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Deep research on the technologies reshaping the world, and the companies behind them. Written for technologists and investors making sense of the biggest industrial shift in a generation. AI infrastructure, chips, memory, energy, networking, robotics, quantum, and space.

21 reports — filtered

Earnings Analysis ORCL Jun 12, 2026

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…

Earnings Analysis CRM May 30, 2026

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 …

Earnings Analysis DELL May 30, 2026

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…

Earnings Analysis NVDA May 22, 2026

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…

Earnings Analysis AMAT May 16, 2026

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…

Earnings Analysis NBIS May 16, 2026

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 …

Earnings Analysis HIMS May 13, 2026

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…

Earnings Analysis RKLB May 9, 2026

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…

Earnings Analysis PLTR May 5, 2026

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…

Earnings Analysis AAPL May 4, 2026

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…

Earnings Analysis SNDK May 1, 2026

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…

Earnings Analysis AMZN May 1, 2026

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…

Earnings Analysis META May 1, 2026

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…

Earnings Analysis MSFT May 1, 2026

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…

Earnings Analysis GOOGL May 1, 2026

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…

Earnings Analysis IBM Apr 26, 2026

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…

Earnings Analysis INTC Apr 26, 2026

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…

Earnings Analysis TSM Apr 24, 2026

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 …

Earnings Analysis TSLA Apr 24, 2026

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…

Earnings Analysis NFLX Apr 20, 2026

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…

The Power Delivery GapReport
Research

The Power Delivery Gap

The interconnection queue holds more than 1,100 GW of power. The grid delivers renewables quickly and firm gas slowly, if at all. A model of what the US grid can actually deliver, and when, built on MLQ's queue and generator data.

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