Key macro instruments that drive tech market movements: yields, dollar, risk appetite
SNDK, NVDA, SKHY, ASML Stocks Extend Slide Overnight Amid China's AI Challenge, Tech Rotation
SNDK, NVDA, SKHY, and ASML stocks have all extended their slide overnight, reflecting growing concerns over China's advancements in AI technologies and the strong market debut of the country's largest memory chip firm. This development signals a significant challenge for U.S. semiconductor companies, as they face increased competition from Chinese firms that are rapidly innovating and capturing market share. The strong listing of the memory chip firm not only highlights the potential of China's semiconductor industry but also raises questions about the sustainability of U.S. dominance in this critical sector. Investors should note that this shift in sentiment could lead to a broader tech rotation, as market participants reassess their positions in U.S. tech stocks in light of these emerging threats. The implications for the semiconductor sector are particularly pronounced, as companies like Nvidia and Sandisk may struggle to maintain their growth trajectories amid heightened competition. Furthermore, this situation underscores the importance of monitoring geopolitical dynamics and technological advancements in China, which could reshape the competitive landscape. As the market digests these developments, volatility in tech stocks is likely to persist, prompting investors to adopt a more cautious approach. Overall, the current environment calls for a reevaluation of investment strategies within the tech sector, particularly for those heavily weighted in semiconductor stocks.
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US Stock Futures Retreat Amid Chip Pressure Even As Oil Pulls Back On Iran Optimism: APLD, CAPR, NVDA, AMKR In Focus
US stock futures are retreating as the semiconductor sector faces pressure, which is particularly relevant given the ongoing earnings reports from major hyperscalers like Amazon, Apple, Meta, and Microsoft. This week’s earnings will be critical in shaping investor sentiment, especially as these companies are key drivers of tech market performance. Nvidia, a leader in the chip industry, is under scrutiny as its stock reacts to broader market dynamics and supply chain concerns. The performance of companies like APLD, CAPR, and AMKR will also be closely watched, as they could indicate trends in the semiconductor space and its impact on tech valuations. The retreat in stock futures suggests that investors are cautious, potentially anticipating mixed results from the upcoming earnings reports. Additionally, the pullback in oil prices, driven by optimism surrounding Iran, may provide some relief to inflationary pressures, but it does not alleviate the immediate concerns in the tech sector. Investors should note that any disappointing earnings from the hyperscalers could exacerbate the current pressure on tech stocks, leading to a broader market correction. Conversely, strong results could bolster confidence and provide a much-needed boost to the sector. Overall, the interplay between semiconductor performance and earnings outcomes will be pivotal in determining the trajectory of tech stocks in the near term.
1h ago
Nvidia’s potential new deal with OpenAI would revive a spooky tech-bubble habit, analyst warns
Nvidia's potential new deal with OpenAI, which involves backing a data-center lease, signals a significant shift in the tech landscape, particularly in the AI sector. This arrangement, if finalized, would mark the largest of its kind, underscoring Nvidia's pivotal role in powering AI advancements. However, this move raises concerns about a return to speculative behaviors reminiscent of past tech bubbles. Investors should be cautious, as such large-scale commitments can inflate valuations and create unsustainable market dynamics. The implications for Nvidia's stock are profound; while it may initially boost investor confidence, the long-term sustainability of such deals remains in question. The broader tech sector could experience volatility as market participants reassess the fundamentals behind these high-stakes partnerships. As companies like Nvidia continue to push the envelope in AI, the risk of overvaluation looms large, potentially leading to a correction if growth expectations are not met. This situation calls for a careful evaluation of investment strategies, particularly in high-growth tech stocks that may be susceptible to market sentiment swings. Ultimately, while Nvidia's ambitions in AI are commendable, the specter of a tech bubble should not be ignored, and prudent investors will need to navigate these waters with caution.
2h ago
Wall Street ends mixed as investors focus on tech earnings
Wall Street closed with mixed results as investors turned their attention to upcoming earnings from major tech companies, including Microsoft, Amazon, Meta, and Apple. The Dow gained half a percent, while the S&P 500 remained virtually flat, and the Nasdaq experienced a slight decline. Notably, Apple is the only one of these giants to have seen significant gains this year, raising concerns about the sustainability of returns amid substantial AI investments. If these companies fail to meet earnings estimates, we could witness a sell-off, with profit-taking likely from both hedge funds and retail investors who have enjoyed gains of 10 to 15% this year. The sentiment suggests a cautious approach to tech stocks, particularly those that have surged over the past 18 to 24 months, as opportunities appear limited. In contrast, sectors such as auto manufacturing and defense are gaining traction, indicating a potential shift in investor focus. The Philadelphia semiconductor index has extended its recent selloff, down over 2% and 21% from its June record high, which reflects growing concerns about competition, particularly from Chinese chipmakers like CXMT. This intensifying competition could pose challenges for the U.S. semiconductor industry moving forward. Additionally, oil prices have dipped following comments from President Trump regarding negotiations with Iran, impacting energy stocks like Occidental Petroleum and Exxon Mobil. As traders await the Federal Reserve's policy meeting, with a strong likelihood of unchanged rates, the overall market sentiment remains cautious, particularly in the tech sector, where earnings results will be pivotal in shaping future investment strategies.
4h ago
Dow Ends Higher On Support From Weak Oil, But AI Concerns Weigh On Nasdaq, S&P 500 — ASML, MSFT, NVDA, AMZN, PSKY In Focus
The Dow has ended higher, buoyed by a decline in oil prices, which typically alleviates inflationary pressures and supports broader market sentiment. However, concerns surrounding artificial intelligence are weighing heavily on the Nasdaq and S&P 500, indicating a divergence in market performance that investors should closely monitor. The development of deep ultraviolet lithography machines by China marks a significant advancement in semiconductor manufacturing capabilities, potentially intensifying competition in the tech sector. This move could impact key players like ASML, which currently dominates this technology, and may lead to shifts in market dynamics as Chinese firms ramp up production. Companies such as Microsoft, Nvidia, Amazon, and PSKY are likely to feel the ripple effects of these developments, particularly as they navigate the evolving landscape of AI and semiconductor supply chains. Investors should be cautious, as the interplay between geopolitical developments and technological advancements could create volatility in tech stocks. The current environment suggests that while some sectors may benefit from lower oil prices, the overarching concerns regarding AI and competition in semiconductor technology could pose risks to growth. As we assess the implications of these factors, it becomes clear that a nuanced approach to investing in tech is essential. The market's reaction to these developments will be critical in shaping the outlook for the sector in the coming months.
4h ago
Cloudflare (NET) Laps the Stock Market: Here's Why
Cloudflare closed at $265.61, reflecting a 1.32% increase from the previous trading day. This upward movement indicates strong investor confidence in Cloudflare's business model and growth potential within the competitive cloud services market. As companies increasingly prioritize cybersecurity and performance optimization, Cloudflare's offerings position it favorably against competitors. The stock's resilience in a fluctuating market suggests that investors are recognizing the value of its innovative solutions. This performance could attract further institutional investment, bolstering its market capitalization and enhancing liquidity. Additionally, a consistent upward trend in Cloudflare's stock price may signal to other tech firms the importance of agility and adaptability in their service offerings. As the tech sector continues to evolve, companies that can effectively address emerging challenges will likely see similar positive market responses. Investors should closely monitor Cloudflare's future earnings reports and strategic initiatives, as these will provide deeper insights into its long-term trajectory. Overall, Cloudflare's recent performance underscores the growing importance of cloud infrastructure and security in the broader tech landscape.
5h ago
(CSE: CYBT) (OTCQB: CYBCF) Cybeats Technologies Corp. announced the closing of its non-brokered private placement of 11,562,147 Common Shares at a price of C$0.17 per Common Share for aggregate gross proceeds of C$1,965,565. The private placement exceeded the Company's previously announced financing target of C$1.5 million. In connection with the Private Placement, the Company paid aggregate finder's fees of C$3,000 and issued 17,647 finder's warrants, each exercisable to acquire one Common Share at an exercise price of C$0.17 per Common Share for a period of one year from the date of issuance. All securities issued are subject to a statutory hold period of four months and one day from the date of issuance. The Company intends to use the net proceeds from the Private Placement to support sales and marketing initiatives, product commercialization activities and for general corporate purposes. Cybeats Technologies Corp. provides Software Bill of Material (SBOM) management and software supply chain intelligence technology. The news release contains forward-looking information relating to the anticipated use of proceeds of the Private Placement.
(NASDAQ:QUBT) Quantum Computing Inc. announced that the Company will host a conference call and webcast on Monday, August 10, 2026 at 4:30 p.m. Eastern Time to review the Company's operational progress for the second quarter ended June 30, 2026. The Company will release its second quarter 2026 financial results that day after the market closes. To participate in the call by phone, dial (888) 506-0062 approximately five minutes prior to the scheduled start time, or for international callers dial (973) 528-0011, using access code: 222858. A replay of the teleconference will be available until August 24, 2026, and may be accessed by dialing (877) 481-4010 or for international callers (919) 882-2331, using conference ID: 54283. Quantum Computing Inc. is a vertically integrated quantum company pioneering photonics and semiconductor manufacturing, and delivering accessible, scalable, and cost-effective quantum machines, photonics products, and advanced packaging. The Company provides foundry services for photonic chips and semiconductor manufacturing, and offers a vertically integrated portfolio spanning photonics and electronic components, subsystems, and full-stack systems. QCi's technologies are designed to operate at room-temperature with low-power requirements and enable practical deployment across high-growth markets, including high-performance computing, artificial intelligence, cybersecurity, aerospace and defense, and advanced sensing and imaging.
(NASDAQ:CTSH) Cognizant announced a strategic, five-year, enterprise-wide partnership with The Andover Companies, Inc. to scale its core and portal systems, unify its data, and help lay the foundation for responsible AI adoption in underwriting and claims. The agreement includes modernizing integration of Andover's core policy administration platform to its digital properties, building a new enterprise data platform, and strengthening the security of Andover's policyholder- and agent-facing digital portals, including support for NYDFS cybersecurity compliance. Cognizant will provide application and managed services across Andover's core system modernization achievement with a policy administration platform, including enhanced workflow, product & pricing enhancements, platform upgrades, and API modernization. The partnership will establish a governed, AWS-native enterprise data platform using a layered "Medallion" architecture to consolidate data from Andover's core systems, agency data management, and other sources into a single, trusted view. Security and compliance modernization will include identity access management and architecture hardening for Andover's MyAndover policyholder portal and independent-agent portal. The companies will collaborate on responsible AI exploration through a jointly run AI exploration workshop to scope near-term, high-value use cases for generative and agentic AI across underwriting, claims, and software development & quality assurance, with plans to prototype on Cognizant's Neuro® AI platform. Cognizant intends to introduce generative and agentic AI capabilities to help accelerate submission intake, triage FNOLs, and surface insights for underwriters and adjusters, always keeping a human in the loop.
(NASDAQ: DPRO; CSE: DPRO) Draganfly Inc. announced an exclusive strategic partnership with the Small & Rural Law Enforcement Executives Association (SRLEEA) to launch the SRLEEA Drone Implementation & Readiness Program, a member service designed to enable small, rural, and tribal law enforcement agencies to implement, operate, and sustain professional drone programs. The organizations formally executed an agreement ahead of the conference and will commemorate the partnership during a ceremonial signing at the 2026 Small & Rural Law Enforcement Executives Association Annual Conference in Orlando, Florida. The SRLEEA represents more than 90 percent of law enforcement agencies across the United States. The program provides agencies with policy development, standard operating procedures, governance frameworks, FAA Part 107 preparation, hands-on flight training, mission-specific operational instruction, and access to industry-leading drone platforms, sensors, software, accessories, implementation services, and lifecycle support. Full program details, course outlines, and enrollment information will be available on a dedicated landing page at draganfly.com/srleea/. The company projects economic benefits to Draganfly to be derived from this partnership, as stated in the forward-looking statements section. The SRLEEA Drone Implementation & Readiness Program supports a broad range of public safety missions, including search and rescue, missing persons investigations, tactical operations, disaster response, emergency management, crime scene documentation, collision reconstruction, critical incident assessment, and community safety initiatives.
(NASDAQ: RZLV) Rezolve Ai announced a historic first-half operating milestone, expecting first-half 2026 revenue to be approximately $127 million based on preliminary, unaudited management accounts. This compares with reported revenue of $6.32 million in H1 2025, representing nearly 20x year-on-year growth, and already exceeds Rezolve Ai’s total audited full-year 2025 revenue of $46.8 million by more than 2.7x. The company reaffirmed its full-year 2026 revenue guidance of approximately $360 million, representing approximately 7.5x audited full-year 2025 revenue. Final first-half 2026 results are expected to be released in September 2026. Rezolve Ai reported a global enterprise customer base of more than 1,000 customers and highlighted a recent partnership with Zilch, a fintech platform serving nearly 6 million customers. Management targets to exit 2026 with at least $500 million of annual recurring revenue. The company’s brainpowa™ commerce-tuned models are now available in Microsoft Foundry, and independently reviewed research demonstrated a 3.7x improvement in transparency compared with conventional large language model architectures.
(TSX: VLN) Velan Inc. announced a series of senior leadership appointments as part of the implementation of a streamlined organizational model of global corporate functions and regional business units designed to support the Company’s next phase of strategic growth. Laurent Pefferkorn has been appointed Chief Commercial Officer, Daniel Velan as Chief Product Officer, Victor Apostolescu as Vice President, Global Quality, Max Rogan as Chief Legal, Human Resources and Administrative Officer, Bryant Holt as Executive Vice-President and Managing Director, Americas, and William Toqueboeuf as Executive Vice-President and Managing Director, Europe, Middle East & Africa. The Company’s executive team now includes these officers, as well as Rishi Sharma, President and Chief Executive Officer, and Imran Gibbons, Chief Financial Officer. Velan Inc. reported sales from continuing operations of US$296.4 million in its last reported fiscal year. The Company employs 1,273 people and has manufacturing plants in 9 countries. Velan Inc. is a public company with its shares listed on the Toronto Stock Exchange under the symbol VLN. The company states these organizational changes represent an important step as they focus on the next phase of Velan’s strategic growth.
(NASDAQ: AIOT) Powerfleet, Inc. announced that it will hold a conference call on Monday, August 10, 2026, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the first quarter and fiscal year 2027 ended June 30, 2026. Financial results will be issued in a press release prior to the call. The conference call will be hosted by Powerfleet management, followed by a question-and-answer session. Participants can join the call toll free at 888-506-0062 or internationally at 973-528-0011 using access code 417796. The conference call will be broadcast simultaneously and available for replay via the investor section of the company's website at ir.powerfleet.com. Powerfleet has a primary listing on The Nasdaq Global Market and a secondary listing on the Main Board of the Johannesburg Stock Exchange (JSE). The company is headquartered in New Jersey, United States.
(NASDAQ: SHAZ) Sharon AI Holdings Inc. announced it will release its second quarter 2026 financial results after the market closes on Thursday, August 6, 2026. The company and its subsidiaries, referred to as "Sharon AI," describe themselves as a leading Australian Neocloud delivering high-performance computing infrastructure for artificial intelligence workloads. A conference call and webcast to discuss the results will be held on Thursday, August 6, 2026, at 4:30 p.m. ET. U.S. Dial-in for the call is 888-506-0062, International Dial-in is 973-528-0011, and the Conference ID is 376509. A replay of the webcast will be available at sharonai.com/investors following the event. Sharon AI primarily uses its Investor Relations page to disclose material non-public information and comply with Regulation FD. The company also notes it uses its X account (sharon__ai) and LinkedIn account (sharon-AI) to disseminate information.
(TSXV: ARGH) (OTCQX: ARGHF) Argo Corporation announced that it has closed a non-brokered private placement with long-term institutional investors, including a pension fund, for gross proceeds of approximately $10 million. Under the Private Placement, the Company issued 33,333,334 common shares at a price of $0.30 per common share for aggregate gross proceeds of $10,000,000.20. The securities issued are subject to a statutory hold period expiring November 25, 2026, in accordance with applicable securities laws. No finder’s fees or commissions were paid in connection with the Private Placement. The Private Placement remains subject to final acceptance by the TSX Venture Exchange. The Company intends to use the proceeds from the Private Placement to expand its Smart Routing™ transit network, fund research and development, and for working capital and general corporate purposes. The Company plans to execute expansion plans in Canada and pursue opportunities in the United States and internationally through its capital-efficient scaling model.
(NASDAQ:RKLB) Rocket Lab Corporation announced it has been awarded its largest launch contract to date, a $266 million multi-launch contract with the U.S. Space Force. The contract was awarded by the U.S. Space Force Space Systems Command’s Rocket Systems Launch Program (RSLP) and includes 12 suborbital launches, with up to six additional launches. The first launch of this contract is expected to take place no earlier than the end of 2026. Launches will primarily occur from a new Rocket Lab location at the Pacific Spaceport Complex-Alaska (PSCA) in Kodiak, Alaska, and will complement Rocket Lab’s existing launch sites at Launch Complex 1 in New Zealand, and Launch Complex 2 and Launch Complex 3 in Virginia. Rocket Lab’s Electron rocket is described as the world’s most frequently launched orbital small rocket, and its HASTE rocket provides hypersonic test launch capability for the U.S. government and allied nations. Rocket Lab’s spacecraft and satellite components have enabled more than 1,700 missions spanning commercial, defense and national security missions including GPS, constellations, and exploration missions to the Moon, Mars, and Venus. The company projects that its Neutron launch vehicle in development will unlock medium launch for constellation deployment, national security and exploration missions.
(LSE:IPO) Railways Pension Trustee Company Limited, acting by its agent Railway Pension Investments Limited ("Railpen"), announced that it is not intending to make an offer for IP Group plc. Railpen has engaged in discussions with the board of IP Group for several months but has been unable to reach agreement with the Board on the terms of a mutually acceptable proposal. This announcement falls under Rule 2.8 of the City Code on Takeovers and Mergers (the "Code"). Railpen reserves the right to set the restrictions in Rule 2.8 aside in certain circumstances, including with the agreement of the Board, if a third party announces a firm intention to make an offer for IP Group, if IP Group announces a Rule 9 waiver proposal or a reverse takeover, or if there has been a material change of circumstances as determined by the Takeover Panel. The announcement was released on 27 July 2026. N.M. Rothschild & Sons Limited ("Rothschild & Co") is acting as financial adviser to Railpen. RNS, the news service of the London Stock Exchange, provided this information and is approved by the Financial Conduct Authority in the United Kingdom.
(ASX: YOJ) Yojee Limited moved its proprietary MOSAIC freight forwarding and customs platform from pre-commercial validation into a formal commercial rollout during the June quarter. The company signed nine commercial MOSAIC contracts across its Early Adopters, Standard, Everest and Ignition tiers, with four customers now live and processing shipments in a production environment. Two MOSAIC Everest Founding Partners have signed 36-month contracts at locked founder rates, including an established Australian freight forwarder and customs broker and the Australian division of a large multinational freight consolidator. Yojee invested $1.11 million in MOSAIC development during the quarter, lifting full-year intellectual property investment to $2.9m. The company’s net operating cash outflow increased to $956,300 from $810,400 in the previous quarter, taking full-year operating outflow to $3.2m. Customer receipts were $85,000, down 23.1% from $110,500 in the March quarter, although quarterly sales increased 23% and full-year receipts reached $516,800. Refundable research and development offsets are expected through continued participation in the R&D Tax Incentive program.
(NASDAQ: NVTS) Navitas Semiconductor announced unaudited financial results for its second quarter 2026 ended June 30, 2026, reporting total revenue of $10.5 million, a 22% sequential increase from $8.6 million in the first quarter of 2026. GAAP gross margin for the quarter was 0.4%, compared to (9.3%) in the first quarter of 2026 and (11.8%) in the second quarter of 2025, while non-GAAP gross margin was 39.5%. The company reported a GAAP net loss of $228.2 million, which included a non-cash charge of $203.1 million from the final remeasurement of earnout liabilities, and ended the quarter with $557.4 million in cash and cash equivalents. High-power markets grew more than 50% year-over-year, and AI Infrastructure markets, including AI Data Centers and Grid and Energy Infrastructure, are projected to represent more than one-third of total sales by year end. Third quarter 2026 net revenues are expected to increase to $13.5 million, plus or minus $0.5 million, representing 28% sequential growth, with non-GAAP gross margin expected to be 39.7%, plus or minus 100 basis points. The company anticipates achieving mid-single-digit revenue growth for the full year and continued double-digit sequential growth in the third quarter. Navitas has introduced a new Isolated TO product family for 1.2 kV to 3.3 kV SiC MOSFETs and expanded its SiC portfolio with a 1.2 kV JFET product line to be released by early 2027.
(NASDAQ:APLD) Applied Digital Corporation reported fiscal fourth quarter 2026 revenues of $258.7 million, up 407% from the prior year comparable period, and a net loss attributable to common stockholders of $110.6 million, down 108% from the prior year comparable period. The company completed the separation of its Cloud Services Business, resulting in ownership of approximately 96% of ChronoScale Holdings Corporation (NASDAQ:CHRN), which is now an independent publicly traded accelerated-compute platform. Applied Digital signed three 15-year take-or-pay leases with a high investment-grade hyperscaler for a total of 810 MW of critical IT load, representing approximately $20 billion in base-term contracted revenue, with initial operations for Delta Forge 1 and Polaris Forge 3 expected to commence in calendar year 2027 and Delta Forge 2 in the first half of calendar 2028. The company completed a $2.15 billion private offering of 6.750% Senior Secured Notes due 2031 and closed a revolving credit facility of up to $550 million, arranged by Goldman Sachs and maturing in May 2029. As of May 31, 2026, Applied Digital had executed long-term leases representing approximately 1,410 MW of contracted critical IT load across five campuses, representing approximately $36 billion of total contracted revenue over the initial 15-year base lease terms, or approximately $86 billion if all renewal options are exercised. The company generated $203.0 million in revenue from its HPC Hosting business for the quarter, including $44.1 million related to base rent, $152.4 million related to tenant fit-out services, and $6.5 million related to tenant recoveries. Applied Digital currently operates data centers totaling 286 MW for bitcoin mining across two North Dakota sites, generating $37.3 million in revenue from the Data Center Hosting Business segment for the quarter ended May 31, 2026.
(NASDAQ:BNAI) Brand Engagement Network, Inc. announced that the operations acquired through its June 30, 2026 acquisition of Cataneo GmbH generated approximately $5.3 million (USD) in revenue for the first half of 2026, according to preliminary unaudited information. Prior to the acquisition, BNAI's reported quarterly revenue was $104,311 in the first quarter of 2026 and $10,000 or lower in comparable prior-year periods. The Company expects to realize approximately $900,000 (USD) in annualized cost synergies over the twelve-month period ending June 30, 2027 through consolidations and related exits. The full first-half results of the acquired operations are not reflected in BNAI's historical consolidated financial statements for periods ending on or before June 30, 2026. The Company will consolidate the acquired business beginning with the date of acquisition and will provide updated consolidated results in its upcoming periodic filings with the Securities and Exchange Commission. The figures referenced are preliminary and unaudited and are subject to completion of the Company's financial closing procedures and the review of its independent registered public accounting firm. The Company does not currently expect the final results to differ materially from the preliminary information presented.
(OTCQB: NGTF) Nightfood Holdings Inc., doing business as TechForce Robotics, is building a solution aimed at solving the problem of robotic interoperability. Worldwide sales of professional service robots reached almost 200,000 units in 2024, marking a 9% increase, according to the International Federation of Robotics (“IFR”). The company has developed a proprietary Robotic Connective Network, alongside patent-pending technology designed to let robotic fleets and smart devices coordinate tasks on their own. Nightfood is positioned among leading companies in the AI robotics and automation space, including NVIDIA Corporation (NASDAQ: NVDA), Amazon.com Inc. (NASDAQ: AMZN), Tesla Inc. (NASDAQ: TSLA), and Symbotic Inc. (NASDAQ: SYM). The company's focus is on enabling robots to work together instead of operating alone or inside closed, manufacturer-specific systems. The growth of these companies is increasingly tied to the physical buildout of automated manufacturing, warehousing, or data center capacity.
(NASDAQ: ORBS) Eightco Holdings Inc. provided an update on its total holdings, highlighting a treasury composition totaling approximately $391 million as of July 26, 2026. The company's assets include $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, nearly 302 million WLD holdings, and $142M cash and equivalents. Eightco offers indirect exposure to private companies such as OpenAI and Beast Industries. OpenAI recently announced that it submitted a confidential S-1, setting itself up for a potential future initial public offering. The update was released on July 27, 2026. The company describes its position as spanning digital assets and strategic investments in leading private technology companies.
(NASDAQ: VTIX) Virtuix Holdings Inc. announced the launch of Omni One for Quest in collaboration with Meta, targeting both consumer and commercial markets. The company will review its upcoming Q1 fiscal 2027 results on August 13. Meta’s platform has over 20 million headsets sold, providing a large user base for Virtuix’s technology. Virtuix gains access to Meta’s developer community, store distribution, and an estimated 6 million active users. The company has optimized manufacturing and supply chain logistics to handle production of up to 3,000 units a month. This production capacity results in an estimated $100 million in annual revenue potential. Management frames the Omni One for Quest launch as the foundation of a multi-segment growth strategy accelerating Virtuix’s sales momentum.
(NASDAQ: YYAI) AiRWA Inc. announced that it has entered into a definitive agreement to acquire Hongkong Best Life Trade Co., Limited for a base purchase price of $50 million, with contingent earn-out payments based on specified financial milestones. Under the agreement, AiRWA will pay $30 million at closing and $20 million within 90 days of closing to purchase a 97% interest in Best Life through its holding company. Earn-out payments include $30 million if Best Life achieves revenue targets of $10 million for fiscal year 2026 and $50 million if revenue reaches $25 million for fiscal year 2027. Best Life operates in Japan, China, United Kingdom, United States, Canada, and New Zealand, and has formal cooperation agreements with Alibaba Health Hong Kong, AlipayHK, Tmall, Taobao, and Cainiao. Management projects annual revenue to exceed $100 million within the next three fiscal years. The acquisition is subject to customary closing conditions set forth in the agreement. AiRWA’s AI-focused subsidiary, 26 Rafael, continues to perform in line with management’s expectations and remains a key driver of long-term growth.
(TSXV: JJ) (OTCQB: JPOTF) Jackpot Digital Inc. announced it has signed an agreement to deploy eight (8) Jackpot Blitz® electronic poker tables at Pechanga Resort Casino just outside of Temecula, California. The order represents the largest single-property deployment to date for the Company. Pechanga Casino spans more than 200,000 square feet of gaming floor, features 5,500 slot machines, 151 table games, a AAA Four Diamond 1,100 rooms and suite resort, a championship 18-hole golf course, a 20,000-square-foot spa, a 4.5-acre pool oasis, a 1,200-seat theater, and a 3,400-seat entertainment and tradeshow venue. The eight-table installation at Pechanga Casino sets a new benchmark for scale and ambition for dealerless poker technology. Jackpot Blitz® features a 75-inch touchscreen interface and is fully automated, eliminating the need for a live dealer. The Company has announced installations and orders in Canada and throughout the United States, including Arizona, California, Louisiana, Michigan, Mississippi, Montana, New York, Oregon, Wisconsin, and the U.S. Virgin Islands, as well as multiple international jurisdictions. The company projects that as marquee properties like Pechanga Casino move forward with dealerless poker, other major casino operators are likely to look to this deployment as a reference point for their own expansion plans.
(NASDAQ:AZ) A2Z Cust2Mate Solutions Corp. announced that the company will release financial results for the second quarter ended June 30, 2026, after market close on Wednesday, August 12, 2026. A conference call to discuss the results will be held at 5:00 PM Eastern Time on the same day. The conference call may be accessed by dialing 1-877-317-6789 (U.S. toll-free), +972 3-374-1008 (Israel Tel Aviv), or 1-412-317-6789 (International). The live webcast of the call can be accessed using the provided link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=s59Aphpy. A2Z Cust2Mate Solutions Corp. makes in-store retail smarter by connecting retailers, brands, and shoppers at the Smart Cart. The company states that Cust2Mate transforms everyday shopping carts into AI-powered, connected commerce platforms and delivers actionable, real-time data that provides full visibility into in-store shopper behavior and decision-making. The company projects that its modular, state-of-the-art technology enables retailers to increase revenue, optimize store operations, and mitigate loss across their chains at scale.
(LSE:IPO) IP Group plc announced that Railways Pension Trustee Company Limited, acting by its agent Railway Pension Investments Limited (collectively "Railpen"), confirmed on 27 July 2026 that it does not intend to make an offer for IP Group. As a result, Railpen is bound by the restrictions set out in Rule 2.8 of the City Code on Takeovers and Mergers. The Board of IP Group had granted an extension to the PUSU deadline to assess whether an acceptable proposal could be tabled. IP Group has delivered strong progress against its strategic priorities, including beginning to expand its third-party capital platform through new institutional partnerships and continuing to demonstrate the quality of its portfolio through significant financing activity and operational milestones. The Board has strong conviction in IP Group's strategy and the opportunity to realise substantial value from its high-quality portfolio with a significant number of potentially value-accretive milestones anticipated over the next 18 months. The Company is no longer in an "offer period" as defined in the Code. A copy of this announcement will be available at https://www.ipgroupplc.com/investors/possible-offer-for-ip-group by no later than 12 noon (London time) on the business day following the date of this announcement.
(NASDAQ:NCTY) The9 Limited reported net income of US$23 million for the three months ended March 31, 2026, marking the strongest quarter in the Company's history since its 2004 IPO. The result was driven primarily by the receipt of 1.425 billion 9BIT tokens during the period, measured at fair value based on observable market prices on digital asset trading platforms including KuCoin, MEXC and BingX. An additional 475 million 9BIT tokens were received in April 2026 and will be reflected in second-quarter results, bringing the Company's total allocation to approximately 1.9 billion tokens under its cooperation agreement with the 9BIT Foundation, an independent crypto foundation established in Panama. As of the date of this release, the Company's total cryptocurrency holdings, including BTC and 9BIT, are valued at approximately US$110 million based on quoted market prices. The9's AI-powered game creation platform, the9bit, has surpassed 8 million registered users who have created more than 110,000 games since its August 2025 launch. The Board of Directors has approved a long-term incentive plan under which senior management will be eligible to receive equity awards representing up to 12% of the Company's outstanding shares, with vesting contingent on achieving higher quarterly net income in each of the remaining three quarters of 2026 compared with the first quarter. The company expects its AI-native production operating system for interactive entertainment to compound its competitive advantage over time as every production cycle generates proprietary data that further strengthens the platform's intelligence layer.
(NASDAQ:EQIX) Equinix, Inc. announced two senior leadership appointments: Chris Audie will join Equinix as Chief Product Officer, and Bruce Owen has been appointed Executive Vice President, Global Markets. Chris Audie will be responsible for leading the company's global products and services organization across interconnection, infrastructure, network operations, and ecosystem partnerships. Bruce Owen, a 16-year Equinix veteran, will oversee the company's regional operations in the Americas, Europe, Middle East and Africa (EMEA), and Asia-Pacific. Owen most recently served as President, EMEA, and before that as Managing Director for the United Kingdom, Equinix's largest EMEA market. Equinix operates across 36 countries around the world. The company projects that the value of the infrastructure underpinning modern enterprises will only grow as AI continues to reshape how companies build and scale technology.
(NASDAQ: FRTT) ISP Global Capital today announced that it has established an internal $10 price objective for Fort Technology Inc. following the company's recently announced Letter of Intent (LOI) with Logia USA to develop clean fuel and energy security solutions for artificial intelligence and hyperscale data centers. The company has announced plans to invest up to $7 million in advanced clean fuel technologies designed to improve energy reliability and resiliency for AI-driven computing facilities. Since commencing trading in June, Fort Technology shares have experienced notable volatility, trading from approximately $1-$2 per share to highs between approximately $4 and $6 per share. ISP Global Capital believes the company’s partnerships with Nexera Technologies and Logia USA provide meaningful exposure to multiple segments of the expanding AI infrastructure market. Industry analysts estimate that leading hyperscale technology companies are expected to invest hundreds of billions of dollars in data center infrastructure over the coming years. The firm noted that the $10 price objective reflects its opinion regarding the company’s potential execution of its long-term strategy and should not be interpreted as a guarantee of future performance. Fort Technology Inc. is pursuing strategic opportunities within the clean energy and AI infrastructure sectors.
(NASDAQ:GAIA) Gaia, Inc. announced it will conduct a conference call on Monday, August 10, 2026, at 4:30 p.m. Eastern time (2:30 p.m. Mountain time) to discuss its financial results for the second quarter ended June 30, 2026. The company will report its financial results in a press release prior to the call. Gaia is a member-supported global video streaming service and community that produces and curates conscious media through four primary channels — Seeking Truth, Transformation, Alternative Healing and Yoga — in four languages (English, Spanish, French and German) to its members in 185 countries. Gaia's library includes over 10,000 titles, over 85% of which is exclusive to Gaia, and approximately 75% of viewership is generated by content produced or owned by Gaia. The conference call will be broadcast live and available for replay, with a telephonic replay available after 7:30 p.m. Eastern time on the same day through August 24, 2026. Gaia is available on Apple TV, iOS, Android, Amazon Fire, Roku, Chromecast, and sold through Amazon Prime Video and Comcast Xfinity.
(OTC:AITX) Artificial Intelligence Technology Solutions, Inc. announced its current product development roadmap, which targets six hardware product releases and nine software development and launch initiatives over the coming months. The roadmap spans multiple areas of the RAD ecosystem and includes both new products and further development of existing platforms. The nine software initiatives fall within categories such as a SARA ™ related release, a software integration, a separate software project designed to enable selected third-party hardware within the RAD ecosystem, a new application, an upgrade to an existing software application, additional software upgrades, and further advancements involving SARA analytics and capabilities. The Company's present roadmap anticipates that August 2026 will begin the announcement and software-release cadence, with September and October 2026 currently expected to represent the busiest combined software window, and November 2026 presently targeted as the most active hardware-release month. One additional hardware release is currently targeted for February 2027. Through its primary subsidiary, RAD-I, AITX is redefining the nearly $50 billion (US) security and guarding services industry with its AI-driven Solutions-as-a-Service model. RAD solutions are specifically designed to deliver cost savings of between 35% and 80% compared to traditional manned security and monitoring.
(NASDAQ:TAOP) Taoping Inc. announced that its wholly owned subsidiary, Skyladder (Tianjin) Technology Development Co., Ltd., has secured approximately $5.2 million in new smart elevator project orders. The new orders are described as an important milestone in Taoping's "AI + elevator" growth strategy. The projects span urban renewal, affordable housing, commercial housing, vocational education parks, emerging industrial bases, and science and education facilities. Taoping states that these orders strengthen its near-term revenue visibility and create valuable reference cases for broader market expansion. Mr. Bin Ma, Co-Chief Executive Officer of Taoping, commented on the significance of securing approximately $5.2 million in smart elevator orders. The company believes China's elevator aftermarket represents a large and increasingly technology-driven opportunity. Taoping's smart elevator platform is designed to help customers improve elevator management, increase service efficiency, and shift toward more predictive operations.
(TSXV: GMG) (OTCQX: GMGMF) Graphene Manufacturing Group Ltd. announced that Blackwoods will distribute GMG Products in Australia. Blackwoods will distribute GMG's liquid graphene products: G® LUBRICANT and THERMAL-XR®. Blackwoods operates a national network of branches, distribution centres and online platforms, supported by more than 2,000 team members and a dedicated field sales force. Blackwoods provides an extensive range of over 300,000 products spanning safety, personal protective equipment, tools, workwear, maintenance, repair and operations supplies, and specialised industrial solutions. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). The company projects the anticipated distribution of G® LUBRICANT and THERMAL-XR® by Blackwoods, the potential for Blackwoods to distribute additional GMG products, and GMG's intentions to develop commercial scale-up capabilities.
(NASDAQ:OMH) Ohmyhome Ltd announced that it has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 20,000,000 Class A Ordinary Shares (or pre-funded warrants in lieu thereof) at an offering price of $0.20 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.01 per share. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $4 million before deducting the placement agent's fees and other estimated offering expenses. The offering is expected to close on or about July 28, 2026, subject to the satisfaction of customary closing conditions. Univest Securities, LLC is acting as the sole placement agent. The registered direct offering is being made pursuant to a shelf registration statement on Form F-3 (File No. 333-285637) previously filed by the Company with the U.S. Securities and Exchange Commission and became effective on March 26, 2025. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC.
(NASDAQ:KEEL; TSX:KEEL) Keel Infrastructure Corp. will report its second quarter 2026 financial results on Monday, August 10 before the market opens. Management will host a conference call on the same day at 8:00 am Eastern. Q2 2026 materials will be available before the call and can be accessed on the ‘Quarterly Results’ section of the Keel investor site. Keel Infrastructure is a North American digital infrastructure and energy company that develops and owns data centers and energy infrastructure for high-performance computing workloads, including AI. The company has a pipeline of 2.2 gigawatts and established grid interconnections already in place. Keel delivers scalable infrastructure solutions in high-demand power markets across Pennsylvania and Washington in the United States, and Québec in Canada. Keel is headquartered in New York City and trades under the ticker symbol "KEEL" on Nasdaq and the TSX.
(NYSE:GIB) (TSX:GIB.A) CGI will support the City of Munich in advancing its digital government services, improving administrative efficiency, and strengthening technological sovereignty. CGI and the City of Munich have worked together for 20 years on projects including the organization-wide rollout of the e-file system for approximately 40,000 employees, a license management system, and smart city applications such as the digital twin. CGI Fiscal 2025 reported revenue is CA$15.91 billion. CGI has 94,000 consultants and professionals across the globe. Specialized teams at European nearshore locations, including Bulgaria, will support development, architecture, and IT security services. The company projects to help improve delivery and service quality for the City of Munich. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).
(AIM: ZIN) Zinc Media Group plc announced a trading update for the six months ended 30 June 2026, reporting revenue secured or highly advanced on the pipeline for recognition in FY26 of £34m (30 June 2025: £40m), with a further £3m in advanced conversations. The Group's three strategic growth pillars are targeting £10m of new business over the next three years and are on track to meet or exceed growth targets, including Middle East FY26 revenues secured or highly advanced to date of £11.5m, 35% higher versus full year FY25. The 30 June 2026 cash position was £2.7m (PY: £4.2m), reflecting earn out payments, exceptional restructuring costs, and working capital timing differences. The Group has an available revolving credit facility of £3m and has implemented £700k of savings within the first six months of the year towards a £1m annualised savings target. The company projects to deliver £3.4m in FY26 IP revenues and targets growth of £10m of revenue across its three strategic pillars by the end of 2028. The Group announced the intended acquisition of events business WMP Qatar, subject to completion, and notable new business wins include a commission to produce Stars of Science for Qatar Science and Technology Park and a worldwide theatrical release of WHAM! 10 Days in China.
(NASDAQ:NCTY) The9 Limited announced the appointment of George Lai as Chief Executive Officer ("CEO"), effective July 27, 2026. Mr. Lai joined The9 approximately 18 years ago and has served as Chief Financial Officer ("CFO") since 2008. Wei Ji, Senior Legal Director, will assume interim CFO responsibilities while the Company conducts a search for a permanent successor. The9bit, the company's AI-native creator platform, has reached 8 million users who have built more than 110,000 games on the proprietary AI platform in under a year. The9 Limited was founded in 1999 and has been Nasdaq-listed since 2004. The company holds an equity stake in AI-driven drug discovery company NYB. The9 continues to explore emerging opportunities across AI-empowered industries and the broader digital ecosystem.
Tech Bulletin
Friday, 24 July 2026
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