Nicolas Thomas

Anthropic's great ambitions reach $900bn

Anthropic has unveiled new financial results in an updated version of its IPO prospectus filed with the SEC. The developer of the Claude artificial intelligence models is reporting exceptional revenue growth, but also considerable accounting losses and nearly $900bn in contractual commitments, primarily related to computing infrastructure.

November 02, 2026 at 11:16 am

CXMT returns to profit as AI-driven memory prices soar

Chinese memory chipmaker ChangXin Memory Technologies (CXMT) returned to profit in the third quarter, benefiting from a sharp rise in memory chip prices fueled by investment in artificial intelligence. China's largest DRAM supplier by revenue, the group is benefiting as international rivals redirect production capacity toward high-bandwidth memory (HBM), which is essential for AI accelerators.

November 02, 2026 at 02:21 am

Alliant Energy Targets 1 GW in New Power Contracts With Data Centers

Alliant Energy expects to sign new electricity supply contracts over the next six months representing approximately 1 gigawatt (GW) of additional capacity for data centers. These agreements would add to the 3.4 GW already contracted with groups including Google, Meta Platforms and QTS Data Centers, backed by Blackstone. The US utility is benefiting from the surge in energy demand linked to artificial intelligence, at a time when US electricity consumption, already at a record level in 2025, is expected to continue rising in 2026 and 2027.

November 02, 2026 at 02:21 am

Microsoft considers raising at least $25bn in bond market to fund AI

Microsoft is preparing to issue at least $25bn in bonds in the US to support its massive investments in artificial intelligence infrastructure, Bloomberg News reported. The transaction, which would be the group's first US investment-grade debt offering in over nine years, highlights the growing reliance of technology giants on financial markets to fund their expansion in AI.

October 30, 2026 at 05:13 am

Intel's Cold Shower After Stock Market Euphoria

Intel presented a significantly weaker-than-expected outlook for Q4, sending its shares down over 17% after the close of trading on Wall Street. The US semiconductor maker remains weighed down by the slowdown in the personal computer market, even as its data center and artificial intelligence businesses post strong growth. The update comes after the stock gained around 150% since the start of the year, fueled by hopes of a turnaround at the group.

October 30, 2026 at 05:13 am

General Motors agrees to pay $220m over sharing driving data

General Motors has reached a $220m agreement with the attorneys general of 35 US states and the District of Columbia to resolve allegations that it illegally sold customers' personal data. The automaker is accused of providing information on driving patterns and behavior to data brokers, which allegedly resold it to insurers that could use it to set or raise auto insurance premiums.

October 30, 2026 at 05:12 am

Amazon lifts its cloud business and burns through cash

Amazon posted weaker-than-expected Q3 results, despite strong growth in its AWS cloud division, driven by demand for artificial intelligence infrastructure. The group also reaffirmed its $220bn capital spending program for 2026, reigniting concerns about the profitability of this strategy and its impact on cash. The stock fell more than 5% after Wall Street's close, as investors punished the disappointing results and the scale of the capital being deployed.

October 30, 2026 at 05:12 am

Alphabet loses $467bn in the cloud

Alphabet has posted mixed Q3 results, marked by spectacular growth at Google Cloud, driven by the artificial intelligence boom. However, this performance was not enough to reassure investors, who are concerned about slowing advertising revenue, margin pressure and soaring investment. The stock plunged after the release, as analysts questioned the group's ability to monetize AI in its core search business.

October 30, 2026 at 05:12 am

Reddit plunges 17% on audience erosion concerns

Reddit fell 17% in after-hours trading on Wall Street, despite reporting better-than-expected results. The US community forum and digital advertising platform posted 53% revenue growth in Q3 quarter, to $895m, versus $874.9m expected. Net income surged 74%, to $283m, while diluted EPS rose 75%, to $1.40. Adjusted EBITDA increased 70%, to $402m.

October 30, 2026 at 05:11 am

Cheniere Energy: Financial indicators in the green in Q3, targets raised

In Q3 2026, Cheniere Energy reported revenue of approximately $6.2bn, up 39% y-o- Consolidated adjusted EBITDA rose 18% to $1.9bn. Net income came in at approximately $1.2bn, an increase of 12% sequentially.

October 30, 2026 at 03:50 am

ServiceNow battered after guidance announced

ServiceNow reported quarterly results that were generally above expectations, supported by the strength of its core businesses and the growing adoption of its artificial intelligence solutions. The group also raised its full-year AI targets. But cautious Q4 guidance overshadowed the strong performance, sending the stock spiraling, down about 26% on Wall Street.

October 30, 2026 at 03:40 am

Microsoft beats expectations on Azure and reassures investors about funding its AI investments

Microsoft reported better-than-expected results for Q1, driven by accelerating growth in its Azure cloud division. The group is benefiting from strong corporate demand for artificial intelligence infrastructure, while maintaining positive cash generation despite considerable investments in data centers. The performance reassured investors as the massive spending by technology giants raises growing concerns on Wall Street. Microsoft shares rose more than 2% after the close.

October 29, 2026 at 04:04 am

Apple unveils its first touchscreen MacBooks, from $2,899

Apple has unveiled its first MacBook Pro models equipped with OLED touchscreens, breaking with its longstanding strategy of reserving the technology for iPhones and iPads. Unveiled in Los Angeles by its new chief executive, John Ternus, the high-end computers will go on sale Nov. 6, with prices starting at $2,899. The move comes as the group seeks to refresh its Mac lineup and attract new users.

October 29, 2026 at 04:03 am

GE Vernova: Wall Street's icy reaction despite strong results and raised guidance

Down over 2% at $875.66, GE Vernova posted one of the steepest declines in the S&P 500 on Wednesday, despite broadly robust third-quarter activity driven by the global acceleration in demand for power infrastructure.

October 29, 2026 at 03:57 am

Amazon launches five new Alexa devices to strengthen its position in the smart home

Amazon unveiled five new devices integrating its Alexa voice assistant, aiming to accelerate its adoption in homes and expand its capabilities. The new lineup includes smart displays and speakers, a smart alarm clock and a digital photo frame, with enhanced capabilities for visual recognition, home monitoring and sleep tracking. The push comes amid intensifying competition in the smart-device market.

October 29, 2026 at 03:56 am

NXP Semiconductors Posts Strong Results, but Outlook Disappoints

NXP Semiconductors reported quarterly results above analysts' expectations on Tuesday, driven by growth in revenue and adjusted earnings. However, the semiconductor maker disappointed investors with an outlook viewed as unencouraging for Q4, sending its stock down sharply (-7%, in after-hours trading).

October 28, 2026 at 03:44 am

Syngenta targets a valuation of $66bn to $88bn for Hong Kong IPO

According to Reuters, Swiss-Chinese agrochemical group Syngenta is preparing a Hong Kong IPO that could take place as early as January 2027, with a target valuation of between $66bn and $88bn. Controlled by Chinese state-owned conglomerate Sinochem, the company plans to sell between 10% and 20% of its share capital to raise between $5bn and $10bn. The transaction could rank among the world's largest IPOs next year.

October 28, 2026 at 03:37 am

Oracle strengthens its alliance with OpenAI and diversifies its chips to accelerate in AI

Oracle announced the integration of ChatGPT and Codex into its business software, as well as the expansion of the processors available on its cloud infrastructure. Presented at the Oracle AI World conference in Las Vegas, these initiatives are intended to facilitate companies' adoption of artificial intelligence and strengthen the group's position in a rapidly expanding market, despite concerns about the financing of its investments.

October 28, 2026 at 03:36 am

ASM International raises guidance and brings forward growth target by 3 years

ASM International reported better-than-expected quarterly results and raised its growth outlook, driven by investment in semiconductors for artificial intelligence. The Dutch equipment maker now expects to exceed 5.7 MdEUR in revenue as early as 2027, reaching its target 3 years ahead of the original 2030 deadline.

October 28, 2026 at 03:35 am

A Mixed Quarter for Amkor, Although Momentum Remains Positive

Amkor Technology reported mixed Q3 2026 results, marked by strong performance in its data center and automotive businesses, but also by weaker demand for smartphones. Despite guidance slightly below expectations for the end of the year, JPMorgan and Needham remain confident in the long-term prospects of the US semiconductor packaging specialist. The stock is up over 5% in trading.

October 27, 2026 at 11:38 am

JetBlue deepens Q3 losses despite resilient demand

JetBlue Airways reported a sharp widening of its losses for Q3, mainly due to surging fuel costs. Despite results that fell short of analysts' expectations, the US airline is highlighting resilient demand and improving unit revenue to defend the prospects of its turnaround plan.

October 27, 2026 at 04:19 am