US Politics & Business News
The VIX has pulled well back from its March highs and is sitting in the mid-teens, a level that traditionally signals calm has returned to markets. Most casual observers read that number as confirmation that the worst is behind us and that the bull market remains firmly intact. But options traders looking beneath the surface…
Taco Bell has temporarily removed several fresh produce items from menus at select locations as health officials investigate a nationwide cyclospora outbreak. The chain has posted notices at affected stores informing customers that lettuce, pico de gallo, guacamole, cilantro, and onions are currently unavailable. Nearly 1,500 people across the country have been sickened in connection…
SK Hynix, the second most valuable company in South Korea behind only Samsung, is set to begin trading on the Nasdaq under the ticker symbol SKHY. The South Korean chipmaker priced its American depositary shares at $149 each ahead of its highly anticipated U.S. public trading debut on the exchange. The IPO consists of 177.9…
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…
Leveraged ETFs are surging in 2026, with average daily trading volumes across U.S.-listed products reaching approximately $45 billion so far this year. Total U.S. leveraged ETF assets have climbed to a record $198 billion, up 55% in just a few months, representing a dramatic expansion of a once-niche market segment. To put that growth in…
The US stock market is expensive by almost any measure, with the S&P 500 (^GSPC) hovering near all-time highs and valuations stretched across multiple indicators. Analyst Joachim Klement of Panmure Gordon argues the situation may be worse than it looks, with the cyclically adjusted price-to-earnings ratio potentially at never-before-seen levels. The CAPE ratio, which compares…
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…