Earnings
Arm (ARM) reversed higher Thursday after an initial post-earnings drop, while Qualcomm (QCOM) slid on a cautious outlook tied to memory supply constraints—keeping AI infrastructure strength and handset uncertainty at the center of the chip narrative.
Earnings
Uber shares fell after earnings missed expectations, even as revenue and bookings grew. Investors focused on near-term profitability pressure and how Uber’s robotaxi strategy could reshape its long-term role in autonomous mobility.
Innovation & Tech
SpaceX’s acquisition of xAI ahead of a planned IPO consolidates Elon Musk’s private ventures and reshapes how investors assess Tesla’s exposure to AI, governance complexity, and cross-company capital ties.
Innovation & Tech
A small group of AI-linked companies now drives most U.S. market returns, according to a JPMorgan outlook, raising questions about capital concentration, power constraints, and geopolitical dependencies shaping today’s market context.
Price Action
This week’s market action revealed a consistent pattern: investors rewarded near-term clarity, credibility, and visible payoff, while reacting cautiously to uncertainty around costs, capital intensity, and policy direction across earnings and macro events.
Earnings
Apple reported a strong fiscal first quarter, led by record iPhone revenue, broad geographic growth, and better-than-expected earnings, while margin guidance and supply constraints shaped the market’s reaction.
Earnings
Earnings from Meta and Microsoft revealed a split market reaction, as investors rewarded clearer links between AI spending and near-term profits while questioning paths with heavier capital intensity.
Earnings
Tesla reported its first annual revenue decline as earnings topped estimates and management outlined a sharper shift toward artificial intelligence, robotics, and large-scale investment beyond its core auto business.
Earnings
Microsoft topped revenue and earnings estimates, but shares fell as investors focused on cloud growth moderation and the rising cost of artificial intelligence infrastructure.
Earnings
Meta shares jumped after strong earnings highlighted how artificial intelligence investments are driving advertising growth and near-term revenue momentum.
Earnings
ASML reported record orders and raised its outlook as AI-driven chip demand stayed strong, while Texas Instruments’ upbeat forecast reinforced signs of improving conditions across the semiconductor sector.
Innovation & Tech
Major technology companies are accelerating investments in custom AI chips and data center infrastructure, reshaping how computing power is built, deployed, and monetized across the innovation sector.