Pulse 2.0

Whatnot Raises $545 Million Series G At $20 Billion Valuation To Expand Live Shopping Platform And AI Tools

Apollo: AUM Tops $1.05 Trillion As Record $60 Billion Quarterly Inflows Are Entirely Organic

MDU Resources: $3.2 Billion Bakken East Pipeline Could Nearly Double Five-Year Capital Investment Opportunity

OpenAI Says Upcoming Astra Model May Reach Critical Cyber Capability Threshold

Atlassian: Operating Margin Swings To 12% As Subscription ARR Reaches $6.6 Billion

Twilio: Free Cash Flow Reaches $353 Million As 2026 Outlook Rises To As Much As $1.155 Billion

By Amit Chowdhry ● Yesterday at 11:14 PM

Twilio generated record profitability and free cash flow during the second quarter of 2026, with quarterly free cash flow increasing to $352.6 million as the customer engagement platform substantially raised its full-year financial outlook.

Expensify: New Platform Revenue Surges Over 250% As AI Agents Connect With ChatGPT, Claude And Cursor

By Amit Chowdhry ● Yesterday at 10:46 PM

Expensify is seeing rapid growth from New Expensify as the expense management company expands its AI capabilities and connects its platform with AI assistants including ChatGPT, Claude and Cursor.

PPL: Data Center Boom Creates Up To $12 Billion Of Generation Investment Upside Through 2032

By Amit Chowdhry ● Yesterday at 10:45 PM

PPL Corporation sees as much as $12 billion of potential generation investment upside through 2032 as data center development and other large-load projects accelerate across its Pennsylvania and Kentucky service territories.

Texas Roadhouse: New Restaurants See Weekly Sales Jump 10% As System Expands To 832 Locations

By Amit Chowdhry ● Yesterday at 10:43 PM

Texas Roadhouse reported strong early performance from recently opened restaurants during the second quarter of 2026, with locations open for less than six months generating average weekly sales of $180,822, up 10.4% from $163,767 a year earlier.

Gen Digital: Trust-Based Solutions Revenue Jumps 26% As Paid Customers Reach 81 Million

By Amit Chowdhry ● Yesterday at 10:40 PM

Gen Digital reported strong growth in its Trust-Based Solutions business as the cybersecurity and financial wellness company continues to expand beyond its traditional Norton and Avast consumer security products.

OpenText: €105 Million Agentic AI And Sovereign Cloud Expansion To Create 400 Jobs As Cloud Bookings Jump 24%

By Amit Chowdhry ● Yesterday at 10:38 PM

OpenText is expanding its Agentic AI and Sovereign Cloud operations in Europe through a €105 million investment expected to create 400 jobs in Cork and Galway, Ireland, as enterprise cloud bookings continue to accelerate.

BioMarin: Amicus Integration Targets $280 Million Of Cost Cuts As Acquired Therapies Aim For 60%+ Operating Margin

By Amit Chowdhry ● Yesterday at 10:37 PM

BioMarin Pharmaceutical expects substantial cost savings and margin expansion from its acquisition of Amicus Therapeutics, with approximately $280 million of identified GAAP cost reductions and acquired therapies GALAFOLD and POMBILITI + OPFOLDA expected to generate non-GAAP operating margins exceeding 60% by 2030.

MP Materials: NdPr Sales Surge 127% As Oxide And Metal Revenue Jumps 277% To $94.4 Million

By Amit Chowdhry ● Yesterday at 10:34 PM

MP Materials reported a sharp increase in rare earth production and sales during the second quarter of 2026 as the company continues to expand its vertically integrated U.S. rare earth supply chain.

Monster Beverage: International Sales Surge 34.6% To $1.16 Billion And Reach 46% Of Revenue

By Amit Chowdhry ● Yesterday at 10:33 PM

Monster Beverage’s international business is approaching half of the company’s overall sales as demand outside the U.S. continues to grow substantially faster than the broader company.

AIG: Global Personal Underwriting Income Surges 356% As High-Net-Worth Business Expands

By Amit Chowdhry ● Yesterday at 10:11 PM

AIG reported a major improvement in its Global Personal insurance business during the second quarter of 2026, with underwriting income surging 356% as growth in Accident & Health and High Net Worth insurance combined with sharply better underwriting margins.

Insmed: BRINSUPRI Revenue Jumps 49% To $309 Million As Peak Sales Estimate Tops $7 Billion

By Amit Chowdhry ● Yesterday at 8:35 PM

Insmed reported rapid commercial adoption of BRINSUPRI during the second quarter of 2026, with global revenue increasing 49% sequentially to $309.2 million as the company raised both its full-year guidance and long-term peak sales expectations for the bronchiectasis treatment.

Trekor: Yellowhead Targets 4.4 Billion Pounds Of Copper With Potential $540 Million Tax Credit

By Amit Chowdhry ● Yesterday at 8:34 PM

Trekor Metals is advancing its Yellowhead copper project in British Columbia, a large-scale development expected to produce approximately 4.4 billion pounds of copper over a 25-year mine life while potentially qualifying for approximately $540 million under Canada’s Clean Technology Manufacturing Investment Tax Credit.

Evergy: Large Customer Demand Accelerates As EPS Growth Expected To Exceed 8% From 2028

By Amit Chowdhry ● Yesterday at 8:32 PM

Evergy is seeing strong interest from large electricity customers across Kansas and Missouri as rising power demand, including demand associated with data centers and other large-load customers, becomes an increasingly important component of the utility company’s long-term growth outlook.

Sharon AI: Contract Value Reaches $8.8 Billion As GPU Fleet Targets More Than 64,000 By Mid-2027

By Amit Chowdhry ● Yesterday at 8:31 PM

Sharon AI Holdings is rapidly scaling its AI infrastructure platform, with total contracted value reaching approximately $8.8 billion year-to-date as the Australian neocloud operator targets deployment of more than 64,000 NVIDIA GPUs by mid-2027.

Fluor: New Awards Surge To $6.1 Billion As Nuclear Fuel Enrichment Contract Bolsters $26.9 Billion Backlog

By Amit Chowdhry ● Yesterday at 8:31 PM

Fluor reported a sharp acceleration in new project awards during the second quarter of 2026, with $6.1 billion of new business that included a nuclear fuel enrichment project as the engineering and construction company’s backlog stood at $26.9 billion.

Atoms And Joby Aviation Form Strategic Partnership To Build U.S. Vertiport Network

By Amit Chowdhry ● Yesterday at 8:29 PM

Atoms and Joby Aviation have formed a strategic partnership to acquire and develop vertiport sites across the United States as Joby prepares for early electric air taxi operations.

Lyft: Active Riders Reach Record 30.5 Million As Quarterly Rides Hit 262 Million

By Amit Chowdhry ● Yesterday at 2:09 PM

Lyft reached record levels of both active riders and rides during the second quarter of 2026 as the company expands its transportation platform through rideshare, taxi and autonomous vehicle partnerships.

ConocoPhillips: Share Repurchases Double To $2 Billion As $7 Billion Free Cash Flow Inflection Remains On Track

By Amit Chowdhry ● Yesterday at 2:09 PM

ConocoPhillips doubled its quarterly share repurchases to $2 billion during the second quarter of 2026, increasing total shareholder distributions to $3 billion while completing its $5 billion asset-disposition target ahead of schedule.

Shift4: Payment Volume Targets Up To $260 Billion As Adjusted EBITDA Guidance Reaches $1.18 Billion

By Amit Chowdhry ● Yesterday at 2:08 PM

Shift4 is maintaining an aggressive growth outlook for 2026, forecasting full-year payment volume of $240 billion to $260 billion as the payments technology company continues expanding across hospitality, restaurants, sports and entertainment, luxury retail, and other parts of what it calls the Experience Economy.

Blackstone Secured Lending: Repayments Reach $754 Million As 96.8% Of $13.4 Billion Portfolio Remains First-Lien Debt

By Amit Chowdhry ● Yesterday at 2:07 PM

Blackstone Secured Lending Fund reported $754 million of investment sales and repayments during the second quarter of 2026, substantially exceeding new investment activity as the fund maintained a $13.4 billion predominantly senior secured private credit portfolio.

AlphaCore Wealth Adds $700 Million Firm Brave Family Advisors

By Amit Chowdhry ● Yesterday at 1:59 PM

AlphaCore Wealth Advisory has added Brave Family Advisors, a boutique wealth management practice overseeing approximately $700 million in client assets, expanding AlphaCore’s presence in the Northeast.

Astraeus Launches AI-Native Wealth Management Infrastructure Platform After Raising More Than $10 Million

By Amit Chowdhry ● Yesterday at 1:56 PM

Astraeus has launched an AI-native infrastructure platform designed to help wealth management firms unify fragmented data, workflows, business rules and governance systems for artificial intelligence applications.

Mitsubishi Electric To Fully Acquire Polish Rail Equipment Manufacturer MEDCOM

By Amit Chowdhry ● Yesterday at 1:55 PM

Mitsubishi Electric has agreed to acquire the remaining shares of Polish rail electrical equipment manufacturer MEDCOM through its wholly owned subsidiary Mitsubishi Electric Europe.

Dream Finders Homes To Acquire Beazer Homes For $2.2 Billion, Creating Sixth-Largest U.S. Homebuilder

By Amit Chowdhry ● Yesterday at 1:54 PM

Dream Finders Homes has entered into a definitive agreement to acquire Beazer Homes USA in an all-cash transaction with an enterprise value of approximately $2.2 billion. Beazer shareholders will receive $33.50 in cash for each share, representing an implied price-to-book multiple of approximately 0.8 times.

KKR To Acquire Medicover India And Its 24-Hospital Network

By Amit Chowdhry ● Yesterday at 1:53 PM

KKR has signed definitive agreements to acquire Medicover India, the Indian hospital operations of international healthcare and diagnostics company Medicover AB. Financial terms of the transaction were not disclosed.

Airbnb: Guests Book More Than 1 Billion Bedroom Nights In One Year As Group Travel Drives Growth

By Amit Chowdhry ● Yesterday at 1:53 PM

Airbnb reported that guests booked more than 1 billion bedroom nights on its platform during the trailing 12 months through the second quarter of 2026, reaching a record as larger homes and group travel continue to emerge as important growth drivers for the company.

Cloudflare: Agentic AI-First Overhaul Includes Workforce Reduction As Revenue Surges 36%

By Amit Chowdhry ● Yesterday at 1:52 PM

Cloudflare is moving toward what it calls an agentic AI-first operating model as the company positions its network and developer platform for a shift toward AI answer engines, autonomous agents and machine-to-machine commerce.

Onto Innovation: AI Chip Demand Pushes Backlog Above $1 Billion For First Time As Advanced Nodes Revenue Jumps 50%

By Amit Chowdhry ● Yesterday at 1:51 PM

Onto Innovation’s backlog exceeded $1 billion for the first time in company history as growing investment in advanced logic, memory, high-bandwidth memory, semiconductor packaging and silicon photonics fueled record quarterly performance.

10x Genomics: Atera Sees ‘Extraordinary’ Customer Response As Multiomics Strategy Expands

By Amit Chowdhry ● Yesterday at 12:00 PM

10x Genomics highlighted what it described as an extraordinary customer response to Atera during the second quarter of 2026 as the life science technology company expanded its multiomics capabilities through an acquisition and new research collaborations.

CleanSpark: $6.6 Billion Data Center Lease Accelerates Shift Beyond Bitcoin Mining

By Amit Chowdhry ● Yesterday at 12:00 PM

CleanSpark is accelerating its transformation from a Bitcoin mining company into a broader digital infrastructure platform after signing a 20-year, $6.6 billion triple-net lease for its Sandersville data center development with a high investment-grade tenant. The company has also fully funded the anticipated equity portion of the project and prepaid for the long-lead equipment required to meet its targeted ready-for-service date.