Einride’s $145M Tesla Semi Deal Set to Triple Its Fleet by 2028
Einride will add 500 Tesla Semis to its fleet—the biggest public order yet—tripling capacity for Amazon routes starting September 2026.
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Weave Communications to Be Acquired by Francisco Partners for $650 Million
Weave Communications will be acquired by Francisco Partners for $650 million. Shareholders receive $7.40 per share in cash, a 34% premium.
Klarna Q2 Profit Beat Overshadowed by Trimmed Volume Forecast and Leadership Changes
Klarna shares dropped after trimming full-year GMV guidance, despite a strong Q2 profit of $9M, 27% revenue growth, and higher margins.
Duolingo Nearing a Turning Point: Analyst Upgrades Stock to Buy
DA Davidson upgrades Duolingo to Buy, citing underappreciated marketing, monetization changes, and a long runway for daily active user growth.
Home Depot Beats Wall Street Expectations as Smaller Home Projects Drive Q2 Results
HD reported $47.9B in Q2 sales, beating estimates as resilient demand for smaller repair and maintenance projects offset a sluggish housing market. Full-year guidance reaffirmed.
Baidu Misses Q2 Revenue Estimates as Ad Weakness Offsets Strong AI Growth
Baidu’s Q2 revenue fell 4% to RMB 31.33B, missing estimates. Online ads dropped 19% while AI Cloud Infra surged 50% and GPU Cloud jumped 283%.