US Politics & Business News
RTX Corporation (NYSE: RTX) announced that its Pratt & Whitney division will invest $25 million to expand its manufacturing facility in Niepołomice, Poland. The Niepołomice site produces complex tubular assemblies for both military and commercial engines, supporting several key programs across the company’s portfolio. Engines supported at the facility include the F135, the Pratt &…
InterDigital, Inc. (IDCC) has gained just 5.2% over the past year, a figure that looks weak against the broader industry’s growth of 24.7% over the same period. The underperformance is even more visible when compared with peers like AST SpaceMobile (ASTS) and Ericsson (ERIC), which gained 48.4% and 26.3% respectively during that stretch. However, the…
As the third quarter of 2026 nears its end, the selloff in pure-play quantum computing stocks looks increasingly like a valuation and commercialization reset across the sector. Since reporting second-quarter results, IonQ (IONQ) shares have declined 7.3%, reflecting growing investor frustration with the gap between technological milestones and financial returns. Direct peers Rigetti Computing (RGTI)…
RTX Corp (RTX) posted impressive second-quarter 2026 results, with adjusted earnings per share of $1.89 and revenue of $24.71 billion, both well above analyst estimates. The aerospace and defense giant’s backlog surged 22% year-over-year to $289 billion, a figure that immediately grabbed the attention of investors and Wall Street analysts alike. That massive backlog is…
RTX Corporation (RTX) closed the most recent trading session at $193.54, slipping 1.67% while major indexes posted meaningful gains across the board. The S&P 500 rose 1.14% on the day, while the Dow Jones Industrial Average climbed 0.61% and the tech-heavy Nasdaq added a strong 1.69%, leaving RTX notably behind the broader market. The defense…
Shares of AST SpaceMobile (ASTS) climbed 0.5% in premarket trading Wednesday after the company secured a new U.S. patent covering critical thermal-management technology inside its massive satellite antenna arrays. The gain followed a 2% decline in Tuesday’s regular session, which left ASTS stock closing at $58.77 per share. The U.S. Patent and Trademark Office issued…
D-Wave Quantum (QBTS) shares jumped 9.2% through 1 p.m. ET Thursday following an announcement about an upcoming quantum computing conference in Asia. The company revealed it will host the Qubits Asia 2026 Quantum Computing User Conference in Seoul on October 28, 2026. The single conference announcement was enough to send QBTS shares surging more than…
On the same night the Federal Reserve delivered a quarter-point rate hike, Jim Cramer fielded a question from a Florida caller about RTX, the parent company of Raytheon. Cramer’s answer left little room for optimism, arguing the stock trades at 27 times earnings and that “that P E multiple … has to come down and…
U.S. stock futures edged higher early Wednesday as investors looked past another weak Wall Street session and turned their attention to the Federal Reserve’s highly anticipated rate decision. The Federal Reserve is widely expected to raise interest rates for the first time in three years, with markets pricing in a 92.5% probability of a hike…
The Commerce Department has finalized $100 million CHIPS and Science Act grants each for D-Wave Quantum, Rigetti Computing, and Quantinuum, totaling $300 million in federal support. The three agreements, structured as research-and-development grants, are tied to project milestones and available appropriated funds, meaning payments are not guaranteed upfront. As part of the deal structure, the…