Finance
Workday Shares Close 17.8% Higher on August 13 After Reuters Reports Silver Lake Buyout Talks
Reuters reported that private-equity firm Silver Lake has held months of talks about taking the HR and finance software maker private, at a valuation Reuters put at up to about $43 billion; both companies have not commented publicly and no deal has been announced.
Bank of America to Buy 26.5% of India's Jio Credit, Rising to Up to 49.9% If Warrants Are Exercised, for as Much as $1.9 Billion
Jio Financial Services said the U.S. bank will put up to 182.68 billion rupees into its lending unit through new shares and warrants, subject to regulatory approval.
CoreWeave Shares Close Up About 19% After Q2 Revenue Doubles to $2.58 Billion and Backlog Reaches $104.2 Billion
The AI cloud provider beat sales estimates and raised full-year guidance, while its net loss widened to $626 million on rising interest costs.
Supermicro Guides to $65-$72 Billion in Fiscal 2027 Revenue; Shares Rose 13% on Aug. 12 as Dell and HPE Also Gained
Super Micro Computer beat profit estimates but missed on quarterly revenue, and issued a fiscal 2027 sales forecast far above analyst consensus; several AI-hardware stocks rose the same day, though analysts differ on how much of that move Supermicro caused.
Trian Preparing Take-Private Bid for Wendy's, Reuters Source Says; Shares Rise as Much as 15% and Are Halted for Volatility
Nelson Peltz's Trian Fund Management is assembling an investor group to buy Wendy's outright, days after the chain cut its dividend, withdrew its 2026 outlook and reported a 7.0% drop in U.S. same-restaurant sales.
Alphabet Raises 2026 Capital Spending Forecast to $195–$205 Billion; Q2 Free Cash Flow Was Negative $5.85 Billion and Shares Fell About 6–7%
Alphabet's July 22, 2026 second-quarter report paired 24% revenue growth and 82% cloud growth with a higher AI spending plan and the company's first negative quarterly free cash flow since its 2004 IPO.
NFIB Small-Business Optimism Index Read 99.8 in July, Highest Since August 2025
The trade group's monthly survey rose 2.4 points, driven mostly by hiring plans, while its uncertainty gauge rose 2 points to 91 and 27% of owners named finding workers their top problem.
Riot Platforms Signs 20-Year, $9.1 Billion AI Data-Center Lease With Anthropic; Shares Rose 17% on Aug. 11
The bitcoin miner will rent 191 megawatts at its Rockdale, Texas campus to the AI lab through June 2048, with two five-year options that could lift the total to about $16.1 billion.
Boeing Agrees to Sell Wisk Aero, Insitu and SkyGrid to Archer Aviation for Stock Equal to 19.75% of Archer's Shares
Archer would pay in newly issued stock plus $200 million in warrants, and Boeing would also invest up to $55 million in Archer and license its autonomous-flight technology back.
Datadog Posts 36% Quarterly Revenue Growth and Says Its Largest Customer Will Cut Usage; Shares Fell 17% on Aug. 6, Rose About 10% on Aug. 10
Datadog beat estimates and raised its full-year outlook, but a warning about its biggest customer sent the stock to its largest one-day drop on record before a partial rebound four days later.
Senate Leaves for Recess Without Voting on Crypto Market-Structure Bill; Cloture Vote Set for Sept. 15
Majority Leader John Thune filed cloture on the Digital Asset Market Clarity Act before the August break, scheduling a first procedural vote for 2:15 p.m. on September 15, with disputes over ethics rules and stablecoin yield still unsettled.