Tech & AI News

The Purple Heart veteran and technology entrepreneur is bringing a dispute over private-sector innovation, consumer protection and federal oversight into the national conversation about veterans’ benefits. “I bled for this country. I will not be told I can’t help my brothers.” Those words, attributed to Lukas Simianer, a Purple Heart recipient and founder of VetClaims.ai,…

AST SpaceMobile (ASTS) shares climbed overnight Tuesday after the company disclosed a new three-year employment agreement with CFO Andrew Johnson, drawing investor attention to his compensation structure. Johnson serves as the company’s executive vice president, chief financial officer, and chief legal officer, making his contract renewal a significant leadership development for the satellite connectivity firm….

D-Wave Quantum (QBTS) has fallen 70.8% over the past year, a stark contrast to the S&P 500’s 17.4% return over the same period. Despite the steep decline, investors continue to value QBTS at 353 times sales, compared with just 3.1 times for the broader index, reflecting enormous expectations for future revenue growth. The company expects…

Stocks opened mixed on Tuesday as semiconductor names reversed the prior session’s gains and crude oil prices surged to multi-month highs. Brent crude futures (BZ=F) hovered near $110 per barrel, reaching a five-month high following Houthi rebel attacks against Saudi Arabia amid the ongoing Middle East conflict. West Texas Intermediate (CL=F) traded just below $100…

AST SpaceMobile (NASDAQ: ASTS) has lost 42.35% of its value this year, even as satellite sector peers posted sharp gains across the same period. The stock currently trades at $41.87, sitting dangerously close to its 52-week low of $39.87, against a high of $133.86. Wall Street’s consensus price target of $74.28, drawn from 14 analysts,…

D-Wave Quantum (QBTS) is pressing forward with aggressive expansion plans despite a notable decline in its cash reserves following a major acquisition. As of June 30, 2026, the company’s cash and marketable securities totaled $546.2 million, down 33% from $819.3 million recorded a year earlier. More than 90% of that decline was directly tied to…

AST SpaceMobile Inc. (ASTS) has set an ambitious target to deliver initial, intermittent space-based cellular broadband coverage in five markets before the close of 2026. The company is pushing toward service launches in the United States, Canada, Japan, the United Kingdom and Saudi Arabia as its satellite network buildout accelerates. “We are moving toward service…

Quantum computing has emerged as one of Wall Street’s most electrifying investment themes alongside artificial intelligence over the past four years. Four pure-play quantum computing stocks have delivered extraordinary gains over the trailing two-year period ending October 16, stunning even seasoned investors. IonQ (IONQ) surged 154%, Rigetti Computing (RGTI) skyrocketed 1,180%, D-Wave Quantum (QBTS) soared…

RTX Corporation (NYSE: RTX) posted third-quarter results that cleared analyst expectations on both earnings and revenue, lifting shares 2.2% in premarket trading. The aerospace and defense giant reported adjusted earnings per share of $2.26, beating the analyst consensus of $1.78 by $0.48 per share. Revenue for the quarter reached $25.0 billion, topping estimates of $24.09…

AST SpaceMobile (ASTS) jumped 5% after four of Europe’s largest telecom carriers announced plans to explore a joint bid for satellite spectrum across the continent. Deutsche Telekom (DTEGY), Orange (ORANY), Telefónica (TEF), and Vodafone (VOD) signed a Letter of Intent to pursue Mobile Satellite Services spectrum in Europe together. AST already counts all four carriers…