INFORMANT

TRANSCRIPT

The Operator: Good evening. Wendell here. First up, according to CNBC Technology, Anthropic has struck a $45 billion cloud deal with UK-based infrastructure firm Nscale for West Virginia data center capacity. The agreement covers approximately 460 megawatts of compute using Nvidia's Vera Rubin chips, scheduled to come online by the end of 2027. He posted about Nvidia sales about an hour before this.

The Operator: Over in earnings, according to CNBC Earnings, Xpeng shares sank on a weak delivery forecast despite its robot unit securing a post-money valuation of more than $6.3 billion. The company reported a some number net loss of 1.34 billion yuan while revenue rose 8%, with Citi noting the delivery forecast fell short due to supply chain constraints.

The Operator: Also in earnings, according to CNBC Earnings, Pop Mart shares fell as overseas sales dropped. Revenue in Asia Pacific ex-China fell 9.7% and dropped 16.5% in the Americas during the some number of the year. Citi cited pressure in overseas markets and lowered its price target to HK$198, noting that the initial 20% revenue growth target for 2026 is now difficult to achieve.

The Operator: That is the wire.

The Operator: That's the show. We're on Spotify and YouTube — if this earned it: like, subscribe, tell a friend. And housekeeping: the machine that writes this gets tuned constantly for cleaner news. The numbers are real; the jokes are not.