$111B Revenue, iPhone 17 Drives Record Growth
Digest more
Revenue jumped 69% in the quarter from $392 million a year earlier, Reddit said in an earnings release. Net income soared to $204 million, or $1.01 per share, from $26 million, or
Apple today announced financial results for the second fiscal quarter of 2026, which corresponds to the first calendar quarter of the year. For the quarter, Apple posted revenue of $111.2 billion and net quarterly profit of $29.
Meta Platforms posted its biggest quarterly revenue jump in recent history in the first quarter but said it would spend even more money than forecast to build out AI data centers this year.
Cryptopolitan on MSN
Microsoft reports $82.9 billion in revenue, beating the $81.39 billion estimate
Microsoft (NASDAQ: MSFT) reported $82.9 billion in fiscal third-quarter revenue, beating Wall Street’s estimate as Azure growth reached 40% and the company’s AI business kept scaling fast. The stock still fell 3% on Wednesday,
Software& Services revenue grows 40% to $343 million Net income of $3 million supports non-GAAP net income of $178 million and Adjusted EBITDA of $206 million Company establishes 2026 outlook of 27% to 30% revenue growth and a 25.5% Adjusted EBITDA margin Introduces new 2028 targets of $6 billion in annual revenue and 28% Adjusted EBITDA margin.
The digital bank and lender did not increase its full-year outlook in anticipation of an interest rate freeze.
Palantir Technologies Inc. (NASDAQ:PLTR) today announced financial results for the fourth quarter and fiscal year ended December 31, 2025. "Palantir's Rule of 40 score is now an incredible 127%. Last quarter, our U.S. revenue grew 93% year-over-year and U ...
YouTube’s Q1 2026 ad revenue was shared in Google’s Q1 2026 earnings report. YouTube earned $9.883 billion in ad revenue during the period, which represented 11 percent of Google’s revenue from services ($89.6 billion).
A report that OpenAI missed key 2025 targets is hitting tech stocks at a critical time for the AI trade, with investors gearing up for tech earnings.