US Politics & Business News
Rigetti Computing (RGTI) shares have dropped sharply over the past month, raising fresh questions about investor patience with the quantum computing sector. RGTI stock declined 21% over the past month, while D-Wave Quantum (QBTS) fell 27.6% and Quantum Computing Inc. (QUBT) slipped 19% over the same period. The broader software market and the S&P 500…
Analysts expect RTX (RTX) to report quarterly earnings of $1.76 per share, a 3.5% increase compared to the same period last year. Revenue forecasts for the quarter stand at $23.84 billion, representing a year-over-year increase of 6.1% for the defense and aerospace giant. The consensus EPS estimate has seen a modest downward revision of 0.1%…
The question of how to divide a family business among heirs is one of the most emotionally charged decisions any parent can face. A 64-year-old father with two sons is wrestling with whether it is ethical to leave 70% of the family company to the son who actively works in the business. The other son…
September’s producer price index came in far hotter than economists had forecast, reinforcing persistent inflationary pressures tied to rising energy costs amid the U.S. war with Iran. The producer price index climbed 1.3% in September and 6.3% on an annual basis, according to the Bureau of Labor Statistics, marking the largest monthly and annual gains…
Sen. Bernie Moreno is pushing Republicans to prepare for a sweeping party-line legislative package in the event Democrats flip one or both chambers of Congress after the midterms. The Ohio Republican made the remarks Thursday to reporters at the Capitol, invoking a striking biblical metaphor to describe the stakes involved. “We will do a reconciliation…
The Trump administration has fundamentally redirected U.S. human rights policy, steering more than $175 million in funds toward conservative causes and priorities. Secretary of State Marco Rubio moved quickly to reshape the State Department’s Bureau of Democracy, Human Rights and Labor, calling it “a platform for left-wing activists to wage vendettas against ‘anti-woke’ leaders” in…
A growing bloc of House Republicans is warning President Trump they will block additional Pentagon funding unless the administration adopts a tougher posture toward Russia. The administration, backed by Defense Secretary Pete Hegseth, is pushing Capitol Hill Republicans to approve at least $350 billion in new military spending through a partisan reconciliation package in the…
AST SpaceMobile may be losing its window to replicate Rocket Lab’s deal-making success, according to satellite communications consultant Tim Farrar. Farrar issued the warning on X, pointing to Rocket Lab’s use of elevated equity to acquire other businesses before its stock momentum cooled. “RocketLab used its equity to acquire other businesses while its stock was…
D-Wave Quantum Inc. (NASDAQ: QBTS) has delivered its Advantage2 annealing quantum computer to Lombardy, Italy, marking a significant milestone for European quantum computing access. The system, featuring more than 4,400 qubits, has arrived at Villa Saporiti in Como for installation, funded by Swiss Quantum Technology SA. Within the Q-Alliance ecosystem, the machine is referred to…
RTX (RTX) is drawing renewed investor attention following a series of significant defense contract wins that analysts suggest could make the stock meaningfully undervalued at current prices. Raytheon, RTX’s defense subsidiary, secured a five-year contract worth up to $6.3 billion for Standard Missile 3 Block IB interceptors, adding to $729 million in counter-drone system orders…