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Ford Fathom Electric Truck Starts at $29,945, Targets Mass Market
Ford’s new Fathom electric pickup starts at $29,945 USD (under $40,000 CAD after rebates). Deliveries begin fall 2027. Meyka grades F stock a B with a $15.51 yearly forecast.
SpaceX (NASDAQ: SPCX) Stock Drops 50% as Retail Investors Add $22.7 Million
SpaceX shares have fallen roughly 52% from their post-IPO peak of $225.64. Yet retail investors bought $22.7 million worth of SpaceX stock in Wednesday’s first trading hour alone. That marked the third-highest first-hour retail buying total since the company’s June 12, 2026 debut. The dip-buying came right after SpaceX’s first earnings report as a public…
Costco Canada Recalls Alfa Croissants Over Mould Risk on August 5
Costco Canada recalls Alfa Croissants 24-packs due to mould risk in lot codes 10726 and 08626. Affected products sold June-July 2026 at Costco Business Centres. Full refunds available.
Suncor Energy Inc. Reports C$3.7 Billion Profit on Strong Refining Performance
On August 4, 2026, Suncor Energy Inc. reported a quarterly profit of C$3.7 billion, beating market expectations even as oil production declined. The company’s refining business delivered record results and made up for maintenance-related disruptions at its oil sands operations. The quarter showed how strong refining margins can support earnings when upstream production slows. So,…
SpaceX’s Q2 Results Impress Wall Street, Shares Fall on AI Spending Concerns
SpaceX delivered its first earnings report as a public company on August 4, 2026, posting $7.81 billion in Q2 revenue against a $6.93 billion analyst consensus. Revenue jumped 92% year-over-year from $4.1 billion. Despite the beat, shares dropped about 8% in after-hours trading as investors focused on soaring AI infrastructure spending rather than the strong…
Polymarket Targets $20 Billion Valuation in New $1 Billion Funding Round
Polymarket is in early talks to raise about $1 billion at a valuation exceeding $20 billion, Bloomberg reported on August 4, 2026. The prediction market platform closed its previous round in April at a $15 billion valuation, backed partly by a $600 million investment from Intercontinental Exchange, parent of the New York Stock Exchange. The…
Taiwan Launches Major Raids in High-Tech Talent Recruitment Investigation
On August 5, 2026, Taiwan began one of its largest investigations into suspected illegal recruitment of high-tech professionals by Chinese companies. Authorities searched dozens of locations and questioned more than 100 people during a nationwide operation. The action comes as Taiwan steps up efforts to protect its semiconductor expertise, one of the country’s strongest economic…
Arashi Inc. Donates ¥50 Million to Kumamoto Earthquake Relief on August 4
Arashi Inc. donated ¥50 million to Kumamoto earthquake relief on August 4, 2026. The group’s corporate entity continues its pattern of large-scale disaster philanthropy following the July 28 earthquake.
Apple Restores Telegram to App Store After Guideline Breach; Developer Removed Violating Content and Banned User
Apple briefly removed Telegram from the App Store worldwide on Monday, August 3, 2026. The company said a routine review found content violating its guidelines against child sexual abuse material. Telegram acted quickly, removing the flagged content and banning the responsible user. Apple restored the messaging app within hours of the initial takedown. Apple’s Telegram…