Quartz:
AWS revenue rose 28% YoY in Q1 to $37.6B, vs. $36.64B est., its fastest growth in 15 quarters, as capital expenditure rose to $44.2B, up from $25B in Q1 2025  —  AWS revenue rose 28% to $37.6 billion, the fastest growth in 15 quarters, as total revenue climbed 17% to $181.5 billion

Emma Roth / The Verge:
Microsoft reports Q3 Xbox hardware revenue fell 33% YoY and Xbox content and services revenue, which includes Game Pass, dropped 5% YoY  —  Xbox hardware revenue took a 33 percent hit, even as the company raked in $82.9 billion. … Microsoft's Xbox hardware revenue continues to tumble …

Ian King / Bloomberg:
Qualcomm reports Q2 revenue down 3% YoY to $10.6B and says a top hyperscaler is on track to begin using its chips later this year; QCOM jumps 12%+ after hours  —  Qualcomm Inc. rallied in late trading after the company said it was making headway in the lucrative data center market and predicted …

Financial Times:
Google has told employees in a memo that it “proudly” works with the US military and will continue to do so, amid opposition from some staff over DOD contracts  —  The tech giant signed an artificial intelligence deal with the defence department on Monday

Microsoft's Xbox hardware revenue continues to tumble, with the company revealing a 33 percent decline as part of its earnings report released on Wednesday. Even though the rest of Microsoft's consumer-focused division took a dip, the company's cloud and productivity businesses continue to soar, driving the company toward $82.9 billion in revenue. Along with declining […]