August 12, 2026
• Inflation eased for the second consecutive month, rising at a 3.4% annual pace in July, in line with economists' expectations
• $CRWV shares jumped after reporting second-quarter revenue doubled to $2.58 billion and a record $104 billion order backlog
• $NBIS rallied following its second-quarter earnings report in which total revenue surged on AI cloud revenue and expansion in large customer contracts. The company reaffirmed full-year 2026 revenue guidance and raised year-end contracted power targets
• $CAVA shares surged after the Mediterranean fast-casual chain reported better-than-expected second-quarter earnings
• $GOOGL unveiled its new Pixel 11 smartphone lineup, spotlighting Gemini Intelligence, which the company believes could change how people interact with smartphones