US Politics & Business News
When people think about fire safety, they often picture sprinkler systems, smoke detectors, alarms, and emergency exits. While these systems play a critical role in protecting lives and property, they are only part of a broader fire prevention strategy. What happens when those systems are temporarily unavailable, under maintenance, or not yet operational? In such…
Recent estimates of Elon Musk’s net worth diverge sharply depending on the source, and the scale of that divergence says as much about the limits of wealth tracking as it does about Musk himself. Bloomberg places the figure near 1.1 trillion dollars as of mid-June 2026, while the Forbes Real-Time tracker estimates approximately 811 billion…
Strategy (NASDAQ: MSTR) investors are “deeply concerned” by the market’s reaction to the company selling Bitcoin this week, sources told Congress.net on Tuesday. Sources told Congress.net that large institutional investors holding various MSTR products, including ordinary shares and preferred shares, are concerned that “Strategy could be forced to sell more Bitcoin” and “inadvertently cause Bitcoin’s…
Job openings climbed to their highest level in nearly two years during April, while hiring fell sharply in the same period. The Bureau of Labor Statistics reported that available employment reached 7.6 million for April, a surge of 731,000 from the prior month and the highest level since May 2024. Economists surveyed by Dow Jones…
Salesforce (NYSE: CRM) reported first-quarter fiscal 2027 non-GAAP earnings per share of $3.88, up 50 percent year on year and well ahead of the analyst consensus of $3.13, alongside revenue of $11.1 billion, up 13 percent, as the company posted what it described as record first-quarter financial results after Wednesday’s close. The headline beats were…
The One Big Beautiful Bill Act, President Donald Trump’s sweeping tax and spending legislation, cleared Congress earlier this year after one of the most tense legislative sessions in recent memory, passing the Senate on a 51-50 vote only after Vice President JD Vance cast the tie-breaking ballot to force it over the line. The three…
Lockheed Martin (NYSE: LMT) broke ground on a new Munitions Production Center in Troy, Alabama on May 21, adding 87,000 square feet of production space to support Terminal High Altitude Area Defense interceptors and work on the Next Generation Interceptor programme. The facility represents one element of a broader plan by Lockheed Martin (NYSE: LMT)…
Salesforce (NYSE: CRM) reports first-quarter fiscal 2027 earnings after Wednesday’s close with the stock sitting approximately 38 percent below its January levels, making this one of the more consequential software prints of the summer for investor sentiment across the entire enterprise AI sector. Analysts are forecasting earnings per share of $3.13 and revenue of roughly…
BWX Technologies (NYSE: BWXT), the mid-cap nuclear technology and government services firm, has attracted renewed analyst attention following a combination of strong first quarter 2026 results, over $1.4 billion in freshly awarded naval contracts, and a Deutsche Bank upgrade that lifted the bank’s price target to $255 from $203 while moving the stock from Hold…
US markets opened cautiously on Monday as investors absorbed the implications of Moody’s stripping the United States of its top-tier triple-A credit rating for the first time in the agency’s history. The downgrade, announced on Friday, lowered the country’s rating by one notch to Aa1, bringing Moody’s into line with S&P Global, which cut its…