Hut 8 Drops on Weaker-Than-Expected Revenue, Despite AI Data Center Progress
Hut 8 reported Q3 revenue of $71.1M, below consensus, sending shares down. AI data center deals remain years from revenue.
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#Earnings Movers↓
Amdocs Shares Plunge 40% on Weak FY2027 Outlook Tied to T-Mobile Dispute
The company warned of a major hit to revenue and profits in fiscal 2027 linked to its T-Mobile relationship.
Block Raises Full-Year Profit Outlook as Cash App Powers Strong Q3 Growth
Block posted 22% gross profit growth in Q3, raised its annual outlook, and continues expanding AI tools across Cash App and Square.
Duolingo Shares Surge as User Growth Reaccelerates to 29% and Company Lifts Outlook
DAUs rose 29% to 64.9M as product experiments and partnerships drove reacceleration. Beats on revenue and bookings plus raised guidance fueled a relief rally.
AMD Reports Record $13.4 Billion Quarter as Data Center Revenue Nearly Doubles
Data Center revenue hit a record $8.5B (+97%) for AMD in Q3 2026. Company guided ~$17B for Q4, above estimates.
Supermicro Delivers Record Q1 Results, Raises FY27 Revenue Outlook to as Much as $82 Billion
Supermicro reported $19.9B in Q1 revenue and $1.81 non-GAAP EPS, then lifted its FY27 outlook, sending shares higher.