NELSON PELTZ PREPARES TAKE-PRIVATE BID FOR WENDY’S Trian Fund Management, Wendy’s largest shareholder with a 16% stake, is assembling a consortium that could include BlueFive Capital and major franchisee Flynn Group. A formal offer could come in the coming weeks, though talks may still shift or fall apart, per FT.

LAKERS TO BE SOLD FOR $12B Josh Kushner and Bob Iger are set to buy the Los Angeles Lakers from Mark Walter for more than $12B, a record-breaking price, per ESPN. The pair had been pursuing an NBA expansion opportunity in Las Vegas before pivoting to make an aggressive bid for the Lakers.

$GOOGL HIKES PIXEL 11 PRICES ON MEMORY CRUNCH Google unveiled the Pixel 11, 11 Pro, 11 Pro XL and 11 Pro Fold, raising prices by $100 vs. the prior generation due to a “severe” memory crunch. The lineup starts at $899, while the foldable starts at $1,899. Google also debuted the Pixel Watch 5 at $399, adding insulin-resistance tracking, a first for the category.

$NBIS CEO asked what xAI selling compute at premium prices means for them: The whole AI cloud market is growing massively, from 100s of billions of $$$ per year to probably a trillion... The market as a whole is growing by 10s of gigawatts per year. The hyperscalers build a lot of this, but even they definitely cannot build all of it. Somebody needs to build the rest of the market. And that will be us. New players coming to the market don't change the market for us. They actually just validate the market.

ALEX COOPER’S UNWELL VALUED AT $500M Unwell, the media company founded by married couple Alex Cooper & Matt Kaplan, has raised its 1st outside investment from Patrick Whitesell’s WTSL. It has been profitable since launch and reaches 70M women monthly. Built around Cooper’s flagship “Call Her Daddy” podcast, which has a SiriusXM deal worth up to $125M over three years. The company has since expanded into streaming shows, YouTube, live events and consumer products. Cooper and Kaplan remain majority owners.

$HD CEO TED DECKER TAKES TEMPORARY MEDICAL LEAVE Home Depot expects Decker to return within the next few months. During his absence, Ann-Marie Campbell will oversee day-to-day operations, while CFO Richard McPhail will handle financial management and the co’s Pro subsidiaries.

$NBIS just laid out what its AI capacity is actually selling for: Mid-term deals (1–3 years): $20–25M per MW, with upfront payments covering 50–60% of the associated capex. Short-duration deals (up to 6 months): $40–50M per MW, and sometimes even higher. Its first capacity auction cleared 15% above the highest price it had ever charged for Blackwell. “We could sell our entire 2027 capacity on these terms today. We are deliberately not doing so because we see higher value in retaining some capacity for immediate customer needs.”

$NBIS on the Vineland, NJ site and the switch to $BE: "The amendment to the site layout plan was a result of the decision to switch the project's power source to Bloom. The switch to Bloom significantly enhances the project... It's an on-site power solution, delivering reliable power quietly and with ultra-low emissions." "These types of hearings are all part of the normal process... We're confident that the layout complies with all applicable local, state and federal laws and regulations, and we're optimistic that once the public has been heard, this will move quickly to approval." On the buildout: "Construction of the building itself finished earlier this summer, engineering fit-out is progressing well, and Bloom fuel cell deployment should be fast... The switch to Bloom has been a valuable and a good pivot for the project, with no significant impact expected on the project timeline."

NEBIUS $NBIS Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $582.3M (Est. $573M) 🟢; +454% YoY 🔹 Adj. EBITDA: $236.2M (Est. $175M) 🟢; LY -$21M 🔸 “We could sell our entire 2027 capacity on these terms today. We are deliberately not doing so because we see higher value in retaining some capacity for immediate customer needs.” Reaffirms FY26 Guide: 🔹 Customer Prepayments: >$9B expected in 2026 🔹 Contracted Capacity: 5 GW (Prior: >4 GW) 🔹 Reaffirmed across all metrics Other Q2 Metrics: 🔹 Diluted EPS: -$0.68 (Est. -$0.62) 🔴 🔹 Net Income: -$190.4M (Est. -$183M) 🔴 🔹 Average Annual Contract Value: $20M+ per MW 🔹 AI Cloud Revenue: $575M (+514% YoY) 🔹 Adj. Net Loss: -$33.2M; -64% YoY 🔹 Operating Cash Flow: $2.25B; LY -$167.7M 🔹 Cash: $8.04B

SIMILARWEB $SMWB Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $77.2M (Est. $75.5M) 🟢; +9% YoY 🔹 Adj. EPS: $0.06 (Est. $0.03) 🟢; +500% YoY 🔹 GAAP Operating Profit: $0.7M 🔹 Non-GAAP Operating Profit: $6.5M; +171% YoY Raises FY26 Guide: 🔹 Revenue: $314M-$318M (Est. $310M) 🟢 🔹 Non-GAAP Operating Profit: $24M-$26M Q3 Guide: 🔹 Revenue: $80.5M-$82.5M (Est. $78.8M) 🟢 🔹 Non-GAAP Operating Profit: $7.5M-$9.5M Other Q2 Metrics: 🔹 Overall NRR: 100%; flat YoY 🔹 RPO: $345.3M; +26% YoY 🔹 Non-GAAP Operating Margin: 8%; +500 bps YoY 🔹 Free Cash Flow: $8.7M; +222% YoY Comments: 🔸 “Commercial demand for our AI-related data and solutions is strong, and an expanding pipeline of opportunities gives us confidence to raise our guidance for the second time this year.” 🔸 “We generated $8.7 million in normalized free cash flow, our eleventh consecutive quarter of positive normalized free cash flow, while delivering an 8% non-GAAP operating margin and our first ever quarter of GAAP operating profit.”

TRIMBLE $TRMB Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $972.0M (Est. $952M) 🟢; +11% YoY 🔹 Adj. EPS: $0.86 (Est. $0.80) 🟢 🔹 ARR: $2.5B; +14% YoY 🔹 Adj. EBITDA: $278.0M (Est. $262M) 🟢 FY26 Guide: 🔹 Revenue: $3.9B-$3.95B (Est. $3.9B) 🟡 🔹 Adj. EPS: $3.60-$3.70 (Est. $3.59) 🟢 🔹 GAAP Loss/Share: $0.07-$0.12 Q3 Guide: 🔹 Revenue: $953M-$978M (Est. $960M) 🟡 🔹 Adj. EPS: $0.83-$0.88 (Est. $0.87) 🟡 Segment Revenue: 🔹 AECO: $388.5M 🔹 Field Systems: $442.5M 🔹 T&L: $141.0M Other Q2 Metrics: 🔹 Non-GAAP Operating Income: $260.6M 🔹 GAAP Gross Margin: 69.4%; +110 bps YoY 🔹 Non-GAAP Net Income: $200.3M Capital Return: 🔹 New Share Repurchase Authorization: $1.0B Key Updates: 🔹 Goodwill Impairment: $562.0M related to the T&L segment Comments: 🔸 “Trimble is well positioned to accelerate AI-enabled value for customers and shareholders.”

BRINKER $EAT Q4’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $1.5B (Est. $1.53B) 🟡; +5% YoY 🔹 Adj. EPS: $3.07 (Est. $3.09) 🔴; +23.3% YoY 🔹 Adj EBITDA: $227.6M (Est. $233M) 🔴 🔹 Comp Sales: +5% YoY FY27 Guide: 🔹 Revenue: $6.15B-$6.27B (Est. $6.15B) 🟡 🔹 Adj. EPS: $12.60-$13.40 (Est. $12.52) 🟢 🔹 CapEx: $265M-$285M 🔹 Diluted Shares: 42M-43M Segment Net Revenue: 🔹 Chili’s: $1.4B; +6% YoY 🔹 Maggiano’s: $112.8M; -8% YoY Other Q4 Metrics: 🔹 Chili’s Comparable Sales: +5.6% YoY 🔹 Operating Income: $167M (Est. $177M) 🔴 🔹 Net Income: $131.1M (Est. $136M) 🔴; +23% YoY 🔹 Restaurant Operating Margin: $273.4M; +6% YoY 🔹 Restaurant Operating Margin as a % of Company Sales: 18.0% Capital Return: 🔹 Common Stock Repurchases: $400M 🔹 Share Repurchase Authorization: $750M Business Highlights: 🔹 Chili’s Acquisition: 12 restaurants in Alabama and Mississippi Comments: 🔸 “Q4 2026 completes five consecutive years of Chili's same-store sales growth, delivering an unprecedented 71% cumulative increase over that time,” 🔸 “Our strong brand relevance, industry-leading value proposition, streamlined operations, and significant restaurant investments have created a competitive moat that positions Chili's to deliver sustainable, profitable growth.”

SpaceX IPO lockup expires today More than 911M $SPCX shares, worth about $98B at recent prices, are now eligible to trade. That represents roughly one-fifth of the shares under lockup. Eligibility does not mean all will be sold, and more unlocks will follow.

SOFTBANK’S $2B INTEL BET DELIVERS ¥1.33T QUARTERLY GAIN SoftBank’s April-June net profit fell 18% YoY to ¥347.3B, but still beat the ¥148.4B consensus. Total investment gains reached ¥1.85T, including a ¥1.33T gain on Intel after its shares more than tripled during the quarter. Vision Fund gains fell 65% to ¥255.7B, while OpenAI’s valuation remained unchanged. SoftBank has now committed more than $64B to OpenAI for a stake of around 13%. CFO Yoshimitsu Goto defended the investment, saying OpenAI retains an “overwhelming first-mover advantage” among consumers. SoftBank also plans to begin construction this year on its 10GW Ohio data center project and is in advanced talks with customers over long-term capacity leases. Goto dismissed AI overbuild concerns, pointing instead to an “overwhelming shortage” of computing capacity. Source: Nikkei Asia