Markets
74 analyses
Cisco closed the fiscal year with revenue of $17.3 billion (+18%) and $9.3 billion in infrastructure orders from hyperscaler AI, but the gross margin guidance led to a 4.6% drop in shares after hours.
CoreWeave reported $2.58 billion in revenue for Q2 2026 (+112% year-over-year), a backlog of $104 billion, and revised capex to up to $39 billion. CEO Michael Intrator referred to it as a 'turning point.'
GPU rental provider concluded the quarter with $104 billion in backlog and a new $21 billion contract with Meta through 2032. The size of the debt has become the new debate.
The second primary offering was raised from $15 billion to $20 billion with demand exceeding $100 billion at a price of $95 per share. Lip-Bu Tan conditioned the continuation of the foundry on 14A.
The consultancy projected on Monday that global spending on AI-optimized infrastructure will nearly double by 2026, reaching $66 billion in 2027. For the first time, inference surpasses training.
Intel priced the offering at $95 per share and increased the size from $15 billion to $20 billion. The book of orders surpassed $100 billion, according to Bloomberg.
Chinese humanoid robot manufacturer sets the offering at 150.80 yuan per share, valuation of $9.04 billion, becoming the first domestic listing in the segment in Shanghai, with a strategic portfolio that combines Chinese big tech and the current AI lab.
The British bank reported $10.1 billion in pre-tax profit in the second quarter, raised its cost-saving target to $2 billion by 2027, and resumed share buybacks after a pause related to the acquisition of Hang Seng.
The maker of Foundry and AIP closed the second quarter with $1.94 billion in revenue, $764 million from U.S. commercial, and raised annual guidance to $8.16 billion after Alex Karp described demand as otherworldly.
Series E tripled valuation in just over a year. Round is led by NightDragon and NEA and prepares expansion into Singapore and Australia, with AI-vs-AI as the sales narrative.
Chip division earned more than the sum of the last three years combined. Adding SK Hynix, the Korean duopoly posted $104 billion in operating profit in one quarter and warns that supply will remain tight.
Revenue grew 28% and surpassed consensus, but the EPS of $6.18 fell short of the projected $7.22. Susan Li increased the 2026 capex range to $130 billion to $145 billion.