US Politics & Business News
Dell Technologies (DELL) delivered a record-breaking second quarter, with revenue hitting $47 billion and far surpassing analyst expectations of $44.92 billion. Earnings per share came in at $6.34, representing a stunning 273% increase compared to the same period a year ago, signaling explosive growth driven by artificial intelligence demand. Adjusted earnings per share of $7.04…
The House voted overwhelmingly Tuesday to censure Rep. Chuck Edwards, a North Carolina Republican found to have harassed two female aides on his staff. The 413-2 vote followed a House Ethics Committee recommendation that Edwards be censured after investigators found he engaged in “persistent unprofessional and inappropriate conduct” toward the two women. Immediately after the…
The jury in the Lindsay Clancy murder trial has informed Judge William Sullivan that it cannot reach a unanimous verdict, throwing the high-profile case into uncertainty. Judge Sullivan responded by urging jurors to continue reviewing the facts of the case and sent them back to deliberate further. If the jury foreperson returns again with another…
AST SpaceMobile (ASTS) has seen its stock fall nearly 54% since May, pressured by cash burn, share dilution, and persistent insider selling concerns. Despite the sharp decline, several meaningful catalysts have emerged that could shift momentum for the satellite connectivity company in the months ahead. The FCC granted AST SpaceMobile commercial authority to operate a…
Rigetti Computing (RGTI) is deepening its commercial and government reach as it pushes forward on its superconducting quantum computing roadmap toward quantum advantage. The company recently expanded its partnership with Hewlett Packard Enterprise (HPE) and the Pittsburgh Supercomputing Center by supplying a full 9-qubit Novera system for the NSF-funded TangleLab testbed. Researchers at TangleLab will…
Boeing Co. (BA) is widely recognized for its commercial aviation operations, but its Defense, Space and Security segment is emerging as a meaningful driver of future revenue growth. The BDS segment generated $7.5 billion in revenue during the second quarter of 2026, representing a 13% increase compared with the same period a year earlier, driven…
Wall Street analysts are increasingly focused on the 10-year Treasury yield as it edges closer to levels historically associated with broad market stress. The widely watched tipping point, according to many analysts, sits around the 4.5% level for the 10-year Treasury yield. HSBC strategists have issued a stark warning about current conditions, describing the situation…
The next major wave of artificial intelligence investment is moving beyond chips and into the networks that connect them at massive scale. Analysts are increasingly pointing to connectivity and optical networking stocks as the primary beneficiaries of evolving AI infrastructure demands across the industry. As GPU capacity has expanded rapidly, the bottleneck in AI systems…
Treasury Secretary Scott Bessent delivered sharp criticism of American socialism supporters, dismissing them in blunt terms that are likely to ignite political debate. Bessent argued that those who embrace socialist ideas in the United States fit a very specific and unflattering profile that he outlined plainly. “When you talk about socialism here in the U.S.,…
The United States remains one of only two countries in the world that taxes its citizens based on citizenship rather than residency, a policy that burdens millions living abroad. Americans working and living overseas are subject to filing requirements and tax obligations to the U.S. government regardless of where they earn their income or reside….