Business News - Page 27 of 175

Rigetti Computing (RGTI) Pushes Toward 1,000-Qubit Systems While Peers IonQ (IONQ) And D-Wave (QBTS) Advance Their Own Quantum Agendas

Anthony SinclairSeptember 1, 202604 mins

Rigetti Computing (RGTI) is deepening its commercial and government reach as it pushes forward on its superconducting quantum computing roadmap toward quantum advantage. The company recently expanded its partnership with Hewlett Packard Enterprise (HPE) and the Pittsburgh Supercomputing Center by supplying a full 9-qubit Novera system for the NSF-funded TangleLab testbed. Researchers at TangleLab will…

Boeing (BA) Defense Segment Posts 13% Revenue Jump As Backlog Hits $85 Billion

Thomas ShelterSeptember 1, 202604 mins

Boeing Co. (BA) is widely recognized for its commercial aviation operations, but its Defense, Space and Security segment is emerging as a meaningful driver of future revenue growth. The BDS segment generated $7.5 billion in revenue during the second quarter of 2026, representing a 13% increase compared with the same period a year earlier, driven…

10-Year Treasury Yield Approaches Critical Tipping Point That Could Rattle All Asset Classes

Anthony SinclairSeptember 1, 202604 mins

Wall Street analysts are increasingly focused on the 10-year Treasury yield as it edges closer to levels historically associated with broad market stress. The widely watched tipping point, according to many analysts, sits around the 4.5% level for the 10-year Treasury yield. HSBC strategists have issued a stark warning about current conditions, describing the situation…

AI Connectivity Stocks Poised To Surge As Infrastructure Bottleneck Shifts From GPUs

Thomas ShelterSeptember 1, 202603 mins

The next major wave of artificial intelligence investment is moving beyond chips and into the networks that connect them at massive scale. Analysts are increasingly pointing to connectivity and optical networking stocks as the primary beneficiaries of evolving AI infrastructure demands across the industry. As GPU capacity has expanded rapidly, the bottleneck in AI systems…

KeyBanc Sets $135 Street-High Target On Rocket Lab (RKLB) Even As Shares Slide More Than 57% From Peak

Anthony SinclairSeptember 1, 202605 mins

Rocket Lab (NASDAQ: RKLB) trades at $63.92, a level that sits well below its 52-week high of $151, representing a peak-to-current drawdown exceeding 57%. Despite the steep decline, Wall Street analysts have not retreated, with consensus price targets implying roughly 77% upside from current trading levels. KeyBanc carries the Street-high target at $135.00, implying approximately…

Voyager Technologies (VOYG) Tops Space Sector In August As BofA Sees 34% Additional Upside

Thomas ShelterSeptember 1, 202604 mins

Voyager Technologies (VOYG) emerged as the strongest performer among major space stocks in August, outpacing rivals across the sector by a significant margin. VOYG shares surged 37% during the month, outrunning SPCX’s 33% gain, LUNR’s 25% rise, ASTS’s marginal 0.2% uptick, and RKLB’s 2% decline. Bank of America Securities raised its price target on VOYG…

GE Aerospace (GE) Stock Pullback Triggers Historical Dip-Buying Signal

Anthony SinclairSeptember 1, 202604 mins

GE Aerospace (GE) has pulled back roughly 10% from its recent high, raising a familiar question for investors weighing quality against timing. The company is sitting on a commercial services backlog of approximately $170 billion, representing a substantial runway for future revenue generation and cash flow. Management has been candid that the core operational challenge…

Morgan Stanley Upgrades Robinhood (HOOD), Sets $150 Target On User Monetization Strength

Thomas ShelterSeptember 1, 202603 mins

Morgan Stanley has upgraded Robinhood Markets (HOOD) to Overweight from Equal Weight, citing underappreciated potential in how the platform monetizes its existing customer base. The investment bank simultaneously raised its price target on shares to $150 from $124, implying roughly 43% upside from recent closing levels. Analyst Michael Cyprys outlined the core argument in a…

Euro Zone Inflation Surges To 3.3% As ECB Rate Hike Looms

Anthony SinclairSeptember 1, 202604 mins

Euro zone inflation climbed back above 3% in August, driven by surging energy costs tied to the ongoing Iran war and Strait of Hormuz disruption. Headline inflation in the euro area rose to 3.3% in August, up from 2.9% in July, marking the highest level since September 2024. The data came from a flash estimate…

Japan Backs 700 MHz BlueBird Framework, Sending (ASTS) Stock Out Of Two-Month Slide

Thomas ShelterAugust 31, 202605 mins

Japan’s regulatory approval of a 700 MHz satellite communications framework has given AST SpaceMobile a significant boost heading into the final stretch of 2026. Shares of AST SpaceMobile (ASTS) rose 2% on Monday, ending August marginally in positive territory after falling 22% in June and 34% in July. Japan’s Ministry of Internal Affairs and Communications…