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Asian chip firms lifted by Nvidia forecast but broader markets struggle
AFP8d agoneutral
Asian chip firms lifted by Nvidia forecast but broader markets struggle

Asian chip firms rallied Thursday following more blockbuster earnings from Nvidia that eased worries over the AI investment boom, though the euphoria was tempered by US data showing stubbornly high inflation.Nvidia is considered the bellwether for the AI spending frenzy, with its results largely determined by mega purchases from AI giants such as OpenAI, Amazon, Microsoft and xAI. The firm has led an eye-watering rally by tech firms over the past year and in October became the first to hit a mar

South32 H2 Earnings Call Highlights
MarketBeat8d agoneutral
South32 H2 Earnings Call Highlights

South32 (LON:S32) reported higher earnings and cash flow for FY26 as its base-metals operations benefited from commodity prices and operating performance, while the miner outlined plans to sharpen its focus on copper and zinc following the proposed sale of its aluminium value chain assets. Chief Ex

OpenAI Is the Sole Investor in Its Latest Venture Fund
The Wall Street Journal8d agoneutral
OpenAI Is the Sole Investor in Its Latest Venture Fund

OpenAI is launching a second startup fund—this time pulling from its own balance sheet. An affiliate of the ChatGPT maker filed paperwork with the U.S. Securities and Exchange Commission on Wednesday indicating it has raised a $400 million sophomore fund. OpenAI launched its first startup fund, a $175 million haul, in 2021.

Veeva Systems Q2 Earnings Call Highlights
MarketBeat8d agoneutral
Veeva Systems Q2 Earnings Call Highlights

Veeva Systems (NYSE:VEEV) reported fiscal 2027 second-quarter revenue of $928 million and non-GAAP operating income of $416 million, with Chief Executive Officer Peter Gassner saying results exceeded the company’s guidance. Management highlighted record CRM performance, broad commercial-cloud moment

Synopsys Q3 Earnings Call Highlights
MarketBeat8d agoneutral
Synopsys Q3 Earnings Call Highlights

Synopsys (NASDAQ:SNPS) reported third-quarter fiscal 2026 results above the high end of its guidance, citing broad-based strength in electronic design automation, its Ansys business and design IP. The company raised its full-year revenue, non-GAAP operating margin, earnings and cash-flow outlook. R

Salesforce Q2 Earnings Call Highlights
MarketBeat8d agoneutral
Salesforce Q2 Earnings Call Highlights

Salesforce (NYSE:CRM) reported fiscal 2027 second-quarter revenue of $11.35 billion, up 11% from a year earlier and above the high end of its constant-currency guidance, while highlighting growing demand for its AI products and raising its full-year revenue outlook. Chief Operating and Financial Of

Urban Outfitters Q2 Earnings Call Highlights
MarketBeat8d agoneutral
Urban Outfitters Q2 Earnings Call Highlights

Urban Outfitters (NASDAQ:URBN) reported record second-quarter sales and earnings for fiscal 2027, extending what CEO and Chairman Dick Hayne described as the company’s eighth consecutive quarter of record sales and profits. Net sales rose 10% to $1.7 billion in the quarter ended July 31, 2026. Oper

Agilent Technologies Q3 Earnings Call Highlights
MarketBeat8d agoneutral
Agilent Technologies Q3 Earnings Call Highlights

Agilent Technologies (NYSE:A) reported third-quarter fiscal 2026 revenue of $1.88 billion, with core revenue growth of 7.3%, exceeding the high end of its guidance range. The company said earnings per share were $1.56 excluding tariff-refund benefits, up 14% from a year earlier and $0.06 above the t

Okta Q2 Earnings Call Highlights
MarketBeat8d agoneutral
Okta Q2 Earnings Call Highlights

Okta (NASDAQ:OKTA) said its second-quarter fiscal 2027 performance was supported by broad-based demand across its workforce and customer identity platforms, with particular strength among large enterprises, channel partners and newer products. Chief Executive Officer and Co-founder Todd McKinnon sa

NVIDIA Q2 Earnings Call Highlights
MarketBeat8d agoneutral
NVIDIA Q2 Earnings Call Highlights

NVIDIA (NASDAQ:NVDA) reported record second-quarter results for fiscal 2027, with revenue more than doubling from a year earlier to $96 billion, as demand for artificial intelligence infrastructure continued to expand across hyperscalers, cloud providers, enterprises and sovereign customers. Chief

Nutanix Q4 Earnings Call Highlights
MarketBeat8d agoneutral
Nutanix Q4 Earnings Call Highlights

Nutanix (NASDAQ:NTNX) reported fourth-quarter fiscal 2026 results above its guided ranges, citing broad-based demand for its hybrid multicloud platform, external storage support, public-cloud offering and portfolio products despite continued server supply constraints. Fourth-quarter revenue reached

Stock Futures Tick Up After Strong Nvidia Earnings
The Wall Street Journal8d agoneutral
Stock Futures Tick Up After Strong Nvidia Earnings

Stock-index futures edged higher in after-hours trading Wednesday after Nvidia crushed another round of earnings. The company's strong report offered relief to the major indexes, which saw muted moves earlier in the day.