Riot Platforms Beats Forecasts with $167M Revenue and AMD Expansion
Riot Platforms beat revenue, expanded into data centers, but losses widened due to bitcoin swings. AMD expanded to 50 MW.
Riot Platforms beat revenue, expanded into data centers, but losses widened due to bitcoin swings. AMD expanded to 50 MW.
WDC beat earnings on AI storage demand and raised its outlook and dividend, but the stock fell after hours despite strong growth, similar to what happened with its peer Sandisk.
Rivian gets up to a $4.5B US loan for its Georgia factory, $2B less than planned; funds arrive earlier in 2027, boosting output and starting R2 production.
Apple beat forecasts with $111B sales, strong iPhone demand, rising services and Macs, AI spending up, outlook strong, stock rose.
Reddit beat Q1 expectations, raised outlook, ad revenue and users grew, stock jumped after strong earnings report.
Roblox cuts forecast after safety changes hurt users and spending; stock drops. Fewer players than expected.