Technology

SpaceX is releasing its debut post-IPO quarterly results after market close on August 4, 2026, the first public financial update since its June 2026 IPO priced at $135 per share. The report will be followed two days later by the first lock-up expiration, making up to 911.5 million shares — 20% of eligible locked stock — available for sale starting August 6. The most recent public financials, from Q1 2026, showed total revenue of $4.69 billion, a net loss of $4.28 billion, and 10.3 million Starlink subscribers, figures the Q2 release will update for the first time as a public company.

The EU General Court on August 3, 2026 rejected Broadcom's request to suspend the European Commission's demand for U.S. legal documents in its VMware software licensing investigation, Case AT.40924. The court found that allowing an investigated company to select which documents to hand over would undermine the Commission's investigative authority under EU competition rules. The ruling is procedural: it does not compel immediate production, resolve whether the documents are privileged under U.S. or EU law, or establish any competition law infringement.

Intel is reducing roles in its Data Center and AI Group, which reported $6.3 billion in Q2 2026 revenue, up 59% year over year, but the company has not published the number of positions affected, their locations, or any formal authorization linking the cuts to its prior restructuring plan. Intel's total headcount stood at 82,300 as of late June 2026, down from 101,400 a year earlier following a previously announced 15% workforce reduction. No WARN filings covering this specific round have been located, leaving the scale and rationale of the current cuts unverified beyond a single reported company comment.

NVIDIA expanded its Agent Toolkit with re-architected PhysicsNeMo and new CUDA-X libraries covering iterative sparse solvers, direct sparse solvers, and electronic-structure theory, targeting engineering workflows from chip verification to quantum chemistry. Partners including Cadence, Synopsys, Siemens, Samsung, and TSMC cited performance claims ranging from 10x to 50x speedups, though these figures come from company evaluations without disclosed test protocols or independent replication. Pricing for the engineering additions was not stated, and several partner workflows remain in customer evaluation or are planned for general availability in the second half of 2026.