Nvidia's powerful AI servers are now being shipped globally via Supermicro , known for fast deployment. SK Hynix leads in essential HBM4 memory chips for AI, while Samsung and Micron aim to catch up.
Adobe beat Q3 earnings and revenue, largely fueled by AI, with AI-influenced revenue topping $5B. They raised full-year forecasts, but despite strong performance, shares are down 21% YTD as investors seek more proof of AI monetization amidst competition.
RH is tackling high tariffs and inflation by shifting production from China and India to the US, especially for furniture. They've delayed new launches due to uncertainty and lowered revenue forecasts.
Boeing's new 777X jet is behind schedule for FAA certification, potentially delaying its launch to 2027 and causing major financial impact, despite no new technical issues. Boeing is also working to certify 737 Max 7/10 and carefully increasing 737/787 production.
Oxford Industries beat Q2 adjusted earnings despite lower sales and $9M tariff costs. They're mitigating $80M in yearly tariffs with sourcing changes. Q3 sales are up, boosted by new products and traffic. Full-year guidance affirmed.
Red Cat's Black Widow drone, a small, tough, US-made system, is now approved for NATO. It helps allied forces with quick, secure spying and scouting for missions. NATO countries can easily buy it through a special catalog, ensuring trusted tech.
