This video is brought to you by Vulture. More on them later. We now have a humanoid robot built for home use available for pre-sale right now.This is 1X's robot, Neo, and it is really the first mass market pre-orderable humanoid robot that we've seen. And their launch video went absolutely viral. Almost 30 million views in less than 24 hours.And yes, I already pre-ordered it. It's going to be available in early 2026. That is right around the corner.Neo is offered at a $20,000 purchase price or $4.99% a mont ...

So, the Dow was earlier made of muscle. The S&P and Nasdaq, well, they've been atrophying most of the session here. The S&P hasn't even been in the positive today.Right now, it's down at 48 points. The Nasdaq is lower by 30. Low of the session, 329 points of losses.And two magnificent moguls are really more like preh Halloween monsters right now. Meta is getting kneecapped at the moment. Let's look at Meta.is down right now 11 and a half%. Investors do not care that the Facebook parent posted a double beat ...

Core Insights - Microsoft reported first-quarter fiscal 2026 earnings of $4.13 per share, exceeding the Zacks Consensus Estimate by 13.15% and reflecting a year-over-year increase of 25.2% [1] - Revenues reached $77.6 billion, an 18.4% year-over-year growth, surpassing the Zacks Consensus Estimate by 3.62% [1] - Strong demand for cloud and AI offerings was highlighted, with revenues growing 17% year-over-year at constant currency [1] Financial Performance - Commercial bookings surged by 112%, significantly driven by Azure commitments from OpenAI and growth in high-value contracts for Azure and M365 [2] - Commercial remaining performance obligation rose to $392 billion, a 51% increase year-over-year, nearly doubling over the past two years [3] - Microsoft Cloud revenues were $49.1 billion, growing 26% year-over-year, with a gross margin percentage of 68% [3] Segment Performance - The Productivity & Business Processes segment contributed 42.5% to total revenues, with a 17% year-over-year increase to $33.02 billion [5] - M365 commercial cloud revenues increased by 17%, driven by ARPU and seat growth, with paid M365 commercial seats growing 6% year-over-year [6] - The Intelligent Cloud segment reported revenues of $30.89 billion, growing 28% year-over-year, primarily driven by Azure [11] Capital Expenditure and Guidance - Total capital expenditures for the fiscal first quarter were $34.9 billion, with a focus on short-lived assets like GPUs and CPUs [24] - Microsoft expects total company revenues for the second quarter of fiscal 2026 to be between $79.5 billion and $80.6 billion, representing growth of 14% to 16% [28] - The company anticipates Azure and other cloud services revenue growth of approximately 37% in constant currency for the second quarter [32] Strategic Developments - Microsoft secured exclusive rights for Azure with OpenAI until AGI achievement or through 2030, with an incremental $250 billion in Azure services contracted [27] - The Azure AI Foundry now serves 80,000 customers, including 80% of the Fortune 500, showcasing significant adoption of AI capabilities [19] - Microsoft plans to increase total AI capacity by more than 80% this year and double its data center footprint over the next two years [18]

Financial Data and Key Metrics Changes - The company reported third quarter 2025 earnings of $0.83 per share, which is one cent higher than the adjusted earnings for the same period in 2024 [3][12] - The earnings guidance for 2025 remains reaffirmed at a range of $5.17 to $5.27 per share, assuming normal weather conditions for the remainder of the year [3][15] - The utility operations contributed $0.12 more to earnings compared to third quarter 2024 adjusted earnings, with weather positively impacting earnings by about $0.01 [12] Business Line Data and Key Metrics Changes - Weather-normal retail electric deliveries increased by 1.8% compared to the third quarter of 2024, driven by a 2.9% growth in the large commercial and industrial segment [13] - Earnings from the American Transmission Company segment contributed an incremental $0.02 to Q3 earnings versus 2024 [14] - Earnings from corporate and other segments decreased by $0.11, primarily due to tax timing and higher interest expenses [14] Market Data and Key Metrics Changes - Wisconsin's unemployment rate stands at 3.1%, which is below the national average, supporting economic growth in the region [6] - The company expects electric demand to grow by 3.4 GW between 2026 and 2030, an increase of 1.6 GW compared to the prior plan [4][6] Company Strategy and Development Direction - The company plans to invest $36.5 billion in capital projects between 2026 and 2030, which is an increase of $8.5 billion from the previous five-year plan, representing over a 30% increase [6][8] - The updated capital plan anticipates an average asset base growth rate of just over 11% per year, supporting long-term projected earnings per share growth of 7% to 8% annually from 2026 to 2030 [6][17] - The company is focusing on an all-of-the-above approach for generation, investing in natural gas, batteries, and renewables to support economic growth and reliability [7][8] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's future and investment opportunities, citing strong economic development and load growth in Wisconsin as the foundation for the new five-year plan [17][18] - The management team highlighted that the growth from large customers is fostering small commercial and residential development throughout the service territory [5][6] Other Important Information - The company plans to file a rate case in Wisconsin for its biannual process, looking at inflation-type increases, but ensuring that costs from hyperscalers do not affect other customers [70] - The Very Large Customer tariff is designed to ensure that large customers pay their fair share without subsidizing other customers [10][52] Q&A Session Summary Question: On the updated growth outlook and back-end loading - Management explained that the compound annual growth rate (CAGR) will ramp up post-2027, with expectations of 7% to 8% growth in the outer years [20][21] Question: Timing around Point Beach conversations with NextEra - Conversations are ongoing, but may be shifting further out, with no capital included in the current plan for potential capacity replacement [23] Question: Microsoft expansion and its impact on the plan - Management confirmed that the growth in Southeastern Wisconsin is largely driven by data center projects, including Microsoft and Vantage Data Centers [27][28] Question: Clarification on capital plan increase - The increase in capital plan is primarily due to investments in regulated electric generation, transmission, and distribution [7][9] Question: Impact of Illinois legislation on growth - Management indicated that the Illinois legislation is being monitored, but does not expect it to have a significant effect on the company [32] Question: Future growth opportunities beyond the current plan - Management sees potential for additional growth both within the current five-year plan and beyond, depending on customer development [73]

Joining us now with more, Michael Nathansson, founding partner, senior research analyst at Moffett Nathansson. Michael, thank you very much for joining us. You have argued, I believe, on this very program and in your research, that Alphabet should be the most valuable company in the world.Why. >> Thanks for having me. It's an AI winner, right.I think what people are starting to wake up to is that their infrastructure advantage lets them invest in AI more efficiently than almost any other company. Right, Bri ...

🚨 NEW: OpenAI Eyes Massive $1T IPO as Early as 2026@JamieCrawleyCD reports.https://t.co/ZwZJeRyuSh ...

From the Desk of Anthony Pompliano0:00 Markets Just Got the Green Light to go Much Higher7:19 OpenAI to IPO at $1 Trillion Valuation10:51 Alex Karp: AI = American IntelligenceEnjoy! https://t.co/moaWUCFIRh ...

Cameo, a personalized celebrity video marketplace, is the latest company to sue OpenAI. Cameo accusing the Chat GPT maker of launching a similar Sora 2 feature, also named Cameo, saying the offering infringes on its trademark. We've reached out to OpenAI and it said it had no comment.But the Verge says a company spokesman told them, quote, "We disagree with these claims and that no one can claim exclusive ownership over the word Cameo." Joining us now to discuss is Cameo CEO Steven Galanis. Stephen, I guess ...

OpenAI is rumored to IPO at a $1 trillion valuation.There is a lot of work to do to get there, but I wouldn't bet against Sam Altman and team. https://t.co/ZJoGsZLqBo ...

This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. Dive Brief: Set against the backdrop of an Azure outage, Microsoft reported sizable growth in its cloud revenue and adoption of its AI offerings as it kicked off fiscal year 2026 reporting, according to a Wednesday earnings call for the quarter ending Sept. 30.  CEO Satya Nadella said there’s about 900 million monthly active AI users across Microsoft’s product portfolio. ...