Disney's ABC Sues FCC Over 'Retaliatory Campaign' Against 8 Broadcast Licenses in First Amendment Case
Disney's ABC sued the FCC on Aug. 18 to halt early license renewal for eight stations, calling the order a 'retaliatory campaign' targeting content critical of Trump.
Silver Lake Eyes WDAY Buyout, but Founders Control 69% of the Vote
Workday (NASDAQ: WDAY), the Pleasanton, California maker of cloud human-resources and finance software, closed up almost 18% on Thursday after Reuters reported
NextEra Energy Files Dominion H1 2026 Financials With SEC as $66.8B Merger Heads to September 3 Vote
NextEra Energy filed Dominion H1 2026 financials in an 8-K before Sept. 3 votes on the $66.8B deal. Dominion Q2: $4.48B revenue, $0.79 EPS, 6th straight beat; ~10% arb spread.
AI Hollows Out Tech Jobs: U.S. Information Sector Layoff Rate Hits 20-Year High as Oracle Leads the Wave
BLS JOLTS June 2026: Info-sector layoff rate hit 2.3%, highest sustained in 20 years. Oracle cut 21,000 citing AI; Microsoft cut 4,800 company-wide (~3,200 in Xbox).
Sony and TSMC Plan USD 6.4 Billion Image Sensor Joint Venture in Japan, Targeting Physical AI by 2029
Sony Group and TSMC plan a USD 6.3–6.4B joint venture in Kumamoto, Japan, targeting next-gen image sensors for autonomous vehicles and robotics by 2029.
CVS Health Q2 2026: $106.1B Revenue Beat, Aetna Insurance MBR Drops to 87.4% as Turnaround Accelerates
CVS Health Q2 2026 adjusted EPS $2.58 beats $1.85 estimate; Aetna MBR improves to 87.4% from 89.9%; full-year guidance raised to $7.90-$8.10.
Uber Q2 2026 Earnings: Record $58B Bookings, But Q3 Guidance Miss Sends Stock -6%
Uber Q2 2026: gross bookings beat at USD 58B (+24%), EBITDA USD 2.82B (+33%), but Q3 guidance midpoint missed, sending shares -6%. CEO pledges USD 10B+ in robotaxi.
Walmart Closes $1.4B Vibe.co Deal, Building a Full-Funnel CTV Ad Empire
Walmart completed its USD 1.4B acquisition of Vibe.co on Aug. 4, integrating the self-serve CTV advertising platform into Walmart Connect as the retailer accelerates its retail media push against Amazon and Google.
Broadcom (AVGO) Loses EU Court Bid Over VMware Documents—What U.S. Investors Need to Know
EU General Court rejects Broadcom's emergency bid to block Commission access to U.S. attorney-client privileged documents, clearing the path for the VMware antitrust probe. AVGO investors face potential software revenue headwinds but analysts maintain Strong Buy with USD 527.88 target.
Visa Acquires AI Fraud Firm BioCatch for $2.4 Billion to Counter Global Scam Wave
Visa announces $2.4B all-cash acquisition of BioCatch, an AI behavioral biometrics leader protecting 1.8B devices across 350+ banks, as AI-powered fraud costs the global economy over $1 trillion annually.
Meta (META): $12.1B Floor, $17.1B Ceiling — Rivals Hold Key
Meta Platforms (NASDAQ: META) settled a child-safety case brought by state attorneys general on Wednesday, Aug. 26, and the headlines put the price near $17 billion.
Apollo Economist: 'China Shock 2.0 Is Here'—What the 41% Surge in Chinese Tech Exports Means for Investors
Apollo's Torsten Slok warns 'China Shock 2.0 is here': Chinese high-tech exports +41% YoY, semiconductors doubled. Which U.S. sectors face the biggest headwinds.