Quarterly Results

Twitter

Facebook

Copy Link

Top News

Super Micro Computer Stock Surges 7% on Crushing Earnings Beat and $65-72B Revenue Guidance

Super Micro Computer delivered a stunning earnings beat with adjusted EPS of $1.70 versus analyst expectations of just 92 cents. The AI server maker issued revenue guidance of $65-72 billion for fiscal 2027, far exceeding Wall Street's $53 billion forecast, as data center demand for AI infrastructure continues to accelerate.

Business10 sources

Super Micro Computer Stock Surges 7% on Crushing Earnings Beat and $65-72B Revenue Guidance

Business10 sources

Riot Platforms Lands $9.1 Billion AI Data Center Deal, Stock Surges 24% on Anthropic Lease

Riot Platforms secured a 20-year AI data center lease worth $9.1 billion with a frontier AI lab reported to be Anthropic, covering 191 megawatts at its Rockdale facility. The deal marks a decisive shift from Bitcoin mining to AI infrastructure, driving the stock up 24% in after-hours trading as analysts raised price targets to as high as $40.

Business5 sources

Riot Platforms Lands $9.1 Billion AI Data Center Deal, Stock Surges 24% on Anthropic Lease

Business5 sources

Micron Technology's AI Demand Boom Could Generate $640 Billion in Free Cash Flow by 2030

Micron Technology's executives revealed customers are scrambling for memory chips even at elevated prices as AI infrastructure growth creates unprecedented demand. Bank of America projects the company could generate over $640 billion in cumulative free cash flow through 2030, while supply constraints are expected to tighten further through 2027.

Business5 sources

Micron Technology's AI Demand Boom Could Generate $640 Billion in Free Cash Flow by 2030

Business5 sources

Upwork Slashes 2026 Forecast as AI Automation Reshapes Freelance Marketplace

Upwork cut its full-year revenue forecast to $730 million-$750 million from $760 million-$790 million, citing faster-than-expected AI automation, labor market weakness and Google SEO deterioration. Active clients fell 4% to 763,000 while gross services volume declined 3.6% to $966.4 million, even as AI-related work grew 22% year-over-year.

Business6 sources

Upwork Slashes 2026 Forecast as AI Automation Reshapes Freelance Marketplace

Business6 sources

JPMorgan Raises S&P 500 Target to 8,000 as AI Spending Begins Converting to Revenue Growth

JPMorgan strategists lifted their S&P 500 year-end target to 8,000 from 7,800, marking the second increase in two months. The revision comes as stronger corporate earnings and clear evidence that massive AI investments by tech giants are translating into accelerating revenue growth, particularly in cloud businesses.

Business3 sources

JPMorgan Raises S&P 500 Target to 8,000 as AI Spending Begins Converting to Revenue Growth

Business3 sources

Wall Street Backs Csquare Stock as AI Demand Drives Data Center Boom

Csquare went public in July at $21 per share and analysts see major upside ahead. Bank of America initiated coverage with a buy rating and $46 price target, citing the company's ability to address AI-driven data center supply constraints. The Texas-based operator runs 80 colocation data centers with 670 megawatts of expansion capacity across North America and the UK.

Business2 sources

Wall Street Backs Csquare Stock as AI Demand Drives Data Center Boom

Business2 sources

Atlassian Defies SaaSpocalypse With 35% Surge as AI Becomes Growth Driver, Not Threat

Atlassian shares jumped 35% after reporting strong fourth-quarter results that beat expectations, with revenue reaching $1.77 billion and cloud revenue growing 31%. The company turned fears about AI replacing enterprise software upside down, positioning its Teamwork Graph as the context layer AI agents need to function effectively.

Business6 sources

Atlassian Defies SaaSpocalypse With 35% Surge as AI Becomes Growth Driver, Not Threat

Business6 sources

Airbnb says AI writes 60% of its code as revenue jumps 17% and stock surges 15%

Airbnb posted strong Q2 earnings with $3.6 billion in revenue, up 17% year-over-year, as CEO Brian Chesky credited artificial intelligence for transforming the company. AI now writes 60% of Airbnb's code and has cut product development time by 60%, while an AI-powered customer support bot resolves 45% of issues without human intervention, reducing support costs by 16%.

Business11 sources

Airbnb says AI writes 60% of its code as revenue jumps 17% and stock surges 15%

Business11 sources

Doximity Stock Jumps 78% After CEO Reveals AI Search Tool Generates 10x Returns on Investment

Doximity stock skyrocketed over 78% after CEO Jeff Tangney disclosed that the company's AI search tool generates 10 times more revenue than it costs to operate. The physician-focused digital medical platform also reported that its clinical AI assistant outperformed competitors including Anthropic in independent testing, signaling major growth potential in the healthcare AI market.

Business6 sources

Doximity Stock Jumps 78% After CEO Reveals AI Search Tool Generates 10x Returns on Investment

Business6 sources

Twilio Stock Jumps 17% as Voice AI Powers Strong Earnings Beat and 22% Revenue Growth

Twilio delivered a strong Q2 earnings beat with $1.47 per share and $1.5 billion in revenue, surpassing analyst expectations. The cloud communications provider attributed its success to rapid adoption of its Voice AI product unveiled at SIGNAL conference. With voice growing 20% year-over-year and guidance raised for full-year revenue, the company demonstrates its positioning as critical AI infrastructure.

Business2 sources

Twilio Stock Jumps 17% as Voice AI Powers Strong Earnings Beat and 22% Revenue Growth

Business2 sources

Cloudflare Shares Surge 18% as AI Agents Rewrite Internet Traffic Patterns, Revenue Jumps 36%

Cloudflare shares jumped 18% after raising its full-year revenue forecast to $2.86-$2.87 billion, driven by explosive AI-driven demand. The cloud services firm reported 36% year-over-year revenue growth to $696.1 million as AI agents transform internet traffic from human browsing to machine-to-machine interactions, positioning the company at the center of AI infrastructure expansion.

Business6 sources

Cloudflare Shares Surge 18% as AI Agents Rewrite Internet Traffic Patterns, Revenue Jumps 36%

Business6 sources

SanDisk secures $93.9 billion in AI storage deals as data center demand surges

SanDisk reported record quarterly revenue of $8.97 billion driven by AI infrastructure demand but shares fell 5-8% as guidance disappointed investors expecting stronger growth. The company unveiled 10 long-term purchase agreements worth $93.9 billion backed by $16.5 billion in financial guarantees, targeting 80% adjusted gross margins by 2030.

Business9 sources

SanDisk secures $93.9 billion in AI storage deals as data center demand surges

Business9 sources

Figma Stock Plunges 16% Despite Record Growth as AI Costs Alarm Investors

Figma posted its strongest quarter yet with 48% revenue growth to $370.1 million and raised its annual revenue forecast. But the design collaboration platform's shares fell 16% after-hours as surging AI costs doubled operating expenses to $426.9 million, squeezing margins and raising questions about the true price of AI integration efforts.

Business3 sources

Figma Stock Plunges 16% Despite Record Growth as AI Costs Alarm Investors

Business3 sources

Siemens Raises Profit Outlook on AI Data Center Boom But Shares Drop 6% on Investor Expectations

German industrial giant Siemens raised its profit outlook for the second time this year after record orders driven by AI spending and data center buildout reached €27.9 billion. Despite net profit rising 15% to €2.6 billion, Siemens shares plunged 6% as the guidance increase fell short of investor expectations and concerns emerged about AI software risks.

Business2 sources

Siemens Raises Profit Outlook on AI Data Center Boom But Shares Drop 6% on Investor Expectations

Business2 sources

Block Raises 2026 Outlook as AI Agents Drive 150% Surge in Engineering Productivity

Block lifted its full-year 2026 guidance after reporting strong Q2 results driven by AI adoption across software engineering. Agentic AI tools now touch nearly all production code changes, helping code changes per engineer jump 150% since early 2026. Cash App and Square gross profit rose 25% year-over-year to $3.17 billion.

Business2 sources

Block Raises 2026 Outlook as AI Agents Drive 150% Surge in Engineering Productivity

Business2 sources

Prev 1 234…29 Next