Revenue

• Eurofiber forecasts its 2026 revenues to reach approximately EUR 361 million, representing a EUR 12 million increase over the previous year. • This growth is driven by the strategic expansion of the company's fiber optic footprint across France and Germany. • The company expects capital expenditure to decrease by an estimated EUR 8 million, bringing the total down to EUR 203 million.

State budget suggests Minns government is addicted to pokies revenue, with tax take predicted to jump from $1.6bn to $2.2bn annually within four yearsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAnti-gambling advocates say surging tax revenue from poker machines in New South Wales is a betrayal of the Minns government’s promise to reform the industry.Tuesday’s state budget forecasts the annual revenue from all gambling taxes will rise from $3.8bn in 2025-26 to $4.7bn by 2029-30. That includes an annual rise in revenue from poker machines in pubs and hotels of 7.5%, outstripping inflation, meaning the government expects to pocket $2.2bn from pokies in 2029-30 compared with $1.6bn this financial year. Continue reading...

• New York-based company Attention has raised $30 million in a Series B funding round announced on June 23, 2026. • The investment round was led by RTP Global and included participation from several of Attention's own customers. • The funds will be used to develop an AI system designed to actively run revenue teams rather than simply recording their activities.

• Global entertainment and media (E&M) revenues are projected to reach US$4.2 trillion by 2030, with advertising specifically hitting US$1.4 trillion. • According to PwC’s Global Entertainment & Media Outlook 2026-30, this growth is driven by a 3.4% CAGR, fueled by AI-powered advertising and a resurgence in live, in-person experiences. • Regional growth varies, with Asia-Pacific leading the trend as revenues are expected to rise from $13.8 billion in 2025 to approximately $17 billion by 2030.

• West Auckland-based Grinding Gear Games reported a massive revenue surge, with earnings jumping five-fold from $105 million to $526 million. • The financial growth was driven by strong performance and included $3 million in taxpayer funding as part of the mix. • Co-founder Chris Wilson is currently hiring new staff to develop a secret project, signaling a strategic expansion beyond their current titles.

• ServiceNow (NOW) shares surged 9% following an endorsement from Nvidia regarding the future of AI-driven enterprise software. • The company has set an ambitious financial target to exceed $30 billion in subscription revenue by the year 2030. • This growth is driven by a combination of strong fundamental business performance and increasing optimism surrounding AI integration.

• Niko Partners reports that video game revenue across Asia and the Middle East & North Africa (MENA) is projected to surpass the $100 billion milestone by 2030. • This growth is driven by an increase in player spending and expanding market reach within these specific regional and sub-regional sectors. • The findings, detailed in Niko’s 2026 Market Model Reports, highlight the critical importance of these territories for the global gaming industry's long-term financial trajectory.

• Netflix and other major streaming platforms are opposing a new German legislative proposal that would mandate the reinvestment of local revenue into domestic content. • The proposed law aims to ensure that global streaming giants contribute financially to the German creative industry and local production ecosystem. • This conflict highlights the tension between international business models and national efforts to protect cultural sovereignty and local media funding.

• Netflix and other streaming platforms have criticized a new German draft law approved by Chancellor Friedrich Merz's cabinet on Wednesday. • The proposed legislation would compel streaming services to reinvest a specific share of their locally generated revenue back into domestic film and television production. • This move aligns Germany with other European nations, such as France, Denmark, and Sweden, which already enforce similar reinvestment mandates to support local creative industries.

• Zee Entertainment reported a decline in ad revenues for Q4 FY26, citing the ongoing conflict in West Asia and rising operational costs as primary drivers. • Despite the revenue hit, the company noted that losses for its streaming platform, ZEE5, are narrowing. • The stock price slid nearly 6% following the results and a downgrade of the stock by Elara Securities.

• Nvidia reported a significant revenue surge of 85%, beating market expectations driven by the ongoing artificial intelligence boom. • Despite the strong financial performance, the company's shares slipped in late trading as investors expressed caution. • The decline is attributed to intensifying competition and the trend of major big tech customers developing their own in-house AI alternatives.

• European cinema attendance declined by 5.5% in 2025, with the total number of cinemagoers dropping to 796 million. • Despite the fall in attendance, overall box-office revenues remained stable at €6.36 billion. • This trend highlights a shift in consumer behavior and pricing dynamics within the European film exhibition market.

• Zee Entertainment reported a decline in ad revenues for Q4 FY26, citing the geopolitical conflict in West Asia and rising operational costs as primary drivers. • While the company noted that losses for its streaming platform, ZEE5, are narrowing, the overall financial outlook led to a nearly 6% drop in its stock price. • The stock's decline was further exacerbated by Elara Securities downgrading the company, reflecting investor concern over revenue stability.

• OpenAI's revenue chief identified "capability overhang" as the primary challenge for European businesses, where the potential of AI models exceeds the current ability of companies to implement them. • Businesses in Germany, France, and the UK have emerged as some of the top global adopters of OpenAI's technology, signaling strong regional interest in AI integration. • This gap matters because it suggests that while adoption rates are high, organizations are struggling to translate technical capabilities into tangible operational value.

Many analysts view company’s financial performance as a broader referendum on AI buildoutNvidia continued its years-long streak of beating Wall Street’s expectations for growth on Wednesday, reassuring most investors that the AI boom, particularly the global explosion of datacenters, will continue apace.“The buildout of AI factories – the largest infrastructure expansion in human history – is accelerating at extraordinary speed,” said Nvidia’s CEO, Jensen Huang, in a statement. “Agentic AI has arrived, doing productive work, generating real value, and scaling rapidly across companies and industries.” Continue reading...

• Chime reported Q1 2026 revenue growth of 25% year-over-year, exceeding guidance and marking its first quarter of GAAP profitability since going public. • Strong top-line momentum prompted raised full-year guidance and new $200 million share repurchase authorization announced May 6. • Results from San Francisco-based fintech highlight accelerating adoption in digital banking amid competitive US market.

• RadNet, Inc. reported first-quarter 2026 revenue of $575.6 million on May 10, 2026, marking a 22.1% increase from $471.4 million in Q1 2025. • The company revised upward its 2026 guidance for imaging center revenue, adjusted EBITDA, and free cash flow, reflecting strong operational momentum. • This performance underscores growing demand for diagnostic imaging services amid healthcare sector expansion and capacity investments.

• Camden Property Trust surpassed analyst expectations for Q1 2026 EPS and revenue, as detailed in its May 10 earnings call transcript. • Despite the strong financial results, the company's stock price declined following the announcement, mirroring broader REIT market pressures. • The outperformance highlights resilient demand in the multifamily housing sector amid economic uncertainties.

• B. Riley Financial (NASDAQ: RILY) generated Q1 2026 revenues of $352 million, up from $186 million year-over-year, with net income available to common shareholders at $211.3 million. • Adjusted EBITDA reached $262.2 million, including operating adjusted EBITDA of $34.6 million, up nearly 40% sequentially; net debt fell to $372 million. • Strong performance reflects robust financial services activity, aiding liquidity in a volatile market environment.

• The Trade Desk reported Q1 2026 revenue of $688.86 million, up 12% year-over-year and beating consensus estimates of $678 million. • Adjusted EBITDA reached $206 million with a 30% margin, down from 34% in Q1 2025, while adjusted EPS of $0.28 missed the $0.32 forecast. • Shares fell 1.75% to $23.08 on May 7, now down 77.62% from the 52-week high of $91.45, as CEO Jeff Green cited macroeconomic complexities.

• Allison Transmission posted an 84% revenue surge in Q1 2026, primarily fueled by a recent acquisition amid macroeconomic uncertainty. • The company reaffirmed its full-year 2026 guidance issued on February 23, factoring in Q1 results and geopolitical risks. • This performance underscores acquisition-driven growth in the transmission sector, with implications for industrial suppliers.

• ServiceNow announced on May 8, 2026, a goal of $32 billion in revenue by 2030, introducing the 'Action Fabric' AI agent pricing layer. • The strategy counters SaaS market challenges by embedding advanced AI agents into its platform for automated workflows. • This move signals enterprise software's pivot toward AI orchestration, potentially reshaping IT service management.

• Morgan Stanley announced Q1 2026 results on May 5, with net revenues reaching $20.6 billion, a 16% increase from the prior year, and net income applicable to shareholders at $5.4 billion, up 30%. • Diluted EPS rose to $3.43 from $2.60, while ROE hit 21.0% and ROTCE achieved 27.1%, surpassing the firm's 20% ROTCE target. • Institutional Securities revenues surged 19% to $10.7 billion, fueled by strong Markets performance and a 36% rebound in Investment Banking, particularly Advisory; Wealth Management grew 16% to $8.5 billion with $118.4 billion in net new assets.

• Grab Holdings Limited announced Q1 2026 results on May 5, with revenue surging 24% year-over-year to $955 million, driven by On-Demand and Financial Services growth in Southeast Asia. • On-Demand GMV rose 24% to $6.1 billion, monthly transacting users increased 16% to 51.6 million, and adjusted EBITDA hit a record $154 million, up 46% with a 16.2% margin. • Profit for the period climbed to $120 million from $10 million last year, boosted by operating improvements and a $95 million gain in fair value of financial assets.

• The United States naval operations in the Gulf of Oman and Strait of Hormuz have caused Iran nearly $4.8 billion in lost oil revenue, according to Pentagon estimates reported by Axios. • Pentagon spokesperson Sean Parnell, citing Press Secretary Joel Valdez, states the blockade enforces sanctions and curbs Iran's maritime oil trade to weaken funding for militant activities. • The Strait of Hormuz remains central to tensions as a vital global oil chokepoint, risking escalation in energy markets and regional stability.

• Cerebras Systems, developer of the wafer-size WSE-3 AI chip, filed to go public on April 17, 2026, amid accelerating revenue. • The company secured a $125 million revolving credit facility from Morgan Stanley, expandable to $850 million post-IPO, plus a $1 billion loan from OpenAI. • This IPO positions Cerebras to capitalize on surging demand for specialized AI hardware in US data centers and enterprises.

• Amazon Web Services (AWS) achieved a $15 billion annual run rate in AI revenue during Q1 2026, according to CEO Andy Jassy's annual shareholder letter. • Amazon's internal chips business now generates over $20 billion per year, supporting AI infrastructure and custom silicon development. • The figures underscore Amazon's aggressive push into AI and cloud computing dominance amid intensifying competition from Microsoft Azure and Google Cloud.

• Taiwanese electronics manufacturer Foxconn reported strong first-quarter revenue growth, yet issued a cautious outlook for future quarters citing escalating geopolitical tensions as a primary risk factor. • The company's performance reflects broader concerns among multinational corporations about supply chain disruptions and market volatility stemming from the Iran conflict and US-China relations.