AI earnings and capital flows
AI-linked names beat expectations (AppLovin, Coherent, Arm, Qualcomm) and financing is heavy, including a $25B Microsoft bond and a $40B SpaceX AI chip deal being syndicated.
What we know
AppLovin rose about 15% on a big guidance beat. Coherent guides FY27 growth above 60%, Arm sees 20% royalty growth through fiscal 2031, and Qualcomm began shipping custom AI accelerators. Goldman and Apollo are marketing parts of SpaceX's ~$40B AI chip financing, and Microsoft raised $25B in bonds. Gary Cohn says data centers became more valuable.
How the story developed
AI-linked names beat expectations (AppLovin, Coherent, Arm, Qualcomm) and financing is heavy, including a $25B Microsoft bond and a $40B SpaceX AI chip deal being syndicated.
Qualcomm, Arm, AppLovin, Coherent and Figma beat estimates, while guidance was mixed. Qualcomm announced a SpaceX/Starlink deal and a push into data centers.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.