Financial Growth In Tech

U.S. B2B tech spending hit $35.3 billion in the first half of 2026, and the second half looks different

Circana puts H1 2026 B2B technology revenue at $35.3B, up 10% YoY. Growth moderates to 6% in H2 as pricing dynamics shift and teams rethink GTM.

SpaceX revenue nearly doubled as Starlink and AI businesses surge, but the spending is far from over

SpaceX's debut financial results show revenue nearly doubling, powered by Starlink and AI, even as executives warn the investment cycle is still ramping up.

Samsung chip profit soared 250-fold this earnings season, and AI infrastructure spending shows no sign of slowing

AI hardware demand drove Samsung's chip unit to a 250-fold profit surge, while Palantir, Cloudflare, and Hon Hai posted outsized results, splitting the enterpr

Ingram Micro Reports Strong Q1 2026 Financial Results with Net Sales Up 13.7%, and Double-Digit Growth in Net Income

Fiscal First Quarter 2026: Net sales of $14.0 billion, above high end of guidance range and up 13.7% over prior year; Gross profit of $926.0 million, up 11.7% over prior year; Net income of $98.9 million and non-GAAP net income of $175.5 million, up year-over-year by 42.9% and 21.7%, respectively

Extreme Networks Reports Third Quarter Fiscal Year 2026 Financial Results

Revenue up 11% and SaaS ARR Growth Accelerates to 29% YoY on Extreme Platform ONE Growth; Secured Forward Supply Chain to Meet Demand and Stabilize Gross Margins

Intel Reports First-Quarter 2026 Financial Results

First-quarter revenue was $13.6 billion, up 7% year-over-year (YoY). First-quarter earnings (loss) per share (EPS) attributable to Intel was $(0.73); non-GAAP EPS attributable to Intel was $0.29. Forecasting second-quarter 2026 revenue of $13.8 billion to $14.8 billion; expecting second-quarter EPS attributable to Intel of $0.08 and non-GAAP EPS attributable to Intel of $0.20.

Applied Digital Investor Day Highlights

At Applied Digital’s inaugural Investor Day, speakers from various sectors of the company and its partners shared insights on the company’s strategic advancements and future goals. The event underscored Applied Digital’s role in shaping the trajectory of high-performance computing and AI technologies. Key takeaways included: 1. Expansion of capacity to hundreds of megawatts and securing…