Palantir reports Q2 revenue up 48% YoY to $1B, vs. $940M est., and boosts full-year outlook guidance to $4.142B-$4.150B, up from $3.89B-$3.90B; PLTR jumps 5%+
where the economy ‘weakens in a self-reinforcing fashion’ Larry Dignan / Constellation Research : Palantir's software revolution: Forget sales people, let value do the talking Loredana Harsana / Watch...
Source: SoftBank will invest an initial $7.5B in OpenAI's $40B round, plus $22.5B by 2025's end; other backers include Microsoft, Coatue, Altimeter, and Thrive
Reportedly With a Few Strings Attached Markus Kasanmascheff / WinBuzzer : OpenAI Hits $300 Billion Valuation with SoftBank-Led Tender Deal Robert Lavine / Global Corporate Venturing : SoftBank leads O...
Alphabet expects 2025 capex of ~$75B, vs. ~$58B est., and reports Google Cloud Q4 revenue up 30% YoY to $11.96B, vs. $12.16B est.; GOOG drops 7%+
but investors aren't impressed Neil Rozenbaum / The Motley Fool : Google Earnings: What Went Wrong and Why I'm Buying More Georgia Butler / DatacenterDynamics : Google expects 2025 capex to surge to $...
Airbnb reports Q3 revenue up 10% YoY to $3.73B, vs. $3.72B est., net income down 68% YoY, and Nights and Experiences Booked up 8% YoY to 122.8M, vs. 121.4M est.
with these caveats Ian Lyall / Proactive : Airbnb stock falls after hours after Q3 print fails to excite Alex Bitter / Business Insider : The 4 most interesting things from Airbnb's earnings Dennis Sc...
Samsung Electronics issues a rare apology for posting disappointing preliminary Q3 results and plans to review its organizational culture and processes
read the full statement Adam Clark / Barron's Online : Samsung Expects a Nearly $7 Billion Quarterly Profit. Why It Apologized. Ian Lyall / Proactive : Samsung Electronics apologises amid memory chip ...