Markets
Trump weighs capital gains tax reduction ahead of midterms
Former U.S. President Donald Trump is exploring options to lower capital gains taxes, a move that could bolster investor sentiment ahead of the November midterm elections.
Suncorp underlying earnings rise 5% on premium growth
Australian insurer posts higher underwriting profits amid strong demand for home and car insurance, lifting shares.
Vogenx sets IPO price at $13 per share, targets $81.3M proceeds
Biotech firm Vogenx priced its IPO at $13 per share, with proceeds expected to total $81.3 million. The offering is scheduled to list on the Nasdaq under the ticker VGEN.
Nvidia reduces $250 billion OpenAI data center commitment: WSJ
Chipmaker scales back financial backing for OpenAI's data center expansion amid rising capital costs and strategic reassessment.
CoreWeave Q2 2026 revenue doubles, backlog jumps 246%
AI infrastructure provider posts sharp growth in quarterly revenue and project backlog, signaling strong demand for high-performance computing capacity.
Supermicro forecasts $72B revenue in FY27 after Q4 sales surge
Server maker Supermicro reports FY26 Q4 revenue more than doubled year-over-year, with management outlining a $72 billion target for FY27. Shares rise on outlook.
Vinci Compass Q2 2026: FRE up 36% on acquisitions, scale gains
Freight revenue equivalent surged after strategic buyouts and operational expansion, according to internal slides reviewed by Reuters.
NeuroPace sees 21% RNS growth, $55B+ market opportunity by 2026
Medical device maker NeuroPace projects a 21% compound annual growth rate for its responsive neurostimulation system through 2026, citing a $55 billion-plus addressable market.
Grupo Supervielle forecasts Q2 2026 profit, 20% net interest margin
Argentine lender sees return to profitability in mid-2026 as net interest margin climbs to 20%, according to presentation slides.
ESS Tech pivots to sodium-ion batteries as revenue collapses 97%
Second-quarter 2026 results show near-total revenue decline, prompting shift from zinc-based to sodium-ion technology amid cost pressures.
CI&T posts strong Q2 2026 revenue growth, invests in margins
Brazilian IT services firm CI&T reported strong revenue growth in Q2 2026, with a strategic focus on margin expansion amid ongoing investment cycle.
Velo3D Q2 2026 revenue rises 52%, raises guidance
3D printing firm Velo3D reports strong Q2 2026 revenue growth and upgrades full-year outlook after exceeding expectations.
NCM Q2 2026 revenue rises 13% on Captivate deal
National CineMedia reports a 13% year-over-year revenue increase in Q2 2026, driven by its acquisition of Captivate Network.
Blue Owl raises $750 million via senior notes at 6.75% yield
The asset manager priced a $750 million senior notes offering at a 6.75% yield, reflecting elevated borrowing costs amid tight credit conditions.
Trump to join White House meeting with crypto, AI CEOs
President Donald Trump is expected to attend a White House gathering next week with executives from crypto, AI and prediction markets, sources say.
Lumentum posts record Q4 FY26 margins as AI demand surges
Optical components supplier Lumentum reports gross margins exceeding 50% in Q4 FY26, citing AI-driven demand as the key driver behind its record profitability.
Anterix shares dip after Q1 earnings beat
Company posts higher revenue and profit, but stock falls on guidance concerns and broader market weakness.
ERock shares surge 14% on record backlog, Anthropic partnership
Cloud computing firm ERock reports highest-ever backlog and secures a deal with AI startup Anthropic, driving shares up 14%.
Boxlight secures $5.5M via preferred stock private placement
Funds to support growth initiatives and product development in education technology sector.
Worksport Q2 2026 revenue hits record, misses analyst estimates
Truck bed cover maker reports highest-ever quarterly revenue but falls short of Wall Street forecasts, sending shares lower.
NextNav’s 5G-based GPS backup gains regulatory traction ahead of Q2 2026
Filing slides indicate U.S. approvals for the company’s alternative positioning system, positioning it as a critical backup amid GPS vulnerabilities. Shares rose on the news.
NextNav Q2 2026 slides reveal $14.6B GPS backup contract bid
FCC momentum builds as NextNav’s Q2 2026 presentation highlights a $14.6 billion proposal to replace GPS backup systems, signaling potential market disruption in critical infrastructure.
Air Canada sells 25% stake in Aeroplan for $2.5 bln
Transaction values Aeroplan at $10 billion as airline monetizes loyalty program amid recovery. Proceeds to reduce debt and support liquidity.
Energy Vault Q2 2026 backlog doubles as AI partnerships grow
Company slides show accelerating AI-driven energy storage deals, doubling backlog to $1.2 billion. Shares rise on growth outlook.
CJ CheilJedang Q2 2026 sales rise 10%, profit drops 18%
South Korea’s food conglomerate posts strong revenue growth but net profit declines amid rising costs. Outlook remains cautious for the second half.