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Twilio raises full-year revenue forecast as voice AI drives fastest growth in three years and shares jump 18%

Q1 revenue of $1.41 billion grew 20% year on year, the highest reported rate since 2022, as the cloud communications platform repositions itself as enterprise voice AI infrastructure. Twilio raised its full-year 2026 revenue growth forecast to 14-15%, up from 11.5-12.5%, after reporting first-quarter results that beat expectations across every major metric on Thursday. The […]

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Apple posted its best quarter ever by not building an AI model

Apple reported its best March quarter in history on Thursday, posting revenue of $111.2 billion, up 17 per cent year over year, with net profit of $29.6 billion. iPhone revenue reached a March quarter record of $58 billion, up 22 per cent, driven by what Tim Cook called “extraordinary” demand for the iPhone 17, which […]

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Samsung’s founding family doubled its wealth in a year. Its workers want a share.

The Lee family of South Korea, which controls Samsung, has doubled its wealth in twelve months. Bloomberg’s Billionaires Index now values the dynasty’s holdings at $45.5 billion, up from $22.7 billion a year ago, propelling the Lees from tenth to third among Asia’s richest families. The catalyst is not a new product or a management […]

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Europe’s finance ministers are about to discuss an AI model none of them can access

Euro-area finance ministers will discuss Anthropic’s Mythos AI model with banking supervisors on Monday, according to a senior EU official. The technology that will be on the agenda is one that no government in the European Union has access to, built by a company that the United States Pentagon has designated a national security supply […]

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Blue Owl made 10x its money on SpaceX and has already sold half its position

The alternative asset manager’s co-CEO disclosed the returns on a Q1 earnings call, framing the SpaceX gain as a hedge against potential software credit losses from AI disruption, a revealing window into how private credit firms are navigating the AI era Blue Owl Capital has sold approximately half its SpaceX investment at a $1.25 trillion […]

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Navigating AI complexity with strategic finance: Sapphire CFO Solutions on the evolving role of CFOs in startups

Heather Hall, a fractional CFO and founder of Sapphire CFO Solutions, observes a growing sense of AI overwhelm among startup founders. “New tools may promise greater automation and efficiency, but they also add layers of complexity to financial choices,” she says. “With more options on the table, many founders find that experienced financial guidance can […]

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Alphabet and Amazon outpace Meta in AI as Big Tech’s Q1 2026 earnings confirm cloud dominance

Google Cloud grew 63%, AWS 28%. Meta raised its full-year capex guide to $125-$145 billion, sending its shares down 6% after hours. Combined 2026 AI spending across five hyperscalers is now on track to exceed $650 billion. The question hanging over Wednesday’s earnings calls was whether the AI investment supercycle was producing commensurate returns, or […]

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Vinted reaches €8 billion valuation in €880 million secondary share sale led by EQT

Schroders Capital and Teachers’ Venture Growth join as new investors. The transaction gives early investors and long-serving employees a route to liquidity. Vinted says it is ‘IPO-ready’ but has set no timetable. FY2024 revenue grew 36% to €813 million; net profit quadrupled. Vinted, the Lithuanian second-hand marketplace that has become one of Europe’s largest consumer-to-consumer […]

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The AI rally looks like the dot-com bubble. The companies do not.

The Shiller cyclically adjusted price-to-earnings ratio for the S&P 500 stands at approximately 38 to 40, depending on the day you check. In 155 years of recorded data, the CAPE has been higher exactly once: March 2000, when it reached 44.19, one month before the Nasdaq began a decline that would erase 78% of its […]

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Norway’s $2.2 trillion sovereign wealth fund posts a 1.9% loss in Q1 2026

The world’s largest sovereign wealth fund lost NOK636 billion ($68 billion) in investment returns in the first quarter, driven by the equity slide among large US technology companies. The S&P 500 posted its deepest quarterly decline since 2022. The fund marginally outperformed its benchmark. Norges Bank Investment Management (NBIM), which manages Norway’s Government Pension Fund […]

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