US Politics & Business News
Read the latest business news today at Congress.net
Prime Minister Andy Burnham’s push to maximize spending flexibility within Britain’s fiscal rules is raising alarm among senior Treasury officials over market stability. UK Treasury officials fear that investors could view the government’s approach as lacking a genuine binding constraint, despite formally remaining within the existing fiscal framework. Burnham, who became prime minister on July…
Artificial intelligence is transforming economies, public administration and legal systems around the world at an unprecedented pace. Today, lawmakers face the challenge of fostering innovation while protecting fundamental rights, ensuring transparency and maintaining accountability. The United States, the United Kingdom, Spain, the European Union and Ukraine are each developing their own approaches to AI regulation….
AST SpaceMobile (NASDAQ: ASTS) shares climbed after Castle Rock Wealth Management disclosed a new 16,015-share position worth approximately $1.38 million in the satellite-broadband company. The purchase adds to growing institutional interest just days before AST SpaceMobile is scheduled to report its second-quarter results on Monday, August 10. While the stake is modest relative to AST’s…
The artificial intelligence investment boom has generated extraordinary returns over the past three years, with NVIDIA (NVDA) cementing itself as the defining stock of the AI infrastructure era. But as the market matures and capital flows broaden, investors are now asking where the next generation of AI and technology winners will emerge. According to the…
Mutual fund managers are showing strong conviction in a select group of stocks, with Marvell, Apple, and Santander emerging as the most aggressively purchased names in the latest monthly screen. The screen, which tracks buying activity among the best-performing mutual funds, identified a total of 17 stocks currently in high demand across institutional portfolios. Apple…
SpaceX (SPCX) posted one of its strongest single-day gains since going public, defying expectations that a massive insider share unlock would pressure the stock lower. The stock was on pace for its largest percent increase since June 15, SpaceX’s first full day as a public company, according to Dow Jones Market Data. Shares closed up…
Nvidia (NVDA) shares surged 12% over five trading days, marking the company’s most powerful weekly gain in more than a year. Two distinct catalysts drove the rally, combining to push the chipmaker’s stock significantly higher in a compressed timeframe. The first major catalyst was SpaceX’s commitment to using Nvidia hardware exclusively, a high-profile win that…
SpaceX (SPCX) shares closed up 15.83% at $133.11 on Friday, driven by a combination of strong earnings, easing lockup concerns, and a Terafab update. The broader market also climbed, with the S&P 500 (^GSPC) rising 0.59% to 7,756 and the Nasdaq Composite (^IXIC) gaining 1.28% to 26,686. Trading volume in SPCX reached 236.7 million shares,…
Bipartisan support is building in Congress to significantly expand federal quantum computing investments amid growing concerns about China’s technological ambitions. The House is expected to debate defense funding legislation later this year that would increase annual military spending on quantum development by 68% to $567 million. A parallel effort is underway in the Senate to…
RTX Corporation (RTX) is drawing serious attention from momentum investors after posting exceptional price performance across multiple timeframes in 2026. The aerospace and defense giant currently holds a Momentum Style Score of A, according to Zacks Equity Research, placing it among the market’s strongest near-term candidates. Momentum investing centers on following a stock’s established trend,…