One World Products Partners with Los Gatos on Tomato-Pomace Materials

Datavault AI (DVLT) shares fell 50% after the company disclosed it cannot withdraw bitcoin tied to a $150 million deal with Scilex. The bitcoin was meant to pay for 15 million shares. The company also reported accounting errors affecting past financial statements, with expected asset reductions of $8.1M to $92.2M for various periods.

Broadcom Inc. (AVGO) backed a $63B financing deal for Anthropic, guaranteeing $43.5B of debt. The deal, involving Bank of America, Citigroup, Morgan Stanley, and Blackstone, includes a $2B IPO for Anthropic. Broadcom's CEO Hock Tan secured the deal with higher interest rates. Analysts maintain a 'Strong Buy' rating for AVGO, with an average price target of $529.

General Motors plans to introduce hybrid versions of its top-selling three-row SUVs: Chevrolet Traverse, Buick Enclave, and GMC Acadia. The move shifts focus from EVs, with hybrids to be produced at the Lansing, Michigan plant. GM shares rose 6% on the news. CEO Mary Barra confirmed the shift, noting no additional capital expenditure. GM's U.S. market share fell to 16.6% in 2026. Separately, GM will move its stock listing from NYSE to Nasdaq, starting November 17, 2026.

Oracle and OpenAI showcased AI tools at Oracle AI World, highlighting adoption metrics. Oracle's $664B contract backlog, half tied to OpenAI, was discussed without addressing funding. Oracle reported negative free cash flow of $5B and $28.5B in capital spending. OpenAI's GPT-6 and Codex saw strong adoption within Oracle, with 130,000 and 95,000 active users, respectively. Oracle aims to shift revenue toward software, potentially reducing reliance on rented capacity.

Anthropic's upcoming IPO could yield billions for investors, with Amazon as the largest beneficiary. Amazon holds $6.2B in convertible notes and invested $10B in preferred stock, totaling $18B. VCs hold smaller stakes, with none exceeding 5%. Anthropic's valuation is $965B, and Amazon's notes are valued at $97.9B as of June 30, 2026.

Lockheed Martin (LMT) won a $694M U.S. Air Force contract for hypersonic missiles and plans a Patriot facility in Poland. The contract covers production of the Air-Launched Rapid Response Weapon (ARRW). The company also announced a $67M expansion of its Alabama facility for ARRW production, with plans to invest $8B-$9B in munitions capacity through 2030. The Polish facility will support NATO missile maintenance.