US Politics & Business News
Read the latest business news today at Congress.net
The artificial intelligence investment boom has generated extraordinary returns over the past three years, with NVIDIA (NVDA) cementing itself as the defining stock of the AI infrastructure era. But as the market matures and capital flows broaden, investors are now asking where the next generation of AI and technology winners will emerge. According to the…
Mutual fund managers are showing strong conviction in a select group of stocks, with Marvell, Apple, and Santander emerging as the most aggressively purchased names in the latest monthly screen. The screen, which tracks buying activity among the best-performing mutual funds, identified a total of 17 stocks currently in high demand across institutional portfolios. Apple…
SpaceX (SPCX) posted one of its strongest single-day gains since going public, defying expectations that a massive insider share unlock would pressure the stock lower. The stock was on pace for its largest percent increase since June 15, SpaceX’s first full day as a public company, according to Dow Jones Market Data. Shares closed up…
Nvidia (NVDA) shares surged 12% over five trading days, marking the company’s most powerful weekly gain in more than a year. Two distinct catalysts drove the rally, combining to push the chipmaker’s stock significantly higher in a compressed timeframe. The first major catalyst was SpaceX’s commitment to using Nvidia hardware exclusively, a high-profile win that…
SpaceX (SPCX) shares closed up 15.83% at $133.11 on Friday, driven by a combination of strong earnings, easing lockup concerns, and a Terafab update. The broader market also climbed, with the S&P 500 (^GSPC) rising 0.59% to 7,756 and the Nasdaq Composite (^IXIC) gaining 1.28% to 26,686. Trading volume in SPCX reached 236.7 million shares,…
Bipartisan support is building in Congress to significantly expand federal quantum computing investments amid growing concerns about China’s technological ambitions. The House is expected to debate defense funding legislation later this year that would increase annual military spending on quantum development by 68% to $567 million. A parallel effort is underway in the Senate to…
RTX Corporation (RTX) is drawing serious attention from momentum investors after posting exceptional price performance across multiple timeframes in 2026. The aerospace and defense giant currently holds a Momentum Style Score of A, according to Zacks Equity Research, placing it among the market’s strongest near-term candidates. Momentum investing centers on following a stock’s established trend,…
President Donald Trump is once again pursuing the removal of Federal Reserve Board Governor Lisa Cook, reviving a campaign that the Supreme Court blocked earlier this year. The White House said this week that Trump is “considering” firing Cook, sending a letter signed by Deputy Chief of Staff Dan Scavino that was first reported by…
Palantir Technologies (PLTR) delivered one of its most explosive trading weeks in recent memory, driven by a stunning second-quarter earnings report that shattered Wall Street expectations. Shares of the data analytics and AI company surged 29.5% on Tuesday alone, narrowly missing the stock’s best single-day gain ever, which was a 30.8% jump recorded on February…
Nonfarm payrolls in the United States unexpectedly declined in July, leaving investors struggling to interpret contradictory signals from the latest monthly employment report. The headline number showed a loss of 23,000 jobs, but economists caution that figure does not fully capture what is happening beneath the surface of the labor market. A significant portion of…