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AMD's Q2 2026 earnings reveal a booming data center business, with revenue soaring to $6.7 billion, more than doubling year-over-year due to intense AI demand. While overall company revenue hit a record $11.5 billion, the gaming segment faced a 31 percent decline, impacted by increased component costs and higher graphics card prices.
SpaceX reported a $541 million net loss in its first quarterly earnings since its record-setting June IPO, continuing a trend of deficits for Elon Musk's ambitious aerospace firm. Despite the loss, its stock saw a brief pre-announcement surge after weeks of decline, highlighting the company's capital-intensive path to space economy dominance.
Microsoft's total headcount dropped for the first time in a decade, fueled by a second consecutive decline in R&D roles, despite record revenue growth. This strategic shift reflects the company's adaptation to the AI era, including significant investments in AI infrastructure and a reallocation of engineering talent to customer-facing roles.
