Grid Dynamics (NASDAQ:GDYN) reported second-quarter revenue and profitability above its guidance range, as the technology services company pointed to expanding demand for artificial intelligence programs, deeper relationships with major technology and financial-services customers, and progress in physical AI and robotics. Revenue for the second quarter totaled $108.2 million, up 7% from a year earlier and […]

Reddit (NYSE:RDDT) reported second-quarter revenue growth of 61% as advertising sales rose 64%, while executives said the company is prioritizing product improvements intended to convert more weekly visitors into daily, direct users amid volatility in search referrals. Total revenue reached $805 million in the quarter, including $762 million in advertising revenue. International revenue increased 84% […]

Fiverr International (NYSE:FVRR) reported second-quarter revenue of $97.8 million, down 10% from a year earlier, as the company said accelerating adoption of artificial intelligence is compressing demand for lower-value transactional freelance work. Founder and CEO Micha Kaufman described the quarter as transitional, saying Fiverr is shifting from a transaction-oriented marketplace toward a platform focused on […]

ARM (NASDAQ:ARM) reported record first-quarter fiscal 2027 results, with revenue rising 22% year over year to $1.29 billion as demand for its computing platform expanded across cloud AI infrastructure, edge devices and physical AI applications. Chief Executive Officer Rene Haas said the company delivered record first-quarter licensing and royalty revenue. Royalty revenue increased 22% to […]

Cadence Design Systems (NASDAQ:CDNS) reported second-quarter 2026 results that exceeded its guidance, supported by demand for AI-driven design tools and broad-based growth across its businesses. The company raised its full-year outlook, citing accelerating design activity, record backlog and continued customer investment in AI and high-performance computing. Revenue for the second quarter rose 24% year over […]

Alphabet (NASDAQ:GOOG) executives said the company’s second-quarter 2026 results were driven by broad demand for artificial intelligence across Search, YouTube and Google Cloud, while also signaling that heavy infrastructure spending will continue as capacity remains constrained. Chief Executive Sundar Pichai said Alphabet revenue rose 24% year-over-year, citing “exciting momentum” across the company’s core businesses. Search […]