Pulse 2.0

Anthropic Reportedly In Talks To Acquire Decart AI For About $6 Billion

Nvidia Reportedly In Talks To Invest Up To $3 Billion In SB Energy As $100 Billion OpenAI Data Center Financing Takes Shape

Flutter Targets Another $500 Million Of Cost And Capex Savings By 2029 As Prediction-Market Business Could Generate $50 Million In 2026

Diodes Posts Sixth Consecutive Quarter Of Double-Digit Revenue Growth As AI Server Content Expands

Dine Brands: IHOP-Applebee’s Dual-Branded Locations Nearly Quadruple To 81

Shake Shack Opens 27 Locations In Q2 As System-Wide Sales Reach $625.8 Million And First-Half Property Investment Hits $104.9 Million

By Amit Chowdhry ● Today at 12:56 PM

Shake Shack opened 27 new restaurants in Q2 2026 as system-wide sales rose 13.8% to $625.8 million, while the company invested $104.9 million in property and equipment in the first half as it continued to accelerate expansion of its restaurant footprint.

Delek: Refining EBITDA Surges Nearly Fivefold To $566.2 Million As Crack Spreads Rise 136%

By Amit Chowdhry ● Today at 12:55 PM

Delek US Holdings’ refining adjusted EBITDA surged nearly fivefold to $566.2 million in Q2 2026 from $114.8 million a year earlier as substantially stronger refining margins and a 136% increase in benchmark crack spreads transformed the economics of its downstream operations.

Vanda Prepares BYSANTI Launch As Patent Protection Extends To 2044

By Amit Chowdhry ● Today at 12:50 PM

Vanda Pharmaceuticals is preparing to commercially launch BYSANTI during the second half of 2026 following FDA approval for bipolar I disorder and schizophrenia, with the therapy protected by data exclusivity into 2031 and patents extending as far as May 2044.

Energy Recovery Opens Saudi Manufacturing Plant With Full-Scale Operations Targeted By H1 2028

By Amit Chowdhry ● Today at 12:49 PM

Energy Recovery has opened a new manufacturing facility in Saudi Arabia that will ultimately produce its full line of pressure exchangers, with the company targeting full-scale operations during the first half of 2028 as it moves production closer to one of the world’s largest desalination markets.

Expedia Raises 2026 Revenue Outlook To As Much As $16.22 Billion After 14% Q2 Growth

By Amit Chowdhry ● Today at 12:49 PM

Expedia Group raised its 2026 revenue outlook to as much as $16.22 billion after Q2 revenue increased 14% year-over-year to $4.315 billion, with strong B2B growth, margin expansion and higher cash generation allowing management to lift several components of its full-year forecast.

Global Payments Operating Margin Reaches 42% In First Full Quarter As Pure-Play Commerce Company

By Amit Chowdhry ● Today at 12:48 PM

Global Payments generated a 42% normalized adjusted operating margin in Q2 2026, up 70 basis points year over year, in its first full quarter operating as a pure-play commerce solutions provider following the Worldpay acquisition and the disposition of its Issuer Solutions business.

NuScale Partner Advances TVA Talks For Potentially Largest Nuclear Deployment Program In U.S. History

By Amit Chowdhry ● Today at 12:47 PM

NuScale Power's exclusive global strategic partner ENTRA1 Energy is continuing discussions with the Tennessee Valley Authority toward a definitive power purchase agreement for what NuScale says could become the largest nuclear power deployment program in U.S. history.

Lucid Diagnostics Secured First Laboratory Benefit Manager Coverage Policy For EsoGuard During Q2

By Amit Chowdhry ● Today at 12:45 PM

Lucid Diagnostics secured its first laboratory benefit manager coverage policy for EsoGuard during Q2 2026, giving the esophageal precancer diagnostic a pathway to coverage across multiple commercial health plans as the company continues to await a potential Medicare coverage decision.

Amplifica Raises $26 Million Series B To Advance Injectable Hair Regrowth Therapies

By Amit Chowdhry ● Today at 12:45 PM

Amplifica Holdings Group has raised $26 million in an oversubscribed Series B financing to advance a pipeline of injectable treatments designed to reactivate dormant hair follicles and stimulate new hair growth. Tasso Partners led the round, with participation from Eli Lilly and Company, principals of Scopia Capital Management, and other new and existing investors.

Citizens Adds Doug Brockway To Lead Cybersecurity And Infrastructure Software Investment Banking After 125+ Deals

By Amit Chowdhry ● Today at 12:10 PM

Citizens Capital Markets & Advisory has added Doug Brockway as a managing director in its Technology Investment Banking group, strengthening the firm's coverage of cybersecurity and infrastructure software. Brockway will lead Citizens' Cybersecurity and Infrastructure Software practice and will be based in Boston.

Vals AI Raises $40 Million Series A At $400 Million Valuation As Revenue Grows 8x

By Amit Chowdhry ● Yesterday at 8:54 PM

Vals AI raised a $40 million Series A at a $400 million valuation as the company scales an independent AI evaluation platform that measures how well frontier models perform on real-world professional tasks. Andreessen Horowitz (a16z) led the round, with participation from existing investors 8VC and Bloomberg Beta and new investors HRT Ventures and Next Ladder Ventures.

Alex Cooper’s Unwell Reportedly Raises First Outside Funding At $500 Million Valuation From WTSL

By Amit Chowdhry ● Yesterday at 8:34 PM

Unwell, the media and entertainment company co-founded by "Call Her Daddy" host Alex Cooper and producer Matt Kaplan, has raised its first outside funding at a $500 million pre-money valuation as it looks to expand through acquisitions, investments and new business lines, according to Bloomberg.

1789 Capital Closes $1.2 Billion Debut Real Estate Fund Targeting More Than $8 Billion Of Sun Belt Development

By Amit Chowdhry ● Yesterday at 7:13 PM

1789 Capital has closed its inaugural Real Estate Development Fund with $1.2 billion in assets under management, giving the investment firm a sizable pool of capital to pursue more than $8 billion of projected real estate development across fast-growing U.S. markets.

Jasper-Kira Combination Creates Three-Asset Immunology Pipeline As $132 Million Financing Extends Runway Into H2 2028

By Amit Chowdhry ● Yesterday at 5:46 PM

Jasper Therapeutics has completed its acquisition of Kira Pharmaceuticals, creating a combined clinical-stage immunology company with three major development programs and access to resources in both the United States and China, while a concurrent $132 million financing is expected to fund planned operations through the second half of 2028.

Canton Strategic Super Validator Weight Could Increase 30-Fold Through 2028 As Locking Service Generates $1.3 Million

By Amit Chowdhry ● Yesterday at 5:42 PM

Canton Strategic Holdings could increase its active Super Validator weight as much as 30-fold through the first quarter of 2028 as the company scales its role within the Canton Network and begins generating meaningful operating revenue from a new Canton Coin locking service.

Lantern Pharma Says AI Cuts First-In-Human Drug Development Cost To $2 Million-$3 Million

By Amit Chowdhry ● Yesterday at 5:42 PM

Lantern Pharma says its artificial intelligence-driven drug development model has enabled the company to advance new oncology programs from initial AI-derived insights to first-in-human clinical trials for approximately $2 million to $3 million per program, substantially below what management describes as typical industry development costs.

LanzaTech’s Operating Expenses Fall 67% As Adjusted EBITDA Loss Improves 74%

By Amit Chowdhry ● Yesterday at 5:41 PM

LanzaTech reduced second-quarter operating expenses by 67% year over year as an extensive cost-reduction and organizational restructuring program helped the carbon management company narrow its adjusted EBITDA loss by about 74%.

Rein Therapeutics RENEW Trial Enrollment Runs Ahead Of Schedule As R&D And G&A Spending Decline

By Amit Chowdhry ● Yesterday at 5:41 PM

Rein Therapeutics has surpassed 25% enrollment in its global Phase 2 RENEW trial of LTI-03 for idiopathic pulmonary fibrosis, with enrollment running ahead of schedule and interim clinical data still expected during the second half of 2026 as the company simultaneously reduces R&D and administrative spending.

StablecoinX Cross-Chain Infrastructure Surpasses $3 Billion Of Verified Volume As ENA Treasury Reaches $218.4 Million

By Amit Chowdhry ● Yesterday at 5:39 PM

StablecoinX's cross-chain infrastructure has surpassed $3 billion in cumulative verified volume as the newly public stablecoin infrastructure company builds operating businesses around an ENA treasury representing approximately 20% of the token’s total supply.

Teamshares’ Portfolio Reaches $560 Million Of Pro Forma Revenue

By Amit Chowdhry ● Yesterday at 5:37 PM

Teamshares' trailing-12-month pro forma revenue reached approximately $560 million at the end of the second quarter of 2026 as the newly public company continues building a diversified portfolio of small and midsized businesses through its programmatic acquisition strategy.

Sigma Lithium Plans To More Than Double Capacity To 830,000 Tons By 2028 As EBITDA Margin Reaches Record 47%

By Amit Chowdhry ● Yesterday at 5:37 PM

Sigma Lithium plans to increase installed lithium oxide concentrate capacity to approximately 830,000 tons annually by the end of 2028, as record second-quarter profitability, lower production costs, and improving operating productivity support a multi-stage expansion of its Brazilian operations.

Suncrete Maintains Up To $480 Million Revenue Outlook Despite Wet Weather

By Amit Chowdhry ● Yesterday at 5:35 PM

Suncrete maintained its fiscal 2026 revenue outlook of $420 million to $480 million as strong construction demand across the U.S. Sunbelt and contributions from recent acquisitions helped offset unusually wet weather during the second quarter.

Replimune Raises $150 Million To Fund TUDRIQEV Launch And Confirmatory Trial

By Amit Chowdhry ● Yesterday at 5:34 PM

Replimune completed a $150 million financing as the biotechnology company prepares to commercially launch TUDRIQEV following FDA accelerated approval and continues the Phase 3 confirmatory trial required to support the treatment’s longer-term regulatory position.

Americas Gold And Silver Plans $45 Million To $60 Million Of Growth And Exploration Spending

By Amit Chowdhry ● Yesterday at 5:33 PM

Americas Gold and Silver plans approximately $45 million to $60 million of combined growth and exploration capital during 2026 as the company increases production capacity at its Galena Complex and conducts what management describes as the largest drilling campaign in its history.

Sinda Sees Potential For More Than 800 Million Silver-Equivalent Ounces With Only 38% Of Known Veins Drilled

By Amit Chowdhry ● Yesterday at 5:32 PM

Sinda says its existing mineral resources and conceptual exploration targets provide visibility to more than 800 million silver-equivalent ounces at its project in Mexico, even though drilling has covered only approximately 38% of known veins.

RLX Technology Gross Profit Jumps 47.8% As Gross Margin Expands 790 Basis Points

By Amit Chowdhry ● Yesterday at 5:31 PM

RLX Technology's gross profit rose 47.8% year over year in the second quarter of 2026 as a more favorable revenue mix and supply-chain optimization helped the global e-vapor company expand gross margin by 790 basis points.

Super League’s Sales Pipeline Per Seller Jumps 57% To $2.8 Million

By Amit Chowdhry ● Yesterday at 5:30 PM

Super League's weighted sales pipeline per seller for opportunities through the end of 2026 increased approximately 57% to $2.8 million as the audience intelligence and media activation company expands its commercial organization and integrates new advertising capabilities.

Data Storage’s Nexxis Gross Profit Rises About 22% On 9.3% Revenue Growth

By Amit Chowdhry ● Yesterday at 5:30 PM

Data Storage Corporation's Nexxis business increased Q2 gross profit by about 22% year over year as revenue from continuing operations rose 9.3%, giving the company a recurring-revenue operating base as it pursues a broader technology acquisition strategy.

VerifyMe’s Gross Margin Expands 1,900 Basis Points Despite 58% Revenue Decline

By Amit Chowdhry ● Yesterday at 5:29 PM

VerifyMe's gross margin rose 1,900 basis points to 54% in the second quarter of 2026, even as revenue fell 58%, reflecting shifting economics in the company’s logistics business as it transitions customers to a new strategic shipping partner and expands higher-value Premium services.

Upland Free Cash Flow Nearly Doubles To $5.3 Million Despite Revenue Decline

By Amit Chowdhry ● Yesterday at 5:28 PM

Upland Software generated $5.3 million of free cash flow during the second quarter of 2026, nearly double the $2.7 million generated a year earlier, even as reported revenue declined following a series of business divestitures completed in 2025.