US Politics & Business News
AST SpaceMobile (NASDAQ: ASTS) dropped 4% to $59.67 midday Wednesday as traders reacted to SpaceX winding down Falcon 9 East Coast Starlink launches. Rocket Lab (NASDAQ: RKLB) fell only 0.8% to $66.35, a routine session move that stands in sharp contrast to the ASTS selloff. The Procure Space ETF (NYSEARCA: UFO) slipped 0.7% to $44.26,…
D-Wave Quantum (NYSE: QBTS) stock tumbled 8% to $17.79 in midday trading Wednesday after the company disclosed its chief financial officer would retire next week. The departure of CFO John Markovich, effective September 2, caught investors off guard and sent shares of peer quantum computing companies lower in sympathy trading. IonQ (NYSE: IONQ) fell 3%…
The U.S. Air Force has awarded Boeing and RTX a combined $766 million in contracts tied to the ongoing B-52 modernization program. The contracts signal continued government investment in upgrading one of the military’s most enduring and strategically significant long-range bomber platforms. Boeing, trading under ticker BA, has long been a central contractor in the…
Gates, once among technology’s most vocal optimists, is now sounding one of the loudest alarms about artificial intelligence and its consequences for society. In a nearly 6,000-word essay and an accompanying interview with the New York Times, Gates describes the current moment as “one of the most turbulent times in human history.” The Microsoft co-founder…
Meta Platforms (META) agreed to settle a major social media addiction case with state attorneys general this week, ending the trial midway through its second week. The settlement sent Meta’s stock climbing as much as 5% in premarket trading after the news broke, though shares pared some of those early gains. The case was presided…
The Federal Reserve’s preferred inflation measure showed consumer prices continued to rise in July, keeping pressure on policymakers as they debate their next interest rate decision. The personal consumption expenditures price index rose a seasonally adjusted 0.2% for the month, placing the annual inflation rate at 3.7%, according to a Commerce Department report. Both the…
The American dream of homeownership is slipping further out of reach for millions of young adults, reshaping how an entire generation builds — or fails to build — long-term wealth. The median age of first-time homebuyers has hit an all-time high of 40, according to the National Association of Realtors, a figure that underscores just…
Quantum computing remains the most speculative segment of the US public technology market, with September 2026 offering investors a timely moment to reassess the three dominant pure-play names. IonQ (NYSE: IONQ), Rigetti Computing (NASDAQ: RGTI), and D-Wave Quantum (NYSE: QBTS) all trade at steep multiples relative to revenue while posting substantial operating losses each quarter….
A lawyer settling a personal injury case without a client’s knowledge or approval is a serious legal violation that can have lasting consequences. At the heart of every attorney-client relationship lies a fundamental principle: the final decision on any settlement belongs solely to the client, not the attorney. When a legal representative bypasses that authority,…
AMD is positioning itself to seize a dominant share of the rapidly expanding data-center CPU market as artificial intelligence workloads reshape demand across the industry. Bank of America Securities projects the server CPU market will reach $210.6 billion by 2030, a dramatic jump from an estimated $61.4 billion in 2026, driven by the rise of…