Amazon Web Services growth surges as Q1 cloud revenue rises 25% to $37.6B AWS growth jumps 25% as Amazon posts $37.6B in Q1 cloud revenue, citing surging AI demand; Andy …
revenue
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Technology
Cloud providers face surging AI compute demand as investments outpace revenue
by Helga Moritzby Helga MoritzAI cloud demand outpaces revenue as tech giants accelerate compute investments AI cloud demand surges as tech giants report rising revenues while infrastructure spending accelerates faster, prompting strategic shifts and …
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Business
Adidas reports robust Q1 revenue and profit growth ahead of World Cup
by Leo Müllerby Leo MüllerAdidas posts stronger-than-expected Q1 2026 as World Cup campaign lifts outlook Adidas surged in Q1 2026 with €6.6 billion revenue and a 15.5% rise in operating profit, keeping full-year guidance …
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Technology
OpenAI CFO Warns It May Not Afford Future Compute Unless Revenue Grows
by Helga Moritzby Helga MoritzOpenAI CFO Warns Compute Costs Could Outpace Revenue, Raising Funding Concerns OpenAI CFO Sarah Friar warned that compute costs could outpace revenue growth, risking the company’s ability to finance future …
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Business
SAP posts robust Q1 as cloud revenue surges 19% and backlog rises 20%
by Leo Müllerby Leo MüllerSAP Q1 results: Cloud revenue climbs 19% as AI demand lifts profit but company warns of Q2 slowdown SAP Q1 results: cloud revenue up 19% and adjusted EBIT +17%. Company …
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Business
SAP reports Q1 beat as cloud and AI drive revenue growth, flags Q2 slowdown
by Leo Müllerby Leo MüllerSAP quarterly results beat forecasts as cloud revenue and AI demand lift profits SAP Q1 results beat forecasts as cloud revenue and AI demand lift sales; adjusted EBIT rose but …
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Technology
Intel beats estimates with $13.6 billion revenue and $0.29 adjusted EPS
by Helga Moritzby Helga MoritzIntel quarterly revenue climbs 7% to $13.6B, far exceeding analyst forecasts Intel quarterly revenue rose 7% year-on-year to $13.6 billion, beating expectations as adjusted EPS reached $0.29 vs. the $0.01 …
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Business
Tesla posts higher revenue and profit as deliveries rise amid Musk controversies
by Leo Müllerby Leo MüllerTesla Quarterly Results: Revenue and Profit Rise as Deliveries Increase Tesla quarterly results show revenue and profit growth driven by higher deliveries, with controversies around Elon Musk still weighing on …
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Business
German Finance Ministry reveals Iran war reduces tax revenue by €20.8 million
by Leo Müllerby Leo MüllerGermany’s fuel tax revenue falls short as higher pump prices leave federal budget with a net loss, ministry model shows Model by Germany’s finance ministry indicates VAT gains are outweighed …
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Technology
TSMC Q1 net profit jumps 58% and guides record quarterly revenue
by Helga Moritzby Helga MoritzTSMC profit surge: Q1 net income jumps 58% to €15.37B as company raises revenue guidance TSMC Q1 profit surges 58% to €15.37B, with revenue up 35%; the chipmaker now forecasts …