US Politics & Business News
International Business Machines (IBM) shares logged their worst single-day decline on record Tuesday after the company issued a disappointing preliminary second-quarter earnings report. The stock plummeted 25%, surpassing the company’s previous worst day on record, when shares fell 23.7% on October 19, 1987. CEO Arvind Krishna pointed to a sudden and dramatic shift in customer…
Netflix (NFLX) has raised subscription prices for the second time in just over 14 months, drawing sharp criticism from lawmakers and consumer advocates across the country. The streaming giant increased its standard ad-supported plan to $8.99 per month, up from $7.99, while its ad-free standard tier climbed to $19.99 from $17.99 per month. The premium…
AST SpaceMobile (NASDAQ: ASTS) is pursuing one of the most ambitious goals in the telecommunications industry today. The company wants to deliver cellular coverage to every corner of the planet using a constellation of low-Earth-orbit satellites. Unlike direct-to-consumer satellite competitors, AST operates a carrier-first model that positions it as a partner to existing telecom giants…
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…