US Politics & Business News
SpaceX (SPCX) posted one of its strongest single-day gains since going public, defying expectations that a massive insider share unlock would pressure the stock lower. The stock was on pace for its largest percent increase since June 15, SpaceX’s first full day as a public company, according to Dow Jones Market Data. Shares closed up…
Nvidia (NVDA) shares surged 12% over five trading days, marking the company’s most powerful weekly gain in more than a year. Two distinct catalysts drove the rally, combining to push the chipmaker’s stock significantly higher in a compressed timeframe. The first major catalyst was SpaceX’s commitment to using Nvidia hardware exclusively, a high-profile win that…
SpaceX (SPCX) shares closed up 15.83% at $133.11 on Friday, driven by a combination of strong earnings, easing lockup concerns, and a Terafab update. The broader market also climbed, with the S&P 500 (^GSPC) rising 0.59% to 7,756 and the Nasdaq Composite (^IXIC) gaining 1.28% to 26,686. Trading volume in SPCX reached 236.7 million shares,…
Bipartisan support is building in Congress to significantly expand federal quantum computing investments amid growing concerns about China’s technological ambitions. The House is expected to debate defense funding legislation later this year that would increase annual military spending on quantum development by 68% to $567 million. A parallel effort is underway in the Senate to…
RTX Corporation (RTX) is drawing serious attention from momentum investors after posting exceptional price performance across multiple timeframes in 2026. The aerospace and defense giant currently holds a Momentum Style Score of A, according to Zacks Equity Research, placing it among the market’s strongest near-term candidates. Momentum investing centers on following a stock’s established trend,…
President Donald Trump is once again pursuing the removal of Federal Reserve Board Governor Lisa Cook, reviving a campaign that the Supreme Court blocked earlier this year. The White House said this week that Trump is “considering” firing Cook, sending a letter signed by Deputy Chief of Staff Dan Scavino that was first reported by…
Palantir Technologies (PLTR) delivered one of its most explosive trading weeks in recent memory, driven by a stunning second-quarter earnings report that shattered Wall Street expectations. Shares of the data analytics and AI company surged 29.5% on Tuesday alone, narrowly missing the stock’s best single-day gain ever, which was a 30.8% jump recorded on February…
Nonfarm payrolls in the United States unexpectedly declined in July, leaving investors struggling to interpret contradictory signals from the latest monthly employment report. The headline number showed a loss of 23,000 jobs, but economists caution that figure does not fully capture what is happening beneath the surface of the labor market. A significant portion of…
Space stocks are rallying sharply in midday Friday trading, with SpaceX (NASDAQ: SPCX) leading the charge after a Wall Street upgrade cleared lingering post-IPO concerns. SpaceX stock surged 11% to $127.49, recovering from an intraday low of $114.56 as volume topped 107 million shares in a single session. The catalyst is a fresh Argus upgrade…
D-Wave Quantum (NasdaqGS: QBTS) has published a breakthrough two-qubit entangling gate in the scientific journal Nature, marking a significant step toward practical gate-model quantum computing. The new gate boasts approximately 99.9% fidelity and 500 nanosecond gate times, with error detection built directly into its dual rail architecture. D-Wave positions the result as a milestone on…