WS #13891
SMCI, CRWV, and LITE all reported strong AI-driven results, with SMCI guiding FY27 revenue well above consensus, reinforcing the AI capex cycle. Appeals court rejects Meta's immunity claim, allowing the $1.4T social media addiction lawsuit to proceed to trial starting August 19.
AI infrastructure earnings beat
SMCI, CRWV, and LITE all reported strong AI-driven results, with SMCI guiding FY27 revenue well above consensus, reinforcing the AI capex cycle.
Appeals court rejects Meta's immunity claim, allowing the $1.4T social media addiction lawsuit to proceed to trial starting August 19.