latest news in companies
SpaceX Stock Falls Below Initial Offering Price as Market Skepticism Mounts
New York, Sunday, 19 July 2026.
Following its June debut, SpaceX shares fell below their $135 IPO price, handing short sellers $4 billion in paper profits and challenging Wall Street’s highly optimistic multi-trillion-dollar valuations.
Nationwide Flights Delayed as United Airlines Suffers Major Computer Outage
Chicago, Sunday, 19 July 2026.
A major computer outage on July 18, 2026, disabled United Airlines’ check-in kiosks and contact centers nationwide, triggering widespread flight delays and exposing vulnerabilities in legacy airline technology.
Billionaire Bill Ackman Advises Everyday Investors to Avoid Single Stocks
New York, Saturday, 18 July 2026.
Despite running a highly concentrated hedge fund, billionaire Bill Ackman recommends that retail investors choose diversified, low-cost index funds over single stocks for long-term wealth growth.