The consensus read on IBM’s 25% collapse is that enterprise AI passed the company by. That reading is wrong, and the segment data says so. IBM’s AI-adjacent lines actually grew in the second quarter: Software revenue rose 5% to $7.8 billion, Red Hat hybrid cloud grew 11%, and the Data segment grew 19%. What broke
The standard explanation for Chime’s share price is that the neobank model failed to scale profitably. The financials say the opposite. In the first quarter of 2026 Chime grew revenue 25% year over year to $647 million, delivered its first-ever quarter of GAAP profitability with $53 million of net income, expanded to 10.2 million Active
Joby Aviation is not falling because its aircraft does not work or because certification has stalled. The opposite is true: the Federal Aviation Administration confirmed in late March 2026 that Joby completed Stage 4 of type certification, leaving only Stage 5 — the Type Certificate itself — with issuance estimated for late 2026. The stock
The GENIUS Act gave US regulators one year to turn Congress’s federal stablecoin framework into an operational rulebook. That deadline passed on July 18, 2026, with no final implementing regulations in place. Section 13 of the GENIUS Act directed every primary federal payment stablecoin regulator, the Treasury Department and each state payment stablecoin regulator to
WTI crude oil can be expected to rise to the next resistance level 91.25 (which reversed the price twice in June).. WTI crude oil broke key resistance level 85.00 Likely to rise to resistance level 91.25 WTI crude oil recently broke the resistance zone set between the key resistance level 85.00 (former strong support from
Escalating Middle East conflicts drive oil supply shocks, fueling inflation worries, central bank policy divergence, and demand for safe-haven assets. Escalating Middle East Conflict & Energy Supply Shock Risks The global macroeconomic backdrop is currently being reshaped by a rapid escalation of geopolitical hostility in the Middle East, where an intensifying standoff between the United
A suspected exploit involving Wanchain’s Cardano bridge reportedly removed approximately 515 million NIGHT tokens from an address used to secure bridged assets, triggering heavy selling and a sharp decline in the Midnight ecosystem token. The tokens were withdrawn on July 21, 2026, from Wanchain’s Cardano-side bridge lock address, according to public onchain analysis. That address
Archer Aviation (NYSE: ACHR) closed at $5.31 on July 20, 2026, up 19.59% on the day, after unveiling Thunder — a Group 5 autonomous attack rotorcraft built with Anduril. The reflex read is that a pre-revenue air-taxi company just bought itself a defense re-rating. The arithmetic says something more awkward. At $5.31 across 759.60 million
Rigetti Computing (NASDAQ: RGTI) closed at $14.26 on July 20, 2026, down from the low-$20s earlier in the month and sitting just 13.8% above its 52-week low of $12.53. The headline most readers saw in May was that Rigetti turned a profit. It did not. The company reported GAAP net income of $33.1 million for
BigBear.ai (NYSE: BBAI) closed at $2.82 on July 20, 2026, having set a fresh 52-week low of $2.77 earlier in the month and shed roughly 63% of its value over the past year. The standard explanation is that the AI trade cooled and BBAI went with it. That is not what the filings show. BigBear.ai’s