US Politics & Business News
The DEA is moving to temporarily classify four synthetic kratom-derived compounds as Schedule I substances under the Controlled Substances Act. The targeted compounds are 7-hydroxymitragynine, known as 7-OH, mitragynine pseudoindoxyl, known as MGPI, along with MGM-15 and MGM-16, all derived from the kratom plant. Kratom itself is an herbal product sold legally over the counter…
Berenberg analyst Michael Filatov is making the case that SpaceX’s (SPCX) growing mobile ambitions could unexpectedly strengthen AST SpaceMobile’s (ASTS) position in the market. Filatov maintained a ‘Buy’ rating on ASTS following Grain Management’s agreement to sell its nationwide spectrum portfolio to SpaceX, subject to Federal Communications Commission approval. The deal involves up to 14…
Quantum computing may represent one of the most transformative technology shifts of the century, but that promise has not yet translated into investment confidence. McKinsey forecasts the quantum technology market could grow to be worth as much as $100 billion by 2035, making it a sector that investors simply cannot ignore. IonQ (IONQ), Rigetti Computing…
Major defense contractors locked in multibillion-dollar missile agreements this week, reflecting intensified U.S. efforts to rebuild weapons stockpiles strained by ongoing conflict in the Middle East. Boeing (BA) received a seven-year contract worth approximately $14.7 billion from Lockheed Martin (LMT) to increase production of seekers for PAC-3 Missile Segment Enhancement interceptors. These guidance components allow…
Global AI investment is poised to match or exceed the historic sums that built railroads, power grids, and telecommunications networks, the IMF’s top official said Wednesday. International Monetary Fund Managing Director Kristalina Georgieva delivered the warning at an event in Singapore, speaking ahead of upcoming IMF and World Bank annual meetings. Georgieva said artificial intelligence…
President Donald Trump traveled to Syracuse, New York, on Friday to stump for Republican gubernatorial nominee Bruce Blakeman in a race that highlights broader tensions within the GOP. Trump called on New Yorkers to remove Democratic Gov. Kathy Hochul and took direct aim at the state attorney general, calling her “totally corrupt sidekick, Letitia ‘Peekaboo’…
A federal judge on Friday struck down the Justice Department’s nationwide program to collect voter registration records and identify suspected non-U.S. citizens. District Judge Sparkle Sooknanan in Washington ruled the department exceeded its legal authority and violated federal privacy laws by requesting sensitive voter data. The ruling also found the DOJ improperly shared voter information…
President Donald Trump took his midterm campaign push into upstate New York, stumping for a Republican gubernatorial candidate given little chance of winning. The rally in Syracuse marks a notable shift for Trump, who has largely concentrated his campaign appearances in reliably red states during the final stretch before Election Day. Trump has made stops…
AST SpaceMobile (ASTS) closed at $50.97 on October 9, 2026, sliding 10.48% as investors reacted sharply to a competitive spectrum move by SpaceX. Trading volume surged to 53.8 million shares, roughly 318% above the stock’s three-month average of 12.9 million shares, signaling intense investor anxiety around the development. SpaceX announced plans to acquire up to…
AI infrastructure spending and growing commercial interest in quantum computing are creating significant opportunities for investors as third-quarter earnings season gets underway. AI companies continue to benefit from heavy spending on data-center and computing infrastructure, while quantum computing gained further commercial traction and government support during Q3. The two sectors remain worth watching even as…