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AI cloud provider CoreWeave ended June 2026 with a contracted backlog of $104.2 billion, up 246% year over year. The Motley Fool analyst Daniel Sparks predicts the backlog will surpass $150 billion before 2028. CoreWeave's stock traded at about $100 as of writing, roughly 35% below its 52-week high of $153.20.
Dan Ives, a partner at Yorkville Ives, told CNBC that local protests and a scrapped $100 billion project in Virginia highlight political backlash as the 'biggest threat' to the AI revolution.
Arista Networks (ANET), a networking equipment maker, trades near $195. Its options market prices a 68% probability range for the coming twelve months: a floor near $112.90 and a ceiling of $336.68. Implied volatility of 53.9% is slightly below the 54.9% realized over the past year. Management has raised its 2026 revenue guidance three times, most recently to $12.6 billion, with AI fabrics targeted at least $3.5 billion and campus at least $1.25 billion.
Optical Cable Corporation (OCC) reported net sales of $24.3 million for the fiscal third quarter ended July 31, 2026, a 22% increase from $19.9 million a year earlier. Net income rose to $1.9 million from $302,000. The company attributed the growth to strong demand in enterprise, data center and specialty markets.
China's securities regulator on Sept 11 released revised measures for futures company supervision, dividing business into basic (domestic futures brokerage, futures trading advisory) and trading (futures market-making, asset management, derivatives trading). It strengthens shareholders' and actual controllers' disclosure and reporting obligations to boost equity transparency. The rules also enhance corporate governance, internal controls, oversight of subsidiaries and branches, and compliance and risk management requirements.
Echodyne CEO Eben Frankenberg said at the MSPO defense show in Poland that the company is considering establishing a manufacturing presence in Europe to meet booming demand for miniaturized radars in the counter-drone market. Norway's Kongsberg has selected Echodyne's MESA radar for its remote weapon stations. In July 2026, Echodyne opened a $40 million facility in Washington state with an annual capacity of over 30,000 radar systems, which could serve as a blueprint for European expansion.
On September 11, eight asset managers—including China Southern Asset Management, Yinhua Fund, China Universal, E Fund, Ping An Fund, Bosera, GF Fund, and ICBC Credit Suisse—collectively filed for the CSI Shanghai-Hong Kong-Shenzhen Smart Driving Thematic ETF. The underlying index spans the three exchanges and covers multiple smart driving sectors, allowing investors to gain integrated exposure to China's smart driving industry through a single product. The move follows CSRC Chairman Wu Qing's August remarks in Hong Kong supporting closer cross-border index cooperation and more China-asset-based ETF products.
A key representative of the IG Metall union said the union is demanding Volkswagen clearly commit to a landmark 2024 wage agreement, fearing a recent restructuring deal could undermine it. IG Metall members have decided to invoke a legal clause in the December 2024 agreement. The move escalates a battle over Volkswagen's future, as management clashes with labor and state shareholders over plans to double job cuts to around 100,000 and sharply reduce production.
Walt Disney CFO Hugh Johnston said at a Goldman Sachs conference that Disney+ has swung from losing 'a couple of billion' dollars annually a few years ago to a 13% margin in the latest quarter, with double-digit margins expected for the full year. The company plans to evolve Disney+ into a 'one Disney' ecosystem integrating Hulu, consumer products, parks, cruises and gaming to boost engagement and reduce churn.
Signet Jewelers, the world's largest diamond jewelry retailer, saw its shares jump 24% on Wednesday after it raised its full-year profit forecast following better-than-expected quarterly results. For the fiscal second quarter ended Aug. 1, adjusted earnings per share surged 36% to $2.19, beating Wall Street's estimate of $1.74. Same-store sales rose 2.2% year over year, while total revenue edged down less than 1% to $1.5 billion. The company now expects full-year adjusted EPS of $10.45 to $12.15, up from its prior guidance of $9.20 to $11.
Comcast shares closed nearly 7% lower on Wednesday after CFO Jason Armstrong told the Goldman Sachs Communacopia + Technology conference that the company's broadband internet business will continue to lose subscribers this year, albeit at a narrowing pace, and that its Universal Studios theme parks are experiencing softness. Comcast plans to spin off NBCUniversal by mid-2027.
Defense drone and counter-drone systems maker AeroVironment (NASDAQ: AVAV) reported fiscal 2027 first-quarter (ended Aug. 1) results: record revenue of $480.5 million, up 6% year over year and above the $456.1 million consensus estimate; adjusted diluted EPS of $0.59, up 84% and well above the $0.25 forecast. The company maintained its full-year revenue guidance of $2.125 billion to $2.225 billion (midpoint growth of 10%) but expects adjusted diluted EPS of $3.16, down 4% at the midpoint, citing higher depreciation from planned facility expansion. As of September, 85% of analysts rate the stock a buy or strong buy, with none recommending sell.
Kroger and Albertsons have made key C-suite hires to strengthen their technology capabilities. Albertsons named former eBay and HP CEO Meg Whitman as executive chair of its board and strategic advisor to help streamline operations around AI. Kroger hired former Walmart technology leader Mark Ibbotson as EVP and chief store operations officer, overseeing store operations and digital transformation.
Three new ETFs targeting the space economy have recently hit the market: VanEck and WisdomTree launched their funds in May and July respectively in the US, while London-based venture capital firm Seraphim Space debuted its New Space UCITS ETF in partnership with HANetf. Seraphim CEO Mark Boggett said the opportunity is not simply investing in space, but in the infrastructure layer that powers connectivity, intelligence, and economic activity. Performance among the largest US space ETFs is mixed: the Tema Space Innovators ETF (NASA) is down about 2% year-to-date, the Ark Space & Defense Innovation ETF (ARKX) is up just over 9%, and the Procure Space ETF (UFO) is up 10.5%.
Archer Aviation, an electric vertical take-off and landing (eVTOL) aircraft company, acquired Boeing's Wisk Aero, SkyGrid, and Insitu in an all-stock deal on August 10. Wisk will enhance Archer's autonomous flight capabilities, SkyGrid provides an air traffic management solution for future automated airspace, and Insitu brings a profitable unmanned aircraft systems business generating roughly $200 million in annual revenue. Meanwhile, rival Joby Aviation announced on August 11 that it would acquire Resonant Sciences, a defense technology company. Both companies are advancing through the FAA's Type Certification process and conducting test flights under the eVTOL Integration Pilot Program (eIPP) across multiple U.S. states.
Chatham Lodging Trust (CLDT) reported Q2 results on August 4, with revenue per available room (RevPAR) surpassing $158, an all-time high for a second quarter, and adjusted funds from operations per share jumping 22% year over year. However, full-year guidance still calls for a net loss to common shareholders of between $1.6 million and $4.7 million, with diluted EPS between a loss of $0.03 and $0.10.
VTEX (NYSE: VTEX) reported Q2 results on August 6: non-GAAP operating income jumped 62.4% YoY to $13.8 million, operating margin reached 21.4%, and free cash flow rose 79.1% to $12.7 million. However, on an FX-neutral basis, subscription revenue—which accounts for 99.1% of total revenue—grew only 1.3%, down sharply from 11.2% a year ago. Management guided for roughly flat FX-neutral subscription revenue growth in Q3 and low-single-digit growth for full-year 2026.
Terrestrial Energy (NASDAQ: IMSR) reported Q2 results on August 11, still pre-revenue with a net loss of $9.4 million, improving from $10.5 million in Q1. The company raised its estimated cumulative lifetime revenue per IMSR plant to $2.7 billion (from $2.1 billion), with a blended gross margin of 33%, and lifted its 2050 serviceable addressable market estimate to $2.3 trillion. On the regulatory front, the U.S. Nuclear Regulatory Commission approved its Postulated Initiating Events methodology Topical Report. The company also signed a ground lease for 77 acres at the Texas A&M-RELLIS site and an MOU with Riot Platforms to explore co-locating IMSR plants with data centers.
Apartment REIT NexPoint Residential Trust (NYSE: NXRT) reported a second-quarter 2026 net loss attributable to common stockholders of $8.6 million ($0.34 per diluted share), widening from $7.0 million ($0.28 per diluted share) a year earlier. The company attributed the larger loss to a $2.1 million increase in property operating expenses and a $0.7 million rise in interest expense, outpacing a $1.5 million gain in total revenue. Same-store occupancy rose 30 basis points to 93.5%, but same-store net operating income fell 2.9%.
The small offshore driller reported net income of $12.6 million for the second quarter of 2026 on August 5, reversing a $22.5 million loss in Q1. Free cash flow rose 50% sequentially to $31.4 million. Short interest remains elevated at 17.9% of the float, reflecting persistent bearish sentiment.
Tectonic Therapeutic (NASDAQ: TECX) reported Q2 results on August 6, highlighting that both lead programs met scheduled milestones. The APEX Phase 2 trial of TX45 for pulmonary hypertension completed enrollment of 191 patients; an independent data monitoring committee reviewed ~80% of expected exposure and recommended no changes, with topline results expected in early Q1 2027. The Phase 1a trial of TX2100 for hereditary hemorrhagic telangiectasia finished dosing all six single-dose cohorts in healthy volunteers, with topline results due by end of Q3 2026. The company held $227.1 million in cash at quarter end, projected to fund operations into Q1 2029. Net loss widened to $22.3 million from $20 million a year earlier.
Michael Reisner, CEO of Cion Investments, pushed back against the narrative that redemption bottlenecks in interval funds signal a reckoning. He argued that the 5% quarterly redemption cap is a disclosed structural feature, not a gate slammed shut in a panic. Reisner noted that a genuine crisis would show up as a drop in new commitments, yet institutional investors committed at least $16 billion to North American direct lending funds last quarter, the second-strongest quarter in four years.
BMO Capital Markets initiated coverage of Lululemon Athletica Inc. with an underperform rating, saying the athletic apparel company's turnaround won't be quick or easy as it loses market share to rivals like Alo and Vuori. Analyst Kelly Crago set a $70 price target, implying about 28% downside from Thursday's close, and forecast 2027 EPS of $6.35, well below the consensus $9.67.
CVC Capital Partners has entered final negotiations to acquire the China operations of contact lens maker Ginko International from EQT, sources told Reuters. The business could be valued at $700-800 million including debt, below EQT's earlier target of at least $1 billion. Terms are not final and the deal may still fall through.
Despite the economic recovery, the number of corporate insolvencies in Germany rose to its highest level in 13 years in the first half of 2026.
Northeast Securities disclosed that during routine supervision it could not reach Qianye Jewelry's actual controllers Lin Mingjie and Gao Xiaosong via WeChat, phone, email or on-site visits for unknown reasons. On September 11, the China Gems & Jewelry Trade Association said it was monitoring the situation and also could not contact Lin. Some franchised stores in Beijing and Hebei reported normal operations with no closure plans.
Data from the Dewu app shows pre-sale orders for the iPhone Duo completed at 39,999 yuan, a 150% premium over the official starting price of 15,999 yuan; some merchants list the device at 59,999 yuan.
According to Dewu app data, pre-sale orders for the iPhone Duo have been fulfilled at a transaction price of 39,999 yuan, 24,000 yuan above the official starting price of 15,999 yuan, an increase of approximately 150%.
Accenture (ACN) trades 53% below its two-year high, yet generated $12.58 billion in free cash flow over the past twelve months, yielding 11.5% on market value versus a 4.4% median for the S&P 500. Full-year fiscal 2026 revenue growth guidance was cut to 3%-4% in local currency from a prior 4%, with consulting revenue up just 1% in fiscal Q3 due to a $100 million shortfall tied to the Middle East conflict, while managed services grew 5% and became the larger segment. Management flagged the Middle East drag would persist into fiscal Q4.
Shares of South Africa-based chemical company Sasol (NYSE: SSL) closed nearly 10% higher on Wednesday after Bank of America Securities analyst Sashank Lanka upgraded the stock from neutral to buy. Lanka raised his price target on the company's South Africa-listed shares to 270 rand ($18.86) from 200 rand ($12.49). He cited oil segment opportunities that could more than double Sasol's free cash flow to 33 billion rand ($2.1 billion) in the current fiscal year, potentially allowing the company to reinstate its dividend. Sasol suspended its dividend in late August due to net debt exceeding its threshold.
The business development company reported Q2 net investment income of $0.41 per share, above the $0.36 regular distribution, and declared a Q3 distribution of $0.38 per share (including a $0.02 supplemental). However, net asset value fell to $17.19 from $17.50, the second straight quarterly decline, and the number of portfolio companies on non-accrual status nearly tripled to nine, representing 1.5% of investments at fair value, up from 0.6% three months earlier. The company also redeemed its CLO-III facility in full and issued $100 million of 2030 notes to restructure its debt.
Ermenegildo Zegna Group, the Italian luxury fashion house behind Zegna, Thom Browne and Tom Ford, closed 14 stores in the first half of fiscal 2026, bringing its global store count to 657. CEO Gianluca Tagliabue said on the earnings call that the closures are part of a broader network optimization, not just lease expirations, and that more store closures are expected.
Kimball Electronics (NASDAQ: KE) reported fiscal fourth-quarter net sales of $371.6 million, up 5% sequentially, with growth across all end markets. For fiscal 2027, the company guided net sales of $1.535 billion to $1.56 billion, a 7% to 9% increase over fiscal 2026, including roughly $60 million from the newly acquired Helvoet Polymer Technologies. Medical devices are expected to account for over a third of total sales. Total debt fell to $116.6 million, the lowest in over four years.
Bit Digital (NASDAQ: BTBT) disclosed in its Q2 earnings report on August 13 that it borrowed $50 million against a portion of its Ethereum holdings, using the proceeds to provide a credit facility of up to $150 million for its AI infrastructure subsidiary WhiteFiber to fund a new data center. The structure avoided selling ETH or issuing new equity. Q2 revenue reached $32.1 million, up 15% quarter-over-quarter, while net loss narrowed to $107.2 million from $146.7 million.
Sportsman's Warehouse Holdings reported Q2 results for the period ending September 1: net sales inched up 0.6% to $295.6 million, but the bigger story was on the balance sheet. Total inventory fell 10% year over year to $399 million, net debt dropped $26 million to $169 million, and the company extended its term loan and revolving credit facility maturities to June 2031. Net loss narrowed to $4.4 million from $7.1 million a year earlier, while adjusted EBITDA rose to $8.7 million from $8.3 million. Same-store sales were flat. Hunting and shooting sports sales rose 6.7%, but fishing sales fell about 2%, with Western stores hit by drought. The company confirmed it will close one store on January 31, 2027, with two more closures under negotiation.
Mullenweg said CFO Mark Davies conspired with board members Ann Dunwoody, Toni Schneider, and Sue Decker to vote for the leave, with Davies appointed interim CEO. Mullenweg said he received the resolution only 50 minutes before the meeting and was denied time for independent legal review.
Mark E. Foster, EVP, GC & Secretary of American Healthcare REIT (NYSE: AHR), sold 2,000 common shares on Sept. 1, 2026, at a weighted average price of $55.39, for a total of about $111,000. The sale was conducted under a Rule 10b5-1 trading plan adopted on Dec. 19, 2025, and was exempt from a lock-up agreement tied to the company's August 2026 stock offering. Foster retains 51,617 shares directly, valued at approximately $2.9 million based on the Sept. 1 closing price.
ADTRAN Holdings (NASDAQ: ADTN) reported Q2 revenue of $281.1 million for the period ended June 30, up 6.1% year over year but below its own guidance. Optical Networking Solutions generated $109.7 million, up 22% YoY and 13% sequentially, with hyperscaler revenue nearly doubling. However, Access and Aggregation Solutions revenue fell 5% YoY due to a project delay at a single large customer and tight component supply. The company guided Q3 revenue between $275 million and $295 million.
Nvidia announced Thursday it is working with Australian cloud and data centre providers including Firmus, CDC, NEXTDC, and AirTrunk to more than double the nation's current 1.6 GW computing capacity.
Chipmaker Qualcomm has struck a deal worth approximately $4 billion to make custom chips for Amazon, according to a post on social media by evanderburg. No details on chip type or delivery timeline were provided.
Sources say Microsoft's data center capacity will surpass 38 gigawatts in 2032, versus New York State's projected summer peak demand of 33 gigawatts, up from roughly 12 gigawatts currently. Only about 2 gigawatts are currently allocated to AI-specific chips. Sources cautioned plans may change due to shifts in customer preferences and new technologies. A Microsoft spokesperson said the figures were inaccurate without providing alternatives.
Contemporary Amperex Technology Co., Ltd. (CATL) announced on Sept 11 that it conducted its first A-share buyback, repurchasing 604,300 shares (0.0131% of total equity) for about 200 million yuan (excluding fees), at prices between 330.15 and 331.61 yuan per share. The company previously approved a plan to use no less than 20 billion yuan and no more than 40 billion yuan of its own or raised funds for buybacks within 12 months, with the shares to be cancelled to reduce registered capital.
YouYan Silicon (688432) announced it plans to acquire a combined 71.89% stake in Shandong Youyan Aisi Semiconductor Materials Co., Ltd. via share issuance and cash, and a 14.98% stake in Shandong Youyan Semiconductor Materials Co., Ltd. via share issuance, along with a supporting fundraising. The board approved the transaction proposal on September 11, 2026. As audit and valuation are incomplete, the company will not convene a shareholders' meeting for now, and its shares will resume trading on September 14.
UBS has completed a $7.9 billion buyback of old Credit Suisse debt, its largest reduction of inherited liabilities since the 2023 acquisition. The bank's legacy debt has fallen to about $29 billion from roughly $90 billion at the time of the deal. UBS said the move is part of active management of its funding and total loss-absorbing capacity, and raised the buyback cap twice to $5.9 billion.
Sanofi, the French drugmaker, is evaluating the possibility of building a production site in the U.S., joining other European companies that are looking across the pond when planning new investments.
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