Pulse 2.0

SpaceX Reportedly Signs $1.11 Billion-Per-Month Compute Deal With Undisclosed Customer

Envestnet To Acquire Vestmark, Adding Platform Supporting More Than $2 Trillion In Assets

Ford To Invest $1 Billion In New Paint Shop At Kentucky Truck Plant

OpenAI Rules Out 2026 IPO As Sam Altman Prioritizes AI Safety Work

Apollo Reportedly In Talks To Acquire Johnson & Johnson’s DePuy Synthes For Around $20 Billion

Larry Ellison Cancels Plan To Sell Up To $7.5 Billion Of Oracle Stock

By Amit Chowdhry ● Today at 9:55 PM

Oracle co-founder and Executive Chairman Larry Ellison has canceled a trading plan that could have allowed him to sell as many as 50 million Oracle shares worth approximately $7.5 billion based on the company's recent stock price, according to Reuters.

Matt Mullenweg Returns As Automattic CEO Two Days After Being Placed On Leave

By Amit Chowdhry ● Today at 9:51 PM

Automattic founder Matt Mullenweg has returned as CEO only two days after the company's board placed him on paid leave, marking an abrupt reversal in a highly unusual leadership dispute at the parent company of WordPress.com, Tumblr and Beeper.

Baseten Acquires Blaxel To Build Integrated Agentic AI Infrastructure Platform

By Amit Chowdhry ● Today at 8:26 PM

Baseten has acquired Blaxel, bringing together Baseten's AI model inference and training infrastructure with Blaxel's execution, storage and networking technology for autonomous agents. Financial terms of the transaction were not disclosed.

RH: Q2 Revenue Rises 2.6% To $922.2 Million As Company Targets Up To 7% Fiscal 2026 Growth

By Amit Chowdhry ● Today at 11:09 AM

RH reported second-quarter 2026 GAAP net revenue of $922.2 million, an increase of 2.6% from the prior year and above the high end of the luxury home furnishings company's guidance.

Reformation: Q2 Revenue Rises 24.1% To $155.2 Million As Net Income Jumps 79.4%

By Amit Chowdhry ● Today at 11:07 AM

Reformation reported second-quarter fiscal 2026 net revenue of $155.2 million, up 24.1% from $125.1 million a year earlier, as the sustainable women's fashion company generated growth across direct-to-consumer, wholesale and international channels.

MasterCraft: Fiscal 2026 Revenue Rises 22.8% To $348.9 Million As Adjusted EBITDA Nearly Doubles

By Amit Chowdhry ● Today at 11:06 AM

MasterCraft Boat Holdings reported fiscal 2026 net sales of $348.9 million, up 22.8% from $284.2 million in the prior year, as strong underlying performance and the company's combination with Marine Products Corporation expanded the business.

IBEX: Fiscal 2026 Revenue Rises 15.4% To Record $644.1 Million As AI Agent Momentum Builds

By Amit Chowdhry ● Today at 11:05 AM

IBEX reported record fiscal 2026 revenue of $644.1 million, up 15.4% from $558.3 million, as the outsourced business services and AI-powered customer experience company generated double-digit growth and increased adoption of its AI-enabled solutions.

1-800-FLOWERS.COM: Fiscal 2026 Revenue Falls 10.8% To $1.5 Billion As Company Evaluates Capital Raising Options

By Amit Chowdhry ● Today at 11:05 AM

1-800-FLOWERS.COM reported fiscal 2026 consolidated revenue of $1.50 billion, down 10.8% from $1.69 billion a year earlier, as declining Consumer Floral & Gifts and Gourmet Foods & Gift Baskets sales weighed on results.

Zumiez: Q2 Revenue Falls 2.5% To $209 Million As U.S. Footwear And Traffic Remain Soft

By Amit Chowdhry ● Today at 11:02 AM

Zumiez reported second-quarter fiscal 2026 net sales of $209.0 million, down 2.5% from $214.3 million a year earlier, as weaker U.S. performance outweighed continued growth in the retailer's international markets.

Adobe: Q3 Revenue Rises 13% To Record $6.76 Billion And Company Raises FY2026 Targets

By Amit Chowdhry ● Today at 11:01 AM

Adobe reported record third-quarter fiscal 2026 revenue of $6.76 billion, up 13% year-over-year, or 12% in constant currency, as the company continued expanding its artificial intelligence offerings and surpassed one billion monthly active users across its creativity and productivity products.

Copart: Q4 Revenue Rises 2.4% To $1.15 Billion As Net Income Falls 17.4%

By Amit Chowdhry ● Today at 11:01 AM

Copart reported fiscal 2026 fourth-quarter revenue of approximately $1.15 billion, up 2.4% from the prior-year period, while higher operating costs contributed to declines in gross profit and net income.

Descartes: Q2 Revenue Rises 12% To Record $201.1 Million As Operating Income Jumps 36%

By Amit Chowdhry ● Today at 11:01 AM

Descartes Systems Group reported record fiscal 2027 second-quarter revenue of $201.1 million, up 12% from $179.8 million a year earlier and 4% from the preceding quarter.

Macy’s: Q2 Net Sales Rise To $4.9 Billion As Comparable Sales Gain 2.7% And FY2026 Guidance Increases

By Amit Chowdhry ● Today at 11:00 AM

Macy's reported second-quarter 2026 net sales of $4.9 billion, up 1.1% from a year earlier, while comparable sales increased 2.7% across the company and management raised its full-year sales and earnings outlook.

Arete Wealth Launches Arete Capital Partners To Expand Investment Banking Capabilities

By Amit Chowdhry ● Today at 8:01 AM

Arete Wealth has launched Arete Capital Partners, a dedicated investment banking division designed to expand the firm's capabilities across capital formation, capital markets and corporate advisory services.

Alstom And TransPennine Express Sign €1.2 Billion Contracts For Battery-Electric Trains

By Amit Chowdhry ● Today at 8:00 AM

Alstom has signed contracts worth more than €1.2 billion with TransPennine Express for the supply and long-term maintenance of 29 battery-electric trains that will become Britain's first mainline battery-electric fleet.

Vulcan Infrastructure And Power Raises $39.4 Million Strategic Investment From Machine Investment Group, Atlas Holdings, Conversant Capital And Others

By Amit Chowdhry ● Today at 7:59 AM

Vulcan Infrastructure and Power has completed an approximately $39.4 million strategic investment from affiliates of Machine Investment Group and Atlas Holdings, along with institutional investors including Conversant Capital and certain company insiders.

Cerenome Secures Up To $20 Million Financing Facility From 3i Fund

By Amit Chowdhry ● Today at 7:59 AM

Cerenome has entered into a financing agreement with 3i, LP for a senior secured facility of up to $20 million with royalty-based repayments, providing additional capital for the commercialization and development of its CNS oncology platform.

Homewerks Acquires GTR Technologies

By Amit Chowdhry ● Today at 7:55 AM

Homewerks Worldwide, a portfolio company of H.I.G. Capital, has completed the acquisition of GTR Technologies, a provider of ventilation fans, technology switches, access panels, and related home improvement products. Financial terms were not disclosed.

ZaiNar Joins Arm Total Design For Physical AI As Founding Location Partner

By Amit Chowdhry ● Today at 7:54 AM

ZaiNar has joined the Arm Total Design for Physical AI ecosystem as a founding location partner, bringing its real-time location technology to an ecosystem focused on accelerating development and deployment of autonomous systems.

Lee Equity Partners Invests In Marwood Group As Chris Librizzi Named CEO

By Amit Chowdhry ● Today at 7:54 AM

Marwood Group has received a strategic investment from funds managed by Lee Equity Partners as the healthcare-focused advisory and consulting firm seeks to accelerate growth through acquisitions, senior hires and expansion of its capabilities. Financial terms were not disclosed.

Mubadala Makes Significant Minority Investment In Luckin Coffee In Approximately $1 Billion Transaction

By Amit Chowdhry ● Today at 7:52 AM

Village Farms Names Hamid Shekarchi As Interim Chief Financial Officer

By Amit Chowdhry ● Today at 7:51 AM

Village Farms International has appointed Hamid Shekarchi as Interim Chief Financial Officer, effective immediately, following the completion of the company's previously announced CFO succession process.

Actithera Names Steven Kelly As CEO, Briggs Morrison As Board Chair, And John Crowley As Independent Director

By Amit Chowdhry ● Today at 7:51 AM

Actithera has appointed Steven Kelly as Chief Executive Officer and a member of its board as the radiopharmaceutical biotechnology company prepares to move its lead program into clinical development.

Monticello Associates Names Ralph Blasey Director Of Institutional Consulting

By Amit Chowdhry ● Today at 7:49 AM

Monticello Associates has appointed Ralph Blasey as Director, Institutional Consulting, in the firm's Washington, D.C. office.

Salzgitter Names Christoph Martin Chief Financial Officer

By Amit Chowdhry ● Today at 7:49 AM

Salzgitter AG has appointed Christoph Martin as Chief Financial Officer, effective October 1, 2026.

Guidehouse Names Ed Meehan As Financial Services Leader, Ryan McKeon As Chief Growth Officer, And Matthew Moosariparambil As Practice Leader

By Amit Chowdhry ● Today at 7:48 AM

Guidehouse has announced three senior leadership appointments aimed at strengthening its financial services and growth capabilities.

Kadant Names Michael Colwell As CEO As Part Of Leadership Succession Plan

By Amit Chowdhry ● Today at 7:47 AM

Kadant has announced that Michael C. Colwell will become President and Chief Operating Officer effective October 1, 2026 and then President, Chief Executive Officer and a Director effective January 2, 2027.

Nvidia Reportedly In Talks To Invest Up To $10 Billion In Anthropic IPO At About $2 Trillion Valuation

By Amit Chowdhry ● Today at 7:47 AM

Nvidia is reportedly in talks to become an anchor investor in Anthropic's planned initial public offering, with the chipmaker considering an investment of up to $10 billion, according to a Reuters report. Anthropic is seeking to raise as much as $100 billion in an IPO that could value the artificial intelligence company at approximately $2 trillion.

Polymarket Names Warren Jenson Chief Financial Officer As U.S. And Global Expansion Accelerates

By Amit Chowdhry ● Today at 7:46 AM

Polymarket has appointed veteran finance executive Warren Jenson as Chief Financial Officer as the prediction markets company expands its CFTC-regulated U.S. exchange and broader global platform.

Chervon Names Joseph Galli Jr. As Chief Executive Officer

By Amit Chowdhry ● Today at 7:45 AM

Chervon Holdings has appointed Joseph Galli Jr. Chief Executive Officer, effective September 10, 2026, as the global power tool and outdoor power equipment company prepares for its next stage of growth.