US Politics & Business News
Stocks opened mixed on Tuesday as semiconductor names reversed the prior session’s gains and crude oil prices surged to multi-month highs. Brent crude futures (BZ=F) hovered near $110 per barrel, reaching a five-month high following Houthi rebel attacks against Saudi Arabia amid the ongoing Middle East conflict. West Texas Intermediate (CL=F) traded just below $100…
Super Micro Computer (NASDAQ: SMCI) stock soared after the company unexpectedly raised its revenue and gross margin guidance for its fiscal first quarter of 2027. SMCI shares closed 17.23% higher at $37.55, with extended trading adding another 11.3% on top of that gain. The company filed an 8-K with the SEC disclosing a preliminary business…
The S&P 500 may be approaching a significant turning point, with analysts warning that a correction of as much as 15% could be on the horizon. History suggests that bull markets do not end with dramatic crashes but instead fade slowly, making the top difficult to identify in real time. As one market observer noted,…
Senate Republicans’ campaign arm borrowed $20 million in September, signaling financial pressure as the party confronts a difficult midterm election landscape. The National Republican Senatorial Committee incurred a $17 million loan on September 1 as part of the broader $20 million borrowing effort. The loans represent a significant cash infusion for the NRSC as it…
The Trump administration is taking a calculated gamble, relying on existing criminal and civil laws to hold artificial intelligence developers accountable as AI systems grow more unpredictable. Rather than pushing for new AI-specific legislation, the White House has directed its so-called “Super Intelligence (SI) Force” to apply laws already on the books. The SI Force…
Major UK banks are blocking or restricting customer transfers to cryptocurrency platforms, generating more than 10,000 formal complaints in just three months. A report from Stand With Crypto UK, an advocacy group backed by Coinbase (NASDAQ: COIN), found that 10,092 complaints were filed between May and August 2026. The complaints came from customers who said…
AST SpaceMobile (NASDAQ: ASTS) has lost 42.35% of its value this year, even as satellite sector peers posted sharp gains across the same period. The stock currently trades at $41.87, sitting dangerously close to its 52-week low of $39.87, against a high of $133.86. Wall Street’s consensus price target of $74.28, drawn from 14 analysts,…
D-Wave Quantum (QBTS) is pressing forward with aggressive expansion plans despite a notable decline in its cash reserves following a major acquisition. As of June 30, 2026, the company’s cash and marketable securities totaled $546.2 million, down 33% from $819.3 million recorded a year earlier. More than 90% of that decline was directly tied to…
Tesla (TSLA) is set to report third-quarter earnings on October 21 after the market closes, with investors watching several key metrics closely. Analysts expect the electric vehicle maker to post revenue of $28.3 billion and earnings per share of $0.45 for the quarter. Tesla delivered 486,532 vehicles in the third quarter, surpassing the aggregated sell-side…
Senate Democrats’ top campaign spending group is entering Mississippi’s U.S. Senate race for the first time this cycle, signaling a party pushing aggressively into deep-red territory. The Senate Majority PAC, aligned with Democratic Senate Leader Chuck Schumer of New York, will spend $1.2 million on a new television advertisement supporting Scott Colom, a district attorney…