Earnings
Aug 4, 2026
Palantir Posts $1B Profit as Karp Slams AI Labs
Palantir CEO Alex Karp celebrated a landmark $1 billion profit quarter while renewing his attack on frontier AI labs, calling the broader AI industry 'Marxist' and warning enterprises against trusting them. It's a provocative positioning play that doubles down on Palantir's core pitch: sovereign, auditable AI for serious institutions.
Enterprise AI
AI
Startups
Jul 23, 2026
Google's Cloud Boom Justifies Its AI Spending Spree
Google reported record profits in Q2 2026, with its cloud division emerging as the clearest evidence yet that its massive AI infrastructure bets are paying off. Enterprise adoption of Google's AI tools and cloud services is accelerating, giving the company a financial narrative to match its capital ambitions. Here's what the numbers mean for the broader AI market.
AI
Cloud Computing
Jun 25, 2026
Memory Chip Crunch Fuels Micron's Revenue to $41.45B
Micron is cashing in on surging demand for memory chips, reporting a staggering revenue jump to $41.45 billion and a profit leap to $28.2 billion year-over-year. The numbers signal just how dramatically the AI hardware boom is reshaping the semiconductor landscape.
AI hardware
CHIPS Act
Earnings
Jun 25, 2026
Cerebras Stock Plunges After First Post-IPO Earnings
AI chipmaker Cerebras saw its stock plunge following its debut earnings report as a public company, after forecasting narrower gross margins spooked investors. CEO Andrew Feldman insisted the market misread the guidance, but the damage was swift.
AI chips
Cerebras
Earnings