Signal & Scale

Microsoft has finally put a dollar figure on Azure.For the quarter ended June 30, 2026, Microsoft’s newly restated Azure revenue was $29.4 billion. AWS reported $42.2 billion for the same three-month period, while Google Cloud came in at $24.8 billion.That gives us a much cleaner ranking than before. AWS is still the largest by reported quarterly revenue. Azure is second. Google Cloud is third.B..

더보기Nvidia expects about 70% revenue growth in fiscal 2028, yet it still describes supply as constrained. Here is how memory availability and rising memory costs can limit shipments and pressure margins at the same time. Nvidia expects revenue to grow roughly 70% in fiscal 2028, the fiscal year ending in January 2028. Yet the company still describes the outlook as supply-constrained, with memory ..

Meta has raised its 2026 capital expenditure guidance to $130B–145B while expanding its Louisiana AI campus to 5GW and backing multi-gigawatt energy agreements spanning natural gas, grid batteries, and nuclear power. While access to advanced GPUs remains vital, the physical lead time required to secure energized, high-voltage electricity has emerged as a primary binding constraint on AI scaling...

더보기Eli Lilly’s oral GLP-1 Foundayo enters the market at a fraction of Mounjaro’s price. Discover whether this pill expands the obesity market or risks cannibalizing premium injections. Eli Lilly’s newly approved oral GLP-1, Foundayo (orforglipron), enters the obesity market with a substantial pricing discount—costing roughly £100 to £120 a month in the UK compared to approximately £330 for ..

더보기Google did not hand Marvell $12.2B in cash, and Marvell has $0 in guaranteed revenue. Here is what the SEC Form 8-K warrant deal actually proves.Financial headlines went wild over Google’s "$120 billion AI chip deal" and "$12.2 billion Marvell stake." In reality, Google paid $0 in cash upfront, and Marvell was handed $0 in guaranteed orders. The filing reveals a performance-vested customer wa..

더보기Walmart beat Q2 FY27 earnings and raised its full-year outlook, yet WMT fell more than 9%. The reason was simple: investors cared more about weaker U.S. sales momentum and soft Q3 guidance than the quarter Walmart had already finished. Walmart beat earnings. Revenue beat expectations. Full-year guidance went up.Then the stock fell more than 9%.The market was not punishing Walmart for Q2. It w..

더보기Moderna surged 177% following positive Phase 3 cancer vaccine data with Merck. Here is what the topline trial results prove, what remains unverified, and why Wall Street repriced the mRNA oncology platform.Moderna’s 177% single-day surge was not driven merely by the commercial potential of a single melanoma therapy, but by the first late-stage clinical validation of its individualized mRNA on..