Business News - Page 17 of 179

Hyperscalers IBM, Alphabet, And Amazon Offer Quantum Exposure As Pure-Play Stocks QBTS And RGTI Lag

Anthony SinclairSeptember 11, 202605 mins

Zacks Equity Research analysts are spotlighting five major technology stocks as the AI buildout and quantum computing race intensify heading through September 2026. The companies featured include D-Wave Quantum (QBTS), Rigetti Computing (RGTI), IBM (IBM), Alphabet (GOOGL), and Amazon (AMZN), each representing a different position along the AI and quantum investment spectrum. The AI infrastructure…

CDC Declares Record-Breaking U.S. Cyclosporiasis Outbreak Over After Sickening Thousands Across 21 States

Thomas ShelterSeptember 11, 202603 mins

The Centers for Disease Control and Prevention confirmed Friday that the largest cyclosporiasis outbreak in U.S. history has officially ended. The foodborne illness infected 12,833 people across 21 states during the largest single cluster, according to the CDC. Health officials linked that outbreak to shredded iceberg lettuce supplied by Taylor Farms in Mexico, a major…

RSM UK Brings In Veteran Auditor Chris Mayo To Lead Financial Services Risk Practice In London

Anthony SinclairSeptember 11, 202604 mins

RSM UK, an audit, tax and consulting firm, has appointed Chris Mayo as a partner to strengthen its financial services risk and governance team. Mayo will take the lead on the firm’s financial services internal audit business across London and the South East, a key growth market for the practice. The firm says Mayo will…

AST SpaceMobile (ASTS) Faces Heavy Selling Pressure But Contrarian Traders Eye A Short-Term Bounce

Thomas ShelterSeptember 11, 202604 mins

AST SpaceMobile (ASTS) has endured a bruising stretch in 2026, leaving investors to weigh whether the stock can mount any meaningful recovery in the near term. The satellite communications company is down roughly 23% on a year-to-date basis, a slide that has rattled confidence among retail and institutional holders alike. The selling has been even…

U.S. Government Commits $300M To Quantum Computing Firms D-Wave (QBTS), Rigetti (RGTI), And Quantinuum

Anthony SinclairSeptember 11, 202603 mins

The U.S. Commerce Department is investing up to $300 million in minority equity stakes across three leading quantum computing companies, fundamentally reshaping the sector’s valuation outlook. D-Wave Quantum (QBTS), Rigetti Computing (RGTI), and Quantinuum are the three primary beneficiaries of the federal government’s landmark quantum computing investment commitment. The funding is designed to reinforce the…

Worst Long-Term Care Insurance Companies

Northrop Grumman (NOC) Bets On Central And Eastern Europe To Fuel Long-Term Defense Growth

Thomas ShelterSeptember 11, 202604 mins

Northrop Grumman (NOC) is aggressively expanding its footprint across Central and Eastern Europe as NATO allies pour money into air and missile defense, weapons, and surveillance systems. The company’s growing regional engagement positions it to capitalize directly on Europe’s push to strengthen defense capabilities and build local industrial capacity. Northrop Grumman recently announced new industrial…

Salesforce (CRM) Surges On AI Optimism As Wall Street Eyes Agentforce Monetization

Anthony SinclairSeptember 11, 202603 mins

Salesforce (CRM) shares have surged nearly 10% over a recent week, fueled by investor enthusiasm surrounding the company’s expanding artificial intelligence product lineup. The rally reflects growing confidence that Salesforce’s AI strategy, particularly its Agentforce platform, could become a meaningful revenue driver in the months ahead. Agentforce represents Salesforce’s most prominent bet on enterprise AI,…

Consumer Sentiment Crashes To Near-Record Low As Inflation Fears And Energy Prices Surge

Thomas ShelterSeptember 11, 202603 mins

Consumer confidence took a sharp hit in September, falling to its second-lowest level on record as Americans grew increasingly worried about inflation and rising energy costs. The University of Michigan’s Survey of Consumers posted a headline index reading of 47.8 in September, down 7.5% from August and off 13.2% compared to a year ago. The…

Rocket Lab (RKLB) Analysts See 95% Upside As Backlog Surges And Neutron Launch Nears

Thomas ShelterSeptember 11, 202606 mins

Rocket Lab (NASDAQ: RKLB) shares have been under significant pressure recently, but analysts argue the selloff has created one of the more compelling setups in the new-space sector. A 24/7 Wall St. price target of $120.99, against a current price of $61.96, implies roughly 95.3% upside over the next 12 months, supporting a buy rating…

IonQ (IONQ) CEO Predicts Encryption Collapse By 2028, But Markets Are Not Buying The Story

Anthony SinclairSeptember 11, 202606 mins

IonQ (NYSE: IONQ) chief executive Niccolo de Masi used his company’s investor day to deliver one of the boldest pitches in recent quantum computing history. De Masi claimed quantum machines are becoming more powerful without becoming proportionally more expensive, a statement that, if true, would fundamentally change the economics of the sector. He also warned…