Business News

Rigetti Computing’s (RGTI) first-quarter 2026 results revealed a financial position that stands out sharply among emerging quantum computing companies navigating a difficult funding environment. The company ended the quarter with nearly $569 million in cash, cash equivalents and available-for-sale investments, while carrying absolutely zero debt on its balance sheet. This level of liquidity gives Rigetti…

RTX (NYSE: RTX) subsidiary Pratt & Whitney has signed a Memorandum of Understanding with Tigerair Taiwan to power 15 Airbus A321neo aircraft with GTF engines. The agreement covers four firm aircraft and 11 leased aircraft, extending a partnership that dates back to the airline’s founding in 2014. Tigerair Taiwan currently operates nine Airbus A320neo family…

Jim Cramer used his Lightning Round segment on CNBC’s Mad Money to deliver a series of pointed calls across several high-profile stocks. The veteran market commentator endorsed Lyft (NASDAQ: LYFT) near current levels, citing the company’s leadership and strong free cash flow generation as reasons to buy. “I think David Risher’s doing a good job….

Shares of major space sector stocks caught a strong bid Tuesday as the group rebounded sharply from recent weakness across the board. AST SpaceMobile (NASDAQ: ASTS) led the move with a 12% gain, pushing shares to $64 as investors responded to a significant capital raise announcement. SpaceX (NASDAQ: SPCX) shares climbed 7% to $128 after…

Collins Aerospace, a business unit of RTX (NYSE: RTX), and Etihad Engineering have announced a new joint venture to provide nacelle maintenance, repair, and overhaul services in Abu Dhabi. The two companies made the announcement at the Farnborough International Airshow, signaling a significant expansion of MRO capabilities across the Middle East aviation sector. The joint…

Shares of AST SpaceMobile (ASTS) climbed 3% in premarket trading on Tuesday after Midland officials projected a 132% return on the city’s incentive investment tied to a major manufacturing expansion. The Midland Development Corporation approved a performance-based incentive package worth up to $66 million over 30 years to support AST SpaceMobile’s planned satellite production facility….

Quantum computing has emerged as one of the most exciting technological frontiers for investors following the artificial intelligence boom of recent years. Researchers at McKinsey estimate that quantum computing could create up to $2.7 trillion in economic value for companies worldwide by 2040, spanning industries from drug discovery to cybersecurity. D-Wave Quantum (NYSE: QBTS) has…