US Politics & Business News
Quantum computing stocks have struggled to find momentum in recent months, but a potential catalyst may be taking shape on Capitol Hill. A Jefferies analyst says Congress could soon pass key legislation that would provide a significant boost to the sector. Stocks including D-Wave Quantum (QBTS), IonQ (IONQ), and Rigetti Computing (RGTI) have all seen…
RTX Corporation (RTX) is cementing its dominance in the air-to-air missile market as global demand for the Advanced Medium-Range Air-to-Air Missile continues to surge. The company’s Raytheon business recently secured a multiyear contract valued at up to $20.7 billion for AMRAAM production, guidance sections, and related requirements. The five-year contract, which includes two option years,…
The S&P 500 was trading within 2 percentage points of its record closing high recently, but a closer look reveals a far less optimistic picture beneath the surface. While the headline index continues to project strength, a significant number of individual stocks have fallen 20 percent or more from their recent peaks, meeting the traditional…
Republican pollster Frank Luntz is sounding the alarm over what he calls a “very dangerous strategy” being pursued by President Donald Trump ahead of the midterm elections. Appearing on CNN This Morning, Luntz argued that Trump is attempting to put himself on the ballot in November to energize his base of supporters heading into a…
The three banned news outlets are asking a federal judge to maintain protections blocking the Trump administration from enforcing its White House press ban. The conflict began when President Trump announced he would ban CNN, MSNBC, and Politico from the White House complex, describing the move as “effective immediately.” Trump made clear his decision stemmed…
U.S. stock futures held flat in early Tuesday trading as rising Treasury yields and artificial intelligence safety concerns continued to weigh on market sentiment. As of 4:00 a.m. ET, Nasdaq (QQQ), S&P 500 (SPY), and Dow futures were flat, while Russell 2000 futures dipped 0.1% amid the cautious premarket tone. The subdued opening follows a…
AST SpaceMobile (ASTS) has delivered a dramatic share price run over the past three years, putting serious pressure on questions about how much its net assets can justify. With such a sharp move already behind investors, the central debate now is whether the current valuation remains grounded in book value or has simply run ahead…
Defense contractor RTX Corp (NYSE: RTX) has retreated from a record high of $226.88 reached on August 10, putting its shares under modest pressure. The pullback has pushed RTX stock slightly below its long-term 260-day moving average, a key technical support level closely watched by analysts and traders. Despite dipping beneath that trendline, the stock…
The November-to-April period has historically been one of the strongest stretches of the calendar year for equity markets, delivering consistent gains for investors. This reliable seasonal pattern has long encouraged investors to increase exposure to stocks heading into the final months of each year. However, at least one proprietary strategist model is now signaling that…
The Trump administration is moving to cancel $810 million in congressionally approved federal funding through a controversial maneuver known as a pocket rescission. The move sidesteps congressional approval entirely, drawing sharp criticism from lawmakers on both sides of the aisle, including members of Trump’s own party. Republican Senator Susan Collins of Maine was among the…