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Super Micro Computer’s stock surged 15% after the server maker disclosed higher-than-expected margins for its June quarter and reported record backlog levels with over $60 billion in new orders.
Alphabet reported record quarterly profit of $112.1 billion, though $77.1 billion came from investment gains rather than actual business earnings, while negative free cash flow signals AI spending strain.
Clearwater Paper launched Circa paperboard in the US through a collaboration with Greenpaper, offering coated recycled board options for folding carton and carrier applications.
Stacey Pool, former Noodles & Company chief marketing officer, joined Ziggi’s Coffee as chief growth officer to lead expansion during the chain’s 10th year of franchising.
Tesla’s automotive regulatory credit revenue plummeted to $146 million in Q2 2026 from approximately $400-500 million quarterly in 2025 following Trump administration changes to fuel economy standards.
SpaceX stock fell more than 50% from its all-time intraday high Thursday, joining a broader sell-off in space-related equities that had already begun before the company’s June 12 public debut.
