US Politics & Business News
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…
After 25 years of self-funding, Jeff Bezos is finally opening Blue Origin to outside investors in a landmark capital raise. According to a TBPN discussion featuring John Coogan, Blue Origin is raising $10 billion at a reported $130 billion valuation, marking the company’s first external fundraising round. The scoop on the deal, Coogan noted, originated…
D-Wave Quantum (NYSE: QBTS) has earned a top-tier designation in the 2026 IDC MarketScape assessment for quantum computing vendors, placing it among just two companies in the report’s leading category. The recognition marks a significant milestone for D-Wave as it continues to push commercial quantum computing into mainstream enterprise applications across multiple industries. D-Wave said…
Rackspace Technology (RXT) shares plunged roughly 25% Thursday after the company slashed its full-year 2026 revenue outlook and unveiled a $250 million stock offering that rattled investors. The dramatic sell-off came despite Rackspace announcing an expanded AI partnership with Palantir (PLTR), a deal that failed to offset concern over the company’s weakened financial outlook. Rackspace…
AST SpaceMobile (NASDAQ: ASTS) carries a 12-month price target of $91.65, implying roughly 13.66% upside from its current trading price of $80.64. The buy recommendation comes with moderate confidence, set at 50%, reflecting the company’s promise alongside its persistent execution risk. ASTS has already delivered a staggering 542.04% return over five years, making the 10-bagger…
Quantum Computing Inc. (QUBT), known as QCi, is a pure-play quantum computing company with a market capitalization of approximately $2.11 billion. The company is positioned to benefit from accelerating commercial adoption of quantum technologies across a broad range of industries and government applications. The Trump administration issued executive orders on June 22 that mark a…
GE Aerospace (GE) has delivered a powerful run for shareholders, gaining 44% over the past year and trading just 6% below its 52-week high. The stock’s year-to-date return of roughly 15.9% outpaces the S&P 500’s 9.6% gain, placing GE firmly among the market’s strongest large-cap performers in 2026. Trend strength alone does not justify a…
RTX (RTX) closed the most recent trading session at $194.91, recording a decline of 2.96% from the previous day’s closing price. That drop significantly underperformed the S&P 500, which posted a comparatively modest daily loss of just 0.28% during the same session. The Dow Jones Industrial Average fell 1.09% on the day, while the Nasdaq…