US Politics & Business News
Two quantum computing companies are competing for investor attention, but their financial profiles and technological approaches differ sharply from one another. IonQ (IONQ) has built its reputation on precision, using a trapped-ion quantum system designed to minimize the errors that plague much of the quantum computing industry today. Last year, IonQ demonstrated 2-qubit gate fidelities…
Raytheon, a business unit of RTX (NYSE: RTX), has been awarded a contract worth up to $24.4 billion to produce Standard Missile-6 interceptors for the U.S. Navy. The deal spans five years with two additional option years, making it one of the largest munitions contracts awarded to a single defense contractor in recent memory. The…
Rocket Lab (NASDAQ: RKLB) jumped 5% to $72.88 in morning trading after landing its largest-ever Electron launch contract alongside a fresh Wall Street initiation. The deal, struck with Tokyo-based Earth observation company Synspective, covers 20 new Electron missions in a multi-year agreement that sets a commercial record for the launch vehicle. The Synspective agreement makes…
D-Wave Quantum Inc. (NASDAQ: QBTS) has launched a gate-model quantum computing simulator beta program, marking a significant milestone in the company’s gate-model development roadmap. The Palo Alto-based company describes itself as the only dual-platform quantum computing provider offering both annealing and gate-model systems, software, and services to commercial and research customers. The beta program gives…
Raytheon, a unit of RTX (NYSE: RTX), has landed a multi-year AMRAAM missile production contract worth up to $20.7 billion from the federal government. The agreement is tied directly to the Department of War’s Arsenal of Freedom initiative, which is designed to accelerate delivery of advanced air-to-air missile systems. The multi-year award is structured to…
AST SpaceMobile (ASTS) climbed over 1% overnight heading into Thursday after the company shipped three BlueBird satellites to Cape Canaveral and disclosed a key regulatory meeting. CEO Abel Avellan met with FCC Chairman Brendan Carr on Monday to push for expanded direct-to-device spectrum access, including the lower 6 GHz band. ASTS had fallen nearly 1%…
One year of market data has delivered a harsh verdict on nearly all of the original quantum computing stock ratings, with just one call holding up under scrutiny. The original article, published one year ago, rated D-Wave Quantum (NYSE: QBTS) a Sell, IonQ (NYSE: IONQ) a Buy, and Rigetti Computing (NASDAQ: RGTI) a Hold for…
RTX Corporation (RTX), with a market capitalization of approximately $252 billion, holds a commanding position across both the aerospace and defense sectors globally. The company’s operations span aviation advancement, defense capability strengthening, and the development of next-generation technologies and advanced manufacturing solutions. Its diversified portfolio allows RTX to serve complex requirements across commercial air travel,…
Two industrials stocks are drawing investor attention in 2026, but their financial profiles could not be more different from one another. AST SpaceMobile (ASTS) trades at a striking 357 times its price-to-sales multiple, a valuation that raises immediate questions about sustainability. That lofty multiple comes despite the company burning through $1.1 billion in free cash…
IonQ (NYSE: IONQ) shares climbed 4% to $45.60 on Wednesday after Bank of America initiated coverage with a Buy rating and a $60 price target. The analyst call identified IonQ as the largest public pure-play quantum computing company measured by revenue, drawing fresh attention to the sector. Bank of America pointed to the company’s semiconductor-enabled…