Palantir reported $1.18 billion in Q3 revenue, beating forecasts despite shares falling 7.95% on valuation concerns. CEO Alex Karp credits the company’s “anti-woke” strategy and government partnerships for its 154% year-to-date stock surge, while defending controversial contracts with ICE and Israel
Walmart de México is integrating Aplazo’s buy now, pay later service with 1.5 million preapproved credit lines. The move targets Mexico’s 60 million adults needing flexible financial options amid growing payment friction.
GridBeyond just launched its Designer platform in the Southwest Power Pool market. The AI-powered tool helps energy asset owners plan investments and optimize operations. It uses forecasting to maximize revenue from real-time markets while balancing carbon reduction goals.
Asian AI-linked stocks are getting hammered as investors question sky-high valuations. SoftBank plunged 10% while Advantest dropped over 8%, following Palantir’s 8% decline despite beating earnings.
Super Micro Computer’s second-quarter profit forecast missed analyst estimates despite strong revenue projections. The server maker’s shares tumbled in late trading as investors questioned its ability to capitalize on AI demand. The disconnect between sales growth and profitability raises concerns a
Thomson Reuters is pushing AI legal tools like CoCounsel, but shares fell 6% after earnings. The company faces growing competition from LexisNexis-Harvey and Clio-vLex while OpenAI remains a constant threat.
Starting January 1, 2026, Apple users in Texas will face new age verification requirements for App Store accounts. Parents will need to provide consent for their children’s downloads and in-app purchases. Apple is rolling out developer tools now to prepare for compliance.
Apple is reportedly developing an M5 Ultra chip for the Mac Studio, targeting a 2026 release. This follows the company’s decision to skip an M4 Ultra variant entirely. The chip will likely power both Mac Studio and Mac Pro updates.
AMD delivered record quarterly revenue of $9.2 billion, driven by sharp increases in CPU and Instinct GPU sales. The company also deepened its partnership with OpenAI, which could generate over $100 billion in revenue over the next few years.
Apple is making a major strategic shift by developing its first truly affordable MacBook. The device is already in early production and could launch as soon as the first half of 2026 at a $599-$699 price point. This move targets Chromebooks and Windows 10 refugees as Microsoft ends support.
