IDC Data Shows 20% Drop in PC Shipments; HP Falls Harder Than Rivals
Preliminary IDC figures put HP shipments down 30.9% in Q3, worse than the industry’s 20.1% decline, reinforcing a cautious 2027 outlook.
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Tower stocks jump as SpaceX’s $8 billion spectrum deal points to a ground network
Crown Castle, American Tower and SBA rose after SpaceX agreed to buy 800 MHz spectrum for Starlink Mobile, a shift analysts say favors tower leases.
Ambarella Shares Rise on Report Qualcomm May Be Interested in a Takeover
Fresh takeover talk sent Ambarella higher as Qualcomm and NXP were named as possible buyers. Talks are said to be advanced, but nothing is confirmed.
CoBank Asks Court to Block Cable One’s $480 Million Mega Broadband Buyout
CoBank asked a New York court to stop Cable One from paying about $480 million for the rest of Mega Broadband, citing insolvency risk.
Tesla China September Sales Hit 2026 High as Exports Offset Weaker Local Demand
Tesla’s Shanghai plant sold 95,366 vehicles in September, a 2026 high. Exports rose 58% and offset a 9% drop in domestic China deliveries.
Delta Cuts 2026 Profit Forecast as Fuel Costs Outpace Fare Gains
Delta’s fuel bill is set to rise about $6 billion in 2026. The airline now guides adjusted earnings of $5.10–$5.60 a share, below July’s range.