Earnings & Operations
Operational Update - Evergreen, Yang Ming and Wan Hai Record Positive 8M 2026 Revenue Growth
Taiwan’s three major container carriers — Evergreen Marine, Yang Ming Marine Transport, and Wan Hai Lines — all posted higher revenue in August 2026, both y/y and m/m.
Results Deep Dive - HPE Q3 Beats: AI Orders Accelerate as Profits Surge and FY27 Outlook Rises
HPE’s Q3 revenue reached $12.2bn as Cloud & AI drove profit growth and AI backlog climbed to $7.6bn. Higher FY26 and FY27 outlooks shift attention to order conversion, margin durability and cash generation.
Results Review - Snowflake Q2 Beats Estimates as AI Fuels Growth and a Higher FY27 Outlook
Snowflake’s Q2 beat came with a stronger H2 outlook as AI supported new workloads and core platform consumption. Expense discipline lifted operating margins, even as AI’s growing revenue share weighed on product gross margins.
Results Deep Dive - Broadcom Q3 Beats, Q4 Guidance Slightly Misses: Custom Chips and Networking Drive Growth
Broadcom’s Q3 AI growth exceeded its forecast, while Q4 guidance offered limited upside to expectations. Management’s ~$230bn FY28 AI outlook shifts attention to customer ramps, networking demand and XPV financing, with delivery capacity and cash conversion increasingly important.
Results Deep Dive - Dell Beats as Shares Surge 10.4% After Hours, Behind: AI Demand and Improving Operating Leverage
Dell’s Q2 beat was driven by record AI server orders, broader infrastructure growth and sharply higher FY27 guidance. The caveat: underlying free cash flow fell as inventory and customer financing expanded.
Results Deep Dive - COSCO Group 1H2026: Q2 Turns the Tide as Container Freight-Rate Momentum Improves, Ports Diversification, VLCC Profits Surge
COSCO’s first half tells two very different shipping stories: container margins are being squeezed even as congestion hits a record, while VLCC earnings surge. And with another $2.9bn of ships ordered, COSCO is still betting heavily on scale.
Results Review - Salesforce Jumps 13% on a Clean Beat—but Is Organic Growth Strong Enough to Revive the SaaS Story?
Salesforce reported a clean but mixed F2Q27. Shares rose 13% after hours, reflecting a positive response to the company’s performance amid broader concerns that AI could weaken SaaS business models. But Is Organic Growth Strong Enough to Revive the SaaS Story?
Results Review - Nvidia beats, Guides Q3 Revenue to $108bn and Sees 70% FY2028 Growth
Nvidia’s Q2 FY2027 beat highlighted the scale of the AI infrastructure cycle, with revenue doubling to $96.2bn and Data Center sales up 117% as demand continues to run against supply constraints.
Results Deep Dive - Hapag-Lloyd Returns to Profit in Q2 and Raises 2026 Outlook
Hapag-Lloyd’s H1 2026 results were mixed. The company returned to profit in Q2 as stronger demand and spot freight rates lifted transport volumes and average pricing, producing a clear recovery from a loss-making Q1.
Results Deep Dive - Maersk Raises 2026 Guidance Again as Ocean Rates Drive a Strong Q2
Maersk delivered a strong Q2 2026, as higher Ocean freight rates, volume growth and lower unit costs drove a sharp recovery in earnings. The most important was another substantial increase in Maersk’s FY2026 guidance, just weeks after the company upgraded its outlook in late June.
Result Review - Coherent Beats, Sees Bigger Growth as AI Networking Shifts From Copper to Optics
Coherent’s Q4 revenue reached $2.05bn as Data Center & Communications sales rose 59% yoy. Q1 guidance beat expectations, but a modest gross-margin step-up, heavy capacity investment and weaker cash conversion remain the key tests for FY2027.
Results Deep Dive - Nebius Posts 454% Revenue Growth and a 50% Cloud Margin, Capacity Sells Faster Than It Can Be Built
Nebius delivered 454% revenue growth and a 50% AI cloud margin as demand outpaced capacity. The next test is converting power into billable compute while using prepayments, asset-backed debt and an open AI stack to finance expansion.
