BMO Capital Initiates D-Wave Quantum (QBTS) Coverage With Outperform Rating, Eyes 75% Upside

D-Wave Quantum (QBTS) shares surged 7.2% through 12:15 p.m. ET Friday after BMO Capital initiated coverage of the quantum computing company with a bullish rating. BMO Capital analyst Harsh Kumar assigned D-Wave an outperform rating, arguing the stock could climb from $20 to $35 within a year. Kumar described D-Wave as “a revolutionary quantum computing…

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AST SpaceMobile (ASTS) Secures FCC Test Authorization Amid Investor Scrutiny After Q2 Earnings Miss

AST SpaceMobile (ASTS) has received a 30-day authorization from the Federal Communications Commission to test satellite connectivity using the 800 MHz spectrum band. The approval represents a meaningful regulatory milestone for the company as it continues building out its space-based cellular broadband network. The 800 MHz band is particularly significant because it offers strong signal…

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Defense Stocks RTX (RTX) And Lockheed Martin (LMT) Buck Sector Decline As Missile Production Surges

Despite record defense spending and active combat operations, most major defense contractor stocks have struggled to hold ground in recent trading sessions. Shares of 10 major defense contractors tracked by Barron’s were down an average of 17% since fighting started in Iran, a notable decline given the current war footing. Only two companies in the…

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AST SpaceMobile (ASTS) And SpaceX (SPCX) Emerge As Bidders For $6B Low-Band Satellite Spectrum

Shares of AST SpaceMobile (ASTS) climbed 1% overnight late Thursday after reports surfaced that the company and SpaceX (SPCX) are eyeing a massive low-band spectrum portfolio. Grain Management has asked interested parties to submit preliminary offers by the first week of September for 800 MHz licenses it recently acquired from T-Mobile. Bloomberg reported, citing people…

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D-Wave Quantum (QBTS) Secures Second Production Telecom Deployment With NTT DOCOMO

D-Wave Quantum (NasdaqGS: QBTS) has announced that NTT DOCOMO deployed a second production quantum application powered by D-Wave technology to optimize mobile network efficiency. The new deployment marks a meaningful expansion of real-world quantum computing use within the telecommunications sector, moving the relationship with DOCOMO well beyond initial pilots and proofs of concept. The application…

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Morgan Stanley Upgrades Honeywell Aerospace (HONA) To Buy, Signaling The Selloff Has Run Its Course

Honeywell Aerospace (HONA) received a significant vote of confidence from Wall Street on Wednesday as Morgan Stanley upgraded the stock to Buy from Hold. Morgan Stanley analyst Kristine Liwag made the call, signaling that the aerospace company’s recent share price decline has created an attractive entry point for investors. HONA shares have been under notable…

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Trump’s 1,000-Launch Space Ambition Opens The Door For SPCX, RKLB, ASTS And LUNR

President Donald Trump has signed a National Security Presidential Memorandum targeting more than 1,000 U.S. launches and reentries annually by 2030. The directive aims to usher in what the administration calls a “Golden Age of Space Transportation,” with sweeping changes to how launches are permitted and managed. The policy calls for faster permitting and environmental…

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