The Cue Report: week of Aug 24, 2026

Information technology’s week was an AI buildout moving from demand into financed infrastructure, with NVIDIA reporting $96.2 billion of quarterly revenue and Blue Owl managed funds leading a $2.4 billion financing for IREN tied to NVIDIA AI infrastructure deployment. NVIDIA said revenue for the second quarter ended July 26, 2026 rose 18% from the previous quarter and 106% from a year earlier, with GAAP and non-GAAP gross margins both at 75.0%. Blue Owl said the IREN financing drew on its digital-infrastructure operating and underwriting experience, giving the week a capital-market counterpart to NVIDIA’s results. The risk side also entered official financial-stability language, as Bank of England governor Andrew Bailey warned G20 finance ministers and central bank governors about advanced AI and the risk of cyber-disruption spreading across jurisdictions.

Berkshire Hathaway (BRK-B)

In focus as the week's sixth most covered company.

Berkshire Hathaway raised its Delta Air Lines stake 44% to 8.7%, a move reported as a reversal of Warren Buffett’s 2020 exit from airline investments under Greg Abel. Berkshire has also begun deploying its record cash reserves under Abel by buying equities including Alphabet. Donald Trump bought $1 million to $5 million of Berkshire Hathaway shares in June, while Michael Burry questioned the stock’s future after Warren Buffett’s succession. Berkshire Hathaway shares rose 0.1% between Aug 24 and Aug 28.

Amazon.com (AMZN)

In focus on 10 stories from 5 outlets.

Amazon raised its AI spending target and now plans to invest $220 billion in AI by 2026. AWS and NVIDIA expanded their strategic partnership for agentic and physical AI, with Amazon adding another 2,000,000 Nvidia GPU chips to its data centers over the next two years. Novo Nordisk expanded its collaboration with AWS to use advanced AI technologies in drug discovery, aiming to make research more efficient and streamline therapeutic development. Amazon also brought OpenAI, Meta and Anthropic AI models to AWS GovCloud. The shares rose 1.7% between Aug 24 and Aug 28.

Salesforce.com (CRM)

In focus on 10 stories from 4 outlets.

Salesforce lifted its outlook after reporting a second quarter that exceeded expectations. The company announced a new partnership with Anthropic. Salesforce shares rose 22.5% between Aug 24 and Aug 28.

Microsoft (MSFT)

In focus on 10 stories from 4 outlets.

Microsoft and HUMAIN, backed by PIF, announced a collaboration on Arabic AI integration. Microsoft’s stock sealed its longest winning streak of the year. The shares rose 5.4% between Aug 24 and Aug 28.

Alibaba (BABA)

In focus on 7 stories from 3 outlets.

Alibaba raised $10 billion for AI through a share sale. MiniMax raised the three-year purchase ceiling on its cloud computing deals with Alibaba Group Holding by 220% to US$1.2 billion and planned to spend up to US$300 million on Alibaba Cloud services this year. The shares rose 0.4% between Aug 24 and Aug 28.