Nvidia reported another massive quarter this week with $46.7 billion in revenue, a 56% year-over-year increase driven almost entirely by AI demand. But despite CEO Jensen Huang’s bold prediction of $3 to 4 trillion in global AI infrastructure spending in the next five years, the stock slid as investors questioned how long this kind of […]
Trillion with a ‘T’? That’s a lot of dollars, Nvidia. Read More »
Amazon CEO Andy Jassy sees an opportunity to deliver ads to users during their conversations with the company’s AI-powered digital assistant, Alexa+, he said during Amazon’s second-quarter earnings call Thursday. “People are excited about the devices that they can buy from us that has Alexa+ enabled in it. People do a lot of shopping [with
Amazon CEO wants to put ads in your Alexa+ conversations Read More »
Tariffs are projected to cost Apple $1.1 billion in the July-to-September quarter, an uptick from the previous period, CEO Tim Cook said during the company’s earnings call with investors Thursday. Those cost projections, which are based on current rates and policies, could end up lower than expected as they did in the previous quarter. Apple
Apple projects tariff costs will hit $1.1B next quarter Read More »
Intel CEO Lip-Bau is making progress on his plan for the company to shed its inefficiencies. And that includes spiking several manufacturing projects. The semiconductor giant reported Thursday in its second-quarter earnings report that it will delay, and in some cases, not move forward with multiple manufacturing projects. Specifically, Intel said it was no longer
Intel continues to pull back on its manufacturing projects Read More »
Falling EV sales combined with a lower average selling price, less cash from regulatory credits, and a decline in solar and energy storage revenue took a toll on Tesla’s bottom line in the second quarter of 2025. And a 17% growth in revenue in its services business, which includes capital generated from its Supercharging network,
Tesla profits pulled down by falling EV sales and regulatory credits Read More »
Elon Musk has officially announced he’s stepping down as a U.S. special government employee and the de facto head of the Department of Government Efficiency, better known as DOGE. The move follows Musk’s cooling relationship with the Trump administration and slumping Tesla sales tied to his political advocacy. Despite his announced departure, Musk gave a
Elon dips from DOGE, and Silicon Valley enters the ‘find out’ stage Read More »
After the market closes on Wednesday, Nvidia will report earnings for the first quarter of its fiscal year 2026, which ended on April 27. While many in the industry are likely eager to hear how the recent whiplash surrounding U.S. chip export controls will impact Nvidia’s international chip business and future guidance, not everyone thinks
Why export restrictions aren’t the only thing to pay attention to in Nvidia’s earnings Read More »
Spotify reported on Tuesday that its premium subscriber base grew by 5 million in the first quarter, representing a 12% increase year-over-year. This brings the total to 268 million, marking the second-highest total ever and the highest net addition of paid subs for a first quarter since 2020. Spotify also reported a record-high quarterly operating
Spotify adds 5M premium users and hits record operating income Read More »
Tesla’s flailing sales figures have put the company closer to the red than it has been in years, according to financial results released Tuesday, threatening one of its biggest advantages over other EV players. The electric automaker reported $409 million in net income on $19.3 billion in revenue after delivering almost 337,000 EVs in the
Tesla profits drop 71% on weak sales and anti-Elon Musk sentiment Read More »
Tesla earnings day is here, and boy oh boy, this one could be a doozy. In the past several months, one of the world’s largest EV makers has seen its market share fall. That’s partly because of increased competition in China, Europe, and North America. But it’s also due to CEO Elon Musk’s political alignment
Tesla Q1 earnings live updates Read More »
