CPS TECHNOLOGIES CORP/DE/ (CPSH): Entry into a Material Definitive Agreement

CPS TECHNOLOGIES CORP/DE/ (CPSH) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 ex_999664.htm EXHIBIT 99.1 ex_999664.htm Exhibit 99.1 FOR RELEASE: IMMEDIATE CPS Technologies Announces Second Quarter 2026 Financial Results Successful Capital Raise and Improved Company Outlook Norton, Massachusetts – August 4, 2026 – CPS Technologies Corp. (NASDAQ:CP

CPS Technologies (NASDAQ:CPSH) saw unusual options activity as traders bought 1,896 call options, about 176% above typical daily volume (687). The stock rose to $12.46 on Wednesday. The company reported May 4 EPS of -$0.02 vs $0.01 expected and revenue of $7.03M vs $8.63M; analysts expect 0.04 EPS for the year.

RUM Group Inc. (formerly Rumble Inc.) secured a $13.7 billion AI infrastructure deal with an undisclosed customer for a Georgia data center. The company lacks financing for the project but remains obligated under the agreement. The customer will receive cloud GPU services and the option to buy 51 million shares at $0.01 per share. Tether, RUM's largest shareholder, previously invested $775 million in the company.

Alibaba (BABA) plans to raise $10.2B via a new share offering to expand its AI capabilities, including chips, cloud infrastructure, and AI applications. This move aims to position Alibaba as a full-stack AI competitor to Amazon (AMZN), Microsoft (MSFT), and Alphabet (GOOGL). The company's cloud and AI businesses grew 45% YoY, while capital expenditure rose 75% to $10B. Proceeds will enhance AI infrastructure, potentially impacting investors through dilution and long-term growth prospects, and co

United Parcel Service (UPS) issued US$325.11 million in callable, senior unsecured floating-rate notes maturing in 2076 to fund global investments. The company plans to invest over US$2.00 billion in International, Healthcare, and Supply Chain Solutions while maintaining its dividend. UPS projects $100.1 billion revenue and $7.2 billion earnings by 2029, requiring 3.6% yearly revenue growth.

Tyson Foods closed two beef plants, laying off 3,200 workers due to a 75-year low in US cattle herd. The closures follow $707M operating loss in beef division. Trump suspended beef import tariffs to lower prices, drawing criticism from cattle industry groups. USDA forecasts tight beef supplies through 2027.