Microsoft reported fiscal first-quarter revenue of $92.28 billion and Azure cloud growth of 48% year over year, but capital expenditures of $45.2 billion — well below the $50.7 billion analyst estimate — sent neocloud stocks CoreWeave and Nebius down nearly 5% in after-hours trading.
Alphabet posted negative free cash flow of $9.07 billion in the third quarter of 2026, missing analyst expectations by a wide margin, as capital expenditures of $51.36 billion fell short of forecasts and a reversal in equity-holdings revenue weighed on net income.
Apple unveiled the first touchscreen MacBook Pro on Wednesday, reversing a decades-long design stance. The 14-inch model starts at $2,899 and goes on sale November 6, as the company bets software and developer support will make the feature stick.
U.K. Chancellor John Healey unveiled his first Autumn Budget on Wednesday, pairing £2.6 billion in household energy relief with new AI investment, £10 billion for Ukraine, and a higher bank surcharge to fund the package.
Starbucks is bringing back its viral Bearista glass cold cup for the 2026 holiday season, with new mystery versions arriving Nov. 10 and the original returning Dec. 1, as CEO Brian Niccol looks to repeat last year's sellout success.
SK Hynix posted record third-quarter revenue of 104.62 trillion won and operating profit of 83.33 trillion won, surging 632.1% year on year, as demand for AI high-bandwidth memory continues to drive the South Korean chipmaker's results.
Anthropic's S-1 filing revealed $131.7 billion in cash and short-term investments, surpassing every non-bank U.S. company except Berkshire Hathaway and Alphabet, even as the company disclosed more than half a trillion dollars in future obligations and analysts cautioned that the AI sector's financing risks remain unresolved.
Microsoft reported fiscal first-quarter revenue of $92.28 billion and Azure cloud growth of 48% year over year, but capital expenditures of $45.2 billion — well below the $50.7 billion analyst estimate — sent neocloud stocks CoreWeave and Nebius down nearly 5% in after-hours trading.
Alphabet posted negative free cash flow of $9.07 billion in the third quarter of 2026, missing analyst expectations by a wide margin, as capital expenditures of $51.36 billion fell short of forecasts and a reversal in equity-holdings revenue weighed on net income.
Starbucks is bringing back its viral Bearista glass cold cup for the 2026 holiday season, with new mystery versions arriving Nov. 10 and the original returning Dec. 1, as CEO Brian Niccol looks to repeat last year's sellout success.
Apple unveiled the first touchscreen MacBook Pro on Wednesday, reversing a decades-long design stance. The 14-inch model starts at $2,899 and goes on sale November 6, as the company bets software and developer support will make the feature stick.
Nvidia will invest $3 billion and AMD $1 billion in Meta's $95 billion AI infrastructure equity raise, with both chipmakers also deepening technical partnerships around Meta's Muse AI agent and next-generation hardware deployments.
Apple acknowledged that the inner screens on a "small number" of its new iPhone Duo foldable phones are failing, showing horizontal bright lines near the hinge, and said it will offer free replacements under AppleCare.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.