Business News - Page 33 of 208

D-Wave Quantum (QBTS) Adds BNP Paribas Technology Veteran Bernard Gavgani To Its Board Of Directors

Anthony SinclairSeptember 21, 202603 mins

D-Wave Quantum Inc. (NASDAQ: QBTS) has appointed financial technology executive Bernard Gavgani to its Board of Directors and Cybersecurity Committee, the company announced Monday. D-Wave describes itself as the only dual-platform quantum computing company offering both annealing and gate-model systems, software, and services. Gavgani currently serves as Senior Advisor for Technology and Innovation to BNP…

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Wall Street Bullish On RTX Corporation (RTX), But Analysts Urge Caution Before Buying

Thomas ShelterSeptember 21, 202604 mins

RTX Corporation (RTX) is drawing strong enthusiasm from Wall Street brokers, with an average brokerage recommendation of 1.80 on a scale of 1 to 5, where 1 represents a Strong Buy. That figure is derived from the actual recommendations of 25 brokerage firms, placing the consensus squarely between Strong Buy and Buy territory. Of those…

KeyBanc Names AT&T (T) The Smartest Bet In Wireless, Sets $36 Price Target

Anthony SinclairSeptember 21, 202603 mins

AT&T (NYSE: T) has earned a top recommendation from KeyBanc analyst Brandon Nispel, who assigned the telecom giant an Overweight rating alongside a $36 price target. Nispel also issued an Overweight rating on T-Mobile (NASDAQ: TMUS) with a $250 price target, signaling broad confidence in select wireless carriers heading into the second half of 2026….

Novo Nordisk (NVO) Stock Slides As Investors Doubt Company’s Ambitious 2030 Roadmap

Thomas ShelterSeptember 21, 202604 mins

Novo Nordisk (NVO) shares tumbled nearly 6% in Copenhagen trading as the Danish drugmaker’s long-term strategic goals failed to reassure skeptical investors. The company used its London Capital Markets Day to unveil its 2030 ambitions, marking the first major strategic reset under new CEO Mike Doustdar. Novo said it wants revenue from 2026 to 2030…

S&P 500 (^GSPC) Futures Inch Higher As Bond Yields And Weak Manufacturing Cloud Market Outlook

Thomas ShelterSeptember 21, 202603 mins

US equity futures are trading slightly higher Monday morning, with E-mini S&P 500 contracts up roughly 0.1% and Nasdaq-100 futures gaining around 0.6%. The overall backdrop remains complicated, as global bond yields continue climbing and put pressure on borrowing costs for households and businesses alike. The US 10-year yield moved approximately 6.8 basis points higher,…

L3Harris (LHX) Bets On International Expansion To Drive Future Revenue Growth

Thomas ShelterSeptember 21, 202604 mins

L3Harris Technologies (LHX) is aggressively expanding its footprint across international markets, positioning itself to serve a much broader customer base beyond U.S. borders. In fiscal 2025, the company’s international revenues reached $4.8 billion, accounting for 22% of total revenues across its global operations. L3Harris serves customers in more than 100 countries, giving the company exposure…

Defense ETFs ITA, PPA, And XAR Positioned For Multi-Year Gains After JATM Framework Deal

Anthony SinclairSeptember 20, 202606 mins

The U.S. Department of War has signed a landmark framework agreement with Lockheed Martin (LMT) to rapidly scale production and delivery of the AIM-260 Joint Advanced Tactical Missile, known as JATM. The agreement establishes a multi-year procurement pathway that sends clear, long-term demand signals across the entire military industrial base, especially for missile manufacturers. Defense…

Nine In Ten Voters Fear National Debt Crisis As 2026 Midterms Draw Near

Thomas ShelterSeptember 20, 202604 mins

A sweeping bipartisan poll reveals that 90% of voters are deeply concerned the national debt is driving up inflation and everyday costs. The Peter G. Peterson Foundation survey found voters directly linking the debt to rising prices for groceries, energy, housing, and transportation across the country. The national debt is now approaching $40 trillion, a…

Record Diesel Prices Hammer Trucking, Farming, And Construction As Fuel Shock Rattles Economy

Anthony SinclairSeptember 20, 202604 mins

Diesel prices in the United States have shattered records in rapid succession, with the national average climbing to $6.45 per gallon as of Friday, according to AAA. That figure represents a five-cent increase from Thursday alone and a staggering jump of 39 cents over just one week of trading. The prior record of $5.94 per…

Boeing (BA) Ramps Narrow-Body Production To Highest Rate Since 2018, But Stock Remains 22% Below Peak

Anthony SinclairSeptember 20, 202605 mins

Boeing (BA) stock has fallen roughly 8% over the past year and trades approximately 22% below its 52-week high, even as factory output climbs to levels unseen since 2018. The disconnect between the shop floor and the stock price defines the central question facing Boeing investors right now heading into the final months of 2026….