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Tech News
Nvidia reported fiscal second-quarter net income of $59.69 billion, or $2.46 per share, for the May-July period, exceeding Wall Street forecasts. The results were driven by continued strong sales of the company's high-end AI chips, which remain central to the ongoing buildout of artificial intelligence infrastructure.
CrowdStrike beat Wall Street expectations for its fiscal second quarter, posting adjusted earnings of 31 cents per share and revenue of $1.47 billion, up 26% year over year. Annual recurring revenue climbed 25% to $5.84 billion, and the company swung to net income of $5.3 million from a loss a year earlier. Shares rose more than 11% in after-hours trading following the results and raised guidance.
With 2026 primaries mostly wrapped up, Democrats are eyeing several paths to retake the Senate majority beyond their original four-state plan targeting Alaska, North Carolina, Ohio and Maine. Strategists point to President Trump's approval rating dropping below 40 percent—and even near 30 percent in one poll—amid an unpopular Iran conflict and rising gas and grocery costs. In Alaska, former Rep. Mary Peltola leads incumbent Sen. Dan S. Sullivan by over 5 points, while a same-named candidate, Dan J. Sullivan, also made the general-election ballot, potentially confusing voters.
Okta reported quarterly revenue up 11% to over $800 million and net income more than doubling to $116 million, beating Wall Street estimates and sending shares up 19%. The company said new products, including its Okta for AI Agents tool now available to all customers, drove 30% of total bookings, with dozens of new AI-related deals closed including a multi-million-dollar healthcare contract.
Salesforce and Anthropic expanded their partnership by unveiling Claudeforce, a plugin embedding 37 pre-built sales skills directly into Anthropic's Claude chatbot, letting users draft emails, update records and perform other CRM tasks. It's the first time Salesforce has attached its 'force' branding to another company's product, with more integrations across Claude, Salesforce and Slack planned. The news came alongside Salesforce's fiscal second-quarter earnings, which beat Wall Street estimates.
Ring has introduced a new encryption system that deletes the company's copy of users' video decryption keys after 24 hours. This means that once that window closes, Ring itself no longer holds the keys needed to decrypt footage, restricting what it can hand over in response to law enforcement requests.
Virginia-based Operation Bluebird has launched Twitter.now, a new social network built on the belief that Elon Musk's X Corporation forfeited rights to the Twitter name, logo and 'tweet' terminology when it rebranded in 2022. The move comes despite an ongoing lawsuit X filed against the startup, after a federal judge tentatively suggested from the bench that X may indeed have abandoned those trademarks, though no written ruling has been issued. Cofounder and general counsel Stephen Coates, who held the same role at the original pre-Musk Twitter, said the company has waited long enough and decided to proceed regardless of the pending litigation.
Multiple Pixel users are reporting on Reddit that apps like Google Photos, Spotify, and CapCut are randomly crashing or refusing to stay open, while music apps skip tracks. Reports span devices including the Pixel 9 and Pixel 11, suggesting the issue isn't limited to newer hardware. One user says joining Google's System Services beta and updating resolved the crashes on their device.
Nvidia posted quarterly sales of $96.2 billion, topping analyst estimates by roughly 4%, marking a new high for the chipmaker. Despite the strong results, shares dipped slightly as broader market anxiety over the sustainability of AI-related spending overshadowed the earnings beat.
A new industry analysis argues that as AI coding agents rapidly improve and handle longer tasks asynchronously, the traditional sequential product development pipeline—idea, product, design, engineering, QA, production—is being restructured. Implementation, once the dominant time cost in this pipeline, is shrinking, shifting the bottleneck to verification and simulation instead.
A homeowner had an electrician install a dedicated 20A floor outlet, specifically for powering multiple raclette machines during gatherings, while the house was still under construction and wiring was accessible. The outlet was even labeled with a cheese icon on the official electrical diagram, filed alongside other living room circuits. A neighbor liked the idea so much he installed one too, but had to break three tiles since his home was already finished.
An opinion piece suggests communities resisting new data center construction could be won over by receiving actual financial stakes in the projects, modeled after the Consumer Stock Ownership Plan structure. Instead of only offering tax breaks or jobs, developers would share ownership benefits directly with residents near the facilities.