US Politics & Business News
Rocket Lab (NASDAQ: RKLB) shares are falling 5% to $64.38 in Friday morning trading, part of a broad pullback hitting space-sector stocks across the board. The move looks less like a company-specific catalyst and more like sector rotation unwinding a strong recent run across high-beta space names. AST SpaceMobile (NASDAQ: ASTS) is actually leading the…
The Trump administration is making a major push into quantum computing, with the U.S. Energy Department unveiling a $215 million initiative to accelerate American leadership in the field. The program, called Quantum Genesis Q, is structured as a competition designed to produce an error-corrected, “scientifically relevant” quantum computer. Quantum computing has emerged as one of…
RTX Corporation (NYSE: RTX) came under scrutiny on Mad Money after a caller asked host Jim Cramer to explain why the defense and aerospace giant’s stock has been sliding lower. Cramer pointed directly to the Federal Reserve’s rate-hiking cycle as the primary driver behind the pressure on high-multiple stocks like RTX. “Okay, here’s what’s happening….
Japan’s financial markets defied conventional logic Friday after the Bank of Japan raised its benchmark interest rate to its highest level since 1995. The BOJ lifted its policy rate by 25 basis points to 1.25%, continuing an aggressive tightening cycle that began just three months earlier with its previous hike. Typically, a central bank rate…
House Republicans have departed Washington for a seven-week pre-midterms recess, leaving behind a string of unresolved affordability concerns that could weigh heavily on the party heading into Election Day. A perfect storm of cost-of-living issues is developing for Republicans, and they have all but given up on passing legislation to address those concerns before November….
Lloyds Banking Group (NYSE: LYG) has unveiled its Accelerate 2030 plan, committing £13 billion in total cash investment over four years, or roughly £3.25 billion annually. Chief Financial Officer William Chalmers outlined the strategy at the Barclays Global Financial Services Conference, describing it as a direct evolution of the bank’s previous 2022–2026 plan. Chalmers said…
A securities class action lawsuit has been filed against AST SpaceMobile and several of its executives, putting the company’s investment narrative under fresh scrutiny. The suit alleges that the company made misleading statements about its capital strength, competitive position in satellite direct-to-cell services, and insider stock sales during the period between March 4, 2025 and…
D-Wave Quantum (NasdaqGS: QBTS) is navigating a turbulent stretch following its chief financial officer’s resignation and a disappointing revenue performance that fell short of expectations. Several shareholder rights law firms have launched investigations into potential securities law violations and possible misstatements made to investors by the company. The probes center on whether D-Wave Quantum’s disclosures…
RTX Corporation (NYSE: RTX) announced that its Pratt & Whitney division will invest $25 million to expand its manufacturing facility in Niepołomice, Poland. The Niepołomice site produces complex tubular assemblies for both military and commercial engines, supporting several key programs across the company’s portfolio. Engines supported at the facility include the F135, the Pratt &…
On Thursday, the House of Representatives passed the most sweeping Russia sanctions package Washington has assembled since the invasion of Ukraine, and sent it to a president who has wavered for years over whether to sign such things at all. The vote was 262 to 159, following an 86-to-11 landslide in the Senate in August….