FTC and 22 States Sue Amazon (AMZN) Over Secret Ad Surcharge
The Federal Trade Commission says Amazon charged advertisers their own full bid about 80% of the time. That share is the end of a ramp, not a constant — the agency's own account puts it at 30% to 40% in 2021.
- 02
CME Group (CME) Q2 2026: Market Data +20% Offsets Clearing Fee Decline; $4.4B H1 Shareholder Returns
CME Group reported Q2 2026 revenue of $1.706 billion, up 0.8% year over year. Clearing and transaction fees — the company's primary revenue line — contracted 2.5% to $1.353 billion from $1.388 billion, but market data revenue surged 20.2%, offsetting the decline.
- 03
Nvidia's $3.5B MediaTek Deal Is a Bond, Not a Stake — NVDA and GOOGL Fund the Same Chip Designer
Nvidia bought $3.5B of MediaTek convertible bonds — 89.7% of the offering — while Alphabet co-invested. No shares, no board seat. A NVLink standards play, not consolidation.
- 04
Home Depot (HD) Q2 FY2026: $685M Tariff Refund Masks a 6% Profit Drop
Home Depot's headline numbers improved, but less than half of the revenue increase came from selling more home improvement goods. Consolidated net sales rose 5.7% to $47.86 billion, yet the GMS acquisition contributed $1.4 billion of the $2.58 billion increase, foreign exchange added $105 million, and a $685 million tariff refund flowed through cost of goods sold rather than demand.
- 05
SLB Agrees to Buy Kelvion for $3.4 Billion, Adding Data Center Cooling to Its Oilfield Toolkit
SLB agreed to acquire Kelvion for $3.4B from Apollo Funds, targeting $4.5-5B in combined data center revenue by 2028 as it pivots from oilfield headwinds.
- 06
Aon Agrees to Acquire USI Insurance for $17 Billion, Reshaping Middle-Market After NFP
Aon agreed to buy USI Insurance from KKR for $17B. Second middle-market bet after $13B NFP. Close Q4 2026. AON −1.8% premarket on 4.8× gross leverage; EPS accretion 2028.
- 07
ONEOK Buys Brazos Midstream Permian Assets for $4.4B, Backed by $9B Apollo Equity With No Share Dilution
ONEOK acquires Brazos Midstream Permian assets for $4.4B via a $9B Apollo equity deal — doubling Midland Basin processing to 2.3 Bcf/d, no share dilution.
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