Read more
Microsoft’s AI Buildout Accelerates as IREN Delivers New Capacity
Microsoft’s AI buildout is accelerating as IREN delivers its first 50MW data center under a $9.7 billion deal. Strong Azure growth reinforces demand, while rising AI spending raises questions about customer concentration, financing and returns.
Cerebras Selloff Tests Investor Faith in Surging AI Demand
Cerebras shares fell sharply after Q2 results as investors focused on near-term margin compression and heavy infrastructure spending, even as cloud revenue nearly quadrupled, core revenue doubled and the company raised its 2026 outlook.
Bullish Diversification Drives Growth as Crypto Trading Slows
Bullish (BLSH) posted 62% growth in adjusted revenue despite weaker crypto trading, as record subscription and services revenue helped offset lower digital asset sales. Shares rallied as investors focused on diversification and the company’s tokenization strategy.
AI Networking Demand Drives Cisco Growth as Margin Pressure Weighs on Shares
Cisco delivered record fiscal 2026 results and stronger-than-expected guidance as AI infrastructure orders surged, but the stock fell as investors weighed gross-margin pressure and high expectations against accelerating networking demand.