US Politics & Business News
Japan’s regulatory approval of a 700 MHz satellite communications framework has given AST SpaceMobile a significant boost heading into the final stretch of 2026. Shares of AST SpaceMobile (ASTS) rose 2% on Monday, ending August marginally in positive territory after falling 22% in June and 34% in July. Japan’s Ministry of Internal Affairs and Communications…
RTX (RTX) closed the most recent trading session at $207.73, marking a decline of 1.88% from the prior day’s closing price. That drop significantly lagged behind the S&P 500, which posted a comparatively modest daily loss of just 0.33%. The Dow Jones Industrial Average fell 0.70% during the same session, while the tech-heavy Nasdaq declined…
Quantum Computing Inc. (QUBT) and D-Wave Quantum (QBTS) have both underperformed the broader market following their second-quarter 2026 earnings releases in early August. Since August 6, QUBT stock has lost 7.1% while QBTS has declined 12.4%, compared to a modest 0.1% dip in the S&P 500. Higher Treasury yields and renewed rate-hike concerns are adding…
U.S. strikes on Iranian rocket launchers in the Strait of Hormuz, followed by retaliatory attacks on American bases in Jordan, have sharply escalated Middle East tensions. The renewed conflict has triggered fresh investor interest in the defense sector, with analysts pointing to a sustained multi-year procurement cycle for major contractors. Exchange-traded funds offer a diversified…
After posting one of the more striking multi-year runs in the satellite communications space, AST SpaceMobile (ASTS) is drawing fresh scrutiny over whether its current price can be justified. The stock has returned roughly 13 times over the past three years, setting an exceptionally high bar for any additional upside to hold up under fundamental…
SpaceX CEO Elon Musk publicly backed President Donald Trump’s proposed United States Space Academy after Trump signed an executive order establishing a commission to design it. Musk responded to the White House announcement on X with two rocket emojis, signaling his support for the initiative aimed at building America’s next generation of space talent. The…
Bank of England Governor Andrew Bailey has issued a stark warning that advanced artificial intelligence models could trigger a disorderly correction in global financial markets. Bailey delivered the warning in a two-page letter published Monday to G20 finance ministers and central bank governors, outlining the systemic risks posed by so-called frontier AI models. Writing in…
US Mobile plans to bring AST SpaceMobile-powered direct-to-cell satellite coverage to its Verizon-based Warp network during the fourth quarter of 2026. The announcement represents a potential new catalyst for shares of AST SpaceMobile (ASTS), which have faced persistent selling pressure in recent weeks. ASTS stock fell nearly 6% on Friday and ended last week down…
AI remained a central force powering tech stocks during the final week of August, drawing intense retail investor attention across several high-profile names. Nvidia (NVDA) reported fiscal second-quarter revenue of $96.2 billion on Aug. 26, representing a 106% increase from a year earlier and surpassing Wall Street’s $92.2 billion expectation. The chipmaker guided for approximately…
RTX (RTX) has reached a record backlog of $289 billion, climbing 22% year-over-year and 6% sequentially, a milestone that signals more than simple growth. The real story behind the backlog is its composition, with commercial aerospace accounting for the larger share in a roughly 60/40 split over defense contracts. That split has benefited RTX significantly,…