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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.
Billionaire investor Dan Loeb states that Nvidia at 15 times forward earnings is not expensive, commenting on the company's valuation.
NVIDIA has removed gaming as a standalone revenue category, folding it into a broader Edge Computing division, signaling a strategic shift towards AI and accelerated computing.
Nvidia reported record quarterly revenue of $81.6B, driven by data center sales, and revealed $43B in startup holdings, with significant investments in AI companies like OpenAI and Anthropic.
ZipchatAI founder announces reaching $1M in earnings from the Shopify app store, a notable milestone for the team.
The company behind $FIG reported Q1 results with 46% YoY revenue growth, increasing net dollar retention rate to 139%, and raising 2026 revenue guidance.
Cloudflare reported Q1 2026 earnings that beat expectations but announced a 20% workforce reduction of 1,100 employees due to a shift toward an agentic AI-first operating model, causing shares to drop 24%.