Innovation

Reddit: Revenue Grows 61% As Adjusted EBITDA Margin Reaches 43%

By Amit Chowdhry ● Aug 2, 2026

Reddit delivered another quarter of rapid revenue growth and expanding profitability in the second quarter of 2026, as stronger advertising demand and higher monetization significantly outpaced growth in its user base.

Pathfinder Ventures Appoints Mark Roseborough As CEO

By Amit Chowdhry ● Aug 2, 2026

Pathfinder Ventures has appointed Mark Roseborough as CEO as the company prepares for its next stage of growth.

Plexus: Industrial Revenue Jumps 42% As Data Center Battery Storage Win Expands Growth Pipeline

By Amit Chowdhry ● Aug 2, 2026

Plexus reported record fiscal third-quarter 2026 revenue as rapid growth across its Industrial business and a new data center battery energy storage program helped expand the company’s qualified manufacturing pipeline to an all-time high of $4.5 billion.

AB2 Bio Receives $30 Million From Nippon Shinyaku For U.S. Tadekinig Alfa Rights, With Up To $600 Million In Milestones And Royalties

By Amit Chowdhry ● Aug 2, 2026

AB2 Bio has received a $30 million payment after Nippon Shinyaku exercised its option for exclusive U.S. commercialization rights to Tadekinig alfa in a rare pediatric hyperinflammatory disease.

Yum China: Pizza Hut Transactions Surge 13% As Lower Prices Drive Mass-Market Growth

By Amit Chowdhry ● Aug 2, 2026

Yum China’s Pizza Hut business continued its push toward a broader mass-market customer base during the second quarter of 2026, generating significantly more transactions as value-focused offerings reduced the average amount spent per order.

Cigna: Specialty Care Profit Jumps 22% As Pharmacy Benefit Earnings Fall 27%

By Amit Chowdhry ● Aug 2, 2026

The Cigna Group reported sharply different second-quarter 2026 earnings trends across its Evernorth Health Services businesses, as strong specialty-drug growth and operating efficiencies lifted Specialty and Care Services profit while Pharmacy Benefit Services earnings declined.

Cloud Capital Completes $520 Million Triple-A-Rated Data Center ABS Issuance

By Amit Chowdhry ● Aug 2, 2026

Cloud Capital has completed a $520 million asset-backed securities issuance through its newly established Cloud Capital ABS Master Trust, creating a scalable financing platform for its stabilized data center portfolio.

Department Of War Awards $76.6 Billion For 14 Columbia And Virginia Class Submarines

By Amit Chowdhry ● Aug 2, 2026

The Department of War has awarded shipbuilding contracts and related shipyard productivity funding totaling $76.6 billion to expand the U.S. Navy’s undersea warfare capabilities.

Entegris Appoints Qorvo CEO Robert Bruggeworth To Board As Bertrand Loy Retires

By Amit Chowdhry ● Aug 2, 2026

Entegris has appointed Qorvo President and CEO Robert A. Bruggeworth to its board of directors, effective August 3, 2026. The semiconductor materials and process solutions company also announced that Executive Chair Bertrand Loy retired from Entegris.

Sonos Appoints Coliseum Capital Co-Founder Chris Shackelton To Board

By Amit Chowdhry ● Aug 2, 2026

Sonos has appointed Chris Shackelton to its board of directors as the audio company continues adding directors with expertise aligned with its strategy. Shackelton is a co-founder and managing partner of Coliseum Capital Management, a long-term Sonos shareholder. He brings experience in public-market investing, corporate strategy, financial markets and capital allocation.

First Horizon: Brokered Deposits Jump 47% As Commercial Loan Growth Pressures Margin

By Amit Chowdhry ● Aug 2, 2026

First Horizon increased commercial lending during the second quarter of 2026, but the additional growth required substantially more brokered funding, contributing to higher deposit costs and a modest decline in net interest margin.

Rush Street Interactive: Latin America Users Surge 62% As Revenue Per Customer Jumps 83%

By Amit Chowdhry ● Aug 2, 2026

Fortinet: FortiSASE Billings More Than Double As SASE Firewall Business Tops $2 Billion

By Amit Chowdhry ● Aug 2, 2026

Fortinet reported accelerating demand for its Unified SASE platform during the second quarter of 2026, with FortiSASE billings growing more than 100% as the company expanded its strategy for combining cloud-delivered security with traditional network firewalls.

Xcel Energy: Nuclear Plant Life Extensions Reduce Depreciation And Support Earnings Growth

By Amit Chowdhry ● Aug 2, 2026

Xcel Energy reported a significant increase in second-quarter 2026 earnings as longer-than-expected operating lives for its nuclear plants reduced depreciation expense and created an unusual benefit in the company’s quarterly results.

SunCoke Energy: Industrial Services Posts Record Quarter As Phoenix Acquisition Transforms Earnings Mix

By Amit Chowdhry ● Aug 2, 2026

SunCoke Energy's Industrial Services business delivered its strongest adjusted EBITDA quarter since the Phoenix Global acquisition, significantly changing the company’s earnings mix and helping drive a nearly 60% increase in consolidated adjusted EBITDA.

Wave Life Sciences: Obesity Drug Advances To Phase 2 With Potential For Fat Loss Without Muscle Loss

By Amit Chowdhry ● Aug 2, 2026

Wave Life Sciences has begun dosing participants in the Phase 2a portion of its INLIGHT clinical trial evaluating WVE-007, an investigational obesity treatment designed to reduce body fat while preserving muscle.

AAON: Robert L. Buttermore III And Patrick J. Jermain Appointed To Expanded Board

By Amit Chowdhry ● Aug 2, 2026

AAON increased the size of its Board of Directors and appointed Robert L. Buttermore III and Patrick J. Jermain as independent directors, effective July 28, 2026. Buttermore will serve on the Board’s Compensation Committee, while Jermain will join the Audit Committee.

Alnylam: AMVUTTRA Revenue Tops $1 Billion, But Pent-Up Demand Normalization Triggers Guidance Cut

By Amit Chowdhry ● Aug 2, 2026

Alnylam Pharmaceuticals reported that quarterly AMVUTTRA revenue surpassed $1 billion as the RNA interference therapeutics company delivered substantial revenue growth and swung to profitability. However, management reduced its full-year product revenue outlook after demand among certain second-line patients normalized following an initial launch period boosted by pent-up demand.

Regeneron: Dupixent Sales Reach $6 Billion As Sanofi Repayment Unlocks Profit And Cash Flow Inflection

By Amit Chowdhry ● Aug 2, 2026

Regeneron reported strong second-quarter 2026 growth as global Dupixent sales reached approximately $6 billion and the biotechnology company completed repayment of its development balance to Sanofi, removing a significant drag on its share of collaboration profits.

Cycurion Lands $54.6 Million 10-Year Contract With Top-5 Global Consulting Firm

By Amit Chowdhry ● Aug 2, 2026

Cycurion has secured a $54.6 million, 10-year contract through its partnership with a top-five global consulting firm, representing the largest contract award in the cybersecurity company’s history.

Rocket One Licenses NASA Avionics Technology To Build AI-Powered Space Mission Platform

By Amit Chowdhry ● Aug 2, 2026

Rocket One has entered into a nonexclusive patent license agreement with NASA covering the agency’s Affordable Vehicle Avionics System technology.

American Electric Power: New Large Customers Expected To Offset Up To $16 Billion In Residential Costs

By Amit Chowdhry ● Aug 2, 2026

American Electric Power expects electricity demand from data centers, hyperscalers, and industrial customers to provide up to $16 billion in cost offsets for residential customers as the utility expands its infrastructure to support substantial load growth.

Terex: Materials Processing Margin Surges As Tariffs Weigh On Aerials Profitability

By Amit Chowdhry ● Aug 2, 2026

Terex reported sharply contrasting profitability trends across its Materials Processing and Aerials businesses during the second quarter of 2026, as stronger demand and operating leverage lifted Materials Processing margins while tariffs and inflation pressured Aerials.

Bristol Myers Squibb: Growth Portfolio Surpasses Legacy Medicines As Revenue Outlook Rises By Up To $3 Billion

By Amit Chowdhry ● Aug 2, 2026

Bristol Myers Squibb’s newer medicines generated more quarterly revenue than its legacy portfolio as the pharmaceutical company raised its full-year 2026 revenue outlook by as much as $3 billion.

Zoi: Interview With North America Managing Director Danilo Kirschner About AI-Enabled Cloud Transformation

By Amit Chowdhry ● Aug 2, 2026

Zoi is a cloud-native technology partner that helps manufacturing and retail companies modernize legacy systems, connect fragmented data environments, and move artificial intelligence from experimentation into production. The company combines engineering expertise across AWS, Google Cloud, Microsoft, and SAP with industry-specific knowledge. Pulse 2.0 interviewed Zoi North America Managing Director Danilo Kirschner to learn more.

Innovation

Reddit: Revenue Grows 61% As Adjusted EBITDA Margin Reaches 43%

Pathfinder Ventures Appoints Mark Roseborough As CEO

Plexus: Industrial Revenue Jumps 42% As Data Center Battery Storage Win Expands Growth Pipeline

AB2 Bio Receives $30 Million From Nippon Shinyaku For U.S. Tadekinig Alfa Rights, With Up To $600 Million In Milestones And Royalties

Yum China: Pizza Hut Transactions Surge 13% As Lower Prices Drive Mass-Market Growth

Cigna: Specialty Care Profit Jumps 22% As Pharmacy Benefit Earnings Fall 27%

Cloud Capital Completes $520 Million Triple-A-Rated Data Center ABS Issuance

Department Of War Awards $76.6 Billion For 14 Columbia And Virginia Class Submarines

Entegris Appoints Qorvo CEO Robert Bruggeworth To Board As Bertrand Loy Retires

Sonos Appoints Coliseum Capital Co-Founder Chris Shackelton To Board

First Horizon: Brokered Deposits Jump 47% As Commercial Loan Growth Pressures Margin

Rush Street Interactive: Latin America Users Surge 62% As Revenue Per Customer Jumps 83%

Fortinet: FortiSASE Billings More Than Double As SASE Firewall Business Tops $2 Billion

Xcel Energy: Nuclear Plant Life Extensions Reduce Depreciation And Support Earnings Growth

SunCoke Energy: Industrial Services Posts Record Quarter As Phoenix Acquisition Transforms Earnings Mix

Wave Life Sciences: Obesity Drug Advances To Phase 2 With Potential For Fat Loss Without Muscle Loss

AAON: Robert L. Buttermore III And Patrick J. Jermain Appointed To Expanded Board

Alnylam: AMVUTTRA Revenue Tops $1 Billion, But Pent-Up Demand Normalization Triggers Guidance Cut

Regeneron: Dupixent Sales Reach $6 Billion As Sanofi Repayment Unlocks Profit And Cash Flow Inflection

Cycurion Lands $54.6 Million 10-Year Contract With Top-5 Global Consulting Firm

Rocket One Licenses NASA Avionics Technology To Build AI-Powered Space Mission Platform

American Electric Power: New Large Customers Expected To Offset Up To $16 Billion In Residential Costs

Terex: Materials Processing Margin Surges As Tariffs Weigh On Aerials Profitability

Bristol Myers Squibb: Growth Portfolio Surpasses Legacy Medicines As Revenue Outlook Rises By Up To $3 Billion

Zoi: Interview With North America Managing Director Danilo Kirschner About AI-Enabled Cloud Transformation

Crexendo Names Chris Aaker Chief Technology Officer In Planned Leadership Succession

DXC Technology Names Paul Taylor President As Company Accelerates AI-Centric Strategy

Nordson Names Matthew Matejka To Lead Investor Relations As Lara Mahoney Takes New Leadership Role

Wyyerd Fiber Launches Internet Speeds Up To 8 GIG In Sahuarita

Google: Gemini Robotics ER 2 Adds Multi-Robot Collaboration And 91.3% Moment-Finding Accuracy