US Politics & Business News
A turbulent trading week ending August 21 delivered historic moves across stocks, bonds, crypto, and biotech sectors simultaneously. Treasury Secretary Scott Bessent made a rare and dramatic intervention Wednesday after the 30-year Treasury yield hit 5.27%, a 19-year high. The surge in long-end yields was driven by concerns over the $40 trillion national debt, a…
D-Wave Quantum Inc. (NASDAQ: QBTS) is drawing investor attention after an executive filed a Form 4 disclosing a disposition of 23,850 shares of common stock. The transaction involved Sophie C. Ames, Executive Vice President and Chief Human Resources Officer, whose shares were withheld by the company to cover tax obligations. The share withholding was triggered…
SpaceX completed its 100th launch of 2026 on August 18, sending 24 Starlink satellites into orbit from Vandenberg SFB aboard a Falcon 9. The milestone pushed the constellation past 11,000 satellites in low Earth orbit, a figure that includes non-operational, failed, and deorbit-queued spacecraft. The Pentagon responded by cutting five separate $12 million contracts under…
Rocket Lab successfully launched an Earth-imaging satellite for Japan’s Institute for Q-shu Pioneers of Space, marking the company’s 14th launch of 2026. The mission, dubbed “Lightning God Defends,” represented the 93rd overall flight of Rocket Lab’s Electron orbital rocket, launched from New Zealand. The payload, a QPS-SAR satellite, was deployed into low-Earth orbit, completing Rocket…
Quantum computing pure plays are posting sharp single-session gains Friday, driven by sector rotation rather than any company-specific announcement or filing. Infleqtion (NYSE: INFQ) is leading the group higher, rising 10% to $13.82 in midday trading, continuing a shorter-term recovery in a stock still below its February listing price of $15.59. Rigetti Computing (NASDAQ: RGTI)…
Canada will impose sweeping retaliatory tariffs on American goods starting September 8, after trade negotiations with the United States collapsed Friday night. Prime Minister Mark Carney announced the measures Saturday, saying Canada would match Washington’s new 50% duties on Canadian exports with equal force. “Canada will match Washington’s new tariffs dollar for dollar in order…
After surging through the first half of 2026, memory and storage stocks are struggling to reclaim their highs as AI trade concerns overshadow otherwise strong fundamentals. Sandisk Corp. (SNDK), Micron Technology Inc. (MU), Western Digital Corp. (WDC), and Seagate Technology Holdings Plc (STX) remain among the top performers in the S&P 500 this year, but…
D-Wave Quantum (QBTS) is back in the spotlight after a turbulent stretch, with investors weighing a new board appointment against a steep pullback in share price. The company recently appointed Kevan P. Krysler as an independent Class I director, bringing long-tenured finance and audit expertise to both its board and Audit Committee. The move signals…
A powerful rally in industrial stocks has defied higher oil prices, rising bond yields, and restrictive trade policies throughout 2026, fueled by investor enthusiasm over artificial intelligence spending. Shares of companies that make heavy machinery, move goods, and construct buildings and bridges rank among the best performers in the S&P 500 Index alongside energy and…
Cash App, owned by Block (SQ), has launched a $25 NFC-powered magic wand that functions as a tap-to-pay device, directly capitalizing on a viral social media trend. The product sold out all 10,000 available units on June 4, just hours after going live for purchase on the platform. The wand trend originated with social media…