US Politics & Business News
D-Wave Quantum (QBTS) shares dropped 21.0% in the week ending October 14, 2026, closing at their lowest point in the past twelve months. The sell-off left QBTS trading 73.1% below its highest level of the past year, a dramatic collapse that far outpaced the broader market’s 1.0% dip over the same period. Year-to-date, QBTS has…
Raytheon, a core business unit of RTX Corporation, has locked in an $8 billion sole-source nuclear command-and-control modernization contract running through late 2036. The award positions RTX at the center of America’s strategic nuclear deterrence architecture for the next full decade, providing rare long-term revenue visibility. Alongside the nuclear award, Raytheon also secured its first…
Tau Robotics is deploying teleoperated humanoid robots into San Francisco homes and offices, charging customers $30 an hour per machine for cleaning services. The company uses the paid cleaning sessions as a vehicle to collect real-world training data for its artificial intelligence robotics models. Two of Tau’s modified Unitree G1 robots vacuumed, mopped, and wiped…
Wall Street economists are now forecasting an acceleration in the Federal Reserve’s preferred inflation gauge after a surprisingly hot wholesale price report. The producer price index climbed 1.3% in the latest reading, the biggest monthly gain since March 2022 and more than double the 0.6% consensus estimate. That pushed the year-over-year PPI increase to 6.3%,…
Texas immigration advocates say the man federal agents were pursuing when an ICE officer struck a Houston immigrant with a vehicle has been dead since 2017. Immigration advocacy group FIEL identified the target as Jose Mendoza-Cervantes, a Mexican national ICE described as having a criminal record and a final order of removal. Jimenez’s daughter provided…
President Trump escalated his administration’s feud with California on Friday, threatening election officials with imprisonment over an ongoing dispute about noncitizen voters. Trump declared on Truth Social that California officials “will all go to jail for a long period of time” if they refuse to cooperate with the Department of Justice. The post shared a…
Space stocks endured a bruising week, with Redwire (RDW) posting the smallest decline while Rocket Lab (RKLB) and Firefly Aerospace (FLY) each fell the hardest. SpaceX’s fund proxy (SPCX) dropped 9% over the past week, while AST SpaceMobile (ASTS) fell 13% and both RKLB and FLY each slid 19% during the same period. Redwire (RDW)…
After a dilution scare sent shares tumbling, IonQ (NYSE: IONQ), Rigetti Computing (NASDAQ: RGTI), and D-Wave Quantum (NASDAQ: QBTS) are clawing back losses in early trading. IonQ stock is up 3% to $32.51, leading the group higher despite carrying a 28% decline year to date heading into the session. Rigetti Computing (NASDAQ: RGTI) is also…
Both Lockheed Martin and RTX reported second-quarter 2026 results on July 23, raising full-year guidance and sparking renewed debate among income investors about dividend reliability. The two defense giants look similar on the surface, but their balance sheets, business mixes, and debt trajectories tell meaningfully different stories for investors who prioritize payout security. Lockheed’s quarter…
Last week delivered strong gains for the average stock, marking a decisive shift in market leadership away from technology and into energy and defensive sectors. All three major indexes finished higher on the week, but the story was less about the headline numbers and more about what was happening beneath the surface. The equal-weight S&P…