Financials
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Nvidia clears the bar again — and points to a $108 billion quarter ahead
Nvidia has reported strong fiscal second-quarter results, exceeding analyst expectations with $96.2 billion in revenue and $2.22 earnings per share. The company provided guidance of $108 billion for the next quarter, surpassing the $103.9 billion analysts had predicted. Data center revenue, driven by AI infrastructure demand, accounted for approximately 92% of sales, with CEO Jensen Huang highlighting AI's inflection point and accelerating compute demand.
Nvidia says it would be making a whole lot more money if it weren't for the memory crisis it's contributing to
Nvidia CEO Jensen Huang stated that the company's projected 70% revenue increase for fiscal year 2028 is conservative due to a global memory crisis, which Nvidia's own AI hardware demands are exacerbating. Despite strong data center revenue, consumer PC sales are tempered by elevated memory and systems prices, impacting the 'Edge Computing' segment which includes gaming.
Listen to the NVIDIA (NVDA) Q2 2027 earnings call here
NVIDIA will hold its Q2 2027 earnings call on August 26, 2026, at 2 p.m. PT/5 p.m. ET. CEO Jensen Huang and other company leaders will discuss the company's performance, earnings results, and forecasts for the remainder of the financial year. The webcast will be available on NVIDIA's financial website.
Illuvium Says Six Months of Cuts Bought It a Year of Runway as MMO Takes Center Stage
Illuvium co-founder Kieran Warwick stated that six months of cost reductions, including wage cuts, have extended the studio's operating runway by over a year. The majority of the team is now focused on the MMORPG, which is planned for a December 2026 release, with other smaller titles also slated for 2026.
Massively OP Podcast Episode 576: Peering into the future of MMOs
The Massively OP Podcast episode 576 features hosts Justin and Bree discussing the future of MMORPGs, including Star Wars: The Old Republic's update plans, World of Warcraft's latest patch, and delays for Lost Ark and Throne and Liberty due to Amazon's exit from publishing. They also cover Q2 MMO financials and introduce a new 'spotlight of the week' segment.
Nexon Q2 2026: MapleStory and ARC Raiders made so much money that Nexon paid out a special dividend
Nexon reported strong second quarter 2026 financial results, driven by significant revenue from MapleStory and ARC Raiders, leading to a special dividend payout of approximately $2 billion to shareholders. Despite a slight decrease in operating income, net income surged by 77% and revenue increased by 2%. The MapleStory franchise achieved record quarterly highs, partly due to the launch of MapleStory Worlds and MapleStory: Idle RPG.
NCsoft Q2 2026: Lineage Classic is booming as NCsoft pours money into Guild Wars 3
NCsoft reported a 38% revenue increase in Q2 2026, largely driven by the booming popularity of Lineage Classic in Korea and ad revenue from the JustPlay mobile app. Despite a decline in Guild Wars 2 revenue from its Q1 peak, it remains up year-over-year. NCsoft is investing an additional $85 million into ArenaNet for the development of Guild Wars 3, which is slated for alpha and beta testing in 2027.
Engagement Ring
Take-Two Interactive reported that preorder sales for Grand Theft Auto 6 have been unprecedented. The company revealed this information as part of its latest earnings report.
Midday Tech Bits
AMD's account payables increased by $2.36 billion last quarter, partially obscuring a squeeze in free cash flow despite record earnings. Separately, Amazon is reportedly cracking down on 'CPU waste'.
Nintendo’s dream 2026: a $300 million tariff refund, a billion-dollar Mario Galaxy movie and a Switch that won’t quit
Nintendo reported a 150% profit increase, partly due to a $300 million tariff refund from the U.S. government. The company's financial report also highlighted strong performance from its intellectual property, with the Super Mario Galaxy Movie grossing over $1 billion, though it fell short of The Super Mario Bros. Movie. The Nintendo Switch continues to sell well, with the Switch 2 surpassing the GameCube's lifetime sales.
Nintendo (NTDOY) Q1 FY27 Operating Profit grew 150.5% from Q1 FY26
Nintendo reported a significant 150.5% year-over-year increase in operating profit for the first quarter of its 2027 fiscal year, reaching 95 billion yen. This growth was partly attributed to a $300 million tariff refund, though underlying earnings also saw an increase. The report also noted a continued trend towards digital software sales over physical copies.
SpaceX's first public earnings statement shows the financials of an AI company in 2026
SpaceX has released its first public earnings statement, revealing the financial status of the company in 2026 with a significant focus on artificial intelligence operations. The statement highlights substantial capital expenditures related to these AI initiatives.
FIFA World Cup developer Refactor Games reportedly shuttered by Delphi Interactive
Refactor Games, a studio co-owned by Delphi Interactive, has reportedly been shut down shortly after releasing FIFA World Cup: Launch Edition for Netflix Games. Meanwhile, Atari reported significant revenue growth for its 2025-26 fiscal year, driven by acquisitions, though its consolidated group posted a net loss.
Xbox revenue dropped in Q4, but CEO Asha Sharma keeps promising that growth is coming
Microsoft's Xbox division experienced a 7% revenue drop in its fourth quarter, attributed to declines in content, services, and hardware. Despite these figures, Xbox CEO Asha Sharma expressed confidence in returning to growth by the end of FY27, citing an increase in new players.
Meta is still flinging the equivalent of a small country's annual GDP down the Reality Labs money pit each and…
Meta's Reality Labs division reported a significant income loss of $4.6 billion in the second quarter, despite a 16% year-over-year revenue increase to $431 million, driven by AI glasses sales. CEO Mark Zuckerberg highlighted strong sales for Meta's AI-powered glasses, though lower Meta Quest headset sales contributed to the overall loss. This continues a trend of substantial financial losses for Meta's VR and AR segment.
Microsoft (MSFT) spent $4.579 billion on share buybacks during Q4 2026
Microsoft spent $4.579 billion on share buybacks in the fourth quarter of its 2026 fiscal year, bringing the total for the year to $22.271 billion. This spending comes as the company also conducted layoffs. The company's Q4 earnings surpassed analyst expectations.
Facebook (META) Reality Labs lost $4.62 billion in Q2 2026
Meta's Reality Labs division reported a loss of $4.62 billion in Q2 2026, an increase from the previous quarter's $4.028 billion loss. Despite significant financial losses, Meta continues its investment in virtual and augmented reality technologies, including its Meta Glasses and VR headsets. The company's overall revenue for the quarter reached $60.80 billion.
Ubisoft Q1 net bookings down 9.2%, attributes drop to "high comparison base" from same period last year
Ubisoft reported first quarter net bookings of €255.8 million, a 9.2% year-on-year decrease attributed to a high comparison base from the previous year's Assassin's Creed Shadows launch. The company's performance was boosted by the mobile title Invincible: Guarding the Globe, while Assassin's Creed: Black Flag Resynced saw strong sales and record PC player counts. The report also detailed organizational changes, including the appointment of Christoph Hartmann to lead Creative House 2 and studio closures, alongside layoffs affecting 380 roles.
Listen to the Tesla (TSLA) Q2 2026 earnings call here
Tesla will host its second quarter 2026 earnings call on July 22, 2026, at 2:30 p.m. PT / 5:30 p.m. ET. The call, which is expected to last one hour, will feature discussions from Elon Musk and other company representatives regarding the company's financial performance. A livestream will be available via the Shacknews Twitch channel and the Tesla Investor Relations site.
Netflix (NFLX) spent $4.7 billion buying back its stock in Q2 2026
Netflix announced in its Q2 2026 earnings report that it spent $4.7 billion on stock repurchases, marking the largest quarterly buyback in the company's history. This move follows a slight revenue miss and comes after the company's board authorized an additional $25 billion for stock repurchases.
