Microsoft commits $25B to Australian AI investment
The Albanese government has formalised a memorandum of understanding with Microsoft (NASDAQ:MSFT), underpinning a $25 billion investment.
The Albanese government has formalised a memorandum of understanding with Microsoft (NASDAQ:MSFT), underpinning a $25 billion investment.
Intel (NASDAQ:INTC) today posted first-quarter revenue that climbed 7% year-over-year, signaling a steadying of its core processor business even as the heavy costs of its foundry transition continue to weigh on GAAP profitability.
Meta Platforms (NASDAQ:META) is cutting approximately 10% of its workforce as CEO Mark Zuckerberg pivots the social media giant toward a high-stakes artificial intelligence race, prioritizing massive infrastructure spending over headcount.
Cass Information Systems (NASDAQ:CASS), a leading provider of integrated information and payment management solutions, delivered robust first-quarter results for 2026, highlighted by double-digit earnings growth and significantly improved lending spreads.
Gentherm (NASDAQ:THRM), a global leader in thermal management technologies, delivered a record-breaking start to 2026, driven by a double-digit surge in its automotive climate and comfort business.
The Gorman-Rupp Company (NYSE:GRC), a global leader in the design and manufacture of pumps and fluid control systems, reported record-breaking financial results for the first quarter ended March 31, 2026.
Roper Technologies (NASDAQ:ROP), a leading diversified technology company, revealed a strong start to 2026, characterized by high-margin software growth and significant earnings expansion.
Visteon (NASDAQ:VC) today announced a robust start to 2026 on the top line, as the automotive technology supplier continues to outpace global vehicle production through high-profile product launches.
Iridium Communications (NASDAQ:IRDM), a global leader in satellite voice and data services, delivered steady growth for the first quarter of 2026, supported by an expanding subscriber base in the Internet of Things (IoT) and maritime sectors.
Mobileye Global (NASDAQ:MBLY), the Jerusalem-based leader in autonomous driving technologies, delivered strong top-line growth for the first quarter of 2026, driven by accelerating demand for its advanced driver-assistance systems (ADAS).
Dover (NYSE:DOV) delivered a strong start to the 2026 fiscal year, characterized by broad-based demand and double-digit adjusted earnings growth.
Bain Capital (NYSE:BCSF) is exploring a significant divestment in its portfolio company, Bridge Data Centres (BDC), seeking to sell a stake of at least 40% in a deal that could value the Singapore-based infrastructure builder at $5 billion.
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