US Politics & Business News
Read the latest business news today at Congress.net
D-Wave Quantum (QBTS) has surged 42.9% over the past year, dramatically outpacing both its industry peers and broader market benchmarks. The quantum computing company’s performance stands in sharp contrast to its industry’s 14.2% decline and towers over the S&P 500’s already-impressive 23.1% gain during the same period. D-Wave develops and delivers quantum computing systems, software,…
L3Harris Technologies (LHX) is aggressively expanding its footprint in the counter-unmanned systems market through a growing lineup of advanced drone defense technologies. As unmanned aerial systems proliferate across military and commercial sectors, L3Harris is positioning itself to meet demand with affordable, rapidly deployable solutions capable of detecting, tracking, and neutralizing drone threats. A centerpiece of…
Omnia Training has been awarded a £2bn contract by the UK Ministry of Defence to serve as the British Army’s Strategic Training Partner. The contract tasks Omnia Training with delivering the Army’s Collective Training Service, known as ACTS, in partnership with the British Army. Omnia Training is led by Raytheon UK, an RTX business, and…
The yen carry trade, once blamed for a dramatic global market selloff in 2024, has staged a powerful comeback and is reshaping currency markets worldwide. Goldman Sachs strategist Stuart Jenkins wrote in a recent report that betting on carry “bears more relevance in the Group of 10 foreign-exchange space than at almost any point since…
AST SpaceMobile (ASTS) has delivered extraordinary returns over the past three years, but questions about whether the stock’s current price reflects too much optimism are now front and center. The company has returned roughly 16x over the past three years, a performance that naturally draws attention to whether meaningful upside still remains for investors buying…
Quantum technology has firmly established itself as a top U.S. national security priority, drawing the direct attention of White House officials and industry leaders alike. The shift in Washington’s posture comes as China identified quantum computing as one of its seven future industries, raising alarms among American policymakers and defense strategists. A recent White House…
Rackspace Technology (RXT), an AI infrastructure solutions provider, saw its shares tumble roughly 25% on Thursday after the company significantly reduced its full-year financial guidance. The company cut its 2026 revenue outlook by $150 million, citing supply constraints, challenging industry conditions, and shifting internal resource priorities as key factors weighing on near-term performance. Rackspace now…
Apple has filed a lawsuit against OpenAI in the Northern District of California, alleging a months-long scheme to steal confidential information and trade secrets. The complaint states directly that “this case is about Apple’s former employees stealing Apple’s trade secrets for the benefit of OpenAI,” signaling an aggressive legal posture from the iPhone maker. Apple…
Shares of Meta Platforms surged more than 6% on Friday, reaching their highest level since April and capping a stunning weekly rally. The roughly 15% weekly gain marked Meta’s strongest performance in years, erasing a year-to-date loss and pushing the stock into positive territory for 2026. Mark Zuckerberg’s social media giant benefited from a wave…
Shares of SpaceX (NASDAQ: SPCX) are trading near $148 on Friday, essentially unchanged from where they opened one month ago following the company’s high-profile market debut. That flat performance may look unremarkable in isolation, but against a battered peer group, it represents the strongest showing in the space sector over the past four weeks. SpaceX…