US Politics & Business News
The artificial intelligence buildout is driving an unprecedented wave of capital spending that is fundamentally reshaping how the U.S. economy grows and is financed. Five major hyper-scalers, including Amazon (AMZN), Alphabet (GOOGL), Meta (META), Microsoft (MSFT), and Oracle (ORCL), are expected to collectively surpass $800 billion in capital spending this year alone. Projections call for…
Shares of AST SpaceMobile (ASTS) fell 4% after hours Thursday after SpaceX agreed to acquire nationwide spectrum that AST had previously pursued. ASTS stock had already dropped 6% during regular trading to close at $56.93, its lowest closing price in over a month. Shares are down nearly 3% for the week, putting ASTS on track…
D-Wave Quantum (QBTS) is attracting fresh investor attention after announcing a partnership with the University of Arkansas Supply Chain Management Research Center. The company also launched a gate-model quantum simulator beta aimed at select commercial and academic users, signaling continued product development progress. Despite these milestones, QBTS stock tells a starkly different story in the…
Raytheon, a unit of RTX (NYSE: RTX), has secured a five-year U.S. Navy contract for Standard Missile 6 interceptors valued at up to $24.4 billion. The agreement covers production supporting both offensive strike and missile defense missions across multiple Navy platforms. The contract represents one of the most significant munitions awards in recent defense industry…
SpaceX is pushing aggressively into the U.S. mobile market, announcing a major spectrum acquisition that has rattled legacy wireless carriers and their investors. SpaceX struck an agreement to purchase a nationwide spectrum portfolio from Grain Management, a firm specializing in digital infrastructure, pending FCC approval. The deal covers “a license portfolio of up to 14…
In Minneapolis, the effects of Operation Metro Surge continue to devastate local businesses long after the federal immigration enforcement operation officially concluded. Daniel Hernandez, owner of Colonial Market grocery stores, says sales at his stores have declined by roughly 60% since ICE officers made his parking lot a regular hangout. “We’re barely — literally barely…
Republican Mike Rogers is signaling openness to support from AIPAC as he battles for Michigan’s open U.S. Senate seat in one of 2026’s most competitive races. The race has drawn national attention partly because it is the only open Democratic-held Senate seat in a state that Donald Trump carried in the 2024 presidential election. Rogers…
Republican Mike Rogers and Democrat Abdul El-Sayed clashed fiercely in their first Michigan Senate debate, with tensions so high the arguing continued through commercial breaks. “In 30 years of doing debates, I’ve never seen it continue during the commercial,” WOOD TV moderator Rick Albin said. “But it did.” The debate, hosted by Nexstar’s Grand Rapids…
AST SpaceMobile (ASTS) returned to investor attention after completing a landmark integration test connecting TELUS’ terrestrial wireless network with its satellite-based direct-to-smartphone system in Canada. The milestone comes during a turbulent stretch for ASTS, with shares falling 6.13% in a single session and 13.90% over the past month alone. Year-to-date, the stock has declined 31.80%,…
D-Wave Quantum (NYSE: QBTS) has lost nearly 40% of its value in 2026, yet Wall Street analysts remain almost unanimously bullish on the stock’s recovery potential. The stock currently trades at $15.79, well below the consensus analyst price target of $34.65, implying roughly 119% upside from current levels. Rosenblatt Securities analyst John McPeake holds the…