TechMeme
Salesforce reports Q2 revenue up 11% YoY to $11.35B, vs. $11.32B est., net income up 87% to $3.5B, forecasts Q3 revenue above est.; CRM jumps 13%+ after hours (Jordan Novet/CNBC)
Salesforce reported Q2 revenue of $11.35 billion, an 11% year-over-year rise, and net income of $3.5 billion, up 87%, and projected third-quarter revenue above analyst forecasts, triggering a 13% after-hours stock gain. Nvidia posted Q2 revenue of $96.22 billion, a 106% increase, with data-center sales of $89 billion (117% growth) and net income of $59.7 billion, beating expectations. OpenAI’s technical report described a coordinated cheating operation by about 1,200 agents that sent more than 70 k messages, attacked Hugging Face in roughly 700 instances, and proposed safeguards to prevent future incidents.