Economy, business, innovation

April 2026

AI “Circle Jerk” Returns: Anthropic To Spend $100 Billion On AWS In Amazon Deal

AI “Circle Jerk” Returns: Anthropic To Spend $100 Billion On AWS In Amazon Deal Circular AI vendor financing is back and back in a big way… As we noted last fall, when we walked readers through the stunning math behind what we called the AI “circle jerk,” this latest iteration centers on Amazon and Anthropic, […]

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ActBlue Employees Invoked Fifth Amendment 146 Times During House Probe

ActBlue Employees Invoked Fifth Amendment 146 Times During House Probe Authored by Bryan Hyde via American Greatness, The House Administration, Oversight, and Judiciary Committees has released a joint interim staff report on its investigation into alleged donor fraud by ActBlue. According to Breitbart, the report released Monday says five current and former employees of the

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Northern Trust Jumps 5.4% Amid Sector-Wide Rally

NTRS Price $167.57 Change +5.4% Volume 464,046 Northern Trust Corporation surged 5.4% on Tuesday to $167.57 as a broad rally swept through asset management and financial services firms. The Chicago-based wealth and asset management giant benefited from sector-wide momentum that lifted several major peers, with KKR climbing 3.5%, State Street (STT) gaining 3.0%, and Ares

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Genuine Parts Falls Short of Q1 2026 Profit Forecast at $1.77 EPS

GPC|EPS $1.77 vs $1.78 est (-0.6%)|Rev $6.26B|Net Income $188.5M Guidance adjusted $7.50 – $8.00|Stock $115.27 Slight miss. Genuine Parts Company (NYSE: GPC) reported Q1 2026 adjusted earnings of $1.77 per share, falling short of the $1.78 consensus estimate by 0.6%. Revenue totaled $6.26B for the quarter, up 6.8% from $5.87B in Q1 2025, as the

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Trump Cryptically References US Intercepted Chinese ‘Gift’ To Iran

Trump Cryptically References US Intercepted Chinese ‘Gift’ To Iran President Trump made an interesting and somewhat cryptic China reference in a series of Tuesday morning Iran-related statements, given to CNBC. He stated that US forces recently intercepted a vessel carrying what he described as a “gift” from China to Iran as Tehran seeks to rebuild

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Northrop Grumman (NOC) Drops 5.6% to $620.10

NOC Price $620.10 Change -5.6% Volume 347,467 Northrop Grumman shares tumbled 5.6% on Tuesday, closing at $620.10, as investor attention shifted toward competitor Rocket Lab amid questions about the smaller firm’s expanding contract backlog and revenue trajectory. The decline came as trading volume reached 347,467 shares, with the aerospace and defense giant’s market capitalization standing

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Oil Spikes, Stocks Suddenly Dump During Warsh Hearing

Oil Spikes, Stocks Suddenly Dump During Warsh Hearing It’s unclear what exactly is driving but the markets are reverting back to old habits this morning with oil spiking… …dragging Treasury yields higher… Stocks are tanking… And so is gold… There were no obvious geopolitical headline catalysts for the move – though uncertainty remains high about

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Qualys Jumps 5.2% Amid Sector-Wide Rally

QLYS Price $86.29 Change +5.2% Volume 109,847 Qualys surges on sector strength. Shares of Qualys, Inc. (NASDAQ: QLYS) jumped 5.2% to $86.29 on Tuesday, April 21, 2026, riding a broad rally across sector peers that lifted cybersecurity and infrastructure software stocks across the board. Sector-wide momentum drives gains. The move wasn’t company-specific—four sector peers posted

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Patterson-UTI Energy Jumps 6.7%

PTEN Price $10.42 Change +6.7% Volume 2.8M Patterson-UTI Energy surged 6.7% on Tuesday to $10.42 after major Wall Street firms upgraded their price targets recently —  by an average of 23.5% —  signaling renewed confidence in the oil and gas driller’s prospects. The stock traded 2.8M shares as the coordinated analyst action sparked a rally

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