US Politics & Business News
Chip stocks are rallying sharply as investors signal renewed confidence that artificial intelligence infrastructure spending remains robust and shows no signs of slowing. Micron Technology (NASDAQ: MU) climbed roughly 6% on Thursday, continuing a strong run driven by surging demand for AI-related memory products. SanDisk (NASDAQ: SNDK) posted an even more dramatic gain, soaring approximately…
The U.S. stock market has delivered its most powerful sustained rally in more than a quarter century, rewarding investors who chose to stay the course through persistent uncertainty. Despite a barrage of troubling headlines spanning geopolitical tensions, inflation concerns, and political turbulence, equity markets have continued climbing to remarkable heights. The lesson for everyday investors…
California industrial facilities that receive a 60-Day Notice alleging stormwater violations are not hearing from a government regulator. In the vast majority of cases, the notice comes from a private environmental organization exercising its right to sue under the citizen-enforcement provision of the federal Clean Water Act — and according to a new analysis, a…
SpaceX shares have extended their recovery from post-IPO lows, rising around 6% and pushing closer to the $150 level amid growing institutional interest. Fresh filings from major technology and investment firms reveal significant accumulated positions in SpaceX, fueling optimism across the broader technology sector. Alphabet (GOOGL) disclosed a SpaceX stake worth approximately $94 billion at…
Shares of Intuitive Machines (NASDAQ: LUNR) jumped 6% to $20.22 in early Monday trading following a major contract announcement that extended Friday’s 8% rally. The company disclosed an authorization to proceed on a multi-satellite communications infrastructure program with an anticipated value of more than $600 million from an undisclosed customer. Intuitive Machines will use its…
Global semiconductor sales hit $403.3 billion in the second quarter of 2026, a 35.1% jump from the previous quarter, according to the Semiconductor Industry Association’s August 2026 report. Strong demand across the Americas, Asia Pacific and China continues to fuel industry expansion, reinforcing semiconductors as a cornerstone of technological innovation and economic growth. The World…
Raytheon, an RTX (NYSE: RTX) business, has secured a $22.9 billion, seven-year contract from the U.S. Navy to sharply accelerate production of Tomahawk cruise missiles. The Department of War announced the award on Monday, marking one of the most significant long-range strike munitions contracts in recent U.S. defense history. The agreement was awarded through the…
The share of Americans working or actively seeking employment has dropped to its lowest level since the pandemic, raising alarms among economists and market watchers alike. The labor-force participation rate fell to 61.4% in July, according to the Bureau of Labor Statistics, matching levels last seen in February 2021. The total size of the American…
Wall Street bulls are pointing to strong corporate earnings growth as a fundamental pillar supporting equity markets hovering near record highs this season. Strategists at Goldman Sachs, led by Ben Snider, report that earnings per share growth for the second quarter is running at 31% year-over-year, even excluding “other income” tied to private investment stakes….
D-Wave Quantum Inc. (NASDAQ: QBTS) has appointed seasoned technology finance executive Kevan P. Krysler to its Board of Directors and Audit Committee, effective immediately. The company, which describes itself as the only dual-platform quantum computing provider offering both annealing and gate-model systems, announced the move on August 17, 2026. Krysler currently serves as chief financial…