earnings

Microsoft reports record FY26 Q4 results with 18% revenue growth to $90B, driven by strong demand for Microsoft Cloud (Azure surpasses $100B) and Microsoft 365 Copilot reaching 30 million paid seats.

Mark Zuckerberg predicts that billions of people will have personal AI agents within five years, discussing Meta's investments in AI infrastructure during the company's quarterly earnings call.

Microsoft reported a $3.2 billion gain from its Anthropic investment in the fourth quarter of fiscal 2026, while its OpenAI investment was written down by $600 million, though it gained $5 billion for the full year.

Microsoft's Q4 2026 earnings report shows Xbox revenue declining 10% while cloud and AI revenue surged to $59 billion, driven by Azure and Microsoft 365 Copilot growth.

Meta stock crashed over 9% after reporting weaker than expected earnings.

Intel reported Q2 2026 earnings with 25% revenue growth, its fastest in 15 years, driven by AI infrastructure demand. Shares initially rose but later fell; the company issued strong guidance and highlighted long-term server CPU agreements.

IBM reported a 42% drop in mainframe sales, leading to a 25% stock crash, but CEO Arvind Krishna insists the decline is temporary due to customers prioritizing AI hardware spending, not a sign of mainframe demise.

Google's cloud revenue surged 82% to $24.8 billion, driven by enterprise AI adoption, justifying its massive AI spending. CEO Sundar Pichai highlighted strong momentum and long-term deals, with Gemini reaching 950 million monthly active users.

After two years of declining sales and profits, Tesla reported a 26% increase in revenue and 25% increase in vehicle deliveries in Q2 2026, signaling a recovery despite challenges in its robotaxi operations and FSD safety.

Tesla expands its Robotaxi service to Orlando and Tampa, but the fleet remains small and inconsistent, with only 17 unsupervised vehicles in Austin and none in Houston, contrasting sharply with Waymo's thousands of driverless vehicles.

IBM's stock plunged 24% after CEO Arvind Krishna warned of worse-than-expected quarterly performance due to customers shifting budgets to AI datacenter components, causing delayed mainframe purchases and disrupted deals.

Samsung Electronics' Q2 operating profit surged 19 times year-on-year, surpassing Nvidia to become one of the world's most profitable companies, marking the second phase of AI infrastructure—where computing power is not just about GPUs but the entire supply chain (including HBM, DRAM, NAND, etc.). The article points out that AI companies need to understand models, engineering, and supply chain simultaneously to survive.

Hon Hai (Foxconn) reported a 40% jump in quarterly sales, beating analyst estimates, driven by sustained AI demand and shipments of AI server racks.

This article outlines key points of the AI supply chain in July earnings reports from multiple tech companies, including trends in memory, equipment, foundry, AI chips, and cloud services, emphasizing TSMC's central role in the AI supply chain.

Micron's strong quarterly earnings signal a significant shift in the AI memory market, highlighting increased demand for memory chips used in AI applications.

Cerebras Systems stock dropped nearly 20% after forecasting narrower gross margins despite better-than-expected Q1 earnings; CEO Andrew Feldman said the margin outlook was misunderstood due to equipment rental costs.

Micron is thriving amid the AI-driven memory chip shortage, reporting record quarterly earnings and a strategic deal with Anthropic, while consumers face rising prices.

Micron stock surged 6.8% to an all-time high of $1,211.38 after signing a memory supply deal with AI lab Anthropic, driven by AI demand for high-bandwidth memory. Analysts have raised price targets but view $3,000 as a long shot.

Accenture's stock plunged ~18% after fiscal Q3 2026 earnings missed revenue expectations and cut guidance, underscoring the gap between AI hype and real business impact.

Oracle shares fell 11% after the company announced an additional $20 billion capital raise and reported negative free cash flow of $23.7 billion for fiscal 2026, as investors worry about the high cost of its AI buildout. Despite beating Q4 estimates, the stock is down for the year.