Groq Raises $350M at $3.5B Valuation as Nvidia Backs Former Rival Turned Neocloud
Groq raised $350M at $3.5B—down 49% from peak—after Nvidia's $20B IP deal. Now pivoting to neocloud, Groq has raised ~$1B in 2026 and targets 200+ MW capacity by end-2027.
Cisco Q4 FY2026: Record $17.3B Revenue, Shares Slide 7% on Gross Margin Compression
Cisco Q4 FY2026 revenue hit a record $17.3B, beating estimates, but shares fell ~7% on gross margin compression. FY2027 AI infrastructure revenue target: $7.5B.
Super Micro Computer (SMCI) Q4 FY2026: Margin Soars to 17.6%, FY2027 Guidance of $65B–$72B Tops All Forecasts
Super Micro's Q4 FY2026 non-GAAP gross margin soared to 17.6% vs 8.4% guidance, while FY2027 revenue guidance of $65B–$72B dwarfs the $54.4B Bloomberg consensus.
NVIDIA Recruits Six Wall Street Giants for $500 Billion AI Compute Financing Push
NVIDIA signed MOUs with six Wall Street giants to mobilize over $500B for AI infrastructure, treating GPU compute as investable collateral — subject to final agreements.
Iger and Kushner Agree to Buy LA Lakers at Record $12.5 Billion as NBA Franchise Values Hit New Heights
Bob Iger and Joshua Kushner have agreed to acquire Mark Walter's LA Lakers stake at a record $12.5B valuation—25% above the prior $10B transaction 14 months ago.
Meta Forced to Unwind $2 Billion Manus AI Deal as China's NDRC Orders Reversal
China forced Meta to unwind its $2B Manus AI acquisition. Manus returns as independent company August 2026. What Beijing's intervention means for META stock and AI M&A risk.
Kalshi Puts Paramount's Warner Bros. Deal at 74%. WBD's Stock Prices the Other 26% at About $15.59
Prediction-market traders put a 22% chance on Paramount Skydance's Warner Bros. Discovery takeover failing, with WBD's market price implying a $15.59 break.
Walmart (WMT) Q2 FY2027 Earnings Preview: Three Watch Points for the August 20 Report
Walmart Q2 FY2027 earnings on Aug 20. EPS $0.74 (+8.8% YoY), rev $186.9B. Watch: tariff refund reinvestment, H2 guidance update, and consumer health by income cohort.
Union Pacific (UNP) Fuel Surcharge Exceeds Diesel by $91M
Union Pacific (NYSE: UNP) collected about $91.1 million more in fuel surcharges than it spent on diesel last quarter. Across the first half of the year, it was the only large U.S. railroad to show a net surplus on that same measure, according to Surface Transportation Board filings.
Meta (META): 756,000 Australian Teen Removals, Rate Slowing
Meta Platforms (NASDAQ: META) said Thursday it has deactivated 756,000 Australian accounts through June 2026 it believes belonged to children under the country's minimum age for social media.
Trian Circles Wendy's Again: What a Take-Private Bid Means for WEN Shareholders
Trian Fund (16% stake) prepares a take-private bid for Wendy's with BlueFive Capital and Flynn Group. The $4.1B debt load and 7.33x leverage make the LBO math complex.
Goldman Sachs Agrees to Acquire ETF Provider NEOS Investments for Up to $2.25 Billion
Goldman Sachs agreed to acquire NEOS Investments for up to $2.25B, adding $30B in options-income ETFs and targeting 8th-largest active ETF manager status.