dashu83/iStock via Getty Images Introduction & Investment Thesis Microsoft ( MSFT ) continues to be the worst-performing hyperscaler in 2026 so far, despite its 20% rally since March lows as investor sentiment in software improved. In the latest earnings quarter, Microsoft delivered better-than-expected results , as Azure accelerated slightly in contrast to management’s earlier guidance of a slowd...
dashu83/iStock via Getty Images Introduction & Investment Thesis Microsoft ( MSFT ) continues to be the worst-performing hyperscaler in 2026 so far, despite its 20% rally since March lows as investor sentiment in software improved. In the latest earnings quarter, Microsoft delivered better-than-expected results , as Azure accelerated slightly in contrast to management’s earlier guidance of a slowdown, while AI revenue surged 123% YoY and margins seem stronger than previously anticipated. The company also held its Build 2026 conference this week, where the product announcements pointed to Microsoft taking over control of its entire AI stack, with the launch of new models and custom silicon in a similar way to Google (NASDAQ: GOOG ) and Amazon (NASDAQ: AMZN ), which is encouraging. However, from a technical perspective, Microsoft’s rally failed at a key overhead resistance, and in this post, I will discuss two possible scenarios of what might happen next. Microsoft Stock Recovers Amid SaaS Rebound, While AI Arms Race Intensifies Microsoft stock recovered quite strongly, up 20% since its March lows, along with the rebound in SaaS on the back of much better-than-expected earnings results for several software companies, which helped ease investor fears on Agentic AI disruption risks. Note that Microsoft is the second largest holding in the Software ETF IGV ( IGV ); therefore, the recovery of the stock also helped the sector ETF extend its gains through all of April and May. In the past quarter, all four hyperscalers revised their capex projections higher, but unlike the previous quarter, investors did not punish the stocks on potential ROI concerns as they all demonstrated durable, compounding cloud demand along with superior margins, at least on the AI business. In the case of Microsoft, the company performed better than expected, with Azure accelerating slightly over the previous quarter at 40% and beating management guidance for a sequential slowdown, with growth rate...
Robert Way/iStock Editorial via Getty Images Foxconn's ( FXCOF ) May revenue surged 39.57% year-over-year, and the company expects second quarter performance to be above previously anticipated growth amid demand for AI racks. Q2 2026 Outlook The Apple ( AAPL ) and Nvidia ( NVDA ) supplier — which is formally known as Hon Hai Precision ( HNHAF ) ( HNHPF ) — said the second quarter is a traditional ...
Robert Way/iStock Editorial via Getty Images Foxconn's ( FXCOF ) May revenue surged 39.57% year-over-year, and the company expects second quarter performance to be above previously anticipated growth amid demand for AI racks. Q2 2026 Outlook The Apple ( AAPL ) and Nvidia ( NVDA ) supplier — which is formally known as Hon Hai Precision ( HNHAF ) ( HNHPF ) — said the second quarter is a traditional off-season for the information and communications technology, or ICT, industry, with major products entering a transition period between old and new models. "However, AI racks are expected to maintain a continued growth trend. Based on current visibility, 2Q performance is tracking well above the previously anticipated significant growth, though it remains necessary to monitor the impact of the volatile global political and economic situation," said the Taiwanese company in a press release on Friday. May 2026 Revenue Foxconn said revenue in May soared 39.57% year-over-year to NT$859.4B and climbed 3.28% month-over-month, marking the highest revenue for the same period in history. The second-highest was May 2025 revenue of NT$615.7B. The company noted that in U.S. dollars, revenue was up 4.2% month-over-month and increased about 38.5% year-over-year. Year-Over-Year Foxconn said Cloud and Networking Products revenue showed strong growth year-over-year due to strong pull-in momentum for AI products. The company noted that the Components and Other Products, Computing Products, and Smart Consumer Electronics segments also showed significant growth. Month-Over-Month The company said Cloud and Networking Products was flattish month-over-month due tocustomer schedules, but AI demand remained strong. Smart Consumer Electronics showed strong growth, but Computing Products and Components and Other Products segments slightly declined month-over-month. Accumulated revenue The accumulated revenue for the first five months of 2026 reached NT$3.82T, up 31.79% year-over-year, marking the hi...
watch now VIDEO 5:16 05:16 OpenAI's Osborne: Will comply with Trump's AI executive order Squawk Box Europe OpenAI has confirmed it will comply with Donald Trump's executive order that asks AI companies to allow the federal government to assess their models' capabilities before they are released. George Osborne, the company's head of countries, told CNBC's Arjun Kharpal that the startup would sign ...
watch now VIDEO 5:16 05:16 OpenAI's Osborne: Will comply with Trump's AI executive order Squawk Box Europe OpenAI has confirmed it will comply with Donald Trump's executive order that asks AI companies to allow the federal government to assess their models' capabilities before they are released. George Osborne, the company's head of countries, told CNBC's Arjun Kharpal that the startup would sign up to the voluntary order. "It's quite right that democratic governments have a big role to play in how this technology is used and deployed," he said. Speaking on the sidelines of SXSW in London, Osborne said the company takes its responsibilities "very seriously", adding: "As this leading frontier lab with these very, very powerful and capable AI models, and we don't wait to be asked. "We proactively suggested ways that governments can keep a track on safety and security issues, not just in the U.S., but more broadly." The order , which Trump signed on Tuesday, asks for access to AI models 30 days before their release. It requests companies take part in a benchmarking process to assess the "advanced cyber capabilities of AI models and determine the threshold at which an AI model should be designated a 'covered frontier model'". Osborne, who was the U.K.'s foreign minister from 2010 to 2016, said that "governments are going to have to be smart" over how they regulate the space. He added: "What we suggest to governments is they create powerful regulatory bodies, but with a lot of flexibility into how they will operate in the future." Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
虽然今年 WWDC 还有几天正式开幕，但苹果已经把今年的主角剧透得明明白白。 打开 WWDC26 的官网，标语是「All systems glow」——把 NASA 倒计时那句经典的「all systems go」改了一个字，从「准备就绪」变成「全场发光」。配套壁纸是一整块深色背景、中间一个发光的苹果 logo，连预热歌单都叫「Glow all out」。这一整套视觉，指向的是同一样东西：那个传闻...
Declan Rice, Gabriel, David Raya, Bruno Fernandes, Erling Haaland and Rayan Cherki are nominated for the Professional Footballers' Association men's player of the year award.
Declan Rice, Gabriel, David Raya, Bruno Fernandes, Erling Haaland and Rayan Cherki are nominated for the Professional Footballers' Association men's player of the year award.
In many countries, dating seems to be on the decline, with many young people either dating less, or finding it harder to have meaningful relationships. In 2024, one in five of South Korea's 52 million citizens were living alone. In the third episode of our series, reporter Haeyrun Kang is in Seoul on a journey to find out what’s stopping people from coupling up. Continue reading...
In many countries, dating seems to be on the decline, with many young people either dating less, or finding it harder to have meaningful relationships. In 2024, one in five of South Korea's 52 million citizens were living alone. In the third episode of our series, reporter Haeyrun Kang is in Seoul on a journey to find out what’s stopping people from coupling up. Continue reading...
据报道，SK海力士已向主要合作企业分享了其在2030年至2031年间将DRAM晶圆产能扩大至目前两倍水平的中长期扩产计划。值得注意的是，这一计划的筹备时间早于英伟达CEO黄仁勋在COMPUTEX展会现场写下“请多生产（Please make more）”的举动。报道称，约两个月前，SK海力士的采购部门及龙仁半导体集群负责人已开始向核心供应商通报这项基于晶圆投入量的产能扩张规划。该计划的核心目标是：...
据报道，SK海力士已向主要合作企业分享了其在2030年至2031年间将DRAM晶圆产能扩大至目前两倍水平的中长期扩产计划。值得注意的是，这一计划的筹备时间早于英伟达CEO黄仁勋在COMPUTEX展会现场写下“请多生产（Please make more）”的举动。报道称，约两个月前，SK海力士的采购部门及龙仁半导体集群负责人已开始向核心供应商通报这项基于晶圆投入量的产能扩张规划。该计划的核心目标是：将目前每月约55万张的DRAM月产能，提升至2030年的100万张左右。（新浪财经）
Richard Drury Argan ( AGX ) shares surged ~13% in premarket trading on Friday after the engineering and construction company surpassed quarterly earnings estimates and said it expects to secure additional projects over the next 10 to 18 months. The company's profitability drivers were attributed primarily to project execution and completions: “The increase in gross profit and improvement in gross ...
Richard Drury Argan ( AGX ) shares surged ~13% in premarket trading on Friday after the engineering and construction company surpassed quarterly earnings estimates and said it expects to secure additional projects over the next 10 to 18 months. The company's profitability drivers were attributed primarily to project execution and completions: “The increase in gross profit and improvement in gross margin for the recently ended quarter was primarily driven by our Power segment, reflecting a shift in project and contract mix, strong project execution, the achievement of substantial completion ahead of schedule on the final Midwest solar and battery project, and completion of the Trumbull Energy Center,” CFO Josh Baugher said. Argan's ( AGX ) backlog moved modestly lower from “more than $2.9 billion” at January 31, 2026 to “$2.8 billion” at April 30, 2026, with management reiterating that “backlog can move around from quarter-to-quarter as projects are completed." The company reiterated expectations to add “a handful of new projects” over the next “10 to 18 months,” but stressed that forecasting backlog, margins, and capacity growth remains constrained by project-development milestones and the time required to hire and train teams. The stock has gained about 120% year to date and carries a Hold rating from Seeking Alpha’s Quant system. More on Argan Argan, Inc. 2027 Q1 - Results - Earnings Call Presentation Argan, Inc. (AGX) Q1 2027 Earnings Call Transcript Argan: The Market Is Paying For 2028 Argan anticipates adding new projects over the next 10 to 18 months while buyback authorization rises to $200M Argan GAAP EPS of $3.24 beats by $1.02, revenue of $290.9M beats by $34.87M
The league has been a launchpad for players such as Noah Caluori while showcasing the best English rugby has to offer The final round of the regular Prem season is nigh, with the playoffs yet to come. Here is the Guardian’s 2025-26 team of the season with players needing to have appeared in at least nine league fixtures to get the nod. Continue reading...
The league has been a launchpad for players such as Noah Caluori while showcasing the best English rugby has to offer The final round of the regular Prem season is nigh, with the playoffs yet to come. Here is the Guardian’s 2025-26 team of the season with players needing to have appeared in at least nine league fixtures to get the nod. Continue reading...