Innovation & Tech
IBM is expanding its Bob agentic software development platform to customer-controlled infrastructure, targeting enterprises that need AI while keeping sensitive code and data on premises, in private clouds or even fully isolated environments.
Innovation & Tech
Broadcom has agreed to provide Anthropic with up to $42 billion in financing for AI infrastructure, while Anthropic is expected to become a major Broadcom chip customer. The arrangement expands AVGO’s role from hardware supplier to financing and infrastructure partner.
Innovation & Tech
SpaceX reached orbit with Starship and deployed operational Starlink V3 satellites, moving the rocket beyond testing and closer to a commercial role. Elon Musk is also outlining a much larger vision that could eventually connect Starship, Starlink and orbital AI computing.
Business Trends
Tesla secured $30 billion in new credit capacity as it ramps up spending on AI, robotics and autonomous vehicles. The company does not plan to borrow from the facilities in 2026, but the financing adds flexibility for its expanding investment program.
Innovation & Tech
Apple is preparing a broader smart-home push centered on an AI-powered hub, while new CEO John Ternus reportedly moves to accelerate product development and streamline the company. The combination puts product expansion and execution at the center of Apple’s next phase.
Earnings
Norwegian Cruise Line expects third-quarter results to exceed its previous forecast as revenue comes in stronger than anticipated. Record 2027 occupancy and pricing add a longer-term demand signal while the company maintains its full-year outlook.
Innovation & Tech
Robinhood is expanding beyond traditional brokerage with embedded AI trading agents, planned weekend stock trading and new derivatives products, signaling a broader push to make increasingly sophisticated financial tools accessible to retail investors.
Business Trends
Boeing secured a more than $20 billion U.S. Navy contract to develop the F/A-XX sixth-generation fighter, giving the company both major U.S. next-generation fighter programs as it works to improve its defense business.
Innovation & Tech
Hewlett Packard Enterprise raised its networking growth outlook and secured the first major order for its AMD Helios AI Rack systems. The $1.2 billion Vultr deal highlights HPE’s expanding role in the infrastructure behind AI computing.
Innovation & Tech
OpenAI’s revenue run rate is approaching $70 billion as enterprise demand accelerates, adding another dimension to the coming AI IPO wave. Rapid growth at OpenAI and Anthropic is increasingly being weighed against enormous spending, losses and safety concerns.
Business Trends
Iovance raised its 2026 revenue outlook as demand for Amtagvi and Proleukin strengthens, sending the biotech stock sharply higher and putting greater attention on commercial execution and its expanding cancer pipeline.
Innovation & Tech
AMD is acquiring World Labs for about $8.2 billion, bringing pioneering AI researcher Fei-Fei Li inside the company as it expands beyond chips and deeper into the models shaping robotics, simulation and physical AI.