Klarna reports Q3 revenue up 26% YoY to $903M, above $882M est., a $95M net loss, and expects $1B+ revenue in Q4, in its first post-IPO earnings release
Samantha Subin / CNBC :
AMD CEO Lisa Su says AMD's annual revenue growth will average more than 35% and AI data center revenue growth will average 80% over the next three to five years
Lineup confirms 2026 release for Zen 6, coming with expanded AI features Samantha Subin / CNBC : AMD stock soars 10% on strong growth projections as CEO Su calls AI spending ‘the right gamble’ Kara Gr...
OpenAI says it paused Sora's ability to generate videos resembling MLK Jr. at the request of his estate, after some users created “disrespectful depictions”
OpenAI responded, but is it enough? Mary Cunningham / CBS News : OpenAI blocks Sora 2 users from using MLK Jr.'s likeness after “disrespectful depictions” Katrina Morgan / WUSA : OpenAI takes away abi...
Govini, a Palantir competitor whose AI software Ark helps militaries manage product lifecycles, raised $150M from Bain Capital and says it hit $100M in ARR
Samantha Subin / CNBC :
Netskope priced its IPO at $19 per share, at the top end of its expected range, valuing the cybersecurity company at $7.3B, and raised $908.2M in the offering
Samantha Subin / CNBC :
OpenAI CFO Sarah Friar says that the startup hit its first $1B revenue month in July and that “the biggest thing we face is being constantly under compute”
Samantha Subin / CNBC :
Instacart reports Q2 revenue up 11% YoY to $914M, above est., orders up 17% YoY to 82.7M, vs. 80.8M est., and projects its Q3 GPV and EBITDA above est.
Dear Shareholders, We delivered another strong quarter … Bill Peters / MarketWatch : Instacart says its grocery partners are starting to ‘embrace more competitive pricing,’ as demand forecast tops est...
Palantir becomes the 20th most valuable US company, after its stock more than doubled in 2025, giving it a market cap of $375B
Samantha Subin / CNBC :
ServiceNow reports Q2 revenue up 22.5% YoY to $3.22B, vs. $3.12B est., and net income up 47% YoY to $385M, fueled by AI growth; NOW jumps 7%+
Samantha Subin / CNBC :
Tesla's Austin robotaxi service gets a limited launch, with ~10 Model Y vehicles and safety drivers; Elon Musk says initial users will pay “a $4.20 flat fee”
or want to know—about Tesla's robotaxi service David Pierce / The Verge : Tesla's robotaxi reality check Richard Brack / Austin American-Statesman : Tesla robotaxis begin rolling in Austin, but only f...