US Politics & Business News
Read the latest business news today at Congress.net
SpaceX is no longer just a rocket company, and Wall Street analysts are increasingly focused on its fast-growing artificial intelligence infrastructure business. The company has been securing major AI compute deals that analysts believe could dwarf revenues from its core launch and satellite operations in the years ahead. TD Cowen projects that SpaceX’s terrestrial AI…
Advanced Micro Devices (AMD) has agreed to acquire World Labs, a San Francisco-based AI startup, in an all-stock transaction valued at approximately $8.2 billion. World Labs was founded by Fei-Fei Li, a Stanford computer science professor widely regarded as a pioneer in modern artificial intelligence and computer vision research. The company develops spatial-intelligence models capable…
BofA Securities has initiated coverage on IonQ (IONQ) with a Buy rating, signaling growing Wall Street confidence in the quantum computing sector. The firm cited IonQ’s recent acquisitions as a key factor in its assessment, arguing the deals are transforming the company into a diversified quantum technology platform. IonQ has been steadily building out infrastructure…
Russia’s hybrid warfare campaign across Europe has pushed defense spending back to the top of government agendas, keeping investor attention firmly on aerospace and defense companies. Governments routinely prioritize military budgets even during periods of fiscal tightening, making defense stocks a resilient corner of the market for many portfolio managers. Three companies in particular stand…
Nvidia’s stock has grown significantly cheaper on a relative basis even as the company continues to deliver some of the strongest earnings growth in the technology sector. The artificial intelligence chipmaker now fits the profile of a growth-at-a-reasonable-price stock, a category that has historically attracted both value and growth-oriented investors. Nvidia emerged as the biggest…
Income investors across the UK are reassessing their portfolios as bond markets inch closer to flashing alarm signals on the broader US economy. The concern is straightforward: if growth slows and volatility persists, reliable cash flows become the priority for cautious investors seeking shelter. Dividend stocks yielding above 3% with strong payout coverage are drawing…
Germany submitted an amended filing for a proposed 344-satellite D-BLUEBIRD network to the International Telecommunication Union last week, drawing fresh attention to AST SpaceMobile’s (ASTS) expansion plans. The ITU’s public register shows the filing modifies an earlier request, though the agency does not specify what changes were made to the submission. Germany first submitted the…
The Korea Institute of Science and Technology has successfully led a delegation of South Korean quantum deep-tech startups at Quantum World Congress 2026 in College Park, Maryland. KIST spearheaded the initiative through its Global Bridge Program, connecting Korean startups with overseas research institutions, enterprise partners, and investors to drive global commercialization. The program operates under…
Rising geopolitical risks around critical energy routes, including fresh concerns over shipping through the Strait of Hormuz, are forcing governments worldwide to reassess defense budgets. When security priorities shift, companies tied to aircraft engines, satellites, and military technology tend to attract significantly more investor attention and capital. The three stocks examined here come from the…
A potential U.S. ban on diesel exports would first push domestic prices lower, then trigger a sharp surge in gasoline costs, according to Goldman Sachs Group Inc. (GS). Goldman Sachs co-head of global commodities research outlined the scenario in a research note modeling a hypothetical export restriction on the fuel. President Donald Trump has backed…