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Nvidia beats on top and bottom lines as company expects breakneck AI spend to continue

Nvidia reported better-than-expected earnings and revenue on Wednesday, and said sales growth this quarter will remain above 50%, signaling to Wall Street that demand for artificial intelligence infrastructure shows no sign of fading. The stock, which is up 35% this year after almost tripling in 2024, slipped in extended trading as data center revenue came up short of estimates for the second straight period. Shares pared the losses Thursday. Here's how the company did, compared with estimates

Nvidia beats on top and bottom lines. Here's why the stock is falling

Nvidia reported better-than-expected earnings and revenue on Wednesday, and said sales growth this quarter will remain above 50%, signaling to Wall Street that demand for artificial intelligence infrastructure shows no sign of fading. The stock, which is up 35% this year after almost tripling in 2024, slipped in extended trading as data center revenue came up short of estimates for the second straight period. Here's how the company did, compared with estimates from analysts polled by LSEG: Ea

China Nvidia rival Cambricon adds to $40 billion rally with 4,000% revenue jump

Chinese semiconductor firm Cambricon posted record profit in the first half of the year underscoring how local challengers to Nvidia are gaining traction as Beijing looks to boost its domestic industry. Cambricon is among a plethora of companies in China that are vying to be an alternative to American giant Nvidia when it comes to providing the chips required to train and run artificial intelligence applications and models. In the first half of the year, Cambricon said revenue surged more than

Ember (YC F24) Is Hiring Full Stack Engineer

AI RCM. A/R Analysis in 3 days or less. Reduce claim denials by 55%. Connect directly with founders of the best YC-funded startups. At Ember, we’re building the future of healthcare operations. Behind every provider is a mountain of administrative complexity — from billing to revenue cycle management — and these inefficiencies directly impact care, cost, and outcomes. At Ember, we’re simplifying the back office of healthcare through intelligent automation, helping providers focus on what matt

Perplexity has cooked up a new way to pay publishers for their content

Perplexity is launching a new revenue-sharing plan for publishers that will pay them every time its AI assistants use an article to answer a question, The Wall Street Journal reports. Perplexity is launching the plan (and partially paying for it) with a new Comet Plus subscription that gives subscribers access "to premium content from a group of trusted publishers and journalists." Comet Plus costs $5 per month, and based on Perplexity's description, it's primarily designed to account for the a

Workday beats estimates but CEO warns of challenges in education and government

CEO of Workday Carl M. Eschenbach and Ana Eschenbach attend the Allen and Company Sun Valley Media and Technology Conference at The Sun Valley Resort in Sun Valley, Idaho, U.S., July 10, 2025. Workday reported an earnings beat on Thursday, but issued guidance that was inline with estimates and warned of pressure in some areas. The shares slipped in extended trading. Here's how the company did relative to LSEG consensus: Earnings per share: $2.21 adjusted vs. $2.11 expected $2.21 adjusted vs.

Branch prediction: Why CPUs can't wait?

Recently, I have had some free time and started learning some low-level computer fundamentals, trying to practice and better understand the concepts in greater detail. Along the way, I learned about a modern compiler infrastructure named LLVM, which is a target-independent optimizer and code generator that has been used as a part of many compilers for different programming languages like Rust, Zig, or Haskell. While diving into LLVM’s aggressive optimization features, I have a humbling realizati

Appfigures: ChatGPT app sees a 673% increase in global revenue in 2025

A new report from Appfigures shows ChatGPT firmly leading the pack in revenue per download among the top AI assistant apps. Here’s the breakdown. According to the report (via TechCrunch), since launching in May 2023, the ChatGPT app has generated $2 billion in global consumer spending across iOS and Android, with a 673% year-over-year surge in 2025 alone. Appfigures also says the app has been downloaded 318 million times so far this year, 2.8 times more than in the same period last year. Indi

How AI startups are scaling revenue 'faster than any other companies in cloud history' - and what's next

Bessemer Venture Partners ZDNET's key takeaways AI startups are reaching revenue milestones faster than ever. A new, AI-native social media giant could emerge. Startups must be ready for lots of acquisition interest In its annual overview of artificial intelligence (AI), venture capital firm Bessemer Venture Partners on Wednesday said that startups it funds -- such as Anthropic, Perplexity, and Canva -- are reaching meaningful turning points in their revenue faster than at any other time in

Chinese tech giant Tencent's quarterly revenue jumps 15% on AI investments, gaming unit boost

The Tencent logo is displayed on the exterior of a building at the company’s headquarters, with a surveillance camera visible in the foreground, on November 30, 2024, in Shenzhen, Guangdong Province, China. Tencent on Wednesday reported a 15% jump in second-quarter revenue as a strong performance in its gaming unit and AI investments boosted growth. Here's how Tencent did in the first quarter of 2025: Revenue: 184.504 billion Chinese yuan ($25.7 billion), compared to 161.117 billion Chinese y

CoreWeave shares drop even as revenue and guidance top estimates

Mike Intrator, co-founder and CEO of CoreWeave, speaks at the Nasdaq headquarters in New York on March 28, 2025. CoreWeave shares slid 11% in extended trading on Tuesday even as the provider of artificial intelligence infrastructure issued results and guidance that beat expectations. Here's how the company did in comparison with LSEG consensus: Earnings per share: Loss of 21 cents Loss of 21 cents Revenue: $1.21 billion vs. $1.08 billion expected Revenue more than tripled from $395.4 millio

Let's get real about the one-person billion dollar company

If you like this post, follow my journey on Twitter: https://x.com/random The biggest hurdle to the one-person billion dollar company is not AI capability, but founder pain tolerance. Sam Altman is betting on it in his private group chats. Dario Amodei predicted it'll happen in 2026. These geniuses think the one-person billion dollar company is inevitable, and unicorn teams are getting smaller, but a one person? That’s not going to just happen. One person is an intentional choice by an i

Trade Desk tanks 39% for worst day ever on CFO departure and competition from Amazon

In this article TTD Follow your favorite stocks CREATE FREE ACCOUNT Jeff Green, CEO of The Trade Desk. Scott Mlyn | CNBC Shares of The Trade Desk plummeted 39% on Friday, their worst day on record, after the ad-tech company announced the departure of its CFO and analysts expressed concerns about rising competition from Amazon . The Trade Desk, which went public in 2016, suffered its steepest prior drop in February, when the shares fell 33% on a revenue miss. In its second-quarter earnings repo

Trade Desk tanks almost 40% on CFO departure, tariff concerns and competition from Amazon

In this article TTD Follow your favorite stocks CREATE FREE ACCOUNT Jeff Green, CEO of The Trade Desk. Scott Mlyn | CNBC Shares of The Trade Desk plummeted almost 40% on Friday and headed for their worst day on record after the ad-tech company announced the departure of its CFO and analysts expressed concerns about rising competition from Amazon . The Trade Desk, which went public in 2016, suffered its steepest prior drop in February, when the shares fell 33% on a revenue miss. In its second-q

Is Google TV in trouble? A new report reveals concerning details

Edgar Cervantes / Android Authority TL;DR Google is reportedly having trouble securing revenue from its Google TV platform. It has now resorted to lowering its commissions on ad spaces to incentivize advertisers. Google is facing heat from competitors such as Samsung’s Tizen, LG’s WebOS, Roku, and Amazon’s Fire OS in the US. Back in 2020, Google merged its Android TV and Chromecast efforts and launched a Google TV interface aimed at increasing discovery. While its focus to promote relevant c

Apple’s F1 film helped drive Formula One Group’s top-speed revenue growth

The F1 movie isn’t just a hit for Apple. The Formula One Group credits Apple in part for its recent revenue boost. The Hollywood Reporter has the story: The company, which is owned by Liberty Media, saw a one-time revenue increase from the release of the film in late June, which contributed to the group’s 40 percent rise in revenue year-over-year to hit $1 billion. Executives quantified the impact of the movie on revenue as “as a mid-teens number for the quarter,” with other drivers including

Coffee-shop pitch change helped founder unlock traction for laptop campers

Julia Vidal, co-founder of Badge, began with a simple problem: remote workers often roam the city searching for a workplace that won’t shoo them away. As coffee shops and cafés are increasingly adopting no-laptop policies, she envisioned a startup. What if partnered cafés allowed the reservation of a laptop spot, but just with a minimum spend, so everybody is happy? Basically, AirBnB, for café-based workspaces with proper WiFi. Quick prototype validates demand on the consumer side To test wh

Super Micro shares plunge 15% on weak results, disappointing guidance

Charles Liang, CEO of Super Micro, speaks at the Computex conference in Taipei, Taiwan, on June 1, 2023. Super Micro Computer shares slid 15% in extended trading on Tuesday after the server maker reported disappointing fiscal fourth-quarter results and issued weak quarterly earnings guidance. Here's how the company did in comparison with LSEG consensus: Earnings per share: 41 cents adjusted vs. 44 cents expected 41 cents adjusted vs. 44 cents expected Revenue: $5.76 billion vs. $5.89 billion

Palantir stock pops 6% after blowout quarter driven by AI, efficiency demand

Palantir's U.S. government revenues rose 53% from the year-ago period to $426 million as the company continues to benefit from President Donald Trump 's focus on efficiency. U.S. revenues grew 68% year over year $733 million, while U.S. commercial revenues nearly doubled to $306 million. "We're very proud and we're sorry that our haters are disappointed, but there are many more quarters to be disappointed, and we're working on that too," he added. CEO Alex Karp called the earnings results a "

Palantir stock pops 8% after blowout quarter driven by AI, efficiency demand

Palantir's U.S. government revenues rose 53% from the year-ago period to $426 million as the company continues to benefit from President Donald Trump 's focus on efficiency. U.S. revenues grew 68% year over year $733 million, while U.S. commercial revenues nearly doubled to $306 million. "We're very proud and we're sorry that our haters are disappointed, but there are many more quarters to be disappointed, and we're working on that too," he added. CEO Alex Karp called the earnings results a "

Palantir tops $1 billion in revenue for the first time, boosts guidance

Palantir topped Wall Street's estimates Monday, surpassing $1 billion in quarterly revenue for the first time, and hiking its full-year guidance. Shares rallied more than 5%. Here's how the company did versus LSEG estimates: Earnings per share: 16 cents adj. vs. 14 cents expected 16 cents adj. vs. 14 cents expected Revenue: $1.00 billion vs. $940 million expected The artificial intelligence software provider's revenues grew 48% during the period. Analysts hadn't expected the $1 billion reve

Microsoft tops $4T in valuation: Great news for MSFT, not so great for workers

If you own Microsoft stock, you’ve got to be happy. Microsoft’s latest financial results for the quarter ending June 30, 2025 were robust: Revenue reached $76.4 billion (up 18% year-over-year), with net income at $27.2 billion (up 24%). The primary driver was robust growth in Microsoft’s cloud and AI businesses. Azure’s revenue, which has finally been separated out in the financial reporting, now stands at $75 billion in annual revenue, representing a 34% surge for the year. Put it all togethe

Apple reports Q3 2025 earnings: $94.04 billion in revenue, up 10% (charts)

Apple just released its earnings report for fiscal Q3 2025 ended June 28. The company generated $94.04 billion in revenue, up 10% from the same quarter last year, and above the expected revenue of $89.22 billion. Here’s the full breakdown. AAPL Q3 2025 earnings Apple reported $1.57 earnings per share for Q3 2025, and $23.42 billion in profit. Here is the full breakdown of the top numbers: Total revenue: $94.04 billion iPhone revenue: $44.58 billion Mac revenue: $8.05 billion iPad revenue:

Apple ships 3 billionth iPhone as quarterly revenue jumps 10% – its biggest growth since 2021

What just happened? Apple has sold a lot of iPhones since the first model launched in 2007. As we approach the 20-year anniversary, Cupertino's handsets have hit a milestone: 3 billion units have now been shipped. It was an excellent quarter overall for Apple, partly spurred by people panic-buying its products over fears that the Trump tariffs would drastically increase their prices. With fears of falling behind rivals in the AI race, struggling in its once-dominant China market, and facing pre

Apple reports biggest revenue growth since December 2021

Apple CEO Tim Cook attends the world premiere of "F1" at Times Square in New York on June 16, 2025. Apple reported third-quarter earnings on Thursday that topped Wall Street expectations for profit and revenue. iPhone sales grew 13% year-over-year and overall revenue grew 10% — Apple's largest quarterly revenue growth since December 2021. Apple shares were up about 3% in after-hours trading on Thursday. Here's how Apple did versus consensus estimates for the quarter ending June 28: Earnings

Coinbase shares tumble as second-quarter revenue disappoints

Coinbase shares fell Thursday as second-quarter revenue fell shy of analysts' estimates. Gains in the cryptocurrency exchange's subscription revenue failed to offset weaker trading volumes. In the quarter ended June 30, Coinbase net income rose to $1.43 billion, or $5.14 per share, from $36.13 million, or 14 cents per share, a year ago. Earnings in the latest period benefited from a gain $1.5 billion related its Circle investment and $362 million from its crypto investment portfolio. On an adj

After laying off 15,000 employees, Microsoft reveals Xbox Game Pass revenue hit nearly $5 billion

What just happened? Despite Microsoft laying off over 15,000 employees so far this year, the company has just revealed that revenue from its Xbox Game Pass service reached almost $5 billion for the first time over the last year. Overall company revenue for the fourth fiscal quarter was up 18%, while net income jumped 24%. Microsoft's Xbox content and services revenue, which include Xbox Game Pass, was up 13% for the quarter. CEO Satya Nadella said on an earnings call that Game Pass revenue had

Robinhood reports second-quarter earnings beat with revenue climbing 45%

Robinhood beat Wall Street expectations for the second quarter Wednesday, extending a hot streak that has made it the best-performing large-cap U.S. tech stock this year. Here is how Robinhood's results compared to Wall Street estimates, according to analysts surveyed by LSEG: Earnings per share: 42 cents vs. 31 cents expected 42 cents vs. 31 cents expected Revenue: $989 million vs. $908 million expected Revenue jumped 45% year-over-year to $989 million, while net income more than doubled to

Microsoft stock pops 9% on earnings beat as Azure annual revenue tops $75 billion

Microsoft CEO Satya Nadella speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. Microsoft shares jumped 9% in extended trading on Wednesday after the company reported better-than-expected earnings and revenue for the fiscal fourth quarter. Here's how the company performed in comparison with LSEG consensus: Earnings per share: $3.65 vs. $3.37 expected $3.65 vs. $3.37 expected Revenue: $76.44 billion vs. $73.8

Microsoft stock pops 8% on earnings beat as Azure annual revenue tops $75 billion

Microsoft CEO Satya Nadella speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. Microsoft shares jumped 8% in extended trading on Wednesday after the company reported better-than-expected earnings and revenue for the fiscal fourth quarter. Here's how the company performed in comparison with LSEG consensus: Earnings per share: $3.65 vs. $3.37 expected $3.65 vs. $3.37 expected Revenue: $76.44 billion vs. $73.8