Consumer Tech News (Feb 2-6): Big Tech Earnings Take Center Stage In U.S. Markets, Anthropic Launches New AI Tool & More – Apple (NASDAQ:AAPL), Advanced Micro Devices (NASDAQ:AMD)
A federal judge has ruled that Elon Musk must sit for a deposition to answer questions about his role in dismantling USAID, rejecting his legal team’s attempt to avoid questioning under the apex doctrine.
Transportation Secretary Sean Duffy has hailed a new funding bill signed by President Donald Trump that pulls over half a billion dollars in funds from EV-related schemes.
Earnings Release
Alphabet reported fourth-quarter revenue of $113.83 billion, beating a Street consensus estimate of $111.31 billion and earnings per share of $2.82, beating a Street consensus estimate of $2.63.
Telecommunication & Retail
Amazon announced that it delivered over 13 billion items globally at record speeds in 2025, with more than 8 billion items reaching U.S. Prime members the same or next day.
Smartphones & Electronics
Aerospace & Defense, Automobiles
The Elon Musk-led SpaceX is reportedly pushing for an expedited entry into major stock indexes, potentially altering the traditional IPO timeline.
Tesla filed new trademark applications with the United States Patent and Trademark Office (USPTO) for its awaited Roadster.
Sen. Ed Markey (D-Mass.) has warned that Alphabet‘s self-driving service Waymo is employing remote workers in the Philippines to guide AVs in some situations.
Tesla unveiled a new All-Wheel Drive variant of the Model Y in the U.S. and Puerto Rico following CEO Elon Musk‘s Model S and X discontinuation announcement.
Software & Semiconductors
Artificial Intelligence (AI)
Anthropic has released an upgraded version of its artificial intelligence model, launching Claude Opus 4.6.
OpenAI CEO Sam Altman mocked Elon Musk after a federal judge ruled that the billionaire’s fraud claims over ChatGPT-maker’s nonprofit origins can proceed to trial.
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Peloton Interactive, Inc. (NASDAQ:PTON) reported a disappointing second-quarter earnings report, with both earnings and revenue missing the consensus, and the announcement of a key leadership departure.
Symbotic Inc. (NASDAQ:SYM) reported quarterly earnings of two cents per share, which missed the consensus estimate of three cents, and revenue of $629.99 million beat the Street estimate of $623.11 million.
Arm Holdings Plc (NASDAQ:ARM) reported fiscal third-quarter revenue of $1.24 billion, beating analyst estimates of $1.22 billion and adjusted earnings of 43 cents per share for the quarter, beating estimates of 41 per share.
Advanced Micro Devices Inc (NASDAQ:AMD) reported fourth-quarter revenue of $10.27 billion, beating analyst estimates of $9.67 billion and adjusted earnings of $1.53 per share for the fourth quarter, beating estimates of $1.32 per share.
Super Micro Computer, Inc. (NASDAQ:SMCI) reported quarterly earnings of 69 cents per share, which beat the analyst consensus estimate of 49 cents and revenue of $12.68 billion, which beat the Street estimate of $10.22 billion.
Yum China Holdings, Inc. (NYSE:YUMC) reported fourth-quarter adjusted earnings per share of 40 cents, beating the analyst consensus estimate of 36 cents and sales of $2.823 billion outpaced the Street view of $2.721 billion.
Elon Musk-backed SpaceX‘s satellite internet service, Starlink‘s direct-to-cell technology, is set for a debut in the European Union after signing a deal with Spanish telco MasOrange.
Elon Musk reportedly structured SpaceX’s acquisition of xAI using a strategic merger design that could minimize debt exposure, limit legal liability and keep the company’s long-awaited IPO on track.
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