Nvidia delivered record quarterly revenue and better-than-expected guidance, while authorizing a $60 billion share repurchase. Management said AI infrastructure spending could reach $3–$4 trillion over the next five years as Blackwell ramps, though shares wavered on China-sales uncertainty and profit taking after a long run.
Source: Seeking Alpha
Snowflake raises FY2026 product revenue outlook as AI adoption accelerates
Snowflake boosted its product revenue guidance to $4.395B on strong AI-driven demand, posting a solid beat on Q2 results. Management said nearly half of new customer wins cited AI use cases, with consumption trends improving and platform engagement deepening.
Source: Seeking Alpha
CrowdStrike sees at least 40% net new ARR growth in 2H FY26 on AI and platform momentum
CrowdStrike reaffirmed robust demand for its Falcon platform, projecting 40%+ net new ARR growth in the back half as customers consolidate security tools. The company highlighted accelerating interest in AI, identity, and next-gen SIEM, and continues to scale recurring revenue and margins.
Source: Seeking Alpha
Circle and Finastra bring USDC settlement to bank payment hubs
Finastra will integrate Circle’s USDC into its Global PAYplus platform, letting banks settle cross-border payments in stablecoins while keeping fiat instructions intact. The move could speed settlement and lower costs for institutions without requiring a wholesale overhaul of existing banking workflows.
Source: Seeking Alpha
Mexico plans tariff hikes on Chinese imports after U.S. push
Mexico is preparing to raise tariffs on imports from China, a step that would realign trade policy with Washington’s tougher stance on Beijing. Any move risks supply-chain adjustments across North America, particularly in autos, electronics, and consumer goods routed through Mexico.
Source: Seeking Alpha
Deutsche Bank fined $23.8M in Hong Kong for widespread client overcharges
Hong Kong’s SFC fined Deutsche Bank after uncovering years of fee overcharges, valuation errors, and disclosure failures across multiple businesses, with client overcharges totaling about $39M. The bank has refunded affected customers and upgraded controls; the case underscores rising global scrutiny of wealth and research operations.
Source: Finance Magnates
CFTC adopts Nasdaq surveillance tech to sharpen market abuse detection
The U.S. derivatives regulator will deploy Nasdaq’s market surveillance platform to modernize oversight of both traditional and digital asset markets. Enhanced pattern-detection and cross-market monitoring aims to improve enforcement in an era of faster, more complex trading.
Source: FinanceFeeds
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