AMD revenue reaches record US$13.4 billion as gaming sales fall 40%
Data center revenue accounted for about 63% of the total, while AMD forecast another revenue record for the following quarter.
Markets
Stock exchanges, currencies, bonds and commodity prices.
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Financial leaders split on AI spending outlook at Hong Kong summit
Investment executives raised concerns about valuations and returns, while bank chiefs cited computing demand and potential gains in economic growth.
Syncere lands US$11 million to bring robot lamp into homes
Lume starts at US$2,699 and combines household lighting with a mobile robot designed to perform chores.
Apple’s annual research spending rises 32% to US$45.77 billion
The increase outpaced revenue growth of 15%, while research expenses were nearly unchanged between the June and September quarters.
Evertrue Capital closes US$17 million debut fund for early-stage tech
Former Phoenix Court partner Yvonne Bajela’s fund has made seven investments, with half of its portfolio companies already operating in the US.
Zalando shares fall around 5% as margins overshadow sales beat
The online fashion retailer also introduced Zalando Extended, bringing other retailers’ products into its app, with AI-led purchasing due from 2027.
Anthropic discloses personnel bill topping US$1.7 billion for quarter
An amended IPO filing puts share-based compensation at US$1.1 billion, with further expenses potentially tied to a public listing.
Apple expects rising memory costs to weigh on margins
The company forecasts December-quarter gross margin of 45 to 46 percent and expects memory shortages to constrain Mac and iPad supplies.
Palantir’s US commercial revenue overtakes government sales
The company raised its full-year revenue outlook after quarterly sales reached US$2.31 billion, exceeding analysts’ expectations.
Apple posts US$114.48 billion in quarterly revenue, beating growth forecast
Net profit reached US$30.71 billion as revenue increased 12%, above the company's projected growth of 9% to 11%.
