US Politics & Business News
The Chinese Embassy in Washington pushed back sharply against the latest round of US sanctions targeting Iran’s oil exports, warning that the measures risk further destabilizing an already fragile Middle East and could deal a blow to global economic growth. Washington has steadily escalated its “maximum pressure” campaign against Tehran’s oil sector this year, with…
Federal Reserve Governor Lisa Cook’s legal team has fired back against the White House, rejecting accusations of mortgage fraud that President Donald Trump claims justify her removal. Cook’s attorney Abbe David Lowell sent a letter to the White House stating that “Governor Cook has never committed mortgage fraud or any intentional wrongdoing, and there is…
AST SpaceMobile (ASTS) presents investors with one of the most compelling yet demanding growth propositions in the satellite broadband space today. The company has built a direct-to-device network designed to connect standard, unmodified smartphones to broadband service via satellite, supported by approximately 3,900 patent and patent-pending claims. AST SpaceMobile has signed partnerships with more than…
D-Wave Quantum (QBTS) shares fell sharply on Wednesday, dropping more than 9% during late-session trading after the company announced a surprise executive departure. The quantum computing firm confirmed that CFO John Markovich is resigning, with his last day set for Tuesday, September 2. Markovich will be replaced on an interim basis by Greg Golkov, who…
CrowdStrike Holdings (CRWD) jumped more than 11% in extended trading after the cybersecurity giant crushed Wall Street’s fiscal second-quarter expectations and raised its full-year guidance. The company reported adjusted earnings per share of 31 cents, topping the 29 cents analysts had expected, while revenue came in at $1.47 billion against a $1.44 billion consensus estimate….
Salesforce (CRM) is seeing strong momentum in its stock price as artificial intelligence products fuel accelerating growth across its cloud platform. The company’s AI-driven offerings, including Agentforce and Data Cloud 360, have emerged as key growth engines that investors are closely watching heading into the second half of 2026. Annual recurring revenue from those agent-focused…
One of the more surprising twists in estate planning involves what happens when a primary beneficiary with a large share dies before the account holder. The short answer depends heavily on how the beneficiary designation was originally structured, specifically whether it follows a per capita or per stirpes framework. Under a per capita arrangement, the…
AST SpaceMobile (NASDAQ: ASTS) dropped 4% to $59.67 midday Wednesday as traders reacted to SpaceX winding down Falcon 9 East Coast Starlink launches. Rocket Lab (NASDAQ: RKLB) fell only 0.8% to $66.35, a routine session move that stands in sharp contrast to the ASTS selloff. The Procure Space ETF (NYSEARCA: UFO) slipped 0.7% to $44.26,…
D-Wave Quantum (NYSE: QBTS) stock tumbled 8% to $17.79 in midday trading Wednesday after the company disclosed its chief financial officer would retire next week. The departure of CFO John Markovich, effective September 2, caught investors off guard and sent shares of peer quantum computing companies lower in sympathy trading. IonQ (NYSE: IONQ) fell 3%…
The U.S. Air Force has awarded Boeing and RTX a combined $766 million in contracts tied to the ongoing B-52 modernization program. The contracts signal continued government investment in upgrading one of the military’s most enduring and strategically significant long-range bomber platforms. Boeing, trading under ticker BA, has long been a central contractor in the…