TL;DR — Samsung’s chip division posted operating profit up 1,804% year over year, SK Hynix hit a 76% operating margin, and Micron posted an 84.6% gross margin on revenue up 346%. But Samsung’s own phone division swung to a loss on higher chip costs, SK...
TL;DR — Apple bought back $61.8 billion of its own stock in nine months while guiding to roughly $14 billion in annual capex, a fraction of what Amazon, Alphabet and Meta are spending on AI infrastructure. Apple is sitting out the AI capex race almost entirely. Apple...
TL;DR — Apple posted record fiscal third-quarter revenue of $109.4 billion, up 16%, with iPhone revenue up 22% to $54.3 billion and Mac revenue up 29% — the best June quarter Apple has ever had. Services revenue, the segment Apple leans on to justify its valuation,...
TL;DR — Microsoft’s commercial remaining performance obligation, its contracted backlog, hit $678 billion, up 84% year over year. Azure crossed $100 billion in revenue, but the backlog number is the one that actually predicts the next three years. On the Q4...
TL;DR — Palantir’s second-quarter revenue grew 93% year over year to $1.94 billion, with U.S. commercial revenue up 149% and a Rule of 40 score of 155%. Shares jumped roughly 30% on the news before settling near $156, where the stock trades at 107 times trailing...
