The Gross Law Firm has issued a notice to Microsoft Corporation (NASDAQ: MSFT) shareholders regarding a pending class action lawsuit. The lawsuit alleges that Microsoft made false and misleading statements concerning its Copilot products and AI model performance, leading to a failure in converting Microsoft 365 users to paid Copilot subscriptions. Shareholders who purchased MSFT shares between May 1, 2025, and January 28, 2026, are encouraged to contact the firm to discuss lead plaintiff appointment, with a deadline of August 11, 2026.

Nvidia is reportedly in discussions with major Wall Street firms, including Goldman Sachs and BlackRock, to finance the next phase of AI infrastructure development, potentially freeing up over $500 billion. The strategy involves treating AI data centers as revenue-generating infrastructure that can be financed with long-term assets. Nvidia may also underwrite up to 25% of qualifying loans to help clients access funding, addressing a potential bottleneck for demand for its chips.

Rackspace Technology (RXT) reported wider-than-expected losses and slightly missed revenue forecasts for Q2 2026. Despite the misses, the stock rose due to investor focus on the company's strategic pivot into enterprise artificial intelligence (AI) infrastructure, including a significant partnership with AMD. The company is actively shifting away from lower-margin public cloud services towards higher-margin enterprise AI offerings and expects improved free cash flow in the second half of 2026.

Ulta Salon is facing a class action lawsuit for allegedly violating privacy laws by using a "Meta Pixel" to unlawfully intercept, record, and disclose website visitors' electronic communications. Plaintiff Raeanon Hartigan claims Ulta, with Meta Platforms' aid, tracked detailed user activity and transmitted it to third parties without consent. The lawsuit seeks to represent California consumers and demands damages, claiming an invasion of privacy and violations of several privacy acts.

Verizon Frontline, through its Crisis Response Team, played a crucial role in supporting the United States' America 250 celebrations in 2026. The team partnered with over 40 public safety agencies across 16 states, providing secure and dedicated communication channels for first responders at approximately two dozen event sites. This effort ensured reliable communications for complex operations at high-profile events like Sail 250 and the opening of the Theodore Roosevelt Presidential Library.

AST SpaceMobile reported Q2 2026 revenue of $31.5 million, missing analyst expectations of $34.5 million, and posted a wider net loss of $230.9 million. Despite the miss, the company reaffirmed its full-year revenue guidance of $150 million to $200 million, supported by a $1.3 billion revenue backlog and government contracts. AST SpaceMobile continues its satellite deployment, with 13 satellites in orbit and more in production, aiming for a beta-service launch by year-end 2026.

Tesla has recalled over 20,000 Model 3 and Model Y vehicles due to headlights that are excessively bright, exceeding legal light output limits. This issue, identified after testing by Transport Canada, poses a safety risk to other drivers. The NHTSA denied Tesla's petition for exemption, and as of early August, Tesla had not yet identified a remedy for the defect.

Fair Isaac Corporation reported strong Q3 2026 results with US$674.19 million in revenue and US$237.17 million net income, along with increased full-year guidance and over US$2.69 billion in share repurchases. Despite this positive financial performance, concerns persist among investors regarding competitive pressures in credit scoring, as lenders increasingly explore alternatives to FICO's traditional scores. The article suggests that while the higher guidance supports near-term earnings, the evolving competitive landscape remains a significant risk that investors should carefully consider.

Big Digital Energy, Inc. has announced a Letter of Intent with Tensor IQ LLC to develop a 17 MW AI infrastructure campus in Hood County, Texas, through their joint venture Texas Load House, LLC. This strategic partnership aims to deploy NVIDIA B300 GPUs with advanced cooling systems, planning for a Q2 2027 in-service date. The agreement is projected to generate up to $1.07 billion in revenue over 25 years, marking a significant step in expanding AI and high-performance computing capabilities.

Rekor Systems, Inc. announced it has been selected by the South Carolina Department of Transportation (SCDOT) for a statewide traffic monitoring contract. This seven-year contract has a potential value exceeding $22 million and involves Rekor maintaining, upgrading, and modernizing SCDOT's traffic and weigh-in-motion sites using roadside systems. The agreement allows for cooperative purchasing by local South Carolina agencies, potentially increasing its total value.