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Oba Femi slayed Brock Lesnar at WWE SummerSlam 2026.

AI Regulation shifts from debate to enforcement as cyber incidents and U.S. politics push frontier labs toward trust-building oversight amid rising 2026 pressure.

Nexus Data Centers is closing in on $15 billion in financing to build an AI campus in Hubbard, Texas, which Anthropic will lease, with Morgan Stanley leading the bank group behind the deal, according to CNBC.The loan is going to Nexus, a data center developer few investors had heard of a year ago, and the reason banks are comfortable lending that much money traces back to a company that isn’t building anything on the site at all: Google.Related: Anthropic clarifies stance on open-weight AI modelsThe debt sits with a developer, not with the AI labThe financing package includes a $14 billion bridge loan and a revolving credit facility, structured for Nexus Data Centers rather than for Anthropic directly, according to Bloomberg. That distinction matters more than the headline number. Anthropic’s own balance sheet, whatever its strength, isn’t what lenders are underwriting here.Instead, Google agreed to backstop Anthropic’s obligations using its investment-grade credit rating, CNBC reported.The guarantees cover four Anthropic data center leases and the power purchase agreements tied to an on-site natural gas plant with 1.6 gigawatts of capacity.Google’s exposure was limited to the minimum amount lenders required to close the deal, the same report said.A guarantee is cheaper than a checkGoogle didn’t need to write Nexus a check to make this project happen. It needed to lend its credit rating, and in exchange it is expected to receive roughly 20% equity ownership in the data center and power project, according to CNBC.That’s a capital-efficient way to buy into AI infrastructure without tying up $15 billion in cash.It also isn’t Google’s first exposure to Anthropic’s balance sheet. In April, Google agreed to invest up to $40 billion in Anthropic, starting with $10 billion in cash at a $350 billion valuation, according to CNBC.Anthropic’s valuation has since climbed to $965 billion in a Series H round in May, Anthropic said.Its run-rate revenue crossed $30 billion this year, up from roughly $9 billion at the end of 2025, Anthropic disclosed when it expanded its Google and Broadcom compute partnership.Broadcom is involved on the hardware side too. Anthropic plans to deploy tensor processing units co-designed by Google and Broadcom at the Hubbard site, with a separate vendor financing agreement covering the chip costs, CNBC reported.

Google is guaranteeing billions in Anthropic’s lease obligations on a $15B Nexus Data Centers project, taking a 20% equity stake in return.Bloomberg / Getty Images

Google now plays four roles in this relationshipGoogle competes with Anthropic through Gemini. It also supplies Anthropic’s cloud and chip capacity, holds an equity stake as an investor, and now guarantees its landlord’s debt.Few companies carry that much simultaneous exposure to a single rival.Alphabet (GOOGL) shares slipped about 0.7% Thursday afternoon as the report circulated, reflecting immediate investor anxiety over Big Tech taking on contingent liability risk for a private AI lab’s real estate debt.The Nvidia-OpenAI playbook looks familiarThis structure isn’t unique to Google and Anthropic. Nvidia is in talks to provide up to $250 billion in financing guarantees for a 10-gigawatt OpenAI data center campus in Ohio, CNBC confirmed in July.Both arrangements exist for the same reason. Neither Anthropic nor OpenAI can borrow tens of billions of dollars on its own credit, so the chip or cloud partner steps in as the guarantor lenders actually trust.The scale is different. Nvidia’s proposed backstop is more than fifteen times the size of Google’s.But the mechanism is identical, and it’s becoming the standard way AI labs finance physical infrastructure without owning it outright.More AI:Workers just sent AI companies an ultimatumPalantir CEO has a blunt verdict on OpenAI and AnthropicElon Musk pulls no punches with AI rivals as Grok 4.5 debutsBig Tech’s balance sheets are becoming AI’s credit marketThe Hubbard campus lands at an awkward moment for that model. Five-year credit default swaps on Alphabet’s own debt have widened this year as bond investors price in more risk from the AI buildout, Bloomberg reported in its Credit Weekly note.Guaranteeing a third party’s leases adds another contingent liability onto a balance sheet the market is already watching more closely.That works as long as demand for AI compute keeps outpacing supply. If it doesn’t, the guarantees that make deals like this bankable today become the channel that transmits AI’s financial risk directly onto the world’s largest companies.Investors tracking Alphabet’s earnings should start reading the footnotes on contingent obligations as closely as they read the revenue line.Related: Anthropic spills the beans on reality of AI, jobs, and the economy

Dance pop star Mad Tsai talks about his latest EP, “CANINES,” and the inspiration behind the concept, breaks down several songs, and what to expect from the World Tour.

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealOutdoor cooking involves more than just the grill itself. Preparing ingredients, keeping utensils within reach, finding a place for plates, seasonings, and drinks — it can be a lot. Thankfully, investing in a prep station that’s portable and convenient can help alleviate the problem, offering extra workspace, a place for people to plate their food, or serving as an extra drink station to prevent people from running to the fridge. This can help keep your barbecue running smoothly while also keeping your outdoor area tidy. Some are even portable enough to take on camping trips.The Pargrill Folding Grill and Griddle Cart brings a workspace to the backyard, on camping trips, and to the tailgate. It works with tabletop grills, propane camping stoves, pizza ovens, or just as an organizational tool for food prep. Originally $197, this cart is on sale for just $110 at Walmart.Pargrill Folding Grill Cart, $110 (was $197) at Walmart

Courtesy of Walmart

Shop at WalmartWhy do shoppers love it?Convenience is key, especially during busy family gatherings or outdoor trips. Whether you’re preparing burgers for a family cookout or breakfast at the campsite, this table provides a dedicated surface. It’s compatible with a variety of outdoor cooking options, including 17-inch and 22-inch tabletop grills. It includes a 15-inch by 13-inch pull-out side table that creates additional prep space or an extra station to hold utensils or accessories, along with a spacious 30-inch by 14.5-inch middle shelf for storing propane, ingredients, and serving items. If that wasn’t enough, it also has a paper towel holder, a bottle opener, and a griddle caddy that holds sauces, oil, or seasonings. Additionally, three tool hooks can be found on the side of the cart to hang tongs and scrapers.Related: Blackstones are rapidly taking over grilling season — here’s whyThe grill table measures 31 inches long, plus the 15-inch pull-out tray, 18 inches deep, and 30 inches tall, and can hold a total of 250 pounds. It conveniently folds up into a 6.4 inch by 18.9 inch compact rolling cart that easily fits into the trunk, or can be leaned up against the wall out of the way when not in use. The full table weighs just under 45 pounds, making it manageable to maneuver with one to two people. The pros and cons of this dealProsStorage: With three utensil hooks, a pull-out tray, a caddy, and a lower shelf, this grill cart has tons of space for all your needs. Convenient and portable: The folding design makes it easy to store away or take with you on trips.Cons Not for long-term storage: Although the storage is great when you need it, it will need to be emptied before folding the table up. Weight: At just over 44 pounds, you may need two people to load this in the trunk.One shopper said, “This cart is perfect. It was very easy to assemble for a single 50-year-old woman. It is heavy enough that it has not blown away in Wisconsin winds on my concrete patio. It folds up and rolls around on its two wheels very easily. It’s perfect to use as an extra table next to the Blackstone or as an extra bar cart.””​​This is nicer than I was expecting,” another buyer said. “It comes almost already assembled.”Shop more dealsNuuk Rolling Grill Cart, $70 (was $91) at WalmartFrizi Portable 2-Burner Tabletop Grill, $114 (was $200) at WalmartPargrill Three-Shelf Grill Prep Station, $100 (was $170) at WalmartWhether you need a spot to set your portable cooker or want to have more room for food prep and serving, the bestselling Pargrill Folding Grill Cart is sturdy, convenient, and has a heavy-duty weight capacity and plenty of storage accessories for only $110. Shoppers save 44% at Walmart.

WWE SummerSlam 2026 results as Nick Aldis loses an emotional comeback against Gunther.

WWE SummerSlam 2026 results as Gunther taps out Nick Aldis in the SmackDown GM’s first match in more than three years.

Louis Navellier has been active in the stock market for approximately 46 years, beginning with the publication of his quantitative research in 1980, the MPT Review. He regularly shares his thoughts with TheStreet readers in this column.There is a false narrative out there that Asia is taking over and that the U.S. tech sector will be overpowered by Chinese AI firms and Korean memory companies. I recommend investors ignore it.The U.S. remains the leader in artificial intelligence, and the AI data center buildout is real. Right now, AI is constrained by memory and computing restrictions, hence the backlog to build more data centers; otherwise, OpenAI, Anthropic, Grok, and other AI developers will continue to hit a computing wall.This is why I am not worried about the narrative that Nvidia (NVDA, C) is creating its own sales through circular financing. All Nvidia is doing is asserting its market dominance. They have pricing power, all the flexibility, and the best technology. Nvidia is my largest holding, and I have no intention of selling the stock, which I expect will be $300 by the end of this year and at least $500 by the end of this decade. Overall, my stock grading system rates NVIDIA as a C. 

Our rating systems are composed of two main components. The fundamental grade, which looks at qualitative factors such as sales growth, return on equity, among others, and a “quantitative” grade, which factors in how the company trades relative to the market. The total grade above is weighted 70% on the quantitative score. It’s important to remember that the fundamental grade changes each quarter, and the quantitative grade changes each day.   Related: Backlog Mania: Stocks to Watch This Earnings SeasonWe have three weeks of earnings coming out. We need to let the earnings come out and do their thing rather than worry about the market’s daily gyrations.The market has no patience for disappointing earningsAs second-quarter earnings reports unfold, fundamentally superior stocks are being rewarded, while companies with disappointing results are being punished.Tesla (TSLA, D) and SpaceX (SPCX, Not Rated), for example, have recently weighed on the broader stock market. Although Tesla continues to report strong sales, its operating margins are collapsing, and the company now has negative cash flow as it ramps up production of the Optimus robot, initially designed for factory use.My stock grading system rates Tesla as a D.

Meanwhile, SpaceX has declined approximately 50% from its highs and is not expected to become profitable until late 2027 or 2028. Money managers who have “bet the ranch” on Elon Musk, including Ron Baron and Cathie Wood, consequently, have negative year-to-date returns.We are in the midst of a strong earnings announcement season, and the stock market has little patience for companies that fail to announce strong sales, earnings, positive surprises and guidance.Nvidia is not Tesla or SpaceX.Related: Tesla sales rebound hides costly problem for investors

Customarily, Michael Saylor and team have lifted the STRC dividend when it trades sizably below par, but not this month.

Apple (AAPL) reported the type of quarter that should have sent its stock price skyrocketing.Revenue rose 16% from a year earlier to $109 billion, while profit increased 26% to $29 billion. iPhone sales jumped 22%, Mac revenue climbed 25%, and the iPhone 17 produced the biggest product launch in Apple’s history.Shares still sank more than 7% in after-hours trading.Investors weren’t worried that buyers had stopped buying Apple items. They worried that Apple could not produce enough of them.Supply bottlenecks that are already hurting the availability of Macs will get worse and spread to the iPhone and iPad businesses, CEO Tim Cook said. One of the pressure points was improved CPUs, for which Apple relies largely on Taiwan Semiconductor Manufacturing Co.The warning posed an unusual dilemma for Apple: demand is higher than projected, yet the corporation has limited ability to boost supply.But an unsold item doesn’t make money, no matter how many buyers desire it.“This is not a regular supply issue, it’s a demand forecast issue, to be candid,” Cook said. “We’ve got a quarter ahead where we’ll be scrambling on the supply side.”Apple’s demand surge created a revenue ceilingApple’s results revealed its most significant items remain quite popular.Cook said the company underestimated demand, particularly for the iPhone and Mac. That distinction matters because the warning does not indicate a weakening brand or a disappearing customer base.It does indicate a failure in prediction.Apple uses its size, its relationships with suppliers, and its inventory management to ensure it can maintain products in stock for big product releases. Cook’s recognition that the corporation has little flexibility suggests that those instruments are inadequate to rapidly address the present supply deficit.Related: If you financed your iPhone with Apple, read this nowSome purchases simply may slip into a later quarter. Other customers may delay an upgrade, choose another model, or walk away instead of waiting for an unavailable product.The risk is highest in the first weeks after a product debut when excitement and marketing are at their peak. Even when the underlying demand is solid, estimates of long delivery delays can sap momentum.Apple also saw a brief lift to its profits in the quarter. The BBC estimates that tariff refunds raised its gross margin by nearly two percentage points, which equates to roughly $1.1 billion.Cook said Apple intends to reinvest the reimbursements back into the United States. The business has already pledged $600 billion for domestic manufacturing over four years.That spending could eventually make Apple’s supply chain more resilient. It does little to address the current supply shortfall.Apple is paying for the AI era before Siri deliversApple’s supply warning comes amid fierce competition among tech companies for advanced chips and manufacturing capacity.Those processors are needed by the company to power its latest iPhones, Macs and artificial intelligence features. But Apple’s redesigned Siri is still in public beta, or early prerelease, and not yet a proven source of new revenue.More Apple:Apple stock move vindicates Palantir CEO warning for AI industryApple’s iPhone cost problem reveals AI’s hidden billApple’s 2027 hardware refresh sends Wall Street a warningCook touted on-device artificial intelligence as a “competitive weapon.” Additional functions directly on an iPhone or Mac might be better for privacy, speed, and product differentiation.This method can finally make customers upgrade their devices.Before Apple’s new AI platform will be able to generate a tangible financial return, the company needs to secure the components needed to produce such gadgets.The corporation also has distribution problems. Cook said discussions with European Union authorities over the new Siri are still ongoing as Apple strives to make the digital assistant widely available simultaneously.

Apple’s demand surge may cost it billions in lost salesVALERIE MACON / Getty Images

Apple’s next leader inherits a dangerous kind of successIncoming CEO John Ternus will not inherit a corporation starved for customers.He’ll inherit a corporation with more customers than management had anticipated, wanting more products; a corporation whose supply chain may not be able to keep up.That’s better than demand collapsing, but it can still affect growth, profits, and investor confidence.What Apple investors should watchAvailability of the newest iPhone, Mac and iPad models.Whether delayed purchases move into later quarters.The effect of component shortages on revenue.Gross margins after the tariff-refund benefit fades.Whether Siri AI encourages device upgrades.Apple’s progress expanding domestic manufacturing.The bullish view is that the shortfall shows the continued strength of Apple’s brand. Customers are buying iPhones and Macs more quickly than the business expected.The bear case is that record demand doesn’t matter if Apple can’t produce enough things to meet it.Cook made his name by converting Apple’s supply chain into a competitive advantage. His new warning suggests that even the world’s most sophisticated hardware operation has its limits.Apple’s difficulty is not finding buyers.It is making sure its hottest sales cycle doesn’t finish with empty shelves.Related: Apple rewrites how Americans pay for iPhones