Azure Growth Eases Concerns Over Microsoft’s Heavy AI Spending
Microsoft beats Q4 estimates with $90B revenue and Azure up 43%. Cloud revenue reaches $59.3B as AI demand eases concerns over heavy spending.
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Qualcomm’s Handset Business Slumps 20% While Non-Phone Growth Accelerates
Qualcomm Q3 revenue hits $9.9B at high end of guide. Auto & IoT grow 28%, but rising costs and Apple supply issues pressure outlook.
SpaceX Wants City Spectrum to Take On AT&T, Verizon and T-Mobile
SpaceX is hunting urban radio spectrum to compete with AT&T, Verizon and T-Mobile—via acquisitions or a 2027 auction. Carriers’ shares fall on the news.
FTC Sues Hims & Hers for Sharing Health Data with Meta and Snap
FTC, Utah and California sue Hims & Hers for sharing users’ health data with Meta and Snap despite privacy promises, plus deceptive billing.
VF Beats Guidance but Vans Weakness and Earnings Miss Send Shares Lower
VF Corp beat revenue guidance and raised its full-year outlook, yet an earnings miss and ongoing Vans pressure sent shares lower.
GE HealthCare Beats Q2 Estimates on Record Orders, Weighs Sale of Struggling Patient Care Unit
GE HealthCare posts record 11.1% order growth and $5.3B revenue in Q2 2026, beating estimates. Stock jumps as it reviews Patient Care unit sale.