MORNING NEWS

Nvidia reached deals with some of Wall Street’s largest firms aimed at raising massive amounts of capital to help the chipmaker’s customers finance the cost of computing power. The chipmaker has signed agreements to partner with Apollo Global Management, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs and KKR to establish “compute financing platforms,” the companies announced Monday. The firms aim to deploy over $500 billion of outside capital in the coming years.

Banca Monte dei Paschi di Siena said it is weighing options to preserve its integrity, as its chief executive questioned the impact of Intesa Sanpaolo’s ISP $35 billion takeover bid on the world’s oldest bank and Italy’s economy.

Airbnb raised its forecast for the year, citing an expansion in global demand as it uses artificial intelligence to improve its platform. The short-term-rental company said Thursday it now expects revenue to increase by at least a mid-teens rate this year, up from its prior projection for growth in the low- to mid-teens.

EBay lifted its full-year outlook after closing its acquisition of Depop and reporting revenue growth in the second quarter. The online marketplace said it now expects gross merchandise volume, which measures all paid transactions between eBay users, to grow between 11.5% and 12.5% in 2026, up from a previous projection of 7% to 7.5% growth.

SpaceX laid out $18.4 billion in capital investments during the April-to-June quarter, with most of the spending supporting artificial-intelligence efforts. In its earnings report Tuesday, the company recorded $15.8 billion in capital expenditures for AI during the period, with its space division and Starlink-focused unit tallying up almost $1.2 billion and $1.4 billion in capex, respectively.

Palantir shares rose as much as 13% in after-market trading after the company lifted its full-year outlook and reported accelerating growth in its U.S. commercial sales. Revenue nearly doubled in the second quarter, the technology company told investors Monday. Executives now expect between $8.15 billion and $8.16 billion in full-year revenue, including U.S. commercial revenue growing at least 134% to $3.42 billion.

America’s largest oil companies reported a blockbuster quarter after the Iran war caused a historic dislocation in global markets that sent energy prices soaring. At ExxonMobil, profits more than doubled from a year earlier to their highest level since 2022, while Chevron CVX reported its highest quarterly earnings on record.

Holcim posted slightly higher revenue and virtually the same operating profit in the first half of the year. With an acceleration in the spring, the building materials group thus made up for the slow start in the first quarter. Holcim has now raised its full-year guidance. Overall, revenue in the first half of 2026 rose by 0.7 percent to 7.93 billion Swiss francs, as Holcim announced on Friday.

Microsoft reported robust cloud growth and a boost in the number of paid artificial-intelligence subscribers, as investors remain fixated on whether the tech giant’s data-center spending will pay off.

Roche faced significant headwinds from exchange rates in the first half of 2026. Consequently, the key financial metrics in the reporting currency, the Swiss franc, are below the prior-year figures. On Thursday, the pharmaceutical company reaffirmed its previous targets for the full year. In the first six months, Roche generated sales of 30.4 billion Swiss francs. While this represents a 2.0 percent decline in the reporting currency (Swiss francs), it translates to a 6.0 percent increase at constant exchange rates. The company has thus met its own target, which is based on constant exchange rates. As usual, the larger Pharmaceuticals division contributed the lion’s share of group revenue, with 23.6 billion (-1.0%). In the Diagnostics business, Roche generated revenue of 6.7 billion (-3.0%).