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NASDAQ:HOG 5 May 2026

Harley-Davidson’s $6,000 Bike Gamble: New CEO Turns to Affordable Motorcycles as Profit Falls 81%

Harley-Davidson’s $6,000 Bike Gamble: New CEO Turns to Affordable Motorcycles as Profit Falls 81%

Harley-Davidson on Tuesday outlined a move toward cheaper bikes and a heavier reliance on dealerships—a pronounced shift as new CEO Artie Starrs steps in, responding to an 81% plunge in first-quarter profit. The Milwaukee brand, usually synonymous with heavyweight touring models and lofty price tags, is now steering back toward affordability. This shift comes at a critical time for Harley, which is working to boost sales volume while protecting margins. Big-ticket buyers remain cautious, squeezed by higher borrowing costs and household bills. Profits have also taken a hit from tariffs and incentives.
5 May 2026

Stock Market Today

  • IQM Quantum Computers (IQMX) debuts on Nasdaq after closing SPAC deal
    July 1, 2026, 6:54 AM EDT. IQM Quantum Computers (Nasdaq: IQMX) began trading on Nasdaq July 2, 2026, after wrapping up its merger with SPAC Real Asset Acquisition Corp (RAAQ). The company issued more than 14 million American Depositary Shares to RAAQ holders, each ADS corresponding to one share. IQM also brought in €127.7 million-about $140 million-through a PIPE at $10 per share. Total net proceeds from the deal were about €198.7 million ($233.5 million). The company could issue another 12.5 million shares through IQM Warrants if exercised at $11.50. IQM gets a major capital inflow as it pushes ahead in quantum computing.
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