (NASDAQ: ASTS) has lost 42.35% of its value this year, even as satellite sector peers posted sharp gains across the same period. The stock currently trades at $41.87, sitting dangerously close to its 52-week low of $39.87, against a high of $133.86. Wall Street’s consensus price target of $74.28, drawn from 14 analysts,…
D-Wave Quantum (QBTS) is pressing forward with aggressive expansion plans despite a notable decline in its cash reserves following a major acquisition. As of June 30, 2026, the company’s cash and marketable securities totaled $546.2 million, down 33% from $819.3 million recorded a year earlier. More than 90% of that decline was directly tied to…