#earnings
30 stories taggedearnings · page 2 of 2.
SpaceX AI Revenue Tripled to $2.6 Billion, But the Division Still Lost $1.5 Billion
SpaceX is now a major seller of computing power to AI companies, but its AI arm is burning cash even as the broader company narrows its losses.
Apple's Tim Cook calls on-device AI a 'competitive weapon' as rivals pour billions into data centres
On his last earnings call as CEO, Cook argued that running AI directly on iPhones and Macs gives Apple an edge that no amount of cloud spending can easily copy.
Microsoft soars, Meta sinks: AI spending is splitting Big Tech in two
Both companies are pouring billions into artificial intelligence. One set of investors cheered. The other hit sell.
Reddit's CEO Takes Aim at Google's AI Search Summaries as the Company's Stock Slides
Steve Huffman used Reddit's quarterly earnings call to question whether Google's AI Overviews feature is quietly draining traffic and value from the platform.
SK Hynix posts record profits but its shares still drop 6.5%, here's why
The South Korean memory chip maker beat almost every measure of growth, yet Wall Street wanted even more. What that tells us about AI's voracious appetite for computer memory.
Reddit had a great quarter. So why did its stock drop 10%?
Strong revenue, strong profit, strong guidance. None of it mattered once investors heard two words: 'choppy traffic.'
Amazon's cloud business is booming. But whose money is paying for it?
Amazon beat earnings forecasts and raised its spending plans to $220 billion. Investors cheered. The catch: a lot of that cloud revenue flows straight from AI companies that are still burning cash.
Teradyne Robotics hits $100 million in a single quarter, with AI driving the surge
The company that makes factory robots and warehouse vehicles posted its fifth straight quarter of growth, up 33% from a year ago. Its CEO says AI data centres are the reason why.
Microsoft Posts $90 Billion Quarter as Cloud and AI Drive Record Results
Azure revenue crossed $100 billion for the full year, Copilot reached 30 million paid users, and capital spending nearly doubled. Here is what the numbers mean and why a few caution flags remain.
Microsoft made more from Anthropic in one quarter than from OpenAI all year
A fresh set of earnings figures shows Microsoft's bet on Anthropic is paying off fast, while its older stake in OpenAI had a rough three months.
Zuckerberg's AI media blitz fails to stop Meta's stock from falling 8%
A Wall Street Journal op-ed and a wave of interviews couldn't paper over weaker-than-expected quarterly earnings. Meta investors weren't buying it.
AI's Money Problem: Google's Ballooning Costs Spook Investors Across the Whole Industry
Google just admitted it will spend up to $205 billion this year, more than it previously said it would spend at the high end. That miscalculation is rattling investors, and the pressure is spreading to every major AI company.
Google and Tesla Are Burning Cash on AI. Wall Street Is Starting to Ask Why.
Both tech giants reported better revenue than expected, then watched their share prices fall. The culprit: eye-watering AI spending with returns that investors can't yet see.
Google Made $119.8 Billion Last Quarter and Still Ran Out of Cash
Massive AI infrastructure spending pushed Google into negative cash flow for the first time ever, even as its cloud and search businesses hit record highs.
IBM had its worst quarter in years. It blames AI for that too.
A handful of big customers skipped their mainframe upgrades to cover soaring AI hardware costs. The result: IBM's stock suffered its biggest single-day drop ever.