Microsoft crushes Q1 earnings with $77.67 billion revenue and 40% Azure growth, but stock tumbles 4% as company forecasts accelerated capital spending and absorbs a massive $3.1 billion OpenAI investment hit despite maintaining its $135 billion stake in the AI giant.
Meta shares crash 9% despite crushing earnings expectations as the tech giant absorbs a massive $15.9 billion tax hit from Trump's new tax legislation while simultaneously ramping up AI spending with capital expenditures jumping to $70-72 billion for 2025.
Alphabet shares surge 5% as Q3 revenue soars to $102.4 billion, crushing Wall Street's $99.85 billion expectations, driven by Google Cloud's explosive 34% growth to $15.2 billion from AI demand and major partnerships with OpenAI and Meta.
Nvidia becomes the first company in history to reach a $5 trillion market valuation, surging 3% as unprecedented AI chip demand and potential US-China trade discussions fuel investor optimism about the company's dominance in the artificial intelligence revolution.
PayPal breaks new ground as the first digital wallet to integrate with ChatGPT's Instant Checkout feature launching in 2026, allowing users to access their complete payment methods and shipping information directly through the AI interface, expanding OpenAI's e-commerce reach beyond current partnerships with major retailers like Etsy, Shopify, and Walmart.
Employees exploit AI tools like GPT-4o to create sophisticated fake expense receipts, driving business fraud up 14% in three months as companies scramble to deploy detection systems against forgeries so realistic that human reviewers cannot identify them.
AI startup Mercor rockets to $10 billion valuation after raising $350 million, pivoting from hiring assessments to training AI models with 30,000 contractors earning $1.5 million daily while benefiting from clients fleeing competitor Scale AI following Meta's controversial acquisition.
Companies face shocking AI cost explosions as bills skyrocket from hundreds to tens of thousands of dollars within weeks due to unmonitored usage-based billing, prompting urgent adoption of specialized FinOps platforms and governance tools to track token usage, GPU hours, and API calls before budgets spiral out of control.
MIT-IBM Watson AI Lab marks eight years of groundbreaking collaboration by developing smaller, more efficient AI models that outperform larger systems, generating 54 patents and over 128,000 citations while training 70+ researchers and creating real-world applications across healthcare, finance, and cybersecurity industries.
White House officials threaten Silicon Valley donors backing a new $100 million bipartisan AI super PAC for 2026 elections, calling the effort a 'slap in the face' and warning tech leaders including Marc Andreessen and OpenAI's Greg Brockman to avoid 'getting on the wrong side of Trump world.'