---
source_url: "http://go/ui/posts/2983/"
ingested: 2026-08-06
status: inbox
tags: [newsletter, technology]
title: "2026-08-05-technology"
created: 2026-08-05
updated: 2026-08-05
---

** Tech news**  
- [Snap stock jumps 8% on earnings beat and strong sales forecast](https://www.cnbc.com/2026/08/03/snap-q2-earnings-report-2026.html)  
Snap beat analysts' estimates across the board in its second-quarter earnings report.

- [Palantir soars 12% on blowout quarter, U.S. commercial revenue soaring nearly 150%](https://www.cnbc.com/2026/08/03/palantir-pltr-earnings-q2-2026.html)  
Palantir's Q2 earnings beat expectations and the AI software company lifted revenue guidance.

- [Anduril Weighs Baltimore Shipyard Investment to Build Drone Boats](https://www.wsj.com/business/logistics/anduril-weighs-baltimore-shipyard-investment-to-build-drone-boats-d7ae923d?mod=rss_Technology)  
The defense-tech company is in talks for a production site at historic Sparrows Point, as the Iran war demonstrated the utility of unmanned surface vessels.

- [The AI Boom Is Transforming the American Economy Beyond Recognition](https://www.wsj.com/economy/the-ai-boom-is-transforming-the-american-economy-beyond-recognition-c7825b31?mod=rss_Technology)  
AI has rapidly become a huge economic factor, affecting everything from capital investment to the price of an iPhone.

- [AI is helping Grab ship products more than 30% faster, CFO says, as company raises forecasts](https://www.cnbc.com/2026/08/04/grab-earnings-ai-forecast-cfo-.html)  
Grab reported Q2 results and raised its full-year outlook, with AI driving faster shipping.

- [Anthropic, OpenAI among firms facing new scrutiny under EU AI Act enforcement powers](https://www.cnbc.com/2026/08/03/eu-ai-act-enforcement-powers.html)  
The European Commission can demand inspections, restrict market access, and fine providers up to €15 million or 3% of turnover.

- [Jim Cramer says the market has warmed up to Big Tech's AI spending](https://www.cnbc.com/2026/08/03/jim-cramer-market-warmed-up-big-tech-ai-spending.html)  
Cramer said Amazon CEO Andy Jassy finally explained how massive AI spending will generate long-term returns.

- [Developing Economies Have More to Gain and Less to Lose From AI, Says World Bank](https://www.wsj.com/tech/ai/developing-economies-have-more-to-gain-and-less-to-lose-from-ai-says-world-bank-ec81c602?mod=rss_Technology)  
Relatively simple AI tools can boost growth in developing economies, but they risk dependency on the U.S. or China.