Jul 09, 2026
Rackspace Technology Stock Tanks After Cutting 2026 Outlook

Rackspace Technology Inc. (NASDAQ:RXT) stock plunged more than 29% on Thursday after the cloud services provider slashed its full-year revenue outlook, overshadowing new artificial intelligence initiatives and a partnership with Palantir Technologies Inc. (NASDAQ:PLTR). Rackspace Cuts Revenue Outlook Rackspace lowered…

Jul 09, 2026
Tarsus Buys iRenix in Deal Worth Up to $565 Million, Adds Late-Stage Eye Drug

Tarsus Pharmaceuticals Inc. (NASDAQ:TARS) on Wednesday acquired privately held iRenix Medical Inc., adding late-stage investigational ocular antiseptic IRX-101 to its ophthalmology pipeline. • Tarsus Pharmaceuticals shares are sliding. Why is TARS stock dropping? The transaction includes approximately $75 million in upfront…

Jul 09, 2026
A Congress Member Sold Up To $30K In Full House Resorts Stock: Here’s What You Need To Know (UPDATED)

div]:bg-bg-000/50 [&_pre>div]:border-0.5 [&_pre>div]:border-border-400 [&_.ignore-pre-bg>div]:bg-transparent [&_.standard-markdown_:is(p,blockquote,h1,h2,h3,h4,h5,h6)]:pl-2 [&_.standard-markdown_:is(p,blockquote,ul,ol,h1,h2,h3,h4,h5,h6)]:pr-8 [&_.progressive-markdown_:is(p,blockquote,h1,h2,h3,h4,h5,h6)]:pl-2 [&_.progressive-markdown_:is(p,blockquote,ul,ol,h1,h2,h3,h4,h5,h6)]:pr-8"> _*]:min-w-0 gap-3 standard-markdown"> Editor’s Note: This story has been updated to include a statement from a spokesperson for Rep. Susie Lee. Records from July 8, 2026 indicate that Representative Susie Lee of…

Jul 09, 2026
nLIGHT Stock Skyrockets on Laser Weapon System Contract Win

nLIGHT Inc (NASDAQ:LASR) shares are trading higher Thursday after the company announced it has been selected for a Joint Laser Weapon System OTA agreement supporting the U.S. Department of War’s next-generation cruise missile defense architecture. Here’s what you should know.…

Jul 09, 2026
POET Technologies Shares Climb as Chart Defends 200-Day Moving Average

POET Technologies Inc (NASDAQ:POET) shares are trading higher Thursday afternoon as risk-on appetite lifts high-beta tech names and traders lean into a momentum rebound attempt. The move comes as the Nasdaq-100 gains 1.4%, with POET benefiting from a broader tech…