US Politics & Business News
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American Tower (NYSE: AMT) is bracing for a slower growth period this year before an anticipated acceleration begins to take hold in 2027. CFO Rod Smith told a Citi event hosted by analyst Mike Rollins that 2026 represents a trough year for organic tenant billings growth as customer churn moderates. Smith said U.S. carriers have…
Both D-Wave Quantum (QBTS) and Rigetti Computing (RGTI) have secured up to $100 million each through the CHIPS and Science Act, marking a significant federal endorsement of quantum computing. The funding deals give the Department of Commerce a minority ownership position in each company, without granting the government any operational control over either firm. For…
GE Aerospace (GE) is seeing sustained strength in its Defense and Propulsion Technologies segment, with revenues climbing 16% year over year to $3.4 billion in the second quarter of 2026. Within the segment, Defense and Systems business revenues rose 11.7% to $2.2 billion, while Propulsion and Additive Technologies revenues surged 23.4% to $1.2 billion. That…
Bank of America analyst Vivek Arya believes Marvell Technology could generate up to $30 billion in revenue by the end of the decade from components complementing its custom data-center chips. Arya maintained a buy rating on Marvell Technology (MRVL) shares, signaling strong confidence in the company’s long-term growth trajectory within the data center market. Marvell…
An anonymous widow is planning a generous tribute to her late husband by paying for every walk-in customer’s meal at two of his favorite fast-casual restaurants. She intends to carry out the gesture on two significant dates: his birthday in April and the anniversary of their first date in September. Her husband passed away earlier…
American Tower Corporation (AMT) is pointing to a cluster of converging trends that its leadership believes will sustain demand for wireless infrastructure well into the next decade. Speaking at the Goldman Sachs Communacopia + Technology Conference, President and Chief Executive Officer Steven Vondran identified four key catalysts driving the business: densification, 6G, spectrum availability, and…
AeroVironment (NASDAQ: AVAV) is positioning itself for a full stock value restoration, driven by surging defense demand and a record-breaking funded backlog. The defense drone maker reported Q1 fiscal year 2027 revenue of $480.5 million, representing roughly 6% growth and setting a new company record for the period. That top-line result outpaced the consensus estimate…
A patient is speaking out after their health insurance plan was abruptly canceled without any prior notice, leaving them unable to obtain a medically necessary MRI. The case raises serious legal and consumer protection questions about what insurers are permitted to do when terminating coverage outside the Affordable Care Act marketplace. The plan in question…
OpenAI will not go public this year, with CEO Sam Altman confirming the highly anticipated listing is off the table for 2026. Altman made the remarks during an interview with Fortune Editor-in-Chief Alyson Shontell, addressing questions about whether the company still feels pressure to move quickly due to its IPO plans. “I actually think that,…
AST SpaceMobile is seeking an extension from the Federal Communications Commission for its 800 MHz satellite testing window, currently set at 30 days. The company, traded on Nasdaq under the ticker ASTS, has been working to expand its satellite broadband network across low Earth orbit. The 800 MHz band is considered a critical frequency range…