US Politics & Business News
Two very different companies are competing for investor attention in 2026, one burning cash to build satellites and the other generating billions from defense contracts. AST SpaceMobile (ASTS) represents an ambitious bet on universal cellular connectivity delivered directly through a growing constellation of satellites in low Earth orbit. Lockheed Martin (LMT) offers a mature, proven…
IBM and its research partners have published three new papers outlining a method to verify quantum calculations for accuracy as they happen in real time. The development marks a significant step forward for the quantum computing industry, which has long struggled with reliability and error rates in quantum systems. Quantum computers are notoriously prone to…
Lockheed Martin (LMT) has secured a major contract modification worth tens of billions of dollars, signaling that war-related defense spending shows no signs of slowing down. The U.S. military has fired a significant number of missiles in recent operations, leaving the Defense Department with a pressing need to replenish and expand its existing missile stockpiles….
Mastercard reported another quarter of strong double-digit revenue growth on July 30, as executives argued that agentic artificial intelligence will strengthen rather than undermine card networks. For the quarter ending June 30, Mastercard posted net revenue of $9.3 billion, a 12% increase from the prior year, alongside net income of $4.4 billion, up 19%. CEO…
The U.S. economy expanded at a weaker-than-expected pace in the second quarter, while inflation remained well above the Federal Reserve’s goal, complicating the central bank’s policy outlook. Gross domestic product rose at an annualized rate of just 1.5% for the April-through-June period, according to Bureau of Economic Analysis data adjusted for seasonality and inflation. Economists…
Lloyds Banking Group PLC (NYSE: LYG) reported robust first-half 2026 financial results, delivering a 17.1% return on tangible equity and net income growth of 9% year-on-year. The UK banking giant also announced a 30% increase in its interim dividend, signaling management’s confidence in the group’s capital position and earnings trajectory going forward. Alongside the dividend…
Space stocks edged higher in premarket trading Thursday after Elon Musk publicly reinforced confidence in U.S. Moon and Mars ambitions. The rally followed bullish comments from NASA Administrator Jared Isaacman about SpaceX’s essential role in America’s lunar future, sparking renewed investor interest in the battered sector. SPCX and Rocket Lab (RKLB) each gained 0.1% in…
D-Wave Quantum (QBTS) secured a significant commercial milestone after AT&T expanded its use of the company’s quantum computing technology across multiple network operations workflows. AT&T reported cutting a key network optimization workload from approximately one hour to less than 15 seconds using D-Wave’s annealing-based system, a performance gain that is hard to ignore. The development…
General Dynamics Corporation (GD) reported second-quarter 2026 earnings of $4.24 per share, beating the Zacks Consensus Estimate of $3.95 by 7.3%. The bottom line marked a 13.4% increase from $3.74 per share in the year-ago quarter, driven by higher operating earnings and lower net interest expense. Total revenues of $14.09 billion surpassed the consensus mark…
Qualcomm shares tumbled sharply in after-hours trading after the chipmaker posted fiscal third-quarter results that narrowly missed Wall Street earnings expectations. Qualcomm (QCOM) fell nearly 8% after hours on Wednesday, extending a 4.42% decline during the regular session that left shares closing at $155.68. The company reported adjusted earnings per share of $2.21, just under…