US Politics & Business News
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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…
D-Wave Quantum’s subsidiary Quantum Circuits, LLC received a $1,566,250 National Science Foundation grant on July 1, 2026, under the ERASE project. The grant gives researchers access to D-Wave’s superconducting dual-rail gate-model quantum computing resources, specifically to advance fault-tolerant technologies. The NSF-backed collaboration is led by Yale University and deepens D-Wave’s role in U.S. quantum innovation…
The 2026 NATO summit in Ankara concluded this week with sweeping announcements that sent shockwaves through global defense markets and reshaped alliance burden-sharing expectations. U.S. President Donald Trump made clear that European allies can no longer unconditionally count on American protection, forcing member states to aggressively step up their own commitments. NATO allies officially announced…
A looming generational shift in small business ownership threatens to reshape the American economy in ways few policymakers have fully reckoned with. Baby boomer owners of roughly six million American small and medium-sized companies will retire between now and 2035, according to research from McKinsey. McKinsey has described the coming wave as “a once-in-a-generation wave…
Blue Origin is raising $10 billion in its first-ever external funding round, valuing the company at $130 billion pre-money after 26 years of sole Bezos financing. Coatue Management is leading the round with approximately $4 billion, while Jeff Bezos himself is personally contributing $2 billion to the raise. The remaining $4 billion is drawing strong…
AST SpaceMobile (ASTS) is building a satellite network designed to let standard smartphones connect directly to satellites without any specialized equipment. This capability holds significant implications for military personnel and emergency responders who need reliable communications when ground-based networks go down or are disrupted. The company’s BlueBird low Earth orbit satellites deliver connectivity across remote…