Gamehaus Holdings Inc. announced a 20.8% revenue decline to $24.3 million in Q4 2026, driven by reduced user acquisition spending and marketing adjustments. Despite lower revenue, net income fell 38.2% to $0.9 million, while operating costs decreased by 14.4%. For the full fiscal year 2026, revenue dropped 11.4% to $104.7 million, but net income slightly increased to $3.9 million. The company plans to shift strategic focus toward AI-generated content starting in fiscal year 2027, reallocating resources from legacy games to new technology-driven initiatives, supported by a strong balance sheet and an extended share repurchase program.
Oracle's stock has dropped significantly, trading at $158.78 against a Wall Street consensus target of $242.05, due to massive capital expenditures and negative free cash flow. Despite this, analysts remain bullish, citing Oracle's rapid cloud infras...
Qualcomm is pursuing an aggressive product strategy including Connectivity, AI Accelerators, Custom ASICs, and Arm-Based Server CPUs to gain market share through fiscal year 2029. Strategic acquisitions like Nuvia, Alphawave, and Modular, along with ...
Bloom Energy Corporation reported a record Q2 2026 with over $1 billion in revenue, marking 165.5% year-over-year growth and a 34.3% non-GAAP gross margin. The company benefits from rising AI-driven data center power needs, offering fast, scalable, a...
Cypherpunk Holdings clarified it has no connection to an unauthorized ZEC token on Robinhood's blockchain, emphasizing it only holds the native Zcash coin and its Nasdaq-listed CYPH stock. This statement comes amid a 250% surge in CYPH stock and a ra...
NVIDIA reported record-breaking Q2 results driven by strong AI demand and data center growth, reinforcing its status as a long-term buy. Management forecasts 70% revenue growth next fiscal year, supported by expanding AI infrastructure and new produc...
