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JUSTTHENEWS (The Center Square Staff) - Public-sector unions pour millions into campaign to keep Washington state income tax

Washington Education Association tops campaign donations for the effort aimed at convincing voters to reject Initiative 645, to repeal the state's income tax.

YOUTUBE (Fox Business) - OpenAI, Anthropic revenues are ‘THROUGH THE ROOF’: Impact3 co-founder #shorts #foxbusiness #fox

Impact3 co-founder Kyle Reidhead analyzes the future of the artificial intelligence revolution and investment opportunities in AI infrastructure on ‘Making Money.’ #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #makingmoney #ai #artificialintelligence #openai #anthropic #technology #tech #investing #investment #infrastructure #aiinfrastructure #markets #business #revenue #innovation #kylereidhead #impact3

JUSTTHENEWS (The Center Square Staff) - Federal tax burden rises across U.S., including California

Californians saw an average increase in their federal income taxes to $26,588 per filer. Delaware, interestingly, saw a decrease between 2021 and 2025 to $33,353 per filer.

AMERICANALMANAC (Alan Benson) - 'Practical Magic 2' takes No. 1 at the box office 28 years after the original

Sandra Bullock and Nicole Kidman's long-awaited sequel opened with an estimated $30 million domestically, ending "Spider-Man: Brand New Day"'s six-week reign atop the charts. Warner Bros. rolled the dice on nostalgia, and the bet paid off, at least for opening weekend. "Practical Magic 2" debuted at No. 1 across 4,146 North American theaters, pulling in […] The post 'Practical Magic 2' takes No. 1 at the box office 28 years after the original appeared first on American Almanac .

Sandra Bullock and Nicole Kidman's long-awaited sequel opened with an estimated $30 million domestically, ending "Spider-Man: Brand New Day"'s six-week reign atop the charts. Warner Bros. rolled the dice on nostalgia, and the bet paid off, at least for opening weekend. "Practical Magic 2" debuted at No. 1 across 4,146 North American theaters, pulling in $30 million Friday through Sunday and another $16 million from 77 international markets for a $46 million worldwide launch. The original 1998 film earned just $46 million during its entire domestic theatrical run before finding a devoted audience through home video and streaming. The sequel, directed by Susanne Bier and produced on a reported $75 million budget, reunites Bullock and Kidman…Open

JUSTTHENEWS (The Center Square Staff) - Legal cannabis produces almost $8.4B in California taxes

Newsom says tax dollars go toward public programs, including early childhood development, youth substance abuse prevention, medical research and environmental recovery projects.

AXIOS (Emily Peck) - What we learned from Nvidia's big day

Data: Source: S&P Capital IQ Pro, company releases; Note: Nvidia's fiscal year runs ahead of the calendar. The quarter ended July 2026 is its Q2 fiscal 2027.; Chart: Emily Peck/Axios AI behemoth Nvidia reported blowout earnings Wednesday — exceeding Wall Street's expectations — and even jaded investors who had grown a bit immune to the company's stratospheric growth over the past year seemed to like it. Why it matters: The chipmaker's earnings are viewed as a barometer of the overall health of the AI trade. - Every three months when it reports its financials, Wall Street combs through the numbers for signs the whole shebang is slowing down. By the numbers: The numbers are bonkers. Nvidia's revenue was $96.2 billion in the second…

What is the nature of the supply chain challenges currently facing Nvidia?
Nvidia is facing a squeeze due to surging demand for memory chips. The company noted that price increases in the memory space are exceeding expectations, which is expected to slightly shrink its margins for the coming year, though CFO Colette Kress characterized this as a "good problem" driven by the AI buildout.
Q&A ID 9e014c69-f473-4d14-8498-f60854b87762
According to Nvidia CEO Jensen Huang, what are the two drivers of AI demand besides hyperscalers?
CEO Jensen Huang stated that the other two drivers of AI demand are "sovereign AI" (countries building their own AI infrastructure) and the enterprise market (all other firms using AI).
Q&A ID a2ece7c1-a939-4255-8e73-2f0f766cec52
What specific customer deal did Colette Kress announce regarding chip purchases?
Colette Kress announced that Amazon will be purchasing an additional 2 million chips.
Q&A ID bbf7ac41-fe97-439a-b5a8-00defbffcaaa
How much is Nvidia committing to stock buybacks, and how does this compare to Alphabet's recent activity?
Nvidia is buying back $19 billion in stock, which is more than the company did last year. In contrast, Alphabet repurchased zero shares in its most recent quarter.
Q&A ID 8dd394f2-6b25-4684-a996-f6d69a4893b8
What are Nvidia's revenue growth expectations for the next fiscal year according to CFO Colette Kress?
CFO Colette Kress informed investors that the company expects revenue to jump by 70% next fiscal year, surpassing the previous expectation of 45%.
Q&A ID e1aa2353-18db-46bd-8576-6dce0b5acad9
What was Nvidia's reported revenue for the second quarter of fiscal year 2027, and how does it compare to the same period last year?
Nvidia reported revenue of $96.2 billion for the second quarter (which ended in July 2026), representing an increase of more than double the amount reported during the same period one year ago.
Q&A ID 337d28d2-7e6e-44ab-b61a-4c84861df826