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SpaceX Stock Crashes Below IPO Price as Rinehart’s A$700m Gain Evaporates
SpaceX shares dropped below their US$135 IPO price, erasing US$903 billion in value. Australian billionaire Gina Rinehart’s estimated A$700m profit from the June listing has been wiped out.
Trump Claims China Stole 220M Voter Files in Primetime Election Security Speech
Trump claims China acquired 220 million U.S. voter files in primetime speech. Declassified documents released, but fact-checkers say most information was previously public. Election integrity focus ahead of 2026 midterms.
Trump Administration Weighs $100,000 Bond for Green Card Applicants
Trump administration considers requiring green card applicants to post $100,000 refundable bond. Proposal targets those deemed at risk of becoming public charges. Details remain unresolved.
Canadian Wildfire Smoke Blankets US Through Saturday; Air Quality Hazardous
Canadian wildfire smoke creates hazardous air quality across 20+ US states. Chicago, Detroit, and Pittsburgh hit worst levels. Smoke clears Saturday as storms push pollution out.
Moonshot’s Kimi K3 Narrows AI Gap; Chinese Model Rivals US Frontier Systems
Moonshot AI’s Kimi K3 model with 2.8 trillion parameters rivals Anthropic’s Fable 5 and OpenAI’s GPT 5.5, marking a major shift in the US-China AI race and triggering sharp selloffs in tech stocks.
Netflix (NASDAQ: NFLX) Stock Slides 9% as Q3 Revenue and EPS Forecast Miss Wall Street Estimates
Netflix stock slid roughly 9% Thursday after its Q3 forecast missed on two fronts. The company guided Q3 earnings per share to $0.82, below the $0.84 estimate. Netflix also projected Q3 revenue of $12.86 billion, short of the $13 billion consensus. That combined miss overshadowed a mostly in-line second quarter for Netflix. Q2 revenue reached…
CEAT (NSE: CEATLTD) Shares Sink 9% as Q1 FY27 Profit Crashes 96% Amid West Asia Crisis
CEAT shares sank as much as 9.3% Friday after a dismal Q1 FY27 profit report. The tyre maker’s net profit crashed 96% to just ₹4 crore. That compares with ₹112 crore reported in the same quarter last year. Revenue still grew 22.36% year-on-year to ₹4,318 crore during the quarter. CEAT shares touched an intraday low…
Wise (LSE: WISE) Reaffirms Full-Year Outlook After Q1 Revenue Jumps 25% to $714 Million
Wise reported strong first-quarter results for fiscal year 2027 on July 16, 2026. Net revenue rose 25% year-over-year to $714.0 million for the quarter ended June 30. Transaction revenue climbed 27% to $540.9 million, driven by rising cross-border volumes. Wise reaffirmed its full-year guidance, targeting revenue growth in the middle of its 15-20% range. Active…
FTSE 100 Edges Higher 0.05% as U.S.-Iran Conflict Keeps Investors on Edge Despite Asian Selloff
On 17 July 2026, the FTSE 100 inched up 0.05%, holding steady even as several Asian markets moved lower amid rising tensions between the United States and Iran. Investors stayed cautious as concerns over global economic growth and energy supplies continued to build. Even with the uncertain backdrop, London’s benchmark index found support from defensive…