Zscaler reported fiscal Q4 revenue of $898 million, beating estimates by $21 million, as AI-driven cyber threats fueled demand for its Zero Trust platform. The company issued above-consensus guidance for the full fiscal year.
The Alliance for Automotive Innovation is urging Congress to permanently ban Chinese connected vehicles, hardware, and software before the current legislative session ends on January 3, warning that Chinese automakers are "dumping subsidized vehicles" in global markets.
Microsoft's Xbox unit will cap cloud gaming for Game Pass subscribers at 15 hours per month for Ultimate tier members starting in November, ending years of unlimited access as the company moves to align service costs with usage-based billing.
Tesla hosted an invitation-only Cybercab event in Austin on Thursday after teasing fans with posts about its driverless two-seater, as the company works to narrow Waymo's commanding lead in the U.S. robotaxi market.
Broadcom reported fiscal third-quarter revenue of $29.59 billion and beat earnings estimates, while CEO Hock Tan projected AI revenue will reach $115 billion in fiscal 2027 and $230 billion in fiscal 2028, driven by expanding custom chip programs with OpenAI, Anthropic, Google, and Meta.
Berkshire Hathaway added $17 billion in Alphabet shares during the second quarter, making the Google parent its third-largest equity holding, as CEO Greg Abel also warned of growing community resistance to data center construction across the U.S.
Meta's $18 billion social media lawsuit settlement has lifted a legal overhang that Morgan Stanley analysts say could accelerate a wave of AI product launches, even as Needham warns of mounting cost pressures and strategic overextension.
Microsoft's Xbox unit will cap cloud gaming for Game Pass subscribers at 15 hours per month for Ultimate tier members starting in November, ending years of unlimited access as the company moves to align service costs with usage-based billing.
Berkshire Hathaway added $17 billion in Alphabet shares during the second quarter, making the Google parent its third-largest equity holding, as CEO Greg Abel also warned of growing community resistance to data center construction across the U.S.
John Ternus officially became Apple's CEO on Tuesday, succeeding Tim Cook after 15 years, as the company grapples with a global memory shortage driving up device prices and a lagging position in artificial intelligence.
Tesla hosted an invitation-only Cybercab event in Austin on Thursday after teasing fans with posts about its driverless two-seater, as the company works to narrow Waymo's commanding lead in the U.S. robotaxi market.
Broadcom reported fiscal third-quarter revenue of $29.59 billion and beat earnings estimates, while CEO Hock Tan projected AI revenue will reach $115 billion in fiscal 2027 and $230 billion in fiscal 2028, driven by expanding custom chip programs with OpenAI, Anthropic, Google, and Meta.
Meta's $18 billion social media lawsuit settlement has lifted a legal overhang that Morgan Stanley analysts say could accelerate a wave of AI product launches, even as Needham warns of mounting cost pressures and strategic overextension.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.