5 articles
Tesla sold more cars than ever last quarter and still burned through 1.1 billion dollars in cash, its first cash-burning quarter since early 2024. Revenue hit a record while operating profit fell 57 percent. The gap is a 5.8 billion dollar capital-spending spree on robotaxis, AI, and Optimus that has turned the world's most profitable EV maker into something that spends like a hyperscaler.
Microsoft quietly killed 1.5GW of near-term data center builds and walked away from 2GW more in non-binding leases, while seven hyperscalers signed a White House pledge committing to pay for power whether they use the electricity or not. Aggregate 2026 AI capex now tops $660 billion, and earnings drop on Wednesday April 29.
Broadcom crushed Q4 earnings with $18B revenue and 74% AI growth, yet shares plunged 10.7%. This report breaks down the margin compression paradox - why booming AI chip sales can hurt profitability.
Oracle just reported $16.1B in revenue and an eye-watering $523B backlog. We break down the OCI technical advantage that has everyone from Nvidia to OpenAI renting their servers.
Rivian cut its production guidance and earnings expectations for 2025, citing a challenging market after the elimination of federal EV incentives.