US Politics & Business News
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…
Brit Hume, chief political analyst at Fox News, is casting doubt on whether President Trump’s nationwide campaign push is actually helping Republican candidates ahead of the midterms. The veteran analyst, a former ABC News correspondent, took particular aim at Trump’s performance in the Texas Senate race, which has emerged as a surprisingly competitive contest. Trump…
Former Vice President Kamala Harris and the NAACP are teaming up to host midterm election town halls designed to mobilize voters in key swing states. The events are scheduled for Milwaukee, Wisconsin and Atlanta, Georgia, two cities at the center of closely watched political battles this election cycle. Harris is set to appear in Milwaukee…
AST SpaceMobile Inc. (ASTS) has set an ambitious target to deliver initial, intermittent space-based cellular broadband coverage in five markets before the close of 2026. The company is pushing toward service launches in the United States, Canada, Japan, the United Kingdom and Saudi Arabia as its satellite network buildout accelerates. “We are moving toward service…
Quantum computing has emerged as one of Wall Street’s most electrifying investment themes alongside artificial intelligence over the past four years. Four pure-play quantum computing stocks have delivered extraordinary gains over the trailing two-year period ending October 16, stunning even seasoned investors. IonQ (IONQ) surged 154%, Rigetti Computing (RGTI) skyrocketed 1,180%, D-Wave Quantum (QBTS) soared…
RTX Corporation (NYSE: RTX) posted third-quarter results that cleared analyst expectations on both earnings and revenue, lifting shares 2.2% in premarket trading. The aerospace and defense giant reported adjusted earnings per share of $2.26, beating the analyst consensus of $1.78 by $0.48 per share. Revenue for the quarter reached $25.0 billion, topping estimates of $24.09…
Over the past decade, the long-standing academic case for small-cap outperformance has been repeatedly undermined by real-world market results favoring large caps. Since December 31, 2013, the S&P 500 has gained 259.7% compared to the Russell 2000’s 110.11%, according to Dow Jones Market Data. That performance gap has widened as interest rates and Treasury yields…