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Don’t Focus Too Heavily on IREN’s Q3 Today — Look at What Comes Next
24/7 Wall St.98d agoneutral
Don’t Focus Too Heavily on IREN’s Q3 Today — Look at What Comes Next

IREN (NASDAQ: IREN) reports fiscal Q3 results after the close today. The numbers should look strong, but the real story sits behind them: a Microsoft contract ramp, a freshly energized Sweetwater campus, and a just-announced acquisition that reshapes the business. From Mining Roots to a Full-Stack AI Neocloud Last quarter’s $184.7M revenue report missed the ... Don’t Focus Too Heavily on IREN’s Q3 Today — Look at What Comes Next

Here’s What the Street Thinks About Microsoft Corporation (MSFT) Post Earnings
Insider Monkey98d agoneutral
Here’s What the Street Thinks About Microsoft Corporation (MSFT) Post Earnings

Microsoft Corporation (NASDAQ:MSFT) is one of the best strong buy stocks to invest in according to billionaires. Truist cut the price target on Microsoft Corporation (NASDAQ:MSFT) to $575 from $675 on April 30, maintaining a Buy rating on the shares and telling investors in a research note that the company reported another solid execution quarter […]

It Takes Meta Almost 9 Minutes to Make $1 Million in Profits. Google Does It in Under 4
24/7 Wall St.98d agoneutral
It Takes Meta Almost 9 Minutes to Make $1 Million in Profits. Google Does It in Under 4

The Number Alphabet (NASDAQ:GOOG) reported Q1 FY2026 net income of $62.58 billion on April 29, 2026 via 8-K filing. That works out to roughly $1 million in profit every 3 minutes, 59 seconds. By contrast, Meta Platforms (NASDAQ:META) generated $26.77 billion in Q1 net income, or $1 million every 8 minutes, 42 seconds. Microsoft (NASDAQ:MSFT) ... It Takes Meta Almost 9 Minutes to Make $1 Million in Profits. Google Does It in Under 4

Did Google Just Turn Chrome Users Into Its AI Data Center?
24/7 Wall St.98d agoneutral
Did Google Just Turn Chrome Users Into Its AI Data Center?

The AI arms race is getting expensive fast. Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), and Meta Platforms (NASDAQ:META) are now on track to collectively spend roughly $710 billion to $725 billion this year building data centers, networking systems, and AI chips. That raises an uncomfortable question for investors: How long can hyperscalers keep pouring hundreds ... Did Google Just Turn Chrome Users Into Its AI Data Center?

Apple’s AI Restraint Looks Smart as Microsoft Spends $190B on AI Despite User Pushback
24/7 Wall St.98d agoneutral
Apple’s AI Restraint Looks Smart as Microsoft Spends $190B on AI Despite User Pushback

The narrative around Apple and AI has flipped. A year ago, Apple’s restrained posture toward generative AI looked like a weakness. On the latest This Week in Tech podcast, host Leo Laporte and panelists Devendra Hardawar, Micah Sargent, and Nicholas DeLeon argued the patient approach now looks like discipline, especially set against Microsoft’s accelerating capital ... Apple’s AI Restraint Looks Smart as Microsoft Spends $190B on AI Despite User Pushback

Microsoft’s (MSFT) Margins Face Temporary Headwind
Insider Monkey98d agoneutral
Microsoft’s (MSFT) Margins Face Temporary Headwind

Microsoft Corporation (NASDAQ:MSFT) is one of the 8 Best Cloud Computing Stocks To Buy In 2026. Microsoft Corporation (NASDAQ:MSFT) reported its third-quarter fiscal 2026 earnings on April 29. Earnings per share came in at $4.27, marking a 21% increase. Revenue from Azure and other Cloud Services grew 40%. The company reported a gross margin of […]

State Street Calls It “The first $1 trillion ETF will land this year”
24/7 Wall St.98d agoneutral
State Street Calls It “The first $1 trillion ETF will land this year”

State Street’s 2026 Global ETF Outlook puts a stake in the ground on page 20: the first $1 trillion ETF will land this year. The frontrunner is the Vanguard 500 Index Fund ETF (NYSEARCA:VOO), which closed Monday at $660 with $839 billion in net assets as of early May. VOO sits roughly $160 billion shy ... State Street Calls It “The first $1 trillion ETF will land this year”

CGI Inc. (GIB) Sets Sights on Cloud Computing Opportunities in the Nordics
Insider Monkey98d agoneutral
CGI Inc. (GIB) Sets Sights on Cloud Computing Opportunities in the Nordics

CGI Inc. (NYSE:GIB) is one of the most oversold Canadian stocks to invest in. On April 30, CGI Inc. (NYSE:GIB) inked a strategic partnership with Cleura to expand its sovereign cloud offering in the Nordics. The partnership comes as the company looks to capitalize on growing cloud demand from Nordic organizations. As part of the […]

Bloomberg99d agoneutral
Top Trump Aide Says Administration Won’t Pick Winners in AI Race

(Bloomberg) -- White House Chief of Staff Susie Wiles said the US government would refrain from choosing winners and losers in artificial intelligence, the latest signal from a top aide to President Donald Trump as his administration prepares new AI policy directives.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agent

ARM Q4 Earnings Call Highlights
MarketBeat99d agoneutral
ARM Q4 Earnings Call Highlights

Arm (NASDAQ:ARM) reported record results for the fourth quarter of fiscal 2026 and the full fiscal year, pointing to accelerating momentum in cloud AI and growing customer interest in its recently launched Arm AGI CPU product family. Record quarter and full-year results CEO Rene Haas said Arm “deli