AI Briefing#earnings
The latest AI and developer news about #earnings, with the original source and a short summary.
The latest AI and developer news about #earnings, with the original source and a short summary.
NVIDIA's board appointed CFO Colette Kress as Interim CEO following Jensen Huang's resignation and named Harvey C. Jones as the first Chair of the Board.
Apple recorded Q4 revenue of $114.5 billion, achieving fiscal year revenue of $479.0 billion.
CEO Tony Xu stated on the Q3 earnings call that users still predominantly order via the app, with third-party agents accounting for a negligible fraction of the 3 million daily deliveries.
Azure cloud revenue grew 48% year-over-year, driving total first-quarter revenue to $92.3 billion and profit to $36.6 billion.
Meta reported 97 mentions of Muse and zero of Llama in its Q3 2026 earnings call, alongside a 2026 capex guide of $135B to $145B.
SpaceX reported its first operating profit as a public company, driven by a 161% revenue surge and an AI segment that outpaced its connectivity business.
Micron achieved record revenue and profit, proving strong demand in the AI memory market.
Despite posting $56 billion in revenue in Q1, Meta is laying off 8,000 employees to fund AI investment.
Alphabet's quarterly net income surged 81%, but a significant portion stems from paper gains on the rising value of stakes in AI companies like Anthropic.
AI-related stocks wobbled again after reports that OpenAI missed targets.