Ukraine’s military intelligence service is warning that Russia is accelerating deployment of its planned Rassvet low-Earth-orbit satellite constellation, which could eventually provide Moscow with Starlink-like battlefield connectivity.
Donald Trump is facing a federal lawsuit from two media organizations seeking to stop his company from selling paying customers faster access to his Truth Social posts.
Suspected China-linked hackers used autonomous AI agents to target government systems in Taiwan in what researchers described as a first-of-its-kind cyberattack.
Semiconductor, Software & Technology
- NVIDIA Corporation (NASDAQ: NVDA ) released Nemotron 3.5 Lightning , a lightweight AI model that can run on a single GPU in a PC. Companies can download, use and modify the model for free without seeking NVIDIA’s permission or paying the company.
- AmpliTech Group Inc. (NASDAQ: AMPG ) reported a second-quarter loss of 12 cents per share, compared with the 2-cent-per-share loss expected by analysts . Sales came in at $8.07 million, slightly above the $8 million estimate.
- Lam Research Corp. (NASDAQ: LRCX ) said Thursday it plans to invest more than $3 billion over the next five years to expand its global research and development lab network as artificial intelligence drives demand for more advanced chips .
- Intel Corp (NASDAQ: INTC ) CEO Lip-Bu Tan is investing $12 million of his own capital in the chipmaker’s newly upsized $20 billion stock offering , a move that Futurum Group CEO Daniel Newman sees as a strong vote of confidence.
- Applied Materials, Inc. (NASDAQ: AMAT ) reported third-quarter revenue of $9.12 billion, above analyst estimates of $8.99 billion. Adjusted earnings of $3.50 per share also topped estimates of $3.40 .
- Goldman Sachs (NYSE: GS ) is reportedly in talks with potential investors to participate in Nvidia Corp.’s (NASDAQ: NVDA ) AI infrastructure financing initiative, as the chipmaker works with Wall Street’s biggest asset managers to mobilize more than $500 billion in third-party capital.
- Nvidia is reportedly accelerating development of its next-generation Feynman AI platform, pushing Taiwan Semiconductor Manufacturing Co. (NYSE: TSM ) to fast-track advanced chipmaking and packaging capacity ahead of its expected 2028 launch.
- Silver Lake ‘s talks to acquire Workday Inc. (NASDAQ: WDAY ) for up to $43 billion may be the clearest sign yet that private equity sees opportunity in software stocks battered by this year’s artificial intelligence-driven selloff, according to Constellation Research CEO Ray Wang .
- International Business Machines Corp. (NYSE: IBM ) said Thursday it has formed a strategic partnership with OpenAI t o help companies deploy artificial intelligence across core business operations while strengthening cybersecurity .
- Sandisk Corporation (NASDAQ: SNDK ) outlined its growth strategy and long-term financial model at its 2026 Investor Day. It expects revenue to grow at a mid-to-high-teens rate from fiscal 2028 through fiscal 2030, broadly in line with bit growth.
- Advanced Micro Devices, Inc (NASDAQ: AMD ) plans to raise as much as $5 billion through what could become its largest-ever U.S. dollar investment-grade bond sale, giving the chipmaker additional funding flexibility as it expands AI-related investments and manages upcoming debt maturities.
- Coherent Corp (NYSE:COHR) reported higher-than-expected results, with Data Center segment sales accelerating with laser supply from its 6-inch fab flowing through to volume transceiver shipments, according to Needham.
- IREN Limited (NASDAQ: IREN ) stock jumped Thursday after the company delivered its Horizon 1 AI Cloud deployment to Microsoft Corporation (NASDAQ: MSFT ). The milestone advances IREN’s $9.7 billion cloud services contract with Microsoft.
- Cisco Systems Inc (NASDAQ: CSCO ) reported better-than-expected fiscal fourth-quarter 2026 results and issuing guidance above Wall Street estimates. It raised prices on parts of its hardware lineup in fiscal 2026, and the increases added measurably to revenue growth, even as the company described the move as something it would rather avoid.
- Facebook and Instagram owner Meta Platforms Inc. (NASDAQ: META ) deactivated more than 756,000 Australian accounts suspected of belonging to users under 16, as the company works to comply with the country’s landmark social media ban.
- Oracle Corp. (NYSE: ORCL ) is reportedly planning another round of job cuts as it seeks to rein in costs amid its heavy spending on AI infrastructure and rising debt.
- Cerebras Systems Inc. (NASDAQ: CBRS ) posted its second-quarter results after Wednesday’s closing bell, missing analyst estimates on the top and bottom lines.
- Nebius Group N.V. (NASDAQ: NBIS ) reported an adjusted loss of 12 cents per share, beating the consensus estimate for a loss of 62 cents per share .
- Super Micro Computer Inc. (NASDAQ: SMCI ) is riding a record AI server backlog into fiscal 2027 , but rapid GPU platform transitions could create inventory risks if customer deployments or configurations change unexpectedly.
- During the earnings call, Lumentum (NASDAQ: LITE ) said demand for its optical circuit switching products remains "incredibly strong" for 2027. The company is expanding capacity with contract manufacturers and at its own factories to meet rising demand.
- Quantinuum Inc. (NASDAQ: QNT ) and Oracle Corp. (NYSE: ORCL ) announced a multi-year partnership that will bring the Helios quantum computer to Oracle Cloud Infrastructure (OCI), giving customers direct access to quantum hardware alongside Oracle’s GPU and high-performance computing infrastructure.
- Boxlight Corporation (NASDAQ: BOXL ) announced it closed a private placement for up to $7.5 million in newly created Series D Convertible Preferred Stock.
- CoreWeave Inc. (NASDAQ: CRWV ) remains confident it can rapidly expand its AI infrastructure despite a growing wave of data center moratoriums , grid concerns and community opposition across the U.S.
Smartphones, Broadline Retail & Others
- Apple Inc. (NASDAQ: AAPL ) has reportedly partnered with Alibaba Group Holding Ltd. (NYSE: BABA ) to create an AI model specifically designed for the Chinese market.
- Apple CEO Tim Cook was joined by U.S. Commerce Secretary Howard Lutnick and others at the opening of the new Advanced Manufacturing Center in Houston, Texas, where Cupertino will begin making Mac mini computers later this year.
- Apple , Samsung Electronics Co. Ltd. (OTC: SSNLF ) and other major smartphone makers face a tougher demand environment as rising component costs push handset prices higher in the U.S. and China, according to new research from Counterpoint Research .
- Alphabet Inc. ‘s (NASDAQ: GOOG ) (NASDAQ: GOOGL ) Google ‘s artificial intelligence assistant , Gemini, has achieved a significant milestone of 1 billion monthly active users, the company announced on Tuesday.
- Velo3D Inc. (NASDAQ: VELO ) CEO Arun Jeldi says the intensifying space race i s pushing companies to accelerate production, driving growing demand for additive manufacturing as customers move from prototypes to large-scale deployments.
- New York City Mayor Zohran Mamdani (D) backed legislation to strengthen protections for delivery workers , but Amazon.com, Inc. (NASDAQ: AMZN ) says the proposal could put more than 5,000 local jobs at risk.
Automobile & Spacecraft
- Tesla Inc. (NASDAQ: TSLA ) is closing in on a long-teased unveiling event for its next-generation Roadster, and this time the spectacle centers on rocket hardware borrowed from Elon Musk‘s other company.
- Pony AI Inc. (NASDAQ: PONY ) and Uber Technologies Inc. (NYSE: UBER ) said Thursday they plan to deploy more than 2,000 Pony AI robotaxis across Europe as the companies expand their autonomous driving partnership .
- Uber CEO Dara Khosrowshahi hailed the expansion of the ride-hailing giant’s Robotaxi exploits in Japan as the global autonomous driving race heats up. The company expanded its autonomous vehicle operations in Japan.
- Ford Motor Co. (NYSE: F ) is reportedly preparing to move production of some Lincoln models from China to the U.S. beginning in 2030, as high Trump tariffs and tighter restrictions on Chinese vehicle technology reshape the automaker’s production strategy.
- Electric vehicle sales in North America fell in July despite an uptick in global sales figures , as a lack of incentives and the President Donald Trump administration’s pro-fossil-fuel policies continue to impact adoption.
- Virgin Galactic Holdings Inc (NYSE: SPCE ) posted its second-quarter results after Wednesday’s closing bell. The company said that the first commercial space flights have been pushed into 2027, from the previously expected end of 2026.
- Boeing (NYSE: BA ) and Archer Aviation Inc. (NYSE: ACHR ) signed agreements for Archer Aviation to acquire Wisk Aero , SkyGrid and Insitu .
- WeRide Inc. (NASDAQ: WRD ) reported second-quarter results . In U.S. dollar terms, loss per share was flat year over year at 18 cents. Revenue jumped 92% to $34.15 million.
- Firefly Aerospace Inc. (NASDAQ: FLY ) reported record Q2 revenue of $117.7 million, up 659% year over year and 45.5% from the previous quarter, beating analyst estimates. The company also posted an adjusted loss of 42 cents per share, better than expectations.
- Norway’s largest sovereign wealth fund, worth $2.3 trillion, has announced a $1.22 billion investment in Elon Musk ‘s Space Exploration Technologies Corp (NASDAQ: SPCX , NASDAQ: SPCX ). This marks the first time the fund has publicly disclosed an investment in the company.
- Elon Musk -led Space Exploration Technologies Corp. (NASDAQ: SPCX ) satellite internet service Starlink will help a group of scientists aboard Spain’s flag carrier airline Iberia livestream Wednesday’s Solar Eclipse.
- Rocket Lab Corporation (NASDAQ: RKLB ) reported second-quarter revenue of $234.07 million, beating the consensus estimate of $231.35 million. The company reported a second-quarter loss of eight cents per share, missing estimates for a loss of seven cents per share, according to Benzinga Pro .
- AST SpaceMobile Inc. (NASDAQ: ASTS ) President Scott Wisniewski says that the company is targeting an early 2027 launch timeline for deploying 45 satellites.
Artificial Intelligence
- Gene Munster said xAI’s Grok is rapidly closing the gap with OpenAI and Anthropic. The Deepwater Asset Management managing partner foresees the chatbot taking the lead by January, as Elon Musk -led Space Exploration ‘s growing engineering data could further boost future models.
- Gaxos.ai Inc. (NASDAQ: GXAI ) reported earnings of 2 cents per share, beating the consensus estimate for a loss of 15 cents. Revenue of $2.46 million also topped the Street estimate of $1.75 million .
- Airbnb Inc. (NASDAQ: ABNB ) CEO Brian Chesky says Silicon Valley needs to build more AI products for ordinary consumers if it wants to overcome growing skepticism toward the technology.
- Artificial intelligence lab and software startup Cognition AI is weighing a new funding round of more than $1 billion that could push the company’s valuation above $40 billion, a 50% increase in less than three months.
- OpenAI has reportedly completed a deal to help employees sell nearly $7 billion worth of the company’s shares ahead of its potential IPO.
