Browsing: earnings
CoreWeave CEO Michael Intrator cites ‘sold out’ capacity and surging backlog for AI infrastructure
Neocloud provider CoreWeave’s revenue more than doubled in the second quarter, totaling $2.58 billion and topping analysts targets thanks to…
Elon Musk: SpaceX will dominate AI compute because data centers a trivial problem for rocket scientists
After spending nearly $16 billion on artificial intelligence infrastructure in the second quarter, Elon Musk used SpaceX’s first earnings call…
SpaceX has been on a slide since hitting a $2 trillion valuation milestone at its June IPO, shedding close to…
Palantir CEO Alex Karp celebrates 93% revenue growth as stock jumps after blockbuster earnings
When it was Alex Karp‘s turn to speak on Palantir’s second-quarter earnings call Monday evening, the CEO could barely contain…
Palantir crushes earnings as AI demand sends revenue soaring 93% and prompts another guidance hike
Palantir blew past Wall Street’s financial targets in its second quarter and forecast strong growth in the coming months, sending…
Chevron posts largest quarterly profit ever, Exxon income surges as Iran war squeezes oil supply
Chevron reported its largest quarterly net profit ever—$12.1 billion—on Friday as the Big Oil giants demonstrate how they’re reaping the…
Apple said it is facing severe supply constraints that will affect sales of iPhones and Macs in the months ahead,…
Andy Jassy said Amazon will spend $220 billion this year—and still won’t have enough capacity
Amazon’s stock price jumped more than 9% in after-hours trading on Thursday after the retail-and-AI giant reported second-quarter results buoyed…
Microsoft’s $480 billion rally fuels a debate: financial nihilism or the true AI moat, finally coming into view?
Microsoft added nearly $500 billion in market value ($480 billion, to be exact) in a single trading session on Thursday—a…
Microsoft stock has biggest one-day gain since 2008, adding $480 billion in market value
Microsoft stock prices surged as much as 17% on Thursday to above $455, the largest single-day gain in nearly 20…












