AI momentum is accelerating in the second half of the year, leading to record AI server orders of $12.3 billion and an unprecedented $30 billion in orders year to date. Dell also raised its full-year FY26 revenue guidance to $111.2 billion to $112.2 billion, representing approximately 17% growth year-over-year.
CEO Hock Tan disclosed $73 billion in AI-related backlog, including custom XPU accelerators, switches, and optical components. "We have never seen bookings of the nature that what we have seen over the past three months," Tan said on the Q4 2025 earnings call. The backlog includes orders from five hyperscale customers building custom AI chips, plus demand for Broadcom's 102 terabit per second Tomahawk 6 switch.
By Alicia Tang and Brody Ford, Bloomberg Workday Inc. announced co-founder Aneel Bhusri is returning to head the software company, replacing chief executive officer Carl Eschenbach after the company's shares have plummeted over the past year. The change is effective immediately, the company said in a statement Monday. Eschenbach is also stepping down as a member of the board. He will stay on as a strategic adviser to Bhusri, according to the statement.
Microsoft stock has been a millionaire maker for decades, with a stock split-adjusted IPO price of $0.14, which means that at today's stock price around $480, the stock is up about 506,200%. That would have turned a $1,000 investment at Microsoft's initial public offering into about $5.4 million today, including dividends and stock splits. In the past month, Microsoft acquired AI firm Osmos, committed $17.5 billion to expand its cloud and AI infrastructure in India,
Earlier this summer, it was reported that the company will invest $888 million at its Buffalo, N.Y.-based Tonawanda Propulsion plant to build its next-generation V8 engines. Despite GM's significant investments in EVs, the legacy automaker saids it will start the small-block V8 production in 2027. The company still faces tariff headwinds, with GM sourcing its parts from a global network of 3,100 primary suppliers and a significant presence in Mexico, Canada and Asia, has suffered according.
For instance, Meta Platforms closed the third quarter with 3.54 billion daily active users and $51.2 billion in revenue. That comes to $14.46 per daily active user. Meanwhile, Snap closed the quarter with 477 million daily active users and $1.51 billion in revenue, which comes to $3.14 per user. Both companies grew their daily active users by 8% year over year.
