US Politics & Business News
Wall Street analysts project AST SpaceMobile will burn through approximately $3.2 billion in cash before reaching positive free cash flow in 2029. The company received a significant diplomatic boost after a U.S.-Japan joint statement welcomed its satellite partnership with Rakuten, sending shares up more than 8% intraday on October 6. The statement followed an October…
The quantum computing sector has become one of the most hotly debated investment arenas in 2026, with two names consistently dominating the conversation. D-Wave Quantum (QBTS) and Rigetti Computing (RGTI) represent two distinct approaches to building the next generation of computing infrastructure. D-Wave has emerged as a standout on the revenue growth front, posting gains…
RTX Corporation (RTX) is increasingly well-positioned to capture rising demand for naval missile defense as the U.S. Navy and allied forces modernize their protection against advanced airborne threats. The company’s Raytheon business has maintained a long-standing role in the Rolling Airframe Missile program, supporting continued production and sustainment of the system across naval platforms. RAM…
Prices on a wide range of consumer goods would have actually fallen without President Donald Trump’s tariff policy, according to a new New York Federal Reserve report. Researchers at the central bank’s New York arm tracked 67 categories of goods and found prices were 2.9 percentage points higher as of February due to tariffs imposed…
Oil flows out of the Strait of Hormuz are recovering unevenly and remain well short of pre-war levels, according to a new briefing from Kpler. The firm has raised its price outlook as Saudi Arabia ramps up exports from both its coasts. Kpler Insight lifted its Q4 2026 Dated Brent forecast to around $96 a…
California Governor Gavin Newsom is sharply condemning President Donald Trump after remarks at a Nebraska rally suggested Iran could attack American cities. Trump made the comments at a political rally in Grand Island, Nebraska, roughly one month before midterm elections that could return Democrats to congressional control. “They can take out a city. Let ’em…
AST SpaceMobile (ASTS) shares edged 0.3% higher overnight heading into Tuesday, lifted by a high-profile government endorsement of its international partnerships. The stock had closed marginally lower at $58.44 on Monday, following a 2% gain in the prior session, leaving it down 20% on a year-to-date basis. A joint statement released by the State Department…
Quantum computing remains years behind artificial intelligence in reaching commercial viability, yet investors are already racing to position themselves in the sector. Rigetti Computing (RGTI) and D-Wave Quantum (QBTS) have emerged as two of the most popular pure-play quantum computing picks available on Wall Street today. Both companies have secured meaningful backing from the U.S….
Wall Street ended the week deeply divided, with technology-heavy indexes pushing higher while blue-chip and small-cap benchmarks struggled to maintain momentum. The Nasdaq Composite closed at 27,190.86, gaining 1.19% on the day and extending its year-to-date advance to an impressive 16.99% for 2026. The Dow Jones Industrial Average slid to 51,176.96, posting a weekly loss…
A woman in her 80s suffered a devastating fall down her basement stairs, leaving her in severe pain and facing serious medical complications afterward. The fall resulted in injuries so severe that the woman developed pleural effusion, a condition involving fluid buildup between the lungs and ribs that compressed her lungs. “The pain was excruciating,”…