Tag
NVIDIA reported Q2 FY2027 revenue of $96.2 billion, up 106% year-over-year, driven by strong AI demand and the full production ramp of the Vera Rubin platform.
Nvidia is on track to surpass $100 billion in quarterly revenue, with a record $96.2 billion in earnings last quarter, largely fueled by its data center business.
AMD reports record Q2 2026 revenue of $11.5 billion, driven by explosive data center growth for AI infrastructure, while its gaming segment declines sharply due to high component costs and market challenges.
OpenAI paused frontier training for two weeks due to security hardening, increasing monitoring overhead by 20%, while Anthropic raised its misalignment risk rating and reported doubled revenue. Data centers face power curtailment threats, and Unitree Robotics surged 629% on its Shanghai IPO debut.
CoreWeave's losses doubled and cash burn soared, but investors remain optimistic due to massive AI demand and a $104B backlog, with revenue growing 112% year-over-year.
Atlassian CEO Mike Cannon-Brookes says the company has managed to control AI costs while Rovo usage grows, though margins will dip slightly due to AI hosting expenses. The article contrasts Atlassian's approach with struggles at Canva and Uber.
Nintendo reported a 150.5% surge in quarterly operating profit, boosted by strong game sales and approximately $300 million in US tariff refunds, but is facing a lawsuit over keeping those refunds while consumers paid higher console prices.
Shopify reports a strong Q2 with $116B in merchant sales (up 32% YoY), $3.6B revenue, and $654M free cash flow, highlighting continued growth partially driven by AI shifts.
Elon Musk announces that SpaceX's first earnings call as a public company is streaming now via an audio-only webcast.
SpaceX reported Q2 2026 results with revenue up 92% year-over-year to $7.8 billion, highlighting Starship V3 test flights, $14.1 billion in cloud services contracts, the planned $60 billion acquisition of Cursor, the release of Grok 4.5, and strong Starlink subscriber growth.
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.
Google Cloud's annualized revenue reaches approximately $99 billion, up 82% year-over-year, with a sharp increase in growth rate.
Google reported its first negative cash flow quarter ever due to massive AI infrastructure spending of $44.9 billion in Q2 2026, despite strong revenue of $119.8 billion.
Tesla's Q2 2026 revenues grew 26% to $28.2B, but operating expenses rose 47% and profit margins fell to 1.4% as increased spending, including on AI, squeezed profitability.
Micron's strong quarterly earnings signal a significant shift in the AI memory market, highlighting increased demand for memory chips used in AI applications.
The company behind $FIG reported Q1 results with 46% YoY revenue growth, increasing net dollar retention rate to 139%, and raising 2026 revenue guidance.