Briefing

Snowflake’s third quarter of fiscal 2026 lands with that familiar mix of strength and tension the stock has become known for. The company posted $1.21 billion in revenue, up 29% year over year, with product revenue at $1.16 billion — also up 29% — confirming that consumption trends remain resilient. Net revenue retention held at an elite 125%. Big customers kept scaling: 688 … [Read more...] about Snowflake Q3 FY26: Solid AI Momentum, Healthier Margins — And A Market Struggling To Reprice The Story

Something about the pattern is too sharp, too sudden to pin on economics alone. Container ships don’t abandon a century-old chokepoint overnight because demand is a little soft or factories are running a bit slower. The Suez decline followed a different rhythm — one that matches missile trajectories over the Red Sea far more than macroeconomic curves on a spreadsheet. By late … [Read more...] about Why the Suez Canal Emptied: Security Shock First, Economy Second

Watching Broadcom sink today feels less like a sudden shock and more like a moment where the market finally exhales after months of leaning hard into the AI-chip euphoria trade. The stock hasn’t tanked because anything is fundamentally broken at the company — in fact, the long-term thesis still rests on solid ground: hyperscaler demand, custom silicon tied to AI datacenters, … [Read more...] about Broadcom’s Slide and the Shift in Market Expectations

It feels almost inevitable that a model built on locking creativity behind recurring fees would eventually collide with a wave of tools that cost less, update faster, and feel more collaborative, intuitive, and — honestly — fun. Adobe thrived in the era where creative workflows were heavy, specialized, and software had steep learning curves. People accepted paying for Photoshop … [Read more...] about Adobe and the fragility of a legacy-subscription empire

AMD slipped ahead of Nvidia’s earnings, and that nervous positioning made sense: when one company effectively defines the AI hardware economy, the entire sector trades around its results. But now that Nvidia has delivered a strong report — confirming surging AI demand, continued hyperscaler spending, and a forward outlook that still points upward — the tone may start to shift. … [Read more...] about AMD’s Pullback Looks More Like a Pause — And Nvidia’s Beat May Be the Turning Point