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Rani Molla
Posts
Apple beats estimates on earnings and revenue
Apple reported second-quarter earnings after the bell Thursday.
Alphabet, Amazon, Microsoft, and Meta plan to spend more than $700 billion on capex this year
That’s up from the $600 billion they’d expected just last quarter.
Google’s business did great — its investments in other businesses did even better
The company racked up an eye-popping $36.9 billion of investment gains during the quarter, largely from its stakes in private companies like Anthropic and SpaceX.
Hertz surges after announcing autonomous fleet partnership with Uber
The stock was up more than 20% in premarket trading.
A tale of two capex increases: Why investors are responding to Google and Meta so differently
Two big tech companies posted stellar earnings and upped their capex forecasts. One stock is up, one is down.
Meta posts an earnings and revenue beat — and a huge capex bill
The social media giant reported earnings after the bell Wednesday.
SpaceX filings reportedly show no one can fire Elon Musk except Elon Musk
With control of the Class B shares, Musk could “continue to control the election and removal of a majority of our board.”
OpenAI’s models are officially coming to Amazon
On Monday, Microsoft announced a new agreement in which it lost exclusive access to OpenAI’s models.
Meta could be getting ready to post its highest revenue growth since 2021
Meta’s outlook and analyst estimates suggest more than 30% revenue growth in Q1.
Apple is on its way to becoming the biggest smartphone seller in China
The memory crunch has made iPhones a more popular alternative as competitors’ prices rise.