New York City just locked hundreds of thousands of students out of AI tools for a full school year, setting up a direct collision with a White House warning that communities resisting the technology will pay an economic price.
Meta's fourth model in five months now sits third on the industry's most watched intelligence benchmark, with only two Claude models ahead of it.
Meta has released Muse Spark 1.3, their fourth Muse Spark model release in five months. Muse Spark 1.3 (max), which is in limited preview for Meta’s partners, scores 62 on the Artificial Analysis Intelligence Index, behind only Claude Fable 5.1 and Claude Opus 5. The variant
AI demand is now the whole story here: management guides to $21.7 billion in AI semiconductor revenue in the fourth quarter alone, up 236% year over year. Ignoring it means missing a nine quarter EPS streak still intact.
Free cash flow turned positive at $2.1 million against negative $34.3 million a year ago, the first hard proof the turnaround is more than talk. Bookings jumped 73% sequentially and both lines beat expectations, with full-year guidance set at $210 million to $240 million.
The 4% selloff into this report just got answered: management raised full-year product revenue guidance to $6.07 billion from $5.84 billion, with AI consumption driving a third straight quarter of accelerating growth. Non-GAAP operating margin widened to 15.3% from 11% a year ago.
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The AI infrastructure build-out is now showing up in profits: non-GAAP operating margin nearly doubled to 16.2% from 8.5% a year ago. Management raised full-year FY26 EPS guidance to $3.75 to $3.85 and set FY27 free cash flow at a minimum of $5 billion.
AI infrastructure demand is landing on the bottom line: non-GAAP operating margin expanded to 31.9% from 25.7%. Management raised full-year guidance to as much as $8.23 billion in revenue and $10.03 in non-GAAP EPS.
Medicare said the word covered and he stopped worrying about six months of back pain bills. That was the moment the real cost calculation began.
Goldman Sachs wants the Fed to hike again while Citi calls for three cuts starting in October, and the gap between those two forecasts could quietly drain hundreds of dollars a year from your savings account.
All three major indexes finished green, with the Dow's 324 point gain outpacing tech for the session. Friday's jobs report is the next test of the rate path.
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Cramer is calling the selloff in the two largest pure-play cybersecurity names mechanical profit-taking rather than a break in the growth story, a read worth testing against Barclays' warning that the group has run out of room.
Crowdstrike and Palo Alto will come back.... huge wave of profit-taking
Cramer is calling his own intraday Dell target hit with minutes left in the session, a victory lap that tends to draw retail buyers into the close.
DELL closing in on my morning target..... @SquawkStreet
