Palo Alto Networks reports Q2 revenue up 15% YoY to $2.6B, above $2.58B est., and projects Q3 adjusted EPS below estimates; PANW drops 7%+
Palo Alto Networks reports Q2 revenue up 15% YoY to $2.6B, vs. $2.58B est., and projects Q3 adjusted EPS below estimates; PANW drops 7%+ after hours
Elias Schisgall /Wall Street Journal:NEW
Analysis: Oracle has moved $66B of debt for building AI data centers off its balance sheet using SPVs; Meta has moved $30B, xAI moved $20B, and CoreWeave $2.6B
Creative financing helps insulate Big Tech while binding Wall Street to a future boom or bust
Tokyo-based Sakana AI raised a ~$135M Series B from MUFG, Khosla, Macquarie, NEA, Lux, and others at a ~$2.6B valuation, becoming Japan's most valuable unicorn
At present, we are seeing a record amount of capital pouring … eWeek : Sakana AI Becomes Japan's Most Valuable Unicorn Maija Palmer / Global Corporate Venturing : ‘Big in Japan’ is not enough — where ...
Humanoid robot startup Figure raised a $1B+ Series C led by Parkway Venture Capital at a post-money valuation of $39B, up from $2.6B in February 2024
Figure AI Inc., a company developing humanoid robots, has received more than $1 billion in committed capital in a financing round that values …
UK filings: TikTok's revenue in the UK, Europe, and Latin America grew 38% YoY to $6.3B in 2024, up from $2.6B in 2022
Revenue from Chinese social media giant ByteDance's short video app leapt up 38% to $6.3 billion last year in Europe even as it faces the threat of being banned in the United States.
Milan-based Bending Spoons raised €500M+ in debt led by JPMorgan to acquire more software businesses, after raising $155M at a ~$2.6B valuation in February 2024
Mark Bergen / Bloomberg :
Tencent reports Q2 revenue up 15% YoY to ~$25.7B, vs. ~$24.8B est., domestic gaming revenue up 17% YoY to ~$5.6B, and global gaming revenue up 35% YoY to ~$2.6B
Update Hannah Wang / South China Morning Post : Tencent's second-quarter earnings beat forecasts, bolstered by AI April Roach / CNBC : Chinese tech giant Tencent's quarterly revenue jumps 15% on AI in...
London-based Quantexa, which develops anti-money laundering tech, raised a $175M Series F at a $2.6B valuation, as it expands its AI data curation business
Ingrid Lunden / TechCrunch :
eBay reports Q4 revenue up 1% YoY to $2.6B, GMV up 4% YoY to $19.3B, and forecasts Q1 revenue below expectations; EBAY drops 7%+
Juby Babu / Reuters :