Snap Beats Q4 Revenue Estimates Despite User Decline
Snap exceeded Q4 revenue expectations with $1.72B, driven by 28% advertiser growth and rising Snapchat+ subscriptions, though daily users fell 3M.
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Qualcomm Beats Q1 Earnings But Memory Chip Shortage Clouds Outlook
Qualcomm reports strong Q1 2026 results with record $12.3B revenue, but forecasts weak Q2 due to global memory chip shortage impacting smartphone production and pricing.
Alphabet Ramps Up AI Spending to $175-185 Billion in 2026
Alphabet (GOOGL) announces massive $175-185B capital expenditure for 2026, far exceeding analyst expectations of $115B, as Google deepens AI investments amid growing competition.
Arm Shares Rebound as AI and Data-Center Growth Boost Investor Confidence
Arm stock rises after analysts praise earnings, highlighting AI-driven data-center growth despite smartphone market concerns.
MGM Resorts Posts Strong Q4 Growth Driven by Casino Revenue
MGM Resorts expects Q4 profit to more than double to $293.6M, beating analyst estimates, while BetMGM swings to profitability with strong online gaming growth.
IonQ Under Fire: Pentagon Contracts May Not Be What They Seem
Short-seller report claims quantum computing company IonQ lost vital Pentagon funding that made up 86% of revenue, acquired non-quantum businesses to hide losses, and insiders sold $397M in stock.