IBM Stock Tanks as Anthropic's Claude AI Targets COBOL Empire
IBM shares dropped 10% after Anthropic's Claude AI unveiled powerful COBOL modernization tools, shaking up the old programming language market that IBM relies on heavily.
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The 2028 Intelligence Crisis: Why AI Success Could Be the Market’s Nightmare
A viral research report paints a scary AI future with high unemployment and crashing markets despite productivity gains. Software and payments stocks tank as investors react to the "what if AI success is bad?" scenario.
Nio Smashes Records: 1 Million Battery Swaps in Under a Week During Chinese New Year Rush
Nio smashed records by delivering 1 million battery swaps in under a week in China during the 2026 Lunar New Year travel rush, with daily highs topping 177,000 – proving battery swapping is booming for EVs.
AST SpaceMobile Wins $30M U.S. Defense Contract for Space-Based Tactical Comms
AST SpaceMobile secures a $30 million deal with the U.S. Space Development Agency to demo fast, direct satellite connections for military devices using its BlueBird satellites.
Surprise Drop in US Boxboard Prices Hits Major Packaging Stocks
JPMorgan warns that an unexpected $20/ton decline in US linerboard prices is bad news for Smurfit Westrock (SW), Packaging Corp. (PKG), and International Paper (IP), despite planned price hikes. Weak demand and imports are key factors.
Raymond James Downgrades Vertical Aerospace to Underperform – Funding Worries Grow
Raymond James downgrades Vertical Aerospace to Underperform due to cash runway concerns through mid-June and rising competition for talent from Archer's new Bristol hub.