Angel Au-Yeung / Wall Street Journal : A look at the “Palantir Mafia”, a group of Palantir alumni who have started or are leading 350+ te...
Cloudflare reports Q2 revenue up 28% YoY to $512.3M, vs. $501.21M est., and forecasts Q3 revenue of $543.5M to $544.5M, vs. $538.6M est. — Shares in Cloudflare Inc. rose more than 5% in late trading today after the content delivery network company impressed investors with earnings …
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Apple incurred ~$800M in tariff-related costs in Q3, $100M less than expected, and expects a jump to $1.1B in Q4 if current rates and policies remain in place — Trump's tariffs are increasingly costing Apple more per quarter — Apple's bill for Trump's tariffs in the third quarter …
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Coinbase reports Q2 revenue up 3% YoY to $1.5B, vs. $1.6B est., and retail trading volume up 16% to $43B, vs. $48.05B est.; COIN drops 6%+ after hours — Coinbase shares fell Thursday after gains in the cryptocurrency exchange's subscription revenue failed to offset weaker trading volumes.
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Apple has now sold over 3B iPhones since its 2007 launch; it reached 1B sold in July 2016, and is estimated to have reached 2B around September 2021 — Apple reported its fiscal Q3 2025 earnings today, beating analyst expectations in key categories like revenue, earnings per share, iPhone revenue, and more.
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Apple Q3: iPhone up 13% YoY to $44.58B, vs. $40.22B est., Mac up 15% to $8.05B, iPad down 8% to $6.58B, and Wearables, Home, and Accessories down 9% to $7.4B — June quarter records for total company revenue, iPhone revenue and EPS — Services revenue reaches new all-time high
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Apple reports Q3 revenue from Services, which includes the App Store, Apple TV+, and Apple Music, up 13.3% YoY to $27.42B, vs. $26.8B est. — Apple continued to drive double-digit growth in its Services business, which increased revenue 13.3% to $27.42 billion for the June 2025 quarter — a new quarterly record.
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Apple reports Q3 revenue up 10% YoY to $94B, its largest quarterly growth since December 2021, net income up 9% to $23.4B, and China net sales up 4% to $15.4B — Apple Apple reported third-quarter earnings on Thursday that topped Wall Street expectations for profit and revenue.
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Roku reports Q2 revenue up 15% YoY to $1.11B, vs. $1.07B est., a net profit of $10.5M, and Platform segment sales up 18% to $976M — Roku exceeded expectations for the second quarter of 2025, with the streaming platform company turning in better-than-expected 15% top-line growth — and a quarterly profit.
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Amazon reports Q2 revenue up 13% YoY to $167.7B, operating income up 31% YoY to $19.2B, and net income up 35% YoY to $18.2B — Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2025. - Net sales increased 13% to $167.7 billion in the second quarter …
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Amazon reports Q2 AWS revenue up 17.5% YoY to $30.9B, vs. $30.8B est., and AWS operating income up 8.8% YoY to $10.2B — Amazon's cloud group grew recorded revenue growth of 18% in the second quarter, slightly ahead of analysts' estimates. — Amazon Web Services continues to lead …
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Coinbase says its new “everything exchange” will include tokenized assets, stocks, derivatives, prediction markets, and more, for US users in the coming months — Coinbase is planning to expand its core trading app beyond crypto, the company said Thursday.
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Amazon reports Q2 ad revenue up 23% YoY to $15.7B, vs. $14.9B est., and subscription services revenue up 12% YoY to $12.2B — Amazon one-day stock chart — CNBC Councils — CNBC on Peacock — Join the CNBC Panel — Supply Chain Values — Select Shopping — Ad Choices
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Reddit reports Q2 revenue up 78% YoY to $500M, vs. $426M est., daily active uniques up 21% to 110.4M, Q3 guidance above est.; RDDT jumps 10%+ after hours — earnings greatly beat expectations and the company provided better-than-expected revenue estimates for its third quarter on Thursday.
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Sources: Salesforce and ServiceNow are in talks to invest ~$750M each in Genesys, which uses AI to automate customer service functions, valuing Genesys at ~$15B — Salesforce Inc. and ServiceNow Inc. are each in advanced talks to invest about $750 million apiece in Genesys Cloud Services Inc. …
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The US SEC launches Project Crypto, an initiative to “modernize” securities regulations to allow for crypto-based trading — The Securities and Exchange Commission on Thursday debuted “Project Crypto,” an initiative to modernize securities rules and regulations to allow for crypto-based trading.
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Sources detail the rise and fall of Builder.ai, as founder Sachin Duggal's alleged financial transgressions fueled the first big bust of the generative AI era — Sachin Dev Duggal helped Builder.ai reach a $1.5 billion valuation. Then its board ousted him amid allegations of inflated revenue and the startup filed for bankruptcy.
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Figma opens at $85 on the NYSE, after selling shares at $33 in its IPO, hitting a ~$50B valuation, more than a year after Adobe's $20B failed acquisition — Figma's stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its IPO.
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A look at Big Tech's AI talent wars with massive compensation packages; sources: Meta told potential hires they would be allotted 30K GPUs for their AI research — Over the summer, Matt Deitke got a phone call from Mark Zuckerberg, Meta's chief executive. — Mr. Zuckerberg wanted Mr. Deitke …
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Google loses its appeal of a judge's order requiring an overhaul of its app store policies in an antitrust case filed by Epic Games — Alphabet Inc.'s Google lost its appeal of a judge's order requiring an overhaul of the technology giant's app store policies in an antitrust case filed by Fortnite-maker Epic Games Inc.
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Microsoft says Russia's Secret Blizzard hacking group is impersonating Kaspersky and leveraging Russian ISPs to spy on foreign embassies in Moscow — The FSB cyberespionage group known as Turla seems to have used its control of Russia's network infrastructure to meddle with web traffic …
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Microsoft says Russia's Secret Blizzard hacking group is impersonating Kaspersky and leveraging Russian ISPs to spy on foreign embassies in Moscow — - Notorious espionage group impersonated Kaspersky hit targets — Malware tools decrypted sensitive data to gather intelligence
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Microsoft's FY 2025 report excludes the names of rivals, breaking from a common industry practice; its last report designated 25+ companies as competitors — Microsoft has abandoned a decades-long tradition of calling out the names of its rivals in regulatory documents.
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Tether reports Q2 net profit of $4.9B, a quarterly record, and says it held nearly $9B in bitcoin at the end of the quarter — - Tether, the world's largest stablecoin issuer, said it registered a net profit of $4.9 billion, setting a new quarterly record. The previous record was $4.5 billion, set in Q1 2024.
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Israel-based Noma Security, whose platform secures enterprise data and AI models against AI agents, raised a $100M Series B, bringing its total funding to $132M — Israeli cybersecurity startup Noma Security, whose platform secures enterprise data and AI models against AI agents …
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Turkey-based Good Job Games, which develops Match-3 games like the popular Match Villains, raised a $60M Series A, after raising a $23M seed six months ago — With $83 million raised in six months, the Turkish mobile game developer is emerging as a new force in global gaming.
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Fleet management software provider Motive raises $150M led by Kleiner Perkins; the company reportedly could go public by the end of 2025 — Fleet tracking and driver safety startup Motive Technologies Inc. raised $150 million from a private funding round led by venture capital firm Kleiner Perkins …
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