Amphenol Books $12.2 Billion of Orders as AI Data Centers Drive Its Communications Business Up 99%
Amphenol posted record Q3 sales of $10.2 billion, up 65%, orders of $12.2 billion, a 20% dividend increase and a new $4 billion buyback plan.
Tech & Analysis
Technology stock analysis and chart breakdowns: earnings, AI spending, valuations and the key levels investors are watching in tech.
Alphabet Falls About 10% After Hours as Ad Sales Miss, Even With Google Cloud Up 103%
Alphabet's third-quarter revenue rose 25% to $127.6 billion, slightly below consensus, as Search and YouTube ads fell short while Google Cloud more than doubled. Capex of $51.4 billion pushed free cash flow negative.
Google Cloud Doubles to $30.7 Billion, but $51 Billion of Capex Pushes Alphabet’s Free Cash Flow Negative
Alphabet's Q3 revenue rose 25% to $127.6 billion and Google Cloud grew 103%, but capital spending of $51.4 billion left free cash flow at minus $9.1 billion.
Apple Puts OLED and Touch on the MacBook Pro for the First Time, Five Days Before Its Earnings
Apple opened pre-orders for a MacBook Pro with a tandem OLED display and touch input from $2,899, plus a 14-inch M6 model from $1,999, ahead of its fiscal fourth-quarter report on Nov. 2.
Seagate Beats on Record Margins and Guides Higher, Yet Shares Fall After Hours as Expectations Run Ahead
Seagate reported fiscal first-quarter revenue of $4.23 billion, up 61%, and EPS of $7.68, and guided to $4.8 billion next quarter, but the stock traded lower after hours.
SK hynix Earns an 80% Operating Margin and Promises to Hand Back About $75 Billion to Shareholders
SK hynix reported a third-quarter operating profit of 83.3 trillion won on revenue above 100 trillion won, beating Bloomberg estimates and unveiling a 100 trillion won shareholder return plan.
Corning’s AI Fiber Boom: Optical Sales Jump 44% and the Company Now Eyes a $40 Billion Run Rate
Corning reported third-quarter core sales up 19% to $5.08 billion as optical communications surged 44%, and set a goal of doubling its annualized sales to $40 billion by 2030.
Microsoft Offers Voluntary Exits to Thousands of Employees on the Eve of Its Earnings
Microsoft launched a time-limited Voluntary Exit Offer on October 26, reportedly open to about 60,000 employees, two days before results that will show how its record AI spending is weighing on costs.
Broadcom and Four Wall Street Firms Line Up $63 Billion to Lease AI Chips to Anthropic
Bank of America, Blackstone, Citi and Morgan Stanley announced a $63 billion vehicle to buy Broadcom AI accelerators and lease them to Anthropic, with Broadcom backing the senior debt. Here is what the official documents show.
Anthropic Files for a Nasdaq IPO: What the Prospectus Reveals About the Economics of AI
Anthropic filed to list on Nasdaq as ANT. Revenue reached $16.3B in six months, alongside an $80.7B loss and huge compute commitments. The key numbers.
