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IBM beats fourth-quarter revenue estimates as artificial intelligence boosts software demand

IBM reported fourth-quarter revenue of $19.69 billion, surpassing Wall Street estimates as businesses accelerate software upgrades for AI technology. The company's AI book of business reached $12.5 billion, though its Red Hat hybrid cloud unit faced headwinds from the U.S. government shutdown, slowing growth to 10%.

Business3 sources

IBM beats fourth-quarter revenue estimates as artificial intelligence boosts software demand

Business3 sources

Samsung Electronics Q4 profit triples to record high as AI demand fuels memory chip shortage

Samsung Electronics reported a record-breaking fourth quarter with operating profit surging over 200% year-over-year to 20.1 trillion won ($14.03 billion). The South Korean tech giant's memory business hit all-time highs as artificial intelligence server demand created a global memory chip shortage, pushing prices higher. The company plans to begin mass shipments of next-generation HBM4 chips to customers including Nvidia next month.

Business7 sources

Samsung Electronics Q4 profit triples to record high as AI demand fuels memory chip shortage

Business7 sources

Tesla ends Model S and Model X production to make way for Optimus humanoid robots

Tesla will stop producing its Model S sedan and Model X SUV next quarter, ending production of its two longest-running electric vehicles. CEO Elon Musk announced the decision during the company's earnings call, stating it's part of a strategic shift to an autonomous future. The Fremont factory will be repurposed for manufacturing Optimus humanoid robots, with plans to produce 1 million units annually.

Business24 sources

Tesla ends Model S and Model X production to make way for Optimus humanoid robots

Business24 sources

Meta pivots to AI smart glasses after Reality Labs loses $19 billion on VR in 2025

Meta is redirecting its Reality Labs division away from virtual reality and toward AI-powered smart glasses after losing $19.1 billion on VR in 2025. CEO Mark Zuckerberg says smart glasses sales tripled last year and predicts most eyewear will become AI glasses within years, comparing the moment to the smartphone revolution. The strategic shift follows layoffs of over 1,000 Reality Labs employees and studio closures.

Business6 sources

Meta pivots to AI smart glasses after Reality Labs loses $19 billion on VR in 2025

Business6 sources

Meta plans to spend up to $135 billion on AI as Zuckerberg pivots from metaverse to personal data

Mark Zuckerberg revealed Meta will dramatically increase AI spending to between $115 billion and $135 billion in 2026, nearly double last year's $72 billion. The company is betting its massive trove of user data from Facebook, Instagram, and WhatsApp will give it a competitive edge in building personalized AI that understands individual users better than any rival.

Business12 sources

Meta plans to spend up to $135 billion on AI as Zuckerberg pivots from metaverse to personal data

Business12 sources

Microsoft's AI bet faces investor scrutiny despite strong earnings and surging Copilot usage

Microsoft reported $81.3 billion in revenue and $38.3 billion in net income, but Wall Street responded with skepticism. Investors worry about massive capital expenditures of $72.4 billion and the company's heavy reliance on OpenAI, which accounts for 45% of its $625 billion backlog. CEO Satya Nadella defended the strategy, citing tripled Copilot usage and 4.7 million GitHub Copilot subscribers.

Business25 sources

Microsoft's AI bet faces investor scrutiny despite strong earnings and surging Copilot usage

Business25 sources

ServiceNow beats Q4 estimates with AI-driven revenue growth and strategic acquisitions

ServiceNow delivered strong Q4 results with subscription revenues of $3.47 billion, up 21% year-over-year, as AI deployments gain traction. The company closed 244 deals over $1 million in net new annual contract value and projects 2026 subscription revenue above Wall Street estimates. Strategic acquisitions including Armis for $7.75 billion position ServiceNow to expand its total addressable market while its AI Control Tower addresses enterprise governance challenges.

Business4 sources

ServiceNow beats Q4 estimates with AI-driven revenue growth and strategic acquisitions

Business4 sources

Big Tech AI spending faces investor demand test as Meta soars and Microsoft stumbles

Meta's stock jumped 9% after reporting 24% revenue growth fueled by AI-enhanced ad targeting, while Microsoft dropped 10% despite massive AI investments. The contrasting market reactions reveal a critical shift: investors will tolerate record AI spending only when companies deliver strong financial returns, marking a turning point in Wall Street's patience three years after ChatGPT's launch.

Technology24 sources

Big Tech AI spending faces investor demand test as Meta soars and Microsoft stumbles

Technology24 sources

Meta stock surges 10% as revamped AI strategy delivers strong fourth-quarter financial results

Meta exceeded Wall Street expectations with $59.89 billion in Q4 revenue, up 24% year-over-year, and earnings of $8.88 per share. The company's artificial intelligence investments are paying off with measurable improvements in ad performance and engineering productivity. Despite projecting capital expenditures of $115-135 billion for 2026, investors rallied behind Meta's bullish revenue guidance and evidence that its revamped AI strategy is delivering tangible returns.

Business10 sources

Meta stock surges 10% as revamped AI strategy delivers strong fourth-quarter financial results

Business10 sources

SK hynix commits $10 billion to new U.S. AI solutions company as record profits surge on memory boom

South Korean memory giant SK hynix is establishing a $10 billion AI solutions company in the U.S., restructuring its California-based Solidigm subsidiary in the process. The move comes as the chipmaker posts record quarterly profits, with operating income surging 137% year-over-year driven by explosive demand for high-bandwidth memory chips used in AI data centers.

Business15 sources

SK hynix commits $10 billion to new U.S. AI solutions company as record profits surge on memory boom

Business15 sources

ASML reports record €13.2 billion orders as AI boom fuels unprecedented demand for EUV machines

Dutch semiconductor equipment giant ASML posted record fourth-quarter bookings of €13.2 billion, more than double analyst expectations and previous quarter results. The surge reflects chipmakers' growing confidence in sustained AI-related demand, with customers accelerating capacity plans for advanced logic and memory manufacturing. ASML projects revenue between €34-39 billion for 2026.

Business10 sources

ASML reports record €13.2 billion orders as AI boom fuels unprecedented demand for EUV machines

Business10 sources

Cloudflare stock surges 14% as Clawdbot AI agent buzz ignites edge computing demand

Cloudflare shares jumped 14% premarket Tuesday after viral social media buzz around Clawdbot, an AI agent built on Anthropic's Claude, rekindled investor interest in the company's infrastructure. The open-source agent drew thousands of GitHub stars over the weekend, signaling that agentic AI systems capable of autonomous task execution are moving beyond demos toward real-world applications.

Business3 sources

Cloudflare stock surges 14% as Clawdbot AI agent buzz ignites edge computing demand

Business3 sources

Intel prioritizes Xeon processors over PC chips as AI demand strains foundry capacity

Intel is reallocating manufacturing resources from consumer processors to data center chips as unexpected AI infrastructure demand creates supply bottlenecks. The company admits hyperscaler customers caught it off guard with surging orders, forcing difficult choices that could impact PC availability and pricing through early 2026.

Business7 sources

Intel prioritizes Xeon processors over PC chips as AI demand strains foundry capacity

Business7 sources

Autodesk cuts 1,000 jobs to redirect investments to AI and cloud platform initiatives

Design software maker Autodesk is eliminating roughly 1,000 positions, representing 7% of its global workforce, to redirect investments to AI and cloud. The workforce reduction primarily targets customer-facing sales teams as the company completes its sales and marketing optimization strategy, with restructuring charges expected between $135 million to $160 million.

Business2 sources

Autodesk cuts 1,000 jobs to redirect investments to AI and cloud platform initiatives

Business2 sources

Dell Technologies wins Barclays upgrade as AI server orders surge and enterprise markets recover

Dell Technologies secured a Barclays upgrade to Overweight from Equal Weight, driven by surging AI server demand and improving enterprise prospects. The company plans to ship $9.4 billion of AI servers in Q4, pushing full-year AI server shipments to approximately $25 billion. Barclays maintained its $148 price target while citing Dell's resilient operating margin profile and expanding market opportunities.

Business2 sources

Dell Technologies wins Barclays upgrade as AI server orders surge and enterprise markets recover

Business2 sources

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