Pulse 2.0

Bob Iger And Joshua Kushner Buy Los Angeles Lakers At $12.5 Billion Valuation

NVIDIA Partners With Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs And KKR To Mobilize Over $500 Billion For AI Infrastructure

Elbit Systems: Backlog Reaches Record $32 Billion As Production Capacity Expands

On Holding: Apparel Sales Surge 48% As Brand Expands Beyond Footwear

Tencent Music: AI Agents Become Real-Time Personal DJs As Ximalaya Adds $60 Million Of Revenue

Smithfield Foods: Hog Production Profit Surges 192% As Vertically Integrated Model Offsets Packaged Meats Pressure

By Amit Chowdhry ● Today at 10:54 PM

Smithfield Foods' Hog Production operating profit surged 192.2% year-over-year to $64 million during the second quarter of fiscal 2026, providing a significant offset as profitability declined in the company’s Packaged Meats and Fresh Pork businesses.

Franco-Nevada: Cobre Panamá Stockpiles Target 23,100 Gold Ounces And 265,000 Silver Ounces Of Stream Deliveries

By Amit Chowdhry ● Today at 10:53 PM

Franco-Nevada expects the processing of stockpiled ore at Cobre Panamá to generate approximately 23,100 gold ounces and 265,000 silver ounces of stream deliveries as activity resumes at the mine after two years of halted operations.

Supermicro: New Orders Top $60 Billion As Fiscal 2027 Revenue Targets Up To $72 Billion

By Amit Chowdhry ● Today at 6:27 PM

Supermicro generated more than $60 billion of new orders during fiscal 2026 and entered fiscal 2027 with record backlog as demand for artificial intelligence and data center infrastructure continued to accelerate. The company is now targeting fiscal 2027 revenue of $65 billion to $72 billion, compared with $39.1 billion generated in fiscal 2026.

Quantinuum: Cash Tops $2.1 Billion After $1.7 Billion IPO As Revenue Surges 279%

By Amit Chowdhry ● Today at 6:27 PM

Quantinuum ended the second quarter of 2026 with $2.1 billion of cash, cash equivalents and short-term investments after completing a $1.7 billion initial public offering, providing the quantum computing company with substantial capital as revenue increased 279% year-over-year.

DPC Holdings: Four OEM Partnerships Target More Than $200 Million Of Incremental Annual Revenue

By Amit Chowdhry ● Today at 6:26 PM

DPC Holdings has expanded its portfolio to four strategic customer partnerships with aerospace and industrial gas turbine OEMs that are expected to generate more than $200 million of incremental annual revenue at accretive margins.

Aramark: New Client Wins Top $1.6 Billion As Retention Reaches Record 98%

By Amit Chowdhry ● Today at 6:26 PM

Aramark has secured more than $1.6 billion of new client wins through the first three quarters of fiscal 2026, an increase of 51% from the comparable period a year earlier, while client retention reached a record approximately 98%.

Venture Global: LNG Exports Reach 1,000 Cargos As 91% Of 2026 Capacity Is Contracted

By Amit Chowdhry ● Today at 6:25 PM

Venture Global has exported its 1,000th LNG cargo just four years after shipping its first cargo in 2022 as the company increases contracted volumes and expands production across its Calcasieu Pass, Plaquemines and CP2 projects.

Performance Food Group: Free Cash Flow Jumps 46% Past $1 Billion As CapEx Falls $122 Million

By Amit Chowdhry ● Today at 5:38 PM

Performance Food Group generated more than $1 billion of free cash flow in fiscal 2026, an increase of approximately 46% from the prior year, as stronger operating cash generation combined with a $121.9 million reduction in capital expenditures.

Pan American Silver: Realized Silver Price More Than Doubles To $70.97 As Free Cash Flow Reaches $344 Million

By Amit Chowdhry ● Today at 5:37 PM

Pan American Silver's average realized silver price more than doubled year-over-year to $70.97 per ounce during the second quarter of 2026, helping drive attributable free cash flow to $344 million as higher precious metal prices and stronger silver production boosted financial results.

Bio-Techne: GAAP Operating Income Surges 146% As Adjusted Profit Growth Remains Modest

By Amit Chowdhry ● Today at 5:37 PM

Bio-Techne's full-year GAAP operating income surged 146% during fiscal 2026, even as adjusted operating income increased only 1%, highlighting the substantial impact that impairment charges, litigation items and asset recoveries had on the life sciences company’s year-over-year reported results.

Trimble: ARR Reaches Record $2.51 Billion As Subscription And Services Revenue Tops $640 Million

By Amit Chowdhry ● Today at 5:37 PM

Trimble's annualized recurring revenue reached a record $2.51 billion during the second quarter of 2026 as the technology company continued shifting its business toward subscription and services revenue and expanding connected workflows across construction, geospatial and transportation markets.

Amcor: Berry Acquisition Adds About $7.9 Billion Of Revenue As Adjusted EBITDA Surges 68%

By Amit Chowdhry ● Today at 5:29 PM

Amcor's acquisition of Berry Global substantially increased the packaging company's scale during fiscal 2026, adding approximately $7.9 billion of acquired sales net of divestitures as full-year revenue increased 57% to $23.5 billion and Adjusted EBITDA surged 68% to $3.67 billion.

Cerebras: Data Center Capacity Tops 600 MW As Manufacturing Capacity Targets More Than 10x Expansion

By Amit Chowdhry ● Today at 5:29 PM

Cerebras Systems is rapidly expanding the physical infrastructure supporting its AI inference business, with more than 600 megawatts of data center capacity now live or under contract for delivery by the end of 2027 and manufacturing capacity expected to increase more than 10x during 2026.

Cisco: AI Infrastructure Revenue Targets $7.5 Billion After Hyperscaler Orders Reach $9.3 Billion

By Amit Chowdhry ● Today at 5:29 PM

Cisco expects AI infrastructure revenue from hyperscalers to reach approximately $7.5 billion in fiscal 2027 after securing $9.3 billion of orders during fiscal 2026, highlighting the growing importance of artificial intelligence infrastructure to the networking company's business.

Coherent: AI Demand Pushes Q1 Revenue Target To $2.3 Billion As Manufacturing Capacity Expands

By Amit Chowdhry ● Today at 5:27 PM

Coherent expects fiscal first-quarter 2027 revenue of $2.2 billion to $2.4 billion, putting the midpoint at $2.3 billion, as accelerating artificial intelligence data center demand drives the photonics company to expand manufacturing capacity.

Palette Raises €3 Million Pre-Seed Round Led By Ugly Duckling For AI-Native Team Operating System

By Amit Chowdhry ● Today at 5:09 PM

Palette has raised €3 million in pre-seed funding to build an operating system designed for AI-native teams. The round was led by Ugly Duckling Ventures, with participation from Emblem and Acadian Ventures.

Silicon Data Raises $30.5 Million Series A Led By Valor Atreides AI Fund To Build AI Compute Benchmark Infrastructure

By Amit Chowdhry ● Today at 5:09 PM

Silicon Data has raised an initial $30.5 million closing of its Series A financing to expand its independent pricing, performance and market intelligence infrastructure for the AI compute economy.

LTP Invests In Digital Prime Technologies To Expand Tokenet Across Asia-Pacific

By Amit Chowdhry ● Today at 5:08 PM

Digital Prime Technologies has secured a strategic investment from LTP, a global institutional digital asset prime brokerage, to accelerate the Asia-Pacific expansion of Tokenet, its institutional digital and tokenized asset lending platform. Financial terms of the investment were not disclosed.

ClearJet Raises $25 Million Growth Investment Led By Edison Partners To Scale AI-Powered SuperCarrier Network

By Amit Chowdhry ● Today at 5:07 PM

ClearJet has raised a $25 million growth equity investment led by Edison Partners to expand its AI-powered parcel logistics platform and SuperCarrier delivery network. Returning investors Venture53, Origin Ventures, Salt VC and SpringTime Ventures also participated. ClearJet’s existing investor base includes Sky VC, formerly JetBlue Ventures, and Tandem Ventures. The financing brings ClearJet’s total capital raised to more than $40 million.

XiFin Invests In Notable Systems As Companies Form Multi-Year Agentic AI Alliance For Healthcare RCM

By Amit Chowdhry ● Today at 5:06 PM

XiFin, a provider of AI-driven revenue cycle management solutions, has made a strategic investment in Notable Systems as part of the healthcare automation company’s Series B financing. The investment accompanies a multi-year strategic AI alliance focused on developing purpose-built agentic AI capabilities for healthcare revenue cycle management.

Chatham Financial Secures Strategic Investment From Vikram S. Pandit, Atairos, And GIC

By Amit Chowdhry ● Today at 5:05 PM

Chatham Financial has entered into a definitive strategic investment agreement with Vikram S. Pandit, chairman and CEO of The Orogen Group, Atairos, and GIC. Each investor will become a long-term capital partner in the independent capital markets advisory firm. Chatham’s employees will continue to hold majority ownership of the company following the investment.

Alta Smiles Raises Series Seed Extension Led By Run Ventures As C5 Hidden Orthodontics Gains Traction

By Amit Chowdhry ● Today at 5:04 PM

Alta Smiles, a developer of orthodontic technology, has completed a Series Seed extension financing round as the company expands commercialization of its C5 Hidden Orthodontics system. The amount raised was not disclosed.

Plus500: Prediction Markets And Futures Business Targets $140 Million Annualized Revenue As Non-OTC Sales Grow 30%

By Amit Chowdhry ● Today at 5:02 PM

Plus500's non-OTC business is on track to generate approximately $140 million of annualized revenue in fiscal 2026 as revenue from futures, prediction markets and share dealing grows approximately 30% year-over-year.

Entravel Group Raises $7.5 Million To Expand Travel Infrastructure Beyond Crypto Platforms

By Amit Chowdhry ● Today at 5:01 PM

Entravel Group has raised $7.5 million to expand its travel technology infrastructure beyond the cryptocurrency sector and into the broader travel and consumer markets. The round included Finality Capital, Joseph Lubin, Ethereal Ventures, GSR Ventures, Varrock, G1 Ventures, Seier Capital, Veris Ventures, FunFair Ventures, and WTG Ventures.

Mindgard Raises $30 Million Series A To Expand AI Security Platform

By Amit Chowdhry ● Today at 4:59 PM

Mindgard has raised $30 million in Series A funding to expand its AI security platform as enterprises increase deployment of AI models, agents, and applications. Album VC led the financing, with participation from Karma Ventures and existing investors .406 Ventures, Atlantic Bridge, IQ Capital, and Lakestar. Mindgard plans to use the new capital to expand its product, engineering, sales, and marketing operations in response to growing customer demand.

Heaviside Industries Raises $60 Million Series B At $600 Million Valuation And Partners With Nammo

By Amit Chowdhry ● Today at 4:57 PM

Heaviside Industries has raised $60 million in Series B funding at a $600 million valuation and formed a strategic partnership with Norwegian defense company Nammo to supply warheads for Heaviside’s precision munitions platforms. Felicis led the financing, with significant participation from Hedosophia. Other investors included Menlo Ventures, Cantos, Flume Ventures, Qstar Capital, Friends & Family Capital, Anorak Ventures, and MVP Ventures. The financing comes three months after Heaviside emerged from stealth.

InduPro Raises $77 Million Series B And Doses First Patient In Phase 1 Study Of IDP-001

By Amit Chowdhry ● Today at 4:56 PM

InduPro has raised $77 million in Series B funding and dosed the first patient in a Phase 1 clinical trial evaluating IDP-001, the biotechnology company’s lead oncology candidate. The Column Group led the financing. Existing investors Vida Ventures, MRL Ventures Fund, Emerson Collective advised by Yosemite, and Euclidean Capital participated alongside new investors Solasta Ventures, Sanofi, and Eli Lilly and Company.

CodeRabbit Raises $143 Million Series C At $1.5 Billion Valuation As Revenue Jumps More Than 5X

By Amit Chowdhry ● Today at 4:56 PM

CodeRabbit has raised $143 million in Series C funding at a $1.5 billion valuation as the AI code review company expands into what it calls Agentic Change Management. Atomico and Smash Capital co-led the financing. New investors included BMW i Ventures, Datadog, Hirtle Callaghan, SineWave Ventures, and Scenic Management. Existing investors CRV, Scale Venture Partners, Flex Capital, Pelion Venture Partners, Harmony Partners, and Engineering Capital also participated. Atomico partner Luca Eisenstecken will join CodeRabbit’s board.

Turnbridge Equities Acquires Skyhouse Raleigh With $62 Million ACORE Capital Mortgage

By Amit Chowdhry ● Today at 4:55 PM

Turnbridge Equities has acquired Skyhouse Raleigh, a multifamily community in downtown Raleigh, North Carolina, and plans a comprehensive renovation of the property.

Skan AI Raises $63 Million To Expand Enterprise AI Platform

By Amit Chowdhry ● Today at 4:53 PM

Skan AI has raised $63 million in funding to expand its enterprise AI platform, which is designed to provide AI systems with context about how work is actually performed inside organizations. Cathay Innovation and Dell Technologies Capital co-led the funding, with participation from Citi Ventures, Bloomberg Beta, State Farm Ventures, and Wipro Ventures. The financing coincides with the launch of Skan AI’s broader enterprise AI platform and the general availability of Skan AI Blueprint and Skan AI Agents.