Nvidia posted $96.2 billion in second-quarter revenue, up 106% year-on-year, and guided the next quarter to $108 billion on sustained data center demand.
Tag: earnings
Posted inMarkets
CoreWeave Revenue Doubles to $2.6 Billion as AI Backlog Hits $104 Billion
CoreWeave reported Q2 revenue of $2.58 billion, up 112% year over year, with its AI backlog swelling to $104 billion and shares jumping 13.5% after hours.
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Palantir Surges 29% After Q2 Revenue Hits $1.93 Billion on 93% Growth
Palantir’s Q2 2026 results shattered expectations as US commercial revenue grew 149% year-on-year, US government revenue jumped 90%, and the stock surged nearly 30% — making it the standout earnings story of the week.
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Alphabet, Amazon and Microsoft Add $1.5 Trillion After AI Cloud Earnings Vindicate Capex
Alphabet, Amazon and Microsoft’s cloud beats sent the S&P 500 to its best week since October 2023, adding $1.5 trillion in combined market value as investor anxiety over AI spending reversed.
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Meta Revenue Rises 28% but Profits Fall 14% as AI Spending Tops $31 Billion
Meta Platforms reported Q2 revenue of $60.8 billion, beating estimates, but net income dropped 14% and free cash flow fell to just $784 million as capital expenditure hit $31 billion and full-year guidance was raised to $145 billion.
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Amazon Q2 Revenue Crosses $200 Billion for the First Time as AWS Grows 37%
Amazon reported $200.6 billion in Q2 2026 net sales on July 30, the first time a single quarter has crossed that threshold, as AWS cloud revenue rose 36.7% to $42.2 billion — its fastest growth in 18 quarters.
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Coca-Cola Raises Full-Year Guidance After FIFA World Cup Lifts Q2 Volume
Coca-Cola beat Q2 estimates July 28 as FIFA World Cup demand drove 5% unit volume growth — its best in 17 years — prompting a raise in full-year guidance.
Posted inTech
Intel Posts 59% AI Revenue Jump as Data Center Demand Outpaces Client Chips
Intel reported Q2 2026 revenue of $16.1 billion, up 25%, with its Data Center and AI segment surging 59% to $6.3 billion—nearly doubling the analyst consensus on non-GAAP EPS.
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Alphabet and Tesla Trigger Nasdaq Selloff as AI Capex Concerns Grip Markets
Alphabet fell 7% and Tesla posted negative free cash flow as Q2 results raised fresh doubts about AI return on investment, dragging the Nasdaq 100 down 1.9% on Thursday.
Posted inMarkets
Goldman Sachs Posts Record Quarter With $20.98 EPS and $20.34 Billion in Revenue
Goldman Sachs posted diluted EPS of $20.98 and $20.34 billion in Q2 2026 net revenues on July 14, its best quarter on record, with AUM crossing $4 trillion.