amazon, apple and google Updates

The artificial intelligence sector continues to see significant investment and strategic shifts. SuperX, formerly Junee Limited, is pivoting entirely to AI infrastructure, reporting $3.6 million in revenue and a $21.2 million net loss for FY2025. Despite these figures, the company has secured over $70 million in investments and has agreements for more than $170 million, launching new AI servers and cooling solutions, with plans for a Japan Supply Center and a U.S. subsidiary by year-end 2025. Meanwhile, major tech players are navigating the AI landscape with mixed results. Amazon's stock surged on strong third-quarter earnings, driven by its cloud computing and advertising sectors, while Apple's gains moderated as investors await AI-focused reports from Alphabet and Microsoft. Alphabet itself saw its generative AI product revenue triple, and Amazon's cloud growth remained robust, demonstrating tangible returns from AI investments. However, Meta faced investor scrutiny for its substantial AI capital expenditures without offsetting cloud revenue. Wesco International reported a 12.9% increase in third-quarter revenue to $6.2 billion, with its data center segment reaching a record $1.2 billion, up 60% year-over-year, and raised its full-year organic sales growth forecast to 8%-9% due to strong AI infrastructure demand. Qualcomm is introducing new AI chips and has secured a data center deal, with Citi raising its price target to $175. In cybersecurity, BT Group and CrowdStrike are partnering to offer an AI-powered cybersecurity service for UK small and medium-sized businesses. Looking at growth stocks, Figma, a UI/UX design software company, and TSMC, a critical semiconductor manufacturer for AI, including Nvidia, are highlighted for their potential. C3.ai, however, faces challenges with lagging stock performance and lower-than-expected Q1 FY2026 revenue, though the appointment of a new CEO may signal a turnaround, especially for government contracts.

Key Takeaways

• SuperX is transitioning to AI infrastructure, securing over $70 million in investments and planning new AI servers and global facilities by the end of 2025.
• Amazon's stock rose following strong Q3 earnings, boosted by cloud computing and advertising growth.
• Alphabet reported a tripling of its generative AI product revenue, while Amazon's cloud segment showed robust growth.
• Meta faced investor concerns regarding significant AI capital expenditures without corresponding cloud revenue.
• Wesco International's Q3 revenue grew 12.9% to $6.2 billion, with data center revenue hitting $1.2 billion, up 60% year-over-year.
• Qualcomm announced new AI chips and a data center deal, with its stock price target raised by Citi to $175.
• BT Group and CrowdStrike are collaborating on an AI-powered cybersecurity solution for UK small and medium-sized businesses.
• TSMC is identified as a key semiconductor manufacturer for the AI boom, producing chips for companies like Nvidia.
• C3.ai reported lower-than-expected Q1 FY2026 revenue, with investors watching for a potential turnaround under its new CEO.
• Investors are increasingly scrutinizing AI spending for near-term returns across major tech companies.

SuperX shifts to AI infrastructure with major investments

SuperX, formerly Junee Limited, is transitioning from interior design to full-stack AI infrastructure. The company reported $3.6 million in revenue and a $21.2 million net loss for FY2025, largely due to its legacy business. However, SuperX has secured over $70 million in investments since March 2025 and has agreements for more than $170 million in additional investment. They have also launched new AI servers and rack-scale products, and formed joint ventures for HVDC power and liquid cooling solutions. SuperX plans to open a Japan Supply Center and a U.S. subsidiary by the end of 2025.

SuperX announces AI infrastructure growth plans after FY2025 results

SuperX AI Technology Limited, formerly Junee Limited, has announced its financial results for fiscal year 2025, showing a transition from its legacy interior design business to a focus on AI infrastructure. The company reported $3.6 million in revenue and a $21.2 million net loss for FY2025. Since then, SuperX has rapidly advanced its strategy by forming joint ventures for AI data center power and liquid cooling, acquiring a majority stake in NVIDIA partner MicroInference, and establishing a joint venture for global services. They also announced plans for a Japan Supply Center and a U.S. subsidiary, both expected to be operational by the end of 2025. SuperX has secured over $70 million in investment and has agreements for over $170 million more.

Amazon stock jumps as earnings season heats up

Amazon's stock is surging in pre-market trading after the company exceeded revenue and earnings expectations for the third quarter. This strong performance highlights growth in its cloud computing and advertising sectors. Meanwhile, Apple's stock is seeing reduced gains as investors await earnings reports from key artificial intelligence players like Alphabet and Microsoft. The market is closely watching these companies for insights into their AI strategies and future growth potential amidst ongoing concerns about inflation and interest rates.

Qualcomm introduces new AI chips and data center deal

Qualcomm Incorporated (QCOM) is gaining attention this week with the announcement of two new artificial intelligence products. The company also secured a deal with a Saudi Arabian startup. Citi recently raised its price target on Qualcomm stock to $175 from $170, maintaining a Neutral rating.

Wesco's Q3 revenue grows with AI data centers and digital sales

Wesco International reported a 12.9% increase in third-quarter revenue, reaching $6.2 billion, driven by the booming AI data center market and a recovery in its utility business. Data center revenue alone hit a record $1.2 billion, up 60% from the previous year. The company has also implemented early versions of a new digital platform designed to streamline global operations. Wesco has raised its full-year guidance for organic sales growth to 8%-9%, citing strong demand in AI infrastructure, electrification, and automation.

Big Tech earnings show AI spending discipline needed

Recent earnings reports from major tech companies reveal that while billions are still being invested in AI infrastructure, investors are increasingly scrutinizing spending for near-term returns. Alphabet and Amazon demonstrated how their AI investments are already yielding results, with Alphabet's generative AI product revenue tripling and Amazon's cloud growth remaining robust. Meta, however, faced investor concerns due to its lack of cloud revenue to offset significant AI capital expenditures. This shift indicates a greater focus on return on invested capital, though overall Big Tech earnings have surpassed Wall Street expectations.

BT and CrowdStrike partner on AI security for small businesses

BT Group and CrowdStrike have partnered to launch BT Business Antivirus Detect and Respond, an AI-powered cybersecurity service for UK small and medium-sized businesses (SMBs). This new service uses CrowdStrike's Falcon Go platform and offers 24/7 managed support, aiming to provide enterprise-grade security to SMBs. The collaboration expands CrowdStrike's reach in Europe and addresses a gap in advanced security for smaller companies. Investors are now evaluating how this partnership will impact CrowdStrike's market position and revenue growth.

Figma and TSMC: Top growth stocks for doubling your money

Investors with $5,000 might consider Figma and Taiwan Semiconductor Manufacturing Company (TSMC) for potential growth. Figma, a UI/UX design software company, has seen its stock pull back after an IPO pop, offering a more reasonable valuation despite ongoing AI feature investments. TSMC, a key player in semiconductor manufacturing, is crucial for the AI boom, handling a significant portion of global chip production, including for Nvidia. Both companies show strong financial performance and potential for substantial future growth.

Can C3.ai replicate Palantir's success with new CEO?

C3.ai is facing significant challenges, with its stock performance lagging behind Palantir Technologies and the company's business trending in the wrong direction. Despite offering AI solutions to government and commercial clients, C3.ai reported lower-than-expected revenue in Q1 FY 2026. However, the recent appointment of Stephen Ehikian as the new CEO, who previously served in the U.S. General Services Administration, may offer a path to turnaround, particularly in securing government contracts. Investors are watching to see if Ehikian can revitalize the company and improve its valuation.

Sources

• SuperX (NASDAQ: SUPX) enters FY2026 with $170M+ agreements for AI infrastructure
• SuperX Reports Annual Financial Results for FY2025; Sets Stage for AI Infrastructure Growth in FY2026
• Earnings live: Amazon stock soars, Apple pares gains with earnings from AI players to come
• Qualcomm (QCOM) Unveils New AI Chips, Secures Data Center Deal
• AI data center boom, digital sales drive Wesco Q3 revenue growth
• Big Tech Earnings Reveal Cracks in Case for Massive AI Spending
• Is BT Partnership Expanding SMB-Focused AI Security Changing the Investment Case for CrowdStrike (CRWD)?
• Got $5,000? 2 Top Growth Stocks to Buy That Could Double Your Money
• Can C3.ai Become the Next Palantir Technologies?