Red Cat Holdings is shifting from a small drone supplier to a scaled autonomy platform, after revenue rose 527% year over year to $20.2 million. Its manufacturing footprint has expanded 5x and inventory has climbed to $85 million. Management is guiding for $150–$180 million in fiscal-year revenue, though performance is expected to be heavily concentrated in the second half. Gross margin improved to 16.1%, with a year-end 2026 target of 30% tied to contract execution and volume ramp.

Hewlett Packard Enterprise (HPE) reported fiscal 2026 second-quarter revenue of $10.7 billion, up 40% year over year and a record high. Revenue from its Cloud and AI segment rose 22.9%, while Networking revenue jumped 148.2%. Non-GAAP earnings per share doubled from a year earlier, and the Cloud and AI operating margin nearly doubled. The company also raised its full-year free cash flow outlook to at least $3.5 billion.

Nomura Securities’ digital-asset unit, Laser Digital, has completed registration in Japan as a Crypto Asset Exchange Service Provider under the Payment Services Act, with registration number 00032. The registration enables the firm to operate in Japan in compliance with local rules. Its approved crypto-asset list includes $XRP alongside BTC and ETH. The move expands a traditional financial group’s footprint in Japan’s crypto market and provides a new regulated route for trading $XRP.

Hedge fund manager David Einhorn’s DME Capital Management bought about 1.42 million PayPal shares in the second quarter, valued at $61.5 million. PayPal reported Q2 adjusted EPS of $1.38, about 8% above expectations. The stock has rebounded recently, leaving it valued at roughly 11.7 times earnings. That multiple sits below the financial services sector median.

Oracle reported fiscal fourth-quarter results for the period ending in May, with revenue up 21% year over year to $19.2 billion and adjusted earnings per share rising 24% to $2.11. Driven by AI demand, total cloud revenue climbed 47% to $9.9 billion, while remaining performance obligations surged 363% to $638 billion. Separately, Tudor Investment Corp. initiated a position in ORCL in the second quarter, buying 1.3 million shares.

Off-balance-sheet obligations at nine tech companies including Microsoft, Amazon, Alphabet, Meta, Oracle, Nvidia, Broadcom, AMD and SpaceX are nearing $3 trillion, according to a Wall Street Journal analysis. The estimate is sharply higher than Nikkei’s July calculation of $1.65 trillion for five of those firms. The obligations largely reflect future spending commitments tied to data centers, chips and power that are not recorded as debt on balance sheets.

SK hynix’s board has approved a ₩40 trillion (about $28.69 billion) share buyback and said it will permanently cancel all shares repurchased once the program is completed. Based on the previous day’s closing price, the plan could cover about 24.07 million shares, or 3.3% of the company’s total shares outstanding. The buyback is set to run for three months, and the company’s market capitalization is about $1.14 trillion.

The Trump administration has returned more than $100 billion in IEEPA-related tariffs, about 60% of what was collected. Walmart received about $2.9 billion in refunds. Target took in $994 million and used it to lift margins, contributing $1.65 to earnings per share. Amazon and Home Depot received roughly $600 million and $730 million, respectively.