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SpaceX Loses Momentum: Stock Falls to $136.08 After $850 Billion Value Wipeout
SpaceX shares fell to $136.08 Tuesday, extending a brutal slide since its June IPO. The stock has now dropped roughly 39.7% from its June 16 peak of $225.64. That decline has erased close to $850 billion in market value. SpaceX debuted on Nasdaq June 12, 2026, pricing shares at $135 in the largest IPO ever. …
IBM Stock Crashes 25% on July 14 as Q2 Earnings Miss Signals Budget Shift
IBM stock crashes 25% to $217.07 after missing Q2 targets. Customers shifted capex to servers and memory amid AI demand. Dell and HPE gain as hardware demand stays strong.
IBM Share Slides 25.21% to $217.07: What Caused the Company’s Worst Stock Crash in Decades?
IBM shares crashed 25.21% to close at $217.07 on Tuesday, July 14, 2026. The drop marked the steepest single-day decline in the company’s history, surpassing its previous worst day during the October 1987 Black Monday crash, when shares fell 23.7%. IBM has traded on the New York Stock Exchange since 1916, making this an unprecedented…
Wisconsin Board Finds Musk Likely Broke Election Law With $1M Voter Checks
Wisconsin Elections Commission finds probable cause Elon Musk violated state bribery law by offering $1 million checks to voters in 2025 Supreme Court election. Case referred to prosecutors.
US-Based CEOs Dominate ASX Top 10 Earners; Hulls Tops List at $47.7M
US-based CEOs now occupy half the top 10 highest-paid positions on the ASX. Life360’s Chris Hulls earned $47.7M in FY2025, nearly 500 times the average Australian wage.
King Charles Meets Harry and Meghan After 4 Years; Prince William Stays Away
King Charles III hosted Prince Harry, Meghan Markle, Prince Archie, and Princess Lilibet at Highgrove House on July 10, 2026, their first meeting in four years. Prince William did not attend.
House GOP Ends Weeks-Long Floor Blockade After Conservative Rebellion
House Republicans end weeks-long floor blockade after Speaker Johnson agrees to attach SAVE America Act to appropriations bills. Procedural vote passes 215-211.
South China Sea Arbitration Ruling Marks 10 Years; 14 Nations Reaffirm Legal Binding
14 nations mark 10th anniversary of 2016 South China Sea arbitration ruling, reaffirming its binding legal status. China’s maritime claims ruled without legal foundation under UNCLOS.
German Driving License Reform 2027: Costs Drop, Rules Change July 15
Germany’s 2027 driving license reform cuts costs and simplifies training. Theory test shrinks by 33%, practical exam drops from 30 to 25 minutes, parents can supervise practice drives, and mandatory classroom instruction ends.