US Politics & Business News
AST SpaceMobile (ASTS) has shed approximately 7.7% since its most recent earnings report, underperforming the broader S&P 500 over the same period. The decline has investors questioning whether the stock faces continued pressure heading into its next earnings release or whether a breakout could be on the horizon. AST SpaceMobile reported lackluster second-quarter 2026 results,…
D-Wave Quantum (QBTS) shares jumped 9% on Tuesday morning after the company signed a definitive agreement with the U.S. Department of Commerce for significant federal funding. The agreement grants D-Wave access to “up to $100 million” in funding under the U.S. CHIPS and Science Act, marking a major milestone for the quantum computing firm. D-Wave…
RTX Corporation (RTX) is positioning itself for sustained commercial aerospace growth as Pratt & Whitney accelerates support capabilities for its Geared Turbofan engine family. The GTF aftermarket network expanded to 21 facilities worldwide in 2025, with PW1100G-JM shop-visit output rising approximately 26% year over year. That expansion gives RTX a broader platform to serve an…
The world’s commodity markets face pressure from multiple fronts, as conflicts beyond the Strait of Hormuz send fresh shockwaves through fuel and food supply chains. Intensifying violence in the Black Sea region threatens to disrupt global grain trades at a moment when markets remain particularly fragile and exposed. Heat waves compounding the disruption from armed…
Market pricing shifted sharply Thursday as traders raised the probability of a Federal Reserve interest rate hike next week to 70% in morning trading. The move followed a producer price index report showing wholesale prices rose 0.4% in August, pushing the annual PPI level to 5.4%, slightly above forecasts. The August PPI increase came on…
Senate Commerce Committee Chairman Ted Cruz has described a viral warning from an AI researcher as “scary as hell,” raising fresh alarm about the pace of artificial intelligence development. Cruz’s comments come as Congress faces growing pressure to act on AI legislation before the technology outpaces any regulatory framework lawmakers might construct. The Senate Commerce…
Trump opened the Republican Party’s first-ever midterm convention in Dallas, Texas, by paying tribute to the late conservative activist Charlie Kirk. The president addressed the crowd on Wednesday, September 9, just one day before the one-year anniversary of Kirk’s death. Kirk was fatally shot on September 10, 2025, while delivering opening remarks at a Turning…
Lobbyists and interest groups have spent $31 million pressing Congress on the Protect College Sports Act, the sweeping bipartisan bill backed by Sens. Ted Cruz and Maria Cantwell. The legislation represents one of the most significant federal attempts to regulate the business of college athletics in the history of American higher education. Cruz, a Republican…
AST SpaceMobile (ASTS) is emerging as one of the fastest-growing companies in the space-based cellular broadband sector, posting extraordinary revenue gains in recent quarters. The company reported second-quarter revenue of $31.5 million in August, a dramatic surge compared to just $1.2 million in the same period a year earlier. That kind of growth trajectory has…
Shares in five of the most prominent quantum computing companies are climbing sharply today, even as broader markets experience a notable pullback across major indexes. The gains are being driven by a significant government funding announcement targeting three of the sector’s leading publicly traded firms, injecting fresh momentum into the nascent industry. Rigetti Computing (Nasdaq:…