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Hancock Whitney Posts Strong Q2 Earnings Growth

Hancock Whitney reported Q2 2026 net income of $127 million ($1.55 per diluted share), up from $47.4 million in Q1 after excluding a prior $98.6 million restructuring charge, with 10% linked-quarter loan growth and 8% deposit growth. The bank expects to close the One Florida Bank acquisition on August 1, 2026, maintain mid-single-digit loan and deposit growth, and project continued NII growth and efficiency improvements as it integrates the new footprint.

9 sources

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Nvidia launches Spectrum-6 for AI data centers

Nvidia unveiled Spectrum-6, a 102.4 Tbps Ethernet platform for the Vera Rubin AI supercomputer, doubling capacity to speed training and inference for large-scale AI workloads, with early adopters including CoreWeave, Microsoft, Nebius, SpaceXAI, and Tesla. The announcement saw Nvidia stock rise about 2%, while AMD touted its rival Helios Rackscale Solution with Microsoft and other big players joined by Meta, OpenAI, and Oracle.

6 sources

Apple Launches Klarna-backed Upgrade Leasing

Apple is launching the Apple Upgrade device-leasing program, backed by Klarna, set to debut in the U.S. on July 28 with 24-month leases for iPhone and Apple Watch and 36-month leases for Mac and iPad, allowing early upgrades, payoff, or returns as it phases out the current iPhone Upgrade Program. The move, aimed at expanding financing options and customer access to the latest devices, accompanies exclusions such as AppleCare and some devices, and signals Klarna’s growing role in Apple’s device-financing strategy.

23 sources

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Microsoft funds Mistral Europe expansion

Microsoft and French AI firm Mistral are expanding a multibillion-dollar partnership to deploy Mistral’s Europe-based GPU infrastructure and open models across Azure, Azure Local, and Foundry, boosting European capacity while preserving access to U.S. software and security features. The deal aims to reduce reliance on U.S. technology, support regulated industries, and accelerate broader deployment of Mistral’s Medium 3.5 and OCR 4 models, with Nvidia GPUs and European data sovereignty at its core.

15 sources

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Powerlaw Plans 4.3M Share Buyback

Powerlaw Corp. (PWRL) disclosed a 12-month share repurchase program to buy up to 4,324,293 shares, representing 10% of outstanding stock, but only when the shares trade at a 5% or greater discount to NAV. While the news sparked roughly a 4% pre-market uptick, the program's meaningful impact depends on the stock remaining sufficiently below NAV to enable repeated repurchases.

6 sources

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Alpha DaRT Pembrolizumab Combo Shows 100% Response

Alpha Tau Medical reported positive data from a single-center study of Alpha DaRT combined with pembrolizumab in elderly patients with locally advanced or metastatic head and neck cancer, achieving a 100% systemic objective response rate and an 18.2-month median overall survival with no serious Alpha DaRT-related adverse events. The results, presented at the AHNS conference in Boston, exceeded historical pembrolizumab benchmarks and support continued trials and the company’s strategic push in immuno-oncology, with analyst notes highlighting a Buy rating for DRTS.

7 sources

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Kratos Wins $156M Mobile C-UAS Contract

Kratos Defense & Security Solutions won a roughly $156 million sole-source IDIQ contract from the U.S. Department of Energy's National Nuclear Security Administration to deliver mobile Counter-Unmanned Aircraft System platforms for Project Solar Shield, with work starting immediately. Insider activity shows $8.8 million in shares sold over the last three months, and the stock trades at an extremely high P/E around 270x, signaling strong growth expectations but potential valuation concerns.

7 sources

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Marsh & McLennan Q2 Revenue Up 6%

Marsh & McLennan reported Q2 2026 revenue of $7.4 billion, up 6%, with adjusted EPS of $2.96 (up 9%) as CEO John Doyle cited strong demand across risk, people, strategy and investments. The six‑month results showed revenue of $15.0 billion and adjusted EPS of $6.25, with Risk & Insurance Services posting $4.8 billion in quarterly revenue and consulting up 10%, while the company also expanded shareholder value via a 4.5 million share repurchase and a 10% dividend hike.

10 sources

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Kraft Heinz, Disney Strike Multiyear Theme Park Deal

Kraft Heinz and Disney have announced a long-term, multi-year alliance to place ten Kraft Heinz brands—including HEINZ, Philadelphia, and Kraft Mac & Cheese—into Disney Parks, Disney Cruise Line, and Disney media, with new condiment stations, co-branded packaging, and integrated marketing across platforms. The partnership launches this summer and includes previews at D23 2026, signaling Kraft Heinz's push to revive sales through immersive, branded experiences across Disneyland, Walt Disney World, and related media ventures.

7 sources

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Ceragon Secures Five-Year, $70 Million APAC Network Deal

Ceragon announced a five-year, approximately $70 million deal with a Tier-1 Asia-Pacific mobile operator to supply transport solutions and deploy IP-50 series and E-band technologies for nationwide 4G/5G networks, along with dedicated technical support and potential expansion to Ceragon Insight managed services. The deal strengthens Ceragon’s APAC footprint and attracted investor attention, with shares rising on the news and trading around $2.24.

7 sources

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Danaher Q2 Profit, Revenue Up on Life Sciences

Danaher posted strong Q2 2026 results with net income of $870 million and revenue around $6.265–$6.3 billion, as adjusted earnings per share reached $1.94 on 5.5% revenue growth, led by Life Sciences. The company raised full-year guidance, signaling mid-single-digit core revenue growth and higher EPS targets, aided by acquisitions like Masimo and planned StatLab integration.

18 sources

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Wintrust Q2 Profit Rises to $225M

Wintrust Financial posted solid Q2 results with $225.3 million in net income and $3.30 per share on revenue of about $961 million, a year-over-year rise driven by loan and deposit growth. The bank also reported record first-half net income for 2026, driven by strong net interest income and ongoing balance-sheet expansion, and beat consensus estimates for quarterly earnings per share.

15 sources

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Trump Signs Proclamation to Boost US Aluminum Industry

President Trump moved to shore up domestic aluminum by directing the Commerce Secretary to create incentives for building, expanding, or refurbishing U.S. smelters and by pursuing onshoring plans that grant reduced tariffs for approved production. He also overhauled the Section 232 tariff regime to cut duties temporarily, expand country-specific carve-outs and broaden the definition of eligible products, part of a broader push to reinforce national security and the aluminum industrial base.

9 sources

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FinWise Bancorp completes Tallied acquisition, owns card tech stack

FinWise Bancorp expanded its card technology stack by acquiring Tallied Technologies, gaining end-to-end control of its credit card issuance, processing, and servicing with a cloud-native platform. The deal, funded with cash on hand, is not expected to materially affect capital ratios, though integration costs are anticipated over the next year as Tallied’s team joins FinWise.

10 sources

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Trump Tightens Waivers in Defense Supply Chains

"President Donald Trump signed an executive order to tighten defense procurement rules by curbing waivers, requiring contractors to prove domestic sourcing, disclose material origins, and submit mitigation plans while the Pentagon maps supply chains and replaces unreliable suppliers. The move targets reducing reliance on China and other adversaries by accelerating domestic production of critical minerals and related components, with enforcement mechanisms and a planned effective date to phase out prohibited foreign sources.

13 sources

Metropolitan Bank Plans $0.35 Quarterly Dividend, Payable Aug 11 2026

Metropolitan Bank Holding Corp. announced a quarterly cash dividend of $0.35 per share, up from $0.25, payable August 11, 2026 to holders of record as of July 31, 2026, signaling stronger cash flow and a shareholder-friendly capital return. While the bank trades with a modest valuation around a 12x P/E and a roughly $1.22 billion market cap, coverage notes include insider selling in the prior three months, which may temper enthusiasm despite the higher dividend.

6 sources

Karooooo Beats Q1 Estimates as FX Hits Shares

Karooooo Ltd CS beat Q1 FY2027 expectations driven by a 21% constant-currency rise in Cartrack subscription revenue and a 70% surge in net subscriber additions to over 2.8 million, with ARR up 32% in USD terms despite rand headwinds. The results reaffirm the full-year outlook, with continued growth in subscription revenue and subscriber base, though the stock’s after-hours reaction was muted amid broader market dynamics and profit-taking.

7 sources

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AST SpaceMobile Plans $1B Convertible Notes Due 2034

{"summary": "AST SpaceMobile unveiled plans to raise up to $1 billion in convertible senior notes due 2034, with an option to sell up to $150 million more, to fund growth, secure launch capacity, and pursue partnerships or acquisitions while financing capped call transactions. The move comes as the company carries substantial liquidity but faces investor concerns about cash burn and potential dilution, even as it aims to support its space-based cellular network expansion.", "summary_sources": ["https://www.benzinga.com/trading-ideas/movers/26/07/60485919/ast-spacemobile-stock-tumbles-on-1-billion-offering", "https://www.tipranks.com/news/catalyst/ast-spacemobile-sinks-after-massive-debt-raise-plan", "https://www.stocktitan.net/sec-filings/ASTS/8-k-ast-space-mobile-inc-reports-material-event-d73bdb8682f3.html", "https://www.stocktitan.net/news/ASTS/ast-space-mobile-announces-proposed-private-offering-of-1-0-billion-k7kffvmgauo0.html", "https://www.benzinga.com/news/26/07/60484598/ast-spacemobile-plans-offer-1b-senior-notes-due-2034"]}

11 sources

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AppleCare+ Price Increase Hits New Mac, iPad Plans

Apple has raised AppleCare+ prices for new Mac and iPad subscribers by 50 cents per month and $5 per year, while existing customers keep their current rates; the changes apply to Macs and iPads and come amid broader anticipated hardware price increases, with iPhone pricing expected later. The move follows ongoing adjustments in Apple’s service and product pricing strategy to offset rising costs.

9 sources

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Apple plans Maps ads rollout in US, Canada

Apple is rolling out Maps ads with a selective, 'organic-looking' approach, banning broad home-services categories and certain high-risk industries while evaluating medical ads case-by-case, signaling a focus on trusted, physically visitable locations as it delays a formal launch to this summer in the U.S. and Canada with a policy effective July 14, 2026. The strategy contrasts with Google’s Local Services Ads by prioritizing ad quality and brand safety over rapid expansion, aiming to simplify verification and reduce friction for advertisers.

15 sources

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Thinking Machines Inkling Open-Weights AI for Enterprise

Thinking Machines Lab unveiled Inkling, a 975-billion-parameter open-weight model led by Mira Murati, designed for enterprise customization with downloadable weights and a Tinker platform for fine-tuning; it uses a mixture-of-experts architecture to balance efficiency and task-specific performance while signaling uncertainty. The company positions Inkling as a flexible alternative to closed models from OpenAI, Google, and Anthropic, and as a competitive option against Chinese open models.

16 sources

Switch plans $10B IPO with Goldman Sachs, JPMorgan

Switch is lining up an IPO that could raise up to $10 billion and value the company at about $80 billion including debt, with Goldman Sachs and JPMorgan Chase as lead underwriters and a potential fourth-quarter listing. The move highlights robust demand for AI infrastructure and data-center capacity, as Switch serves major clients and expands its role in the AI compute ecosystem.

8 sources