Meta Raises Financing for AI Expansion
Meta raised financing for its AI expansion.
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Consumer Tech Weekly Roundup Covers Earnings, AI and Product News
A consumer technology roundup covers reported results, AI developments, product announcements and other corporate news from Oct. 12–16.
Interactive Brokers Reports Record Q3 Pre-Tax Profit, Raises Annual Dividend
Interactive Brokers reported record third-quarter pre-tax profit, with a 78% pre-tax margin for an eighth consecutive quarter above 70%. The company also raised its annual dividend to 60 cents.
BlackRock Reports Q3 Revenue Growth of 19% to $7.8 Billion
BlackRock reported third-quarter 2026 revenue of $7.8 billion, up 19% year over year, and $205 billion in net inflows. Adjusted operating margin reached 47.8%, up 320 basis points year over year.
Big Tech raises billions in debt and equity for AI
Alphabet, Amazon, Microsoft and Meta signaled in April that spending on AI would not slow down. Tech giants' combined spending is now set to exceed $730 billion this year. SpaceX is looking to raise about $10 billion in bank loans and $30 billion in investment-grade debt.
Aterian PLC reports interim results for six months ended 30 June 2026
The Africa-focused critical minerals explorer, developer and trader said the results are unaudited and cover the six months ended 30 June 2026. It said its Rwanda mineral trading business expanded during the period.
REG — Baker Steel Res.Tst. — Half — year Report
For best results when printing this announcement, please click on link below: RNS Number: 0615W Baker Steel Resources Trust Ltd 24 September 2026 BAKER STEEL RESOURCES TRUST LIMITED (Incorporated in Guernsey with registered number 51576 under the provisions of The Companies (Guernsey) Law, 2008 as amended) 24 September
Mombak raises $150 million fund for Amazon reforestation, adds Salesforce as buyer
Brazilian carbon removal startup Mombak said it secured the first close of its second reforestation fund, aiming to raise $150 million for restoration projects. The company also signed a carbon credit purchase agreement with Salesforce, adding to a buyer roster that includes Google and Microsoft.
Bond Markets Are Rethinking Big Tech’s $1 Trillion+ a Year for AI
Big Tech’s defining financial advantage, an abundant cash flow, is colliding with the physical demands of generative AI. Alphabet Inc. (NASDAQ: GOOG ), Amazon.com, Inc. (NASDAQ: AMZN ), Meta Platforms, Inc. (NASDAQ: META ) and Oracle Corp. (NYSE: ORCL ) continue to post strong revenue growth and operating cash flow – y
US Market: Rotation Away
US market experiences rotation away from tech as weakness in mega-cap tech widens, with semiconductors declining 7% and NASDAQ opening down 3%.