CoreWeave Q2 Doubles to $2.58B; Backlog Hits $104B
CoreWeave’s Q2 2026 revenue jumped 112% to $2.58B; backlog hit $104B, Meta added $21B, and FY26 guide was raised. But the net loss widened to $626M.
Technology
ADRs Explained: How to Own TSMC, Alibaba, and Toyota
American Depositary Receipts let U.S. investors buy foreign stocks in dollars on U.S. exchanges. How they work, in plain English.
IonQ Closes $1.8B SkyWater Buy, Bets on In-House Chip Fab
IonQ (NYSE: IONQ) completed its $1.8B cash-and-stock takeover of SkyWater Technology on July 31, 2026, giving the quantum firm its own U.S. silicon foundry.
Apple Falls 7% as Cook Warns of Memory Chip ‘100-Year Flood’
Apple stock slid 7.35% Friday after CEO Tim Cook called soaring memory chip prices a ‘100-year flood.’ Nvidia reclaimed the most-valuable-company crown.
Stock Splits Explained: Forward, Reverse, and What They Do
How stock splits work, why NVIDIA and Chipotle did them, and when a reverse split signals distress. Real numbers, no jargon.
Amkor Tumbles 25% as Cautious Q3 Guide Overshadows Q2 Beat
Amkor Technology posted a record Q2 with $1.90B in sales, but a soft Q3 guide and heavy AI-packaging capex sent AMKR down nearly 25% on July 28.
Qualcomm Eyes $40B by 2029 as Meta Picks Dragonfly CPU
Qualcomm nearly doubled its FY2029 non-handset revenue target to $40B and named Meta as its first data center CPU customer. QCOM popped, then settled +5%.
SanDisk Pops 21% as Micron’s Record Print Drives AI Memory
SanDisk surged 21% intraday after Micron’s record Q3 print, then gave back gains as profit-takers crowded the AI memory trade.
Apple Hikes Mac and iPad Prices; Micron Soars 14% on Beat
Apple fell 5% after raising Mac and iPad prices on memory costs. Micron jumped 14% to $1,195 on Q3 FY26 beat — same AI memory squeeze, both sides.
OpenAI’s Jalapeño Chip Lifts Broadcom, Tests Nvidia’s AI Grip
OpenAI’s first custom inference chip Jalapeño, co-designed with Broadcom, lifted AVGO 3.4% June 24 and revives the hyperscaler ASIC challenge to Nvidia.