US Politics & Business News
The 2026 NATO summit in Ankara concluded this week with sweeping announcements that sent shockwaves through global defense markets and reshaped alliance burden-sharing expectations. U.S. President Donald Trump made clear that European allies can no longer unconditionally count on American protection, forcing member states to aggressively step up their own commitments. NATO allies officially announced…
Blue Origin is raising $10 billion in its first-ever external funding round, valuing the company at $130 billion pre-money after 26 years of sole Bezos financing. Coatue Management is leading the round with approximately $4 billion, while Jeff Bezos himself is personally contributing $2 billion to the raise. The remaining $4 billion is drawing strong…
AST SpaceMobile (ASTS) is building a satellite network designed to let standard smartphones connect directly to satellites without any specialized equipment. This capability holds significant implications for military personnel and emergency responders who need reliable communications when ground-based networks go down or are disrupted. The company’s BlueBird low Earth orbit satellites deliver connectivity across remote…
Remittix (CRYPTO: $RTX) is pushing deeper into the broader crypto trading market with the announcement of a new perpetual futures platform called Remittix Markets. The expansion adds a second major product line to the RTX ecosystem, sitting alongside its existing PayFi platform that allows users to send crypto while recipients receive fiat directly into bank…
A sharp sector-wide selloff in July has dragged down three of the most closely watched names in the commercial space industry. Rocket Lab (NASDAQ: RKLB), AST SpaceMobile (NASDAQ: ASTS), and Intuitive Machines (NASDAQ: LUNR) have each declined sharply over the past month despite growing contract backlogs and government awards. Investors should treat this group as…
Omnia Training has secured a landmark £2 billion contract from the UK Ministry of Defence to serve as the British Army’s Strategic Training Partner. The contract tasks Omnia Training with delivering the Army’s Collective Training System, known as ACTS, over a 15-year period. Omnia Training is led by Raytheon UK, itself a business unit of…
Shares of AST SpaceMobile (ASTS) are on track for their worst weekly performance in over a month amid intensifying competition in the satellite-to-cell market. ASTS stock slipped 1% on Thursday to close at $73.88, leaving it down 13% for the week and drawing fresh scrutiny from investors watching the broader satellite sector. FCC Chairman Brendan…
RTX, operating through its Raytheon division, is significantly expanding missile production capacity across Europe to meet growing NATO and allied defense requirements. The company is actively working alongside European partners to qualify new suppliers and strengthen the broader missile supply chain infrastructure. Central to the expansion are plans to double Stinger missile output in partnership…
D-Wave Quantum (QBTS) and Rigetti Computing (RGTI) remain two of the most closely watched pure-play quantum computing stocks available to retail investors today. The two companies differ significantly in their underlying technologies, which shapes their respective market opportunities and near-term commercial viability. Rigetti Computing relies on superconducting technology, a method that cools particles to near…
Rackspace Technology (RXT), an AI infrastructure solutions provider, saw its shares tumble approximately 4% in premarket trading Thursday following a significant downward revision to its full-year 2026 financial outlook. The company cited supply constraints and resource prioritization as factors likely to weigh on near-term growth, rattling investor confidence ahead of the market open. Rackspace now…