The first-ever domain name to be registered was symbolics.com in 1985.
It was registered on March 15, 1985 by Symbolics Inc., a computer company based in Massachusetts that specialized in developing Lisp machines. This marked the beginning of the commercial internet and the eventual explosion of domain registrations that followed.
Today, there are over 350 million domain names registered—showing just how far the internet has come since that single symbolic moment.
Market Wrap
Washington Moves, Markets Watch
Senate Passage of Tax & Spending “Megabill”:
The U.S. Senate voted 51–50 (tie‑break by VP Vance) to pass President Trump’s $4.5 trillion tax and spending package, advancing it to the House. The bill includes substantial tax cuts and Medicaid changes, but raises deficit concerns—pushing Treasury yields higher and adding uncertainty over future fiscal policy.
Targeted “Mini-Deals” Effort:
U.S. officials, led by Treasury Secretary Bessent, confirmed a strategy shift toward narrower trade agreements ahead of the deadline, aiming to secure select agreements in principle—particularly with key partners—to avert broader tariff increases while maintaining a baseline 10% across the board.
Japan Warning:
Trump expressed specific frustration with trade talks involving Japan, signaling the possibility of 30–35% retaliatory tariffs if no deal is finalized—highlighting escalated risk for the Japanese automotive and parts industry and adding volatility to related U.S. stocks.
Manufacturing Recovers in June:
Manufacturing showed a modest rebound in activity but remained below expansionary territory—indicating continued caution in the industrial sector.
Tesla Inc. shares dropped around 5.3% following a public spat between CEO Elon Musk and President Trump, as Musk criticized federal spending plans and Trump threatened to reconsider subsidies Musk’s firms receive.
UnitedHealth Group Inc. shares rose over 4% following upbeat earnings and commentary, as strong insurance enrollment trends and favorable cost controls boosted forward guidance.
Las Vegas Sands Corp. stock jumped around 9% as Macau gaming revenues posted a nearly 19% year‑over‑year increase in June—reinvigorating investor optimism in casino exposure.
IonQ Inc. shares fell despite Texas legislators passed the Texas Quantum Initiative—backed by IonQ—designating the state a quantum computing hub, signaling potential long-term contract opportunities.
Wolfspeed Inc. shares soared nearly 98% following its Chapter 11 filing and debt restructuring plan, which aims to strengthen the firm financially and clear the way for a refocused business strategy.
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