Ambarella Falls 21% on Q1 Beat as Guidance Lands In-Line
Ambarella stock tumbled 21% Friday despite a Q1 FY27 earnings beat. In-line Q2 guidance disappointed a market priced for upside.
Artificial Intelligence
Market-focused coverage of artificial intelligence companies, infrastructure spending, business models, and adoption. We examine the filings, financial metrics, and competitive forces behind the headlines.
Okta Surges 23% on Q1 Beat, Raises FY27 on AI Agents
Okta beat Q1 FY27 estimates on $765M revenue and $0.91 non-GAAP EPS, raised full-year guidance, and pitched identity as the control plane for AI agents.
Dell Surges 35% on AI Boom: $51B Backlog, $60B FY27 Outlook
Dell Q1 FY27 posts record $43.8B revenue (+88%), AI server revenue jumps 757%, backlog hits $51.3B. FY27 AI guide raised to $60B.
Apollo, Blackstone Pitch $36B Debt to Power Anthropic TPUs
Apollo and Blackstone are arranging a record $36B debt deal to fund Anthropic’s Google TPU buildout — a watershed for AI-infra private credit.
Snowflake Surges 35% on Q1 Beat, Lifts FY27 to $5.84B
Snowflake Q1 product revenue grew 34% to $1.334B and RPO hit $9.21B as the data cloud raised FY27 guide to $5.84B, sending SNOW up roughly 35%.
OpenAI Files Confidential S-1; ~$1T IPO Eyed for Q4
OpenAI confidentially filed its S-1 around May 22, with Goldman Sachs and Morgan Stanley leading a Q4 IPO targeting up to a $1 trillion cap.
Micron Joins the $1 Trillion Club on AI Memory Surge
Micron (MU) jumped 19.3% to $895.88 on May 26, 2026, lifting its market cap above $1 trillion as AI HBM demand reshapes the memory cycle.
Pipeline Stocks Are Quietly Beating the S&P 5x in 2026
Midstream operators like WMB, OKE and KMI are up 20-30% YTD vs the S&P 500’s 4.7%. AI data-center power demand and the LNG export buildout are doing the work.
Wix to Cut 1,000 Jobs as Base44 AI Bet Hits Margins
Wix is cutting ~20% of staff after a $57.5M Q1 loss, with the Base44 AI bet reshaping costs and the stock pinned at 52-week lows.
Salesforce Q1 FY27 Preview: Agentforce Meets a -33% Stock
Salesforce reports Q1 FY27 on May 27, 2026. Revenue guide is $11.03-$11.08B; non-GAAP EPS guide is $3.11-$3.13. The number that matters: Agentforce ARR.