US Politics & Business News
Read the latest business news today at Congress.net
Shares of aerospace and defense giant Raytheon climbed 7.3% on Thursday after the company delivered a second-quarter earnings report that exceeded analyst expectations across multiple metrics. RTX posted adjusted earnings per share of $1.89 on revenue of $24.71 billion, representing a year-over-year revenue increase of 14.5% from the prior period. The strong top and bottom-line…
The Trump administration rolled out a sweeping new set of tariffs Thursday, targeting dozens of trading partners across Europe, China, and India, among others. Starting at 12:01 a.m. Friday, new duties of 10% to 12.5% will apply to goods shipped from 60 affected trading partners to the United States. The tariffs are being imposed under…
The S&P 500 is triggering technical sell signals, rattling investor confidence and pushing options traders toward protective positions in major technology stocks. Market participants are paying close attention to Apple (AAPL), Meta (META), and Microsoft (MSFT) as volatility expectations climb across the broader equity market. Options activity in these three mega-cap names has surged, reflecting…
D-Wave Quantum (QBTS) and IonQ (IONQ) have both delivered exceptional stock performance in 2026, fueled by growing investor confidence in the commercialization of quantum technologies. Between April and June, IonQ shares surged 91.7% while D-Wave gained 75.1%, with both stocks outperforming the broader market during the second quarter ending June 30, 2026. The quarter was…
U.S. benchmark equity indexes fell sharply intraday on Thursday as surging oil prices added fresh pressure to an already fragile market session. Brent crude crossed the $100-per-barrel threshold, a psychologically significant level that rattled investor confidence across multiple sectors of the market. Energy cost concerns rippled through Wall Street, pushing the S&P 500 (^GSPC) down…
President Donald Trump says Trump Accounts could lift children out of poverty and give more Americans the opportunity to benefit from stock market investment growth. The tax-advantaged accounts were created through Trump’s signature One Big Beautiful Bill and officially went live on July 4 of this year. The accounts launched two days before Trump rang…
Americans increasingly turn to online communities and social platforms to seek guidance on personal finance decisions and investment strategies. The internet offers a vast pool of perspectives, but knowing how to frame a financial question can determine the quality of advice you receive in return. Financial forums, subreddits, and comment sections are filled with well-meaning…
Tesla (TSLA) shares are heading for their worst single-day drop in a year after the company’s latest earnings call rattled investor confidence across Wall Street. The electric vehicle giant shed roughly $200 billion in market capitalization as traders reacted sharply to the tone and substance of the call. Chief Executive Elon Musk’s pledge to spend…
A new generation of futuristic tech stocks has been cut down by roughly 60% from peak levels, creating both opportunity and risk for investors willing to look closer. Investor Shay Boloor captured the sentiment bluntly in a recent post on X, writing: “THE FUTURE IS ON SALE RIGHT NOW,” pointing to steep losses across nuclear…
D-Wave Quantum Inc. (NYSE: QBTS) has announced it will release its second quarter 2026 financial results on Thursday, August 6, 2026, before market open. The Palo Alto, California-based company describes itself as the only dual-platform quantum computing company providing both annealing and gate-model systems, software, and services. The earnings release will be made available on…