US Politics & Business News
SpaceX has filed a formal complaint at the Federal Communications Commission challenging Iridium Communications (NASDAQ: IRDM) conduct as regulators review Rocket Lab’s (NASDAQ: RKLB) pending $8 billion takeover bid. Rocket Lab stock fell 6% to $63.82 on Friday, extending an already difficult week for the launch and space systems company heading into a critical shareholder…
D-Wave Quantum (NASDAQ: QBTS) shares tumbled 16.6% for the week ending Friday, August 28, 2026, sharply underperforming a broadly rising market. The steep decline stands in stark contrast to gains posted by major indexes, with the S&P 500 climbing 1.1% and the Nasdaq Composite rising 1.8% over the same period. The sell-off was triggered largely…
RTX Corporation (RTX) has surged back into investor focus after its Raytheon business secured a massive US$22.9 billion, seven-year contract from the U.S. military. The deal calls for a dramatic ramp in Tomahawk cruise missile production, scaling output from just 60 units annually all the way up to 1,000 units per year. RTX shares were…
AST SpaceMobile (ASTS) dropped 15.5% as of 2:14 p.m. ET on Friday, Aug. 28, 2026, bucking a broader market rally driven by macro concerns. The sell-off ran counter to the wider market, with the S&P 500 gaining 1.1% and the Nasdaq Composite advancing 1.8% over the same period. Fed Chair Kevin Warsh signaled that inflation…
Rigetti Computing (RGTI) sits roughly 71% below its 52-week high even after gaining 24.4% over the past month. The stock’s price-to-sales ratio stands at 410.2, compared to just 3.3 for the S&P 500 index, a gap that demands explanation. That multiple rests on only $13.4 million of trailing-twelve-month revenue, meaning the valuation prices an engineering…
RTX Corporation (RTX) has delivered a standout performance in 2026, separating itself from the broader aerospace sector by a significant margin. The company has returned approximately 15.6% since the start of the calendar year, well ahead of the average aerospace stock, which has lost about 1.2% over the same period. RTX belongs to the Zacks…
AST SpaceMobile (ASTS) is drawing renewed investor interest after a significant government policy shift threw its weight behind the commercial space sector. President Donald Trump signed a memorandum aimed at dramatically expanding U.S. commercial space activity, setting a target of at least 1,000 commercial launches and reentries per year by 2030. That figure represents a…
Rigetti Computing’s (RGTI) robust cash position has become one of its most significant competitive advantages as the quantum computing race intensifies across the sector. The company exited the second quarter of 2026 with $541.3 million in cash, cash equivalents and available-for-sale investments while carrying absolutely no debt on its books. This financial flexibility gives Rigetti…
Infleqtion (NYSE: INFQ) stock is climbing 6% to $14.32 in early Thursday trading after confirming a $20 million follow-on contract from NASA for quantum gravity sensor development. The award funds continued work on the Quantum Gravity Gradiometer Pathfinder, a mission led by NASA’s Jet Propulsion Laboratory to fly the world’s first space-based quantum gravity sensor….
AST SpaceMobile (ASTS) shares climbed 3% on Thursday, snapping a three-session losing streak driven by fresh operational milestones from the satellite broadband company. Despite the single-day gain, ASTS remained down 11% for the week, putting the stock on pace for its worst weekly performance in more than a month. The rally followed the company’s announcement…