Lambda's $3 Billion Pre-IPO Round at $12 Billion Valuation Arrives 48 Hours Before Nvidia's $91B Test
Lambda AI cloud is raising $3B at $12B+ valuation — nearly 5× its Feb 2025 Series D — 48 hours before Nvidia reports Q2 FY2027 earnings. Key watch points inside.
Apple China Memory Report Sends SanDisk Down 9%, Micron Down 7% — Analysts Say the Gap Remains Wide
Reports the Trump admin may let Apple source Chinese memory for China-market devices sent SanDisk down ~9% and Micron down 7% on August 24.
AI Slows Wage Growth, Not Jobs: Apollo Study Finds 6.7pp Real Pay Gap and USD 28B Annual Shortfall
Apollo July 2026: AI-exposed jobs trailed peers 6.7pp in real wage growth since 2023, no significant employment decline. 5.8M workers missed ~USD 28B annually.
Uber Hit With $963 Million GDPR Fine Over Automated Driver Suspensions — Europe's Second-Largest Data Penalty
Dutch regulators fined Uber €825M ($963M) for automating driver suspensions without human review — Europe's 2nd-largest GDPR penalty ever. Uber will appeal.
Analog Devices Posts Record $4.02B Revenue on Data Center Boom; Q4 Outlook Above Consensus
ADI Q3 FY2026: $4.02B revenue (+40% YoY), adj EPS $3.45 beats by $0.11. Data center optical/power >100% YoY. Q4 guide $4.3B.
Home Depot Received a $730 Million Tariff Refund; Without Q2's $685M Credit, Gross Margin Fell
Home Depot's Q2 gross margin was 33.7% — but $685M of a $730M tariff refund credited to COGS. Strip it out and margin falls to 32.2%, below the prior-year 33.4%.
United Launch Alliance Triples Bond Sale to $1.5B After Vulcan Grounding Squeezes LMT-BA JV Cash
United Launch Alliance tripled its bond sale to $1.5B as Vulcan stays grounded. SpaceX wins DoD launches. Key implications for LMT and BA investors.
Alphabet (GOOGL): $514B Cloud Backlog Now Converting Slower
Alphabet's latest quarterly filing contains a sentence its earnings press release does not: the company expects to recognize just over 50% of its total remaining performance obligations as revenue within the next two years, down from approximately 55% a year earlier as the backlog grew nearly fivefold.
Google Pixel 11 Launches at $899 With Tensor G6 and Gemini AI: What GOOGL Investors Need to Know
Google launched Pixel 11 at $899 (+$100 vs 2025) with Tensor G6 and agentic Gemini AI. GOOGL slipped 0.57% on launch day. What the numbers mean for investors.
Walmart Ends Federal Opioid Fight After More Than Five Years — DOJ Terms Undisclosed, Stock Edges Higher
Walmart and the DOJ settled the federal opioid lawsuit on Aug. 28, 2026. Terms undisclosed. WMT +0.4%. What the resolution means for investors.
Moderna (MRNA) Plans Up to $2.3B Zero-Interest Offering After 9.2% Loan
Moderna (NASDAQ: MRNA) intends to pay no interest at all on the $2 billion it is raising this week. About ten months ago the same company signed a credit facility that as of June 30 carried a floating rate of roughly 9.2%, pledging nearly everything it owned as security.
Apple Shuts Vision Pro Gaming Team, Cuts 200+ Jobs Eight Days Before John Ternus Becomes CEO
Apple laid off 200+ employees before the Sept. 1 CEO handoff to John Ternus, shutting Vision Pro's gaming team and restructuring Siri in a pivot to AI smart glasses.