Oracle and Adobe deliver strong earnings but face market skepticism, while Apple pushes into AI-integrated hardware and Nvidia maintains a bullish long-term outlook for the AI semiconductor industry.
Apple unveiled the highly anticipated iPhone Duo and a suite of AI features, countering criticism about slow AI adoption.
Nvidia CEO Jensen Huang reiterated a $3-4 trillion AI market forecast by 2030, reinforcing long-term growth expectations.
Oracle beat Q1 FY27 earnings with 30% revenue growth and 121% cloud infrastructure growth, but the stock wavered after an initial pop.
Adobe reported record Q3 results and raised guidance, yet the stock sold off after-hours, indicating market disappointment.
SAP CEO promoted a new AI platform as a breakthrough to counter lagging AI perception, though earlier guidance cut tempers enthusiasm.
AT&T CEO downplayed Starlink's competitive threat, noting its limitations in building penetration, which is mildly defensive.
T-Mobile was mentioned alongside AT&T and Verizon in the context of Starlink competition, with no direct sentiment from its own commentary.
Verizon was cited alongside other wireless operators regarding Starlink, but no specific news drives a directional view.
Oracle shares wavered despite a 30% revenue beat and 121% cloud infrastructure growth, while Adobe sold off after-hours despite record Q3 results. Meanwhile, Apple unveiled the iPhone Duo with integrated AI features, and Nvidia CEO Jensen Huang reaffirmed a $3-4 trillion AI market forecast by 2030, highlighting the sector's long-term expansion.
Despite beating revenue and earnings expectations with 30% growth, the stock experienced profit-taking after an initial post-report pop.
AT&T CEO John Stankey downplayed the threat, noting that Starlink lacks the building penetration capabilities required to compete with traditional terrestrial wireless networks.