Exclusive: China Warns US Over Taiwan Arms Sales as $14 Billion Package Hangs in Balance
Beijing has issued a stern warning to Washington over its arms sales to Taiwan, with the Chinese Embassy in the United States urging the Trump administration to exercise restraint as a multibillion-dollar weapons package remains under consideration. Chinese Embassy spokesperson Liu Pengyu told Congress.net that Beijing’s position on the matter leaves no room for ambiguity….
Approval Poll: 57% of Republican Voters Back Trump Despite Oil and Inflation-Driven Concerns
A new Congress.net poll of 1,142 registered Republican voters shows President Donald Trump retaining majority support within his own party, with 57 percent expressing approval of his performance, even as soaring oil prices and the resulting inflation crisis emerge as the defining anxiety across the Republican base. The survey, conducted this week, puts Trump’s standing…
BWX Technologies Draws Deutsche Bank Upgrade as Nuclear Defence Contracts, SMR Pipeline Reshape Growth Story
BWX Technologies (NYSE: BWXT), the mid-cap nuclear technology and government services firm, has attracted renewed analyst attention following a combination of strong first quarter 2026 results, over $1.4 billion in freshly awarded naval contracts, and a Deutsche Bank upgrade that lifted the bank’s price target to $255 from $203 while moving the stock from Hold…
Iran Nuclear Talks Inch Forward as Bond Markets Signal Fiscal Strain on Washington
The diplomatic impasse between the United States and Iran over nuclear enrichment shows partial signs of movement, with Pakistan serving as the central mediating channel between the two sides and Qatar’s prime minister adding public support for the mediation framework that has kept both countries at the table despite persistent mutual distrust. Iran’s foreign minister…
Moody’s Downgrade and Iran War Costs Push Treasury Yields Higher as Stocks Waver
US markets opened cautiously on Monday as investors absorbed the implications of Moody’s stripping the United States of its top-tier triple-A credit rating for the first time in the agency’s history. The downgrade, announced on Friday, lowered the country’s rating by one notch to Aa1, bringing Moody’s into line with S&P Global, which cut its…
Ford Motor Gets Price Target Increase as Auto Sector Navigates Tariff Headwinds and Model Refresh Cycle
Ford Motor Company (NYSE: F) received a price target increase from RBC Capital, which raised its target from $11 to $13 while maintaining a Sector Perform rating, as the automaker navigates a complex period that combines tariff-driven cost pressures with an active model refresh cycle across its core truck and commercial vehicle lineup. The stock…
Trump Scores Primary Revenge as Cassidy Becomes First Incumbent Senator to Lose in 14 Years
Senator Bill Cassidy of Louisiana became the first sitting senator to lose a regularly scheduled Republican primary since Indiana’s Richard Lugar in 2012, eliminated from the race for a third term after Trump-backed congresswoman Julia Letlow and state Treasurer John Fleming outpolled the two-term incumbent on Saturday night. Letlow, who carried Trump’s “complete and total…
CACI International Lands $113.8m Navy Deal as Defense Tech Stocks Hold Firm
CACI International (NYSE: CACI) climbed 4.2% to $502.63 after the company secured a $113.8 million contract from the United States Navy to support the Military Sealift Command’s integrated business systems. The agreement could extend through October 2031 if all available options are exercised, making the total potential value of the relationship substantially higher than the…
Cerebras Systems (NASDAQ: CBRS) Raises $5.55 Billion in Biggest US Tech IPO Since Uber
Cerebras Systems (NASDAQ: CBRS) made a spectacular entrance onto the Nasdaq on Thursday, with shares closing up 68% at $311.07 after the AI chipmaker priced its IPO at $185 per share, itself above an already elevated expected range of $150 to $160. The company sold 30 million shares, raising $5.55 billion in the largest initial…
Cisco Surge Puts Tech Back in Front as Nasdaq Sets Another Record Amid Wall Street Inflation Tug-of-War
The S&P 500 rose 0.58 percent to a new all-time closing high of 7,444.25 on Wednesday, as the Nasdaq Composite gained 1.2 percent to 26,402.34, both indexes extending their record streaks despite a hotter-than-expected producer price index reading for April. The Dow Jones Industrial Average moved in the opposite direction, shedding 67.36 points, or 0.14…
