SpaceX bears are smelling blood in the water. As its stock languishes below its IPO price


“The recent price weakness has spurred short selling as well as the anticipation of lockups expiring soon,” he added, referring to the additional SpaceX shares that will soon be tradeable and will play a large role in how the stock performs.
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in reply to RG Richardson

The market is finally forcing a reality check on a business model built on narrative rather than fundamentals. Losing nearly $5 billion in a single year while trying to distract investors with speculative pivots like "orbital AI data centers" is a classic smoke-and-mirrors strategy. Short sellers aren't just betting against Musk; they are pricing in the reality that narrative-driven valuations eventually collapse under the weight of real balance sheets.

US pauses $1 billion in Medicaid payments


US pauses $1 billion in Medicaid payments to California, Minnesota
The Trump administration is pausing $1 billion in ​Medicaid payments to California and Minnesota over "suspected fraud and noncompliance," U.S. Health Secretary ‌Robert F. Kennedy Jr. said on Tuesday. Any excuse will do!!!!!!!!

Apple products costs rising


Apple's outgoing chief Tim Cook just sat for an interview with The Wall Street Journal, and he made a few grim announcements. Among them, Cook made it abundantly clear that Apple can no longer absorb the rising cost of components. news.rgrichardson.ca/2026/07/y…

A Chinese AI Model Just Shot to Number One


A Chinese AI Model Just Shot to Number One on the Charts, Sending Shockwaves Through the American Tech Industry

US tech execs are shaking in their boots.

news.rgrichardson.ca/2026/07/a…

The EU launches its new satellite plan and challenges Starlink


The EU launches its new satellite plan and challenges Starlink: “Reserve two-thirds of the bandwidth for domestic operators”

blog.ecomtechnology.com/2026/0…

Detained illegally?


sherbrookerecord.com/quebec-ma…

Adam is one of the best legal journalists!


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Worldwide Developers Conference - Apple


The first day of Apple’s annual Worldwide Developers Conference (WWDC) was light on artificial intelligence updates, heavy on people talking with their hands, and yielded the company’s biggest visual overhaul of its operating systems since 2013 with a new software makeover called Liquid Glass.

Apple Watch Accuracy


New research suggests that the Apple Watch accurately tracks heart rate (4.43% error) and step counts (8.17% error), but is less reliable for calories burned, with a 28% inaccuracy rate. Despite the limitations, the researchers emphasized the watch's value for tracking habits and staying motivated. "Think of it as a helpful guide, not a diagnostic tool,” the head of the study commented. Another noted how Apple is refining the technology over time to make it more accurate ...

Procter & Gamble is cutting 15%


Procter & Gamble is cutting 15% of its non-manufacturing workforce. The company that makes half the products at your local CVS or Walgreens announced it’s eliminating 7,000 roles as part of a restructuring. P&G said the cuts aren’t a cost-cutting measure, though earlier this year the company admitted it was considering cutting costs after it reported a decline in sales and lowered its annual outlook due to consumer uncertainty. As part of the restructuring, P&G reportedly plans to exit some product categories.

Edibles, smoking weed almost as bad for blood vessels as cigarettes


A new study has found that smoking marijuana and ingesting THC edibles over the long term can reduce blood vessel function at levels similar to those seen in cigarette smokers, posing a risk to heart health.

The growing legalization of cannabis use has led to an increase in studies investigating its effects. As more countries and states have legalized cannabis for medical or recreational use, researchers have had greater opportunities to study it in a more regulated, controlled, and accessible environment.