US Politics & Business News
Read the latest business news today at Congress.net
Space stocks are rallying sharply in midday Friday trading, with SpaceX (NASDAQ: SPCX) leading the charge after a Wall Street upgrade cleared lingering post-IPO concerns. SpaceX stock surged 11% to $127.49, recovering from an intraday low of $114.56 as volume topped 107 million shares in a single session. The catalyst is a fresh Argus upgrade…
D-Wave Quantum (NasdaqGS: QBTS) has published a breakthrough two-qubit entangling gate in the scientific journal Nature, marking a significant step toward practical gate-model quantum computing. The new gate boasts approximately 99.9% fidelity and 500 nanosecond gate times, with error detection built directly into its dual rail architecture. D-Wave positions the result as a milestone on…
Target-date funds have long been a staple of defined-contribution retirement plans, offering a simple, hands-off approach to long-term investing for millions of Americans. Since defined-contribution plans gained popularity in the 1980s, the primary focus for plan sponsors and financial advisors alike has been encouraging workers to save more consistently. A record number of Americans are…
Two of the most closely watched names in the space sector are set to report quarterly earnings Monday in a high-stakes showdown for retail investors. AST SpaceMobile (ASTS) and Rocket Lab (RKLB) have both rallied sharply heading into results, drawing intensified attention from traders on Stocktwits and Wall Street analysts alike. RKLB narrowly outperformed ASTS…
After delivering roughly 12x returns over the past three years, D-Wave Quantum (QBTS) is now facing pointed questions about whether its current price can be sustained. The stock scored just 1 out of 6 on value checks, signaling that it does not screen as a clear bargain across broader valuation metrics. D-Wave trades at a…
Woodward, Inc. (WWD) continues to post rapid earnings growth while expanding its footprint across commercial aerospace, marine transportation, and data-center power generation markets. Management raised fiscal 2026 earnings guidance following another quarter of double-digit sales growth, reinforcing confidence in the company’s near-term trajectory. The central tension for investors is price, as WWD trades well above…
Sweetgreen has pulled jalapeños from its menu after a voluntary recall tied to produce distributed by Coast Citrus Distributors from Sinaloa, Mexico. The salad chain confirmed that jalapeños appear in only two of its 15 dressings, making the ingredient a relatively minor part of its overall sales mix. CEO Jonathan Neman said, “As an added…
When a person dies with outstanding credit card debt, many survivors wonder who is responsible for paying those remaining balances off. Life insurance proceeds are generally paid directly to a named beneficiary, which means they typically do not pass through the deceased’s estate. Because the funds bypass the estate, creditors including credit card companies usually…
Micron Technology (MU) fell in premarket trading after Sandisk’s latest quarterly guidance raised new concerns about the durability of the memory-chip industry’s rapid expansion. Sandisk posted stronger-than-expected quarterly revenue and earnings, but its forward outlook failed to meet the high expectations built up by the memory sector’s enormous recent rally. Management revealed that roughly two-thirds…
AST SpaceMobile (ASTS) endured a brutal July, shedding more than a third of its value after a string of announcements shook investor confidence in the company’s near-term outlook. The turbulence began on July 15, when AST announced a proposed offering of $1 billion in convertible notes, a form of debt that lenders can later swap…