US Politics & Business News
Treasury Secretary Scott Bessent expressed cautious optimism Thursday, telling CNBC there is a “very good chance” the U.S. budget deficit has already reached its peak under President Donald Trump. Bessent made the remarks in an exclusive interview with CNBC’s Sara Eisen, one day after his department’s extraordinary debt buyback announcement drew widespread attention. “We are…
Crossroads Capital LLC, an investment management firm, spotlighted AST SpaceMobile in its second-quarter 2026 investor letter, praising the company’s operational momentum. AST SpaceMobile, Inc. (NASDAQ: ASTS) is a US-based satellite communication company building a space-based cellular broadband network that connects directly to standard smartphones via its BlueBird satellites. Shares of ASTS closed at $66.43 on…
D-Wave Quantum (QBTS) has gained just 0.6% since its second-quarter earnings report on August 6, significantly underperforming peers IonQ (IONQ) and Rigetti (RGTI) as well as the S&P 500. Investors appear to be prioritizing near-term financial execution over D-Wave’s longer-term technology milestones, creating a visible disconnect between sentiment and strategic progress. Second-quarter revenues came in…
AAR Corp. (AIR) is aggressively expanding its aircraft aftermarket capabilities through targeted acquisitions designed to solidify its standing in the growing maintenance, repair and overhaul market. The company’s strategy focuses on moving beyond traditional maintenance services into higher-value areas of the aviation aftermarket, including engineering, aircraft modification and certification. In April 2026, AAR completed the…
Bonds have staged a notable comeback in 2026, drawing renewed interest from investors seeking alternatives to a volatile equity market. Fixed-income markets have benefited from shifting expectations around interest rates, with many analysts pointing to a more favorable environment for bond investors this year. While mainstream bond funds have captured most of the attention, a…
JPMorgan Chase & Co. (JPM) strategists are sounding the alarm that the US Treasury’s aggressive bond buyback program may ultimately backfire, pushing yields higher rather than lower. The Treasury announced it would at least double the size of its bond buybacks, framing the move as providing “greater liquidity support” to financial markets amid mounting concern…
SpaceX stock has demonstrated little correlation with other large technology stocks since it began trading as a publicly listed company. The finding sets SpaceX apart from the group of dominant tech stocks often referred to as the Magnificent Seven, which tend to move in similar patterns. The Magnificent Seven includes some of the most closely…
The quantum computing sector is intensifying as early August earnings reports gave investors a clearer picture of which companies are beginning to separate themselves from the competition. Results across the industry were uneven, with some firms delivering impressive numbers while others struggled to meet expectations during a closely watched earnings season. IonQ Inc. (NYSE: IONQ)…
RTX Corporation’s Raytheon unit secured a $22.90 billion, seven-year Tomahawk cruise missile contract with the U.S. Navy earlier this month, marking a major milestone for the defense giant. The deal was accompanied by stronger-than-expected Q2 2026 results, higher full-year guidance, and continued dividend growth, reinforcing confidence among investors tracking the stock. The combination of a…
Last year, Seattle Seahawks wide receiver Montorie Foster Jr. was waived with an injury designation just weeks into his first NFL training camp. Foster, an undrafted rookie out of Michigan State, signed with the Seahawks in May 2025 before a knee injury cut his debut short and sent him back home to the Cleveland area….