EARNINGSSTORY 518· AUGUST 12, 2026

SpaceX parts supplier Applied Aerospace & Defense falls below $20 IPO price after surprise loss

A stock falling below its IPO price, meaning the fixed rate at which shares are first sold to the public, is the market's way of saying early buyers are now at a loss. That happened Wednesday to Applied Aerospace & Defense after the…

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Volkswagen faces index exit after Deutsche Bank profit warning

Volkswagen's financial troubles have escalated as the company prepares to leave a major blue-chip index following a new profit warning. A blue-chip index is a collection of large, well-established companies that often serve as a benchmark…

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Warner Music Turns AI Dispute Into Licensing Revenue Stream

The short version is that Warner Music Group has converted a copyright lawsuit into a paid licensing deal with Suno. In plain terms, a licensing agreement is a contract that allows one company to use another's creative work for a fee. This…

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Polestar cuts its 2026 delivery target after the US bars its newer vehicles from sale

A government rule about Chinese-controlled vehicle software just cost one automaker its entire US market, and the damage is now visible in its delivery forecast. A delivery forecast, in plain terms, is the target number a company tells…

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