Sandisk forecasts upbeat quarterly revenue on AI-driven demand

Aug 5 : Sandisk forecast quarterly revenue above estimates on Wednesday, banking on rising demand for its memory chips used in AI data centers.Shares of the Milpitas, California-based company fell more than 3 per cent in extended trading, after rising more than five-fold this year alongside a broader rally in memory an

Sandisk Revenue Soars on AI Data Storage Demand  WSJ

Lilly’s sales were driven by higher-than-expected demand for Mounjaro and Zepbound, its GLP-1 drugs for Type 2 diabetes and weight loss.

Canada’s Shopify projected current-quarter revenue growth above Wall Street estimates on Wednesday, signaling the company’s AI efforts were drawing more merchants to its suite of e-commerce services and driving broader consumer demand.

AMD's AI-powered revenue forecast fails to wow investors  Reuters

Tech company posts second-quarter results with US sales climbing 23%