In partnership with
It’s Sunday.
Microsoft is still very much tied to OpenAI.
New disclosures show OpenAI generated $24.1B in revenue for Microsoft last fiscal year, with Bloomberg estimating that represents roughly 70% of Microsoft’s total AI sales.
That concentration highlights just how dependent Microsoft’s AI business remains on its closest partner, even as the company backs competitors and develops its own models.
Key Data Bites Over The Last Week:
33 stocks to ride foreign markets outperforming the S&P 500.
US manufacturing activity expanded at fastest pace in 4 years.
Bank of America spends $250M/year on GLP-1 drugs for employees.
US has refunded $100B of Trump’s liberation day tariffs.
US lost 23,000 jobs in July, far below 83,000 gain expected.
Leopold Aschenbrenner made $400M bet on stealth chip startup.
Polymarket is in talks to raise money at >$20B valuation.
Anthropic signed $10B computing deal with new cloud startup.
US and Japan intervened to boost Yen for first time in 28 years.
AMD saw sales jump 50% YoY to a record $11.5B.
In today’s newsletter:
💉 Most Valuable Drugmakers
📈 Palantir’s Insane Growth
🔥 How SpaceX Loses Money
🚕 Uber vs Waymo
💵 $10,000 in S&P 500
Let’s jump right in.
📣 Together With Mode Mobile
The Next Breakout Might Be in Your Pocket
Everyone’s hunting for the next Unicorn.
The type of “category disruptor” that grows fast and turns early believers into big winners.
59,000+ investors think that Mode Mobile could be one of those rare finds.
Americans spend 4 ½ hours on their phones daily, and Mode Mobile is monetizing that screentime. With $1B+ earned by over 490M customers and 32,481% revenue growth, Mode’s EarnPhone is turning smartphones into income generating assets.
Their previous raises sold out, and the company is now offering pre-IPO shares at $0.52/share with up to 20% bonus, exclusive to early investors.
Being early is everything, and this window is still open.
*Please read the offering circular and related risks at invest.modemobile.com.
Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.
The Deloitte rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.
Big Pharma could be getting a new heavyweight.
AstraZeneca is reportedly considering a merger with Bristol Myers Squibb that would value the combined company at nearly $400B.
If completed, the deal would create the world’s fourth-largest pharmaceutical company by market value, behind only Eli Lilly, Johnson & Johnson and AbbVie.
The talks come as AstraZeneca continues to benefit from strong demand for its cancer and rare disease treatments, with oncology accounting for nearly half of its sales last year.
A deal is far from guaranteed, but its scale would make it one of the largest mergers in corporate history.
Palantir has hit escape velocity.
In the second quarter, the company blew past Wall Street expectations as revenue surged 93%, marking 12 consecutive quarters of accelerating growth.
U.S. commercial led the way, with revenue skyrocketing 149% as more companies adopted Palantir’s AI software.
Management subsequently raised its full-year revenue outlook to roughly $8.15B, well above the $7.73B expected.
CEO Alex Karp said he is pushing the broader business to grow at or above the pace of U.S. commercial over the next 18 months.
As investors question which software companies will benefit from AI, Palantir delivered its strongest evidence yet.
SpaceX is building an empire far beyond rockets.
In its first earnings report as a public company, revenue jumped 92% to $7.8B as Starlink grew 66% and its AI business nearly tripled.
That growth helped narrow operating losses to just $143M, but the investment required remains enormous.
Capital spending topped $18B in the quarter, with nearly $16B directed toward AI infrastructure alone.
Management still expects revenue to reach a $100B annualized run rate by December as Starlink, AI compute and Starship continue expanding.
SpaceX is proving it can generate revenue at massive scale, but its ambitions require spending to match.
Uber and Waymo are starting to look less like partners and more like rivals.
Uber’s second-quarter bookings beat expectations and revenue grew 12%, but softer guidance kept attention on autonomous vehicles.
That tension follows after Waymo recently moved to end Uber’s exclusivity in Austin and Atlanta, giving riders another way to access its robotaxis.
Waymo is now valued at roughly $126B, nearly matching Uber’s $139B market cap despite generating only a fraction of its revenue.
Yet CEO Dara Khosrowshahi revealed that robotaxis still account for less than 0.5% of Uber’s 300M weekly trips.
Robotaxis are still negligible for Uber, but Waymo’s valuation suggests investors expect that to change fast.
The boring trade keeps working.
The S&P 500 has pushed to fresh records as corporate profits surge and market leadership broadens beyond a handful of mega-cap winners.
With 88% of companies reporting, second-quarter earnings are on pace to grow more than 50%, while 86% have beaten EPS expectations, per FactSet.
AI investment remains a major driver, but strength is increasingly spreading across sectors as confidence in the economy improves.
That backdrop has turned a $10,000 investment over the last 10 years into more than $41,500 with dividends reinvested.
It’s why Warren Buffett has long argued that for most investors, simply owning the index and staying patient is hard to beat.
📣 Presented By Hubspot
200 Ways To Make Money With AI
Ready to transform artificial intelligence from a buzzword into your personal revenue generator?
HubSpot’s groundbreaking guide "200+ AI-Powered Income Ideas" is your gateway to financial innovation in the digital age.
Inside you'll discover:
A curated collection of 200+ profitable opportunities spanning content creation, e-commerce, gaming, and emerging digital markets, each vetted for real-world potential
Step-by-step implementation guides designed for beginners, making AI accessible regardless of your technical background
Cutting-edge strategies aligned with current market trends, ensuring your ventures stay ahead of the curve
Download your guide today and unlock a future where artificial intelligence powers your success. Your next income stream is waiting.
📞 Fed Hotline↗ – President Trump has called Kevin Warsh repeatedly since he became Fed Chair.
🚪 AI Shakeup↗ – Alphabet overhauled its AI leadership, with DeepMind chief Demis Hassabis leaving and several Gemini leaders also departing.
🤖 Price Hikes↗ – Chinese AI company DeepSeek is planning significant price increases across its AI services.
🥊 Benchmark Battle↗ – Alibaba unveiled Qwen3.8-Max, its strongest AI model yet, with benchmark scores rivaling Anthropic’s models.
😧 Talent Tension↗ – Anthropic CEO Dario Amodei is reportedly worried that some new hires are joining for the money, not the mission.
Notable Companies Reporting Earnings Week of August 9th, 2026:
Major Trades Published 8/3 - 8/7. Trades may be those of family members. [Source: Capitol Trades]
Buys
Tommy Tuberville (R)
Company: Intel ($INTC)
Amount Purchased: $250K - $600K
Sells
Tommy Tuberville (R)
Company: Intel ($INTC)
Amount Sold: $300K - $750K
Company: Cleveland-Cliffs ($CLF)
Amount Sold: $200K - $500K
Major Trades Published 7/27 - 7/31
Buys
Sells
Amazon ($AMZN)
Insider: Jeffrey Bezos (Executive Chair)
# of Shares Sold: 1,209,649
$ Amount: $346,453,514
SEC Forms: [1]
Disclaimer: The publisher does not guarantee the accuracy or completeness of the information provided in this page. All statements and expressions herein are the sole opinion of the author, paid advertiser, or partner and do not reflect the official policy or position of any other agency, organization, employer or company.
Carbon Finance is a publisher of financial information, not an investment or financial advisor. We do not provide personalized or individualized investment advice or information that is tailored to the needs of any particular recipient.
The information contained on this website/newsletter has been crafted with the assistance of an AI language model to enhance the content of this newsletter. We have made efforts to ensure the quality and reliability of the information presented, but we cannot guarantee its absolute accuracy. Therefore, readers are advised to exercise their own judgment and seek additional sources if necessary.
THE INFORMATION CONTAINED ON THIS WEBSITE/NEWSLETTER IS NOT AND SHOULD NOT BE CONSTRUED AS INVESTMENT ADVICE, AND DOES NOT PURPORT TO BE AND DOES NOT EXPRESS ANY OPINION AS TO THE PRICE AT WHICH THE SECURITIES OF ANY COMPANY MAY TRADE AT ANY TIME. THE INFORMATION AND OPINIONS PROVIDED HEREIN SHOULD NOT BE TAKEN AS SPECIFIC ADVICE ON THE MERITS OF ANY INVESTMENT DECISION. INVESTORS SHOULD MAKE THEIR OWN INVESTIGATION AND DECISIONS REGARDING THE PROSPECTS OF ANY COMPANY DISCUSSED HEREIN BASED ON SUCH INVESTORS’ OWN REVIEW OF PUBLICLY AVAILABLE INFORMATION AND SHOULD NOT RELY ON THE INFORMATION CONTAINED HEREIN.
No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer or the solicitation of an offer to buy or sell the securities or financial instruments mentioned.
Any projections, market outlooks or estimates herein are forward looking statements and are inherently unreliable. They are based upon certain assumptions and should not be construed to be indicative of the actual events that will occur. Other events that were not taken into account may occur and may significantly affect the returns or performance of the securities discussed herein. The information provided herein is based on matters as they exist as of the date of preparation and not as of any future date, and the publisher undertakes no obligation to correct, update or revise the information in this document or to otherwise provide any additional material.
The publisher, its affiliates, and clients of the publisher or its affiliates may currently have long or short positions in the securities of the companies mentioned herein, or may have such a position in the future (and therefore may profit from fluctuations in the trading price of the securities). To the extent such persons do have such positions, there is no guarantee that such persons will maintain such positions.
Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein.
This newsletter is sponsored by Mode Mobile and Hubspot. Sponsorship does not influence our editorial content. We do not endorse the sponsor’s products, services, or views, and we are not responsible or liable for any interaction or transaction between readers and the sponsor.
Some of the links in this newsletter are affiliate links. This means that if you click on the link and purchase the item, we will receive an affiliate commission at no extra cost to you. All opinions remain our own.
By using the Site or any affiliated social media account, you are indicating your consent and agreement to this disclaimer. Unauthorized reproduction of this newsletter or its contents by photocopy, facsimile or any other means is illegal and punishable by law.
