InterDigital is demanding 101.7 million euros in damages from Disney in Germany for patent infringement related to HDR streaming on Disney+. The claim covers the period from March 2020 to the end of 2025, and follows a preliminary injunction issued by the Munich I Regional Court in November 2025. Disney has removed Dolby Vision and temporarily 4K resolution from its German offering, leading to special termination rights for premium customers.

Morgan Stanley projects that Tesla's Semi business could add approximately $80 billion to the company's value, driven by high diesel prices and potential self-driving software revenue. Analyst Andrew Percoco believes Tesla could generate significant software income from autonomous Semis, despite the company's current low production volumes and the need to operationalize autonomous features. This projection is based on an estimated 82,000 Semis on the road by 2040 and significant cost savings for fleet operators through autonomy.

Kalshi Inc. is planning to file for regulatory approval to offer single-stock perpetual futures in the U.S., focusing on shares of Tesla, Apple, and Nvidia. The New York-based company intends to submit its application to the Commodity Futures Trading Commission and Securities and Exchange Commission as early as next week. If approved, these would be the first single-stock perpetual futures offered in the United States, marking a significant expansion for newer trading platforms.

Ciena, Arista Networks, and Cisco all saw significant stock increases of 4-5% on Friday, driven by a targeted sector rotation into networking equipment rather than individual company news. Ciena's surge reversed its post-earnings selloff, and its weekly gain of 10.7% positions it as a key indicator for the group's continued momentum. The coordinated rise suggests a broader demand for infrastructure, with future performance dependent on whether these gains hold and attract fresh buyers.

Sealsq Corp. reported its financial results for the first half of 2026, showing a narrower net loss of $27.8M (-$0.13 per share) and a significant revenue increase of 131.0% to $11.2M. The growth was primarily driven by the adoption of its quantum-resistant security chip solutions, particularly in North America. The company also issued FY2026 revenue guidance of $27.0M to $36.0M, reflecting confidence in continued momentum.

Adobe Inc. reported a beat on both revenue and earnings for its third quarter, with revenue rising 13% to a record $6.76 billion and non-GAAP earnings at $6.13 per share. Despite the strong quarterly performance and significant growth in AI-first annual recurring revenue, the company's fourth-quarter revenue guidance fell slightly below analyst consensus, leading to a premarket stock decline. Adobe also repurchased approximately 9.5 million shares, reducing its share count.

Cisco Systems Inc. is transforming traditional contact centers into "context centers" within its Webex customer experience division, focusing on maintaining continuous customer history across all touchpoints. Vinod Muthukrishnan, VP and GM of Webex customer experience, explains this shift as "agentic CX," moving beyond simple transactional bots to orchestrating entire customer relationships. The initiative, highlighted at "The AI ROI in Contact Center Summit," emphasizes building secure and observable AI agents through a unified control plane called AI Agent 360, ensuring a seamless and accountable customer experience.

Palo Alto Networks CEO Nikesh Arora estimates that AI is driving a need to modernize approximately $1 trillion of outdated cybersecurity infrastructure. The company reported strong fiscal fourth-quarter results, with revenue up 34% and next-generation security annual recurring revenue up 63%. While this presents a significant opportunity for Palo Alto, the company faces challenges including the time it will take for spending to materialize and intense competition in the cybersecurity market.

Affirm Holdings (AFRM) saw a 5% rally on Friday without a specific company announcement, suggesting the move is a technical unwinding of an oversold condition earlier in the week. While peer buy now, pay later companies like Klarna and PayPal also ticked up, their modest gains indicate that Affirm's rally is company-specific rather than a sector-wide repricing. The article suggests this is likely an "inventory-driven" move, meaning it may not hold its gains over the long term without new fundamental information.

Major Wall Street banks, including Goldman Sachs and Bank of America, are reportedly competing to manage the wealth of Anthropic PBC employees after the AI company's planned initial public offering. Anthropic has solicited proposals from various financial firms regarding wealth management services, fees, and operational details. This initiative aims to help employees manage their expected financial gains post-IPO, similar to how SpaceX employees collectively negotiated wealth management services before their company's public listing.