US Politics & Business News
IonQ (IONQ) shares have tumbled 36.4% over the past month, significantly underperforming other pure-play quantum computing stocks across the sector. Rival quantum companies have also struggled, with Rigetti Computing (RGTI) down 32.3%, D-Wave Quantum (QBTS) falling 28.9%, and Quantum Computing Inc. (QUBT) declining 27.9% over the same period. The sector-wide weakness arrives despite Washington intensifying…
RTX Corporation (RTX) continues to expand its footprint in the electronic warfare market through a broad portfolio of advanced attack, sensing and mission systems. The company’s capabilities span electronic attack technologies, advanced radar and sensors that collectively support modern military operations across multiple combat domains. One of RTX’s flagship offerings is the Next Generation Jammer…
Cyclosporiasis, an intestinal infection caused by the cyclospora parasite, is spreading at an unusually high rate across the United States this season. The infection typically picks up during summer months, but health officials say this year’s outbreak is more severe than usual, with mysterious clusters emerging in several regions. On July 14, the U.S. Centers…
IBM shares tumbled 24% in premarket trading after the tech giant unexpectedly released preliminary second-quarter earnings a full week ahead of schedule. If the losses hold, it would mark the steepest one-day decline for IBM (IBM) since Black Monday in 1987, when the stock fell 23.7% during the worst day in U.S. stock market history….
SpaceX (NASDAQ: SPCX) has erased its post-IPO gains almost entirely, with shares sliding back toward the $135 offering price from a peak of $225.64. The stock priced at $135 on June 12, 2026, surged to an intraday high before reversing sharply, and now trades near $139.14 after a 4.24% single-day decline. SPCX has fallen 13.55%…
Quantum computing stocks have faced significant pressure, pushing investors toward diversified ETF options that can spread risk across the sector. WisdomTree’s WQTM and Defiance’s QTUM have emerged as two notable vehicles for investors seeking exposure to the quantum computing space. The two funds cater to different investor profiles, with one better suited for short-term traders…
L3Harris Technologies (LHX) is actively aligning its business strategy to capitalize on sweeping changes in how the U.S. military procures defense systems and technologies. The company’s so-called Trusted Disruptor strategy is central to its effort to meet evolving defense customer demands for speed, agility and measurable mission outcomes. L3Harris is directing investment toward advanced mission…
Early projections suggest Social Security recipients could see a meaningful boost to their monthly benefits when the 2027 cost-of-living adjustment takes effect. The official COLA announcement comes each October, but analysts and advocacy groups have already begun publishing estimates based on current inflation trends. The Social Security Administration calculates the annual adjustment using third-quarter changes…
JPMorgan Chase (JPM) reported second-quarter net income of $21.2 billion, or $7.70 per share, the highest quarterly profit in the bank’s history. The blowout results were fueled by a surge in stock-trading revenue and a $4.6 billion gain on the bank’s Visa (V) stake. Excluding those one-time gains and $1.0 billion in gains on certain…
Consumer prices posted their sharpest monthly decline in more than six years during June, offering Americans a brief reprieve from the year’s persistent inflation pressures. The consumer price index fell a seasonally adjusted 0.4% for the month, pulling the annual inflation rate down to 3.5%, according to the Bureau of Labor Statistics. Economists surveyed by…