US Politics & Business News
Oak Ridge National Laboratory, IonQ Inc. (NYSE: IONQ), and NVIDIA Corporation (NASDAQ: NVDA) have jointly reached a landmark milestone in quantum computing software efficiency. Researchers from all three organizations used generative artificial intelligence to design quantum circuits, cutting compilation runtime from 11 minutes to approximately 28 seconds. For years, the time and cost of calibrating…
RTX Corporation (NYSE: RTX) holds a significant structural advantage over Lockheed Martin (NYSE: LMT) when it comes to exposure to fixed-price defense contract risk. The distinction matters more than ever as the defense industry faces mounting pressure on traditional contracting models and government spending priorities. Lockheed Martin’s fixed-price contracts accounted for $45.2 billion of its…
Most retirees are making a critical error with their retirement savings, according to new research from Vanguard that is drawing widespread attention in financial circles. The research, titled “Beyond RMDs: A Better Way to Turn Retirement Savings into Income,” examines how retirees actually convert their accumulated savings into usable retirement income. Vanguard found that approximately…
Forty-six members of the Senate Democratic caucus are demanding Defense Secretary Pete Hegseth provide a detailed accounting of the ongoing Iran war’s total costs. The letter was led by Michigan Sen. Elissa Slotkin and signed by every Senate Democrat except Sen. John Fetterman, with independent Sens. Bernie Sanders and Angus King also included. The United…
The Trump administration has begun erecting 30-foot wall panels along a stretch of southwest Texas’s Big Bend region, pressing forward over objections from local leaders and residents. Customs and Border Protection confirmed to the Associated Press that installation was already underway, with the agency posting a photo showing a crane lifting one of the panels…
President Trump announced plans to create an “AI Force” and appoint a new “czar” to oversee the development of artificial intelligence across the United States. Trump made the announcement in a lengthy Truth Social post, dismissing concerns about the absence of federal AI guardrails as a “hoax.” The president framed his proposals as a necessary…
New polling from Bowling Green State University shows Ohio’s gubernatorial and U.S. Senate races are extremely close heading into the November election. The BGSU survey found Democratic candidates in both races hold 3-point leads over their Republican opponents among likely Ohio voters. Despite those slim leads, respondents believe Republicans are more likely to ultimately win…
Quantum computing stocks are trading as a thematic basket Thursday morning, with IonQ (NYSE: IONQ) leading a sector-wide surge on a single research disclosure. IonQ reported progress on generating quantum optimization circuits using a generative machine learning method developed alongside NVIDIA (NASDAQ: NVDA), Oak Ridge National Laboratory, and the University of Tennessee. The approach held…
RTX (NYSE: RTX), the aerospace and defense giant behind Collins Aerospace, is facing fresh cost pressure after the FAA estimated tariffs could add roughly $100 million to its air-traffic-control modernization program. Shares fell approximately 1.1% to $191.49 on Friday, reflecting investor unease over the potential financial impact of the tariff burden on a high-profile government…
ValueWorks founder Charles Lemonides argues that investors are too fixated on dominant companies, missing significant value in smaller, overlooked rivals. Lemonides, whose firm manages approximately $400 million through a hedge fund and other investment strategies, made his case in a recent interview. He told MarketWatch that “there’s a winner-take-all fallacy in certain industries, and there…