US Politics & Business News
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Long-time Chief Financial Officer John Markovich retired from D-Wave Quantum Inc. on September 2, 2026, marking a notable leadership shift at the quantum computing company. Senior vice president of finance Greg Golkov has stepped in as acting CFO and principal financial and accounting officer, effective immediately following Markovich’s departure. D-Wave emphasized that Markovich’s exit did…
TransDigm Group (TDG) is aggressively pursuing strategic acquisitions to broaden its proprietary aerospace portfolio and deepen its aftermarket capabilities across key segments. The company’s acquisition strategy centers on businesses offering highly engineered products, strong aftermarket potential, and attractive long-term financial returns for shareholders. In April 2026, TransDigm acquired Jet Parts Engineering and Victor Sierra Aviation…
Bloom Energy (BE) has officially been named to the S&P 500, joining a group of other companies set to enter the benchmark index. Index additions typically generate significant buying pressure as funds tracking the S&P 500 are required to purchase shares of newly included companies. Rocket Companies (RKT) and Affirm Holdings (AFRM) have been identified…
The U.S. labor market delivered a powerful surprise in August, adding far more jobs than economists predicted and signaling renewed hiring momentum heading into fall. Nonfarm payrolls rose a seasonally adjusted 162,000 for the month, blowing past the Dow Jones economist consensus estimate of just 53,000 new jobs. The unemployment rate held steady at 4.1%,…
Both companies are racing to blanket the globe with satellite connectivity, but their strategies and valuations tell very different stories for investors weighing their options. AST SpaceMobile (ASTS) is building a proprietary satellite constellation designed to connect directly to standard smartphones without requiring any hardware modifications from users. That direct-to-device approach sets AST apart from…
D-Wave Quantum Inc. (QBTS) is demonstrating meaningful commercial momentum even as second-quarter 2026 revenues held essentially flat at $3.1 million. The share of revenue from commercial customers climbed significantly, representing 62.4% of second-quarter revenues compared to just 45.1% in the same period a year earlier. QCaaS subscription revenues posted strong growth, rising 50% to $1.9…
Redwire Corporation (RDW) has surged 14.3% over the past six months, sharply outperforming the Zacks Aerospace-Defense industry, which fell 15.1% in the same period. The company’s gains stand in contrast to peers Huntington Ingalls Industries (HII) and RTX Corporation (RTX), which posted notably weaker results over the same stretch. HII tumbled 31% over the past…
A 72-year-old widow in Nevada is urgently trying to secure her grandson’s financial future before she dies, given his severe mental illness diagnosis. The woman, who lives in a small Nevada town with limited access to attorneys, has an estate worth approximately $400,000 depending on the value of her investments. Her eldest grandson, who lives…
Women accounted for a dominant share of job growth in August, representing approximately 98% of all positions added during the month. According to a CNBC analysis of Bureau of Labor Statistics data, women gained 158,000 of the 162,000 total jobs added in August, leaving men with just 4,000 net positions. That disparity means men contributed…
SpaceX reclaimed a $2 trillion valuation this week, driven by growing enthusiasm for its AI platform and orbital computing ambitions. Over the past week, SPCX climbed 6% and ASTS gained 1%, while PL plunged 13%, LUNR fell 9%, RDW dropped 8%, RKLB lost nearly 6%, and FLY declined 5%. Oppenheimer raised its SpaceX price target…