US Politics & Business News
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AST SpaceMobile, Inc. (ASTS) closed the most recent trading session at $63.69, representing a gain of 2.91% from the previous day’s close. The broader market told a different story, with the Dow Jones Industrial Average falling 0.36% while the Nasdaq posted a gain of 0.45% on the same trading day. Despite Tuesday’s positive movement, ASTS…
Speculative quantum-computing stocks are facing a sharp reality check as investors grow less willing to pay a premium for long-dated growth stories. D-Wave Quantum (QBTS) has declined 27.7% over the past three months, while Quantinuum (QNT) has fallen 25.1% in the same period. The Federal Reserve raised its benchmark federal funds target range by 25…
California’s labor movement notched a significant win in 2025, adding more than 100,000 union members and outpacing the national rate of growth, according to a sweeping new study produced by researchers across nearly every campus in the University of California system. The study, called “State of the Unions,” was spearheaded by UCLA’s Institute for Research…
A Reuters report on Iran offering to reopen the Strait of Hormuz within seven days has triggered a sharp selloff in aerospace and defense shares Tuesday morning. Iran’s offer is contingent on the U.S. taking initial steps toward easing military pressure, according to the Reuters report driving Tuesday’s market moves. Crude oil is falling for…
The Nasdaq Composite has surged to record highs, and analysts are now warning investors that waiting for a pullback before buying could be a costly mistake. The index’s rapid climb has caught many market participants off guard, particularly those who have remained on the sidelines anticipating a significant correction before entering positions. Market momentum of…
SanDisk (SNDK) shares climbed in pre-market trading after Rosenblatt analyst Kevin Cassidy initiated coverage with a Buy rating and a $2,400 price target. Cassidy sees approximately 36% upside from SanDisk’s September 22 closing price of $1,766.64, citing AI infrastructure as a structural growth driver. The analyst believes AI computing is creating an opportunity to make…
Lloyds Banking Group (NYSE: LYG) chief executive Charlie Nunn says U.K. households and businesses have remained resilient despite a slower economic growth environment. Speaking at a Bank of America event, Nunn described Lloyds’ consistent economic outlook as a “resilient but slower growth economy,” with real GDP growth expected between 1% and 2% over the next…
AST SpaceMobile (ASTS) is building momentum fast, with a growing satellite constellation, imminent beta service, and a new international partnership adding fuel to its bull case. The company is targeting 45 to 60 satellites in orbit by the end of 2026, with a larger deployment already scheduled for early 2027. AST has successfully launched its…
D-Wave Quantum (QBTS) reported Q2 2026 revenue of $3.1 million, flat year over year and below the $4.02 million analysts had expected. Across seven of the last eight quarters, the company’s revenue has stayed inside a roughly $2 million to $4 million band, with one notable outlier. That exception was a $15 million annealing system…
Boeing (BA) shareholders are watching closely whether the company’s commercial airplane division can turn a profit on the jets it sells. In the second quarter of fiscal 2026, the commercial airplane business posted an operating margin of negative 2.7%, meaning costs exceeded sales. The jet division generates nearly half of Boeing’s total quarterly revenue, making…