Microsoft issued higher-than-expected capex guidance for 2026, with the software maker’s quarterly earnings and revenue topping estimates. Here’s how the company did in comparison with LSEG consensus: Earnings per share: $4.27 adjusted vs. $4.06 expected Revenue: $82.89 billion vs. $81.39 billion expected Microsoft’s revenue grew 18% year over year in the quarter, which ended on…
Shares of Meta Platforms are recovering from a bruising stretch earlier this year, when investors shied away from the social media giant’s massive investment in artificial intelligence. Wednesday’s earnings will determine whether that rebound will continue. The stakes are high: Meta is in the midst of one of the most aggressive AI buildouts of all…
We do not have enough money coming into this market. The funds flow only to stocks tied to the data center buildout and a few others. Even the most tangential of the data center “stories,” such as the warehouse REITs and machinery stocks like Cummins and Dover, manage to sustain themselves if they have healthy…
The busiest week of earnings season is here. But that’s not all investors have on their plate. There’s a Fed meeting, and a still-uneasy situation in the Middle east. Let’s get right into it. All estimates for revenue and earnings per share are sourced from LSEG. 1. Earnings Optical cable maker Corning kicks off our…
It was another week under the thumb of the Iran war. The S & P 500 and Nasdaq each finished Friday at record closing highs after whipsawing on Middle East developments throughout the week. Oil prices also swung sharply as Iran and the U.S. imposed blockades in the Strait of Hormuz, a critical oil shipping…
Meta CEO Mark Zuckerberg, left, and Microsoft CEO Satya Nadella. Getty Images | Reuters The more than 20,000 potential job cuts Meta and Microsoft revealed on Thursday, months after Amazon announced its most widespread layoffs ever, may only be the beginning. The same companies that are collectively spending hundreds of billions of dollars a year…
NVIDIA CEO Jensen Huang gestures during the NVIDIA GTC global AI conference in San Jose, California, U.S. March 17, 2026. Carlos Barria | Reuters Nvidia shares closed at a record on Friday for the first time since October, pushing the company’s market cap past $5 trillion, as investors piled into the AI chip trade ahead…
John Ternus, senior vice president of hardware engineering at Apple Inc., speaks about iMac computers during the Peek Performance virtual event in New York, U.S., on Tuesday, March 8, 2022. Photographer: Gabby Jones/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Apple has maintained its dominance in consumer devices and built up a $4…
Nurphoto | Nurphoto | Getty Images Many Americans are turning to artificial intelligence for financial advice. But getting good or bad advice depends a lot on how well users write their instructions — or prompts — to AI platforms. “I think that there’s a real art and science to prompt engineering,” Andrew Lo, director of…
Oracle, AMD and Microsoft are on pace for historic weeks, while Intel, Broadcom, Micron, Marvell and ON Semiconductor are all roaring in April. Source link
