Bloomberg Technology·2026-07-29 18:26Financial Performance & Capital Markets - SK Hynix reported a sixfold jump in profit and raised capital spending to a record $31 billion [1] - Moonshot AI raised $3.5 billion at a $35 billion valuation, with investors planning a private round at a $50 billion pre-money valuation ahead of an upcoming Hong Kong IPO [10][11][12] - SoFi reported its 19th consecutive quarter with $1.2 billion in revenue, representing 40% revenue growth and a 30% EBITDA margin [35][36] - Larry Ellison and his family trust face up to $9.8 billion in breakup and buyout fees if the Warner Bros. and Paramount merger collapses completely [60][62] Industry Trends & Artificial Intelligence - Nasdaq 100 declined for the sixth straight session, marking the longest streak of declines since October 2022 amid growing skepticism over AI spending return on investment [2][50] - NextEra Energy and Brookfield are joining forces to build a $100 billion data center campus in Kentucky by transforming a uranium enrichment facility [33] - SoFi utilizes AI to increase engineering code production productivity, automate fraud investigations, resolve disputes, and power customer service and the SoFi Coach chatbot [44][45][46][47] Corporate Operations & Supply Chain - Logitech experienced a temporary semiconductor supplier closure at the end of June, with an estimated financial impact of about $20 million [55][59] - Qualcomm remains heavily exposed to smartphone market weakness, particularly within the Android ecosystem and China, despite expanding into automotive and data center sectors [85][87][88]