Micron Q3 FY2026 Earnings: HBM Drives a 346% Revenue Surge and a $50B Q4 Outlook
Micron's fiscal Q3 produced $41.46B in revenue and 84.9% non-GAAP gross margins, both records, blowing past management's own $33.5B guidance by 24% and setting up a Q4 guide of $50B that analysts called 15-22% above expectations.
42 reports — filtered
NVDA vs. AMD: Q1 2026 Earnings Comparison
NVIDIA data center hit $75B (+92% YoY) while AMD data center hit $5.8B (+57% YoY), a 12.9x gap. Both companies target the same H2 2026 next-gen GPU production window, but with sha…
Oracle Q4 FY2026: The $638 Billion Backlog That Markets Still Don't Believe
Oracle posted record Q4 revenue and a decisive non-GAAP EPS beat, then watched its stock fall 10% — the gap between $638 billion in contracted backlog and near-term gross margin c…
Neoclouds Q1 2026: How CRWV, NBIS, and IREN Are Racing to 12 Gigawatts
All three AI cloud providers report zero idle capacity and rising prices. The binding constraint is no longer customer demand but the physical speed of building and commissioning …
Hyperscaler AI CapEx: $620B and Still Climbing
Five of the world's largest technology companies reported in the same week of April 2026, collectively disclosing or guiding toward more than $620 billion in 2026 capital expendit…
Salesforce Q1 FY2027: Agentforce Crosses $1B, Buyback Boosts EPS
Q1 FY2027 delivered a headline non-GAAP EPS beat of $0.75 and record free cash flow of $6.6B, yet both figures carry structural footnotes — a $25B debt-financed buyback inflating …
Dell Technologies Q1 FY2027: AI Revenue Multiplies 9x, Full-Year Guide Raised $27B
Q1 FY2027 delivered revenue of $43.8B — $8.1B above consensus — as AI server demand obliterated forecasts. Dell raised its full-year guide to $167B, the largest single-quarter gui…
NVIDIA Q1 FY2027: $81.6B, Record Free Cash Flow, and a New $200B CPU Bet
NVIDIA's fourteenth consecutive quarter of sequential revenue growth produced a record $13.5B sequential gain, a $48.6B free cash flow print, and the disclosure of a Vera CPU busi…
Applied Materials: Gross Margin Crosses 50%, WFE Growth Estimate Upgraded to 30%+
Q2 FY2026 delivered record revenue of $7.91B and the highest non-GAAP gross margin in more than 25 years, as AI-driven demand in foundry logic, DRAM, and advanced packaging accele…
Nebius Group: The Hyperscaler in the Making Finds Its Operating Leverage
Q1 FY2026 delivered $399M in revenue — a 684% year-over-year surge — alongside the first-ever positive adjusted EBITDA at the group level, a $27B Meta contract, and a CapEx raise …
Hims & Hers Health: The GLP-1 Pivot and the Price of Reinvention
A deliberate March 2026 exit from compounded GLP-1s into branded Wegovy and Zepbound products produced a $33M restructuring charge, a catastrophic EPS miss, and a full-year EBITDA…
Rocket Lab: $200M Quarter, Record Backlog, and the Neutron Moment
Rocket Lab crossed $200M in quarterly revenue for the first time in Q1 FY2026, beating estimates on both top-line and margins while stacking the largest contract in company histor…
Palantir Q1 FY2026: Triple-Digit U.S. Growth and the Largest Guidance Raise in Company History
Palantir's first quarter of 2026 produced 85% revenue growth — the highest growth rate since its direct listing — driven by 104% U.S. expansion, a 60% adjusted operating margin, a…
Apple Q2 FY2026: Record Quarter Frames a Leadership Handoff
Tim Cook's 89th — and penultimate — earnings call delivered $111.2B in revenue and a 49.3% gross margin, both above guidance, while announcing John Ternus succeeds him as CEO on S…
Sandisk: The Quarter That Rewrote the NAND Playbook
Q3 FY2026 results delivered a historic triple-beat — revenue, gross margin, and EPS each came in above the top of management's own guidance range — as AI-driven data center demand…
Amazon Q1 FY2026: AWS Hits Escape Velocity While CapEx Overwhelms Free Cash Flow
AWS growth accelerated to 28% year-over-year — its fastest pace in 15 quarters — and operating margins hit a record 13.1%, but $44.2 billion in quarterly CapEx flipped free cash f…
Meta Platforms Q1 FY2026: The CapEx Shock That Overshadowed a 33% Revenue Beat
Meta's first quarter delivered its fastest revenue growth since 2021, powered by AI-driven ad improvements and 3.56 billion daily users — but a $10B CapEx guidance hike sent share…
Microsoft Q3 FY2026: Azure Hits 40%, AI ARR Surpasses $37B as CapEx Ramp Tests Free Cash Flow
A broad beat on revenue and EPS masks a post-earnings stock decline driven by Q4 CapEx guidance above $40 billion and a Q4 revenue midpoint marginally below consensus — the tensio…
Alphabet: Cloud Crosses $20 Billion, AI Full Stack Delivers the Quarter
Q1 FY2026 results mark an inflection point for Google Cloud as enterprise AI monetization accelerates sharply — while a $37.7B non-cash investment gain inflates the headline EPS a…
IBM Q1 2026: Z17 Surge, Confluent Closed Early, and the Guidance Gap
IBM delivered its strongest Q1 free cash flow in a decade and beat on both revenue and EPS, yet shares fell 8.25% as investors penalized management for maintaining — rather than r…
Intel Q1 FY2026: The CPU Reasserts Itself
Intel beat its own guidance by $1.4 billion in revenue and delivered $0.29 non-GAAP EPS against a near-zero consensus, triggering a 24% single-day stock surge as AI infrastructure…
TSMC Q1 FY2026: Gross Margin Inflection, N3 Global Expansion, and the Agentic AI Demand Step-Up
TSMC delivered a new gross margin record of 66.2% in Q1 FY2026, raised its full-year 2026 revenue growth guidance to above 30%, and disclosed a coordinated global expansion of N3 …
Tesla: Margin Recovery Meets the $25 Billion Capital Escalation
Q1 FY2026 delivered a 16% non-GAAP EPS beat and the highest gross margin in six quarters, while simultaneously raising 2026 CapEx by $5 billion to more than $25 billion and signal…
Robots, Real and Promised: A Cross-Earnings Intelligence Report on Physical AI
Four companies at four different stages of physical AI maturity: one with 30 years of proof, one booking $6B in infrastructure revenue, one converting a car factory for humanoids,…
Netflix Q1 2026: A $2.8B Windfall Masks a Solid, But Not Spectacular, Quarter
Netflix posted headline EPS of $1.23 — a 61% consensus beat — but the number is almost entirely a function of a $2.8 billion one-time Warner Bros. Discovery termination fee. Strip…
Credit Quality & the Consumer: Resilient Today, Nervous About Tomorrow
All four major U.S. banks reported benign Q1 2026 consumer credit metrics — but each flagged the second half as the real test, with energy prices, a bifurcating consumer, and a sh…
Q1 2026: What Bank CEOs Are Saying About Iran, Oil & Recession Risk
All four major U.S. banks reported record or near-record Q1 FY2026 results while naming the Iran-Hormuz conflict as the primary macro variable — a geopolitical crisis that has sim…
Biotech x AI: The First Clinical POC and What Comes Next
Across four companies spanning Big Pharma to pure-play AI biotech, the Q4 2025/early 2026 earnings cycle marks a genuine inflection: the sector now has its first confirmed AI-enab…
AI & Advertising: The Intelligence Stack Is the New Moat
Across four Q4 FY2025 earnings calls, a unified signal emerges: AI has ceased to be a performance layer on top of traditional advertising and is now the substrate of the entire st…
The AI Flywheel: Cloud Reacceleration at Scale
AWS, Azure, and Google Cloud all posted accelerating growth in Q4 2025 — simultaneously and across meaningfully different bases — with each management team signaling that AI deman…
EUV & Advanced Packaging: The Infrastructure Race That Will Define AI
Across four earnings calls in January–February 2026, executives at ASML, TSMC, Intel, and Amkor drew a strikingly unified picture: AI has validated its demand, capacity is the bin…
Networking at Scale: The Race to Wire the AI Megacluster
Four companies are collectively building the most expensive network ever constructed. Their earnings calls tell a coherent but tension-filled story: Ethernet is winning scale-out,…
Grid Buildout & Utility Response: The Race to Power AI
Four companies at the center of America's power supercycle -- nuclear operators, utilities, and data center landlords -- are all signaling the same structural shift: hyperscaler d…
Nuclear Renaissance for AI: The Gap Between Today's PPAs and Tomorrow's Reactors
Across four earnings calls, a two-phase story emerges: existing nuclear is already being repriced and contracted for AI demand, while the SMR and microreactor wave that meets the …
The Defense Stack Rebuild: AI, Missiles, and Space at Full Speed
Palantir, Lockheed Martin, RTX, and Rocket Lab collectively describe a defense modernization playing out simultaneously at three layers -- AI at the command layer, record munition…
Commercial Space Race: Government Is the Rocket Fuel
Reading RKLB, ASTS, LUNR, and RDW Q4 FY2025 calls together reveals a sector pivoting from commercial disruption narratives to Pentagon dependency, while SpaceX dominates launch ca…
Power Is the Product: Data Center Power & Cooling Q4 FY2025 Cross-Earnings Report
From nuclear PPAs to liquid cooling fluid networks, Vertiv, Constellation, Digital Realty, and Equinix collectively reveal that power availability has replaced location as the def…
HBM4 & the AI Memory Chokepoint: What MU, NVDA, and AMD Execs Are Saying
Micron's HBM4 volume shipments for NVIDIA Vera Rubin confirm AI memory has crossed from commodity to strategic asset, while AMD's leap to HBM4E in 2027 and MU's 50–67% fulfillment…
Enterprise AI Spending: Where the Budgets Are Actually Going
We analyzed earnings calls for seven enterprise software companies in Q4 2025 spanning the full AI stack. Reading them together reveals a hierarchy no single call discloses: three…
Cybersecurity in the AI Era: What CrowdStrike, Palo Alto, and Zscaler Are Telling Investors
We analyzed the latest earnings calls from CrowdStrike, Palo Alto Networks, and Zscaler to see what executives are actually saying about AI-driven threats, enterprise spending, an…
Neocloud Power Race: Gigawatt Ambitions, Billion-Dollar Bets
CoreWeave, Nebius, and IREN each reported selling out all available capacity — but the real competition is being fought in capital markets, where three divergent financing strateg…
Mag-7 AI CapEx: $700B and Counting
Six of seven Magnificent-7 companies are accelerating AI infrastructure investment at an unprecedented pace, with aggregate 2026 CapEx guidance from the top hyperscalers approachi…