Alibaba’s AI and cloud revenue jump 38%

Bullish shares fell Thursday after the company reported a first-quarter loss alongside disappointing subscriptions and services revenue.

The post Ondas (ONDS) Stock Soars After Revenue Explodes Over 1,000% in Q1 2026 appeared on BitcoinEthereumNews.com. Key Highlights Ondas delivered Q1 revenue of $50.1M, representing a 1,079% year-over-year surge and surpassing analyst estimates by $10.76M. Full-year 2026 revenue guidance was increased to a minimum of $390M from $375M, signaling approximately 670% growth. Pro forma backlog soared to $457M from $68.3M at the end of 2025, marking a 570% jump. The product division achieved adjusted EBITDA profitability in Q1, beating internal projections by six months. Cash and equivalents stand at $1.48B, providing ample resources for continued M&A activity. Ondas (ONDS) unveiled first-quarter 2026 results showing revenue of $50.1 million, representing an explosive increase from the $4.3 million reported during the same period in 2025. The performance exceeded analyst projections by $10.76 million and came in 25% higher than the top of the company’s internal forecast. $ONDS Q1 EARNINGS •

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BitGo’s headline revenue figure doubled year-over-year to $3.8 billion, but a Bitcoin price decline and IPO-related costs pushed net losses to $60.7 million in the first quarter.

BitGo revenue doubled to $3.8B in Q1, but net loss widened to $60.7M as Bitcoin treasury moves and IPO costs weighed on results post-IPO.

The post OpenAI and Microsoft cap revenue-sharing at $38B as AI giant eyes independence appeared on BitcoinEthereumNews.com. OpenAI and Microsoft have agreed to put a ceiling on their revenue-sharing arrangement at $38 billion, a move that effectively loosens one of the tightest corporate partnerships in the AI industry. The cap, first reported by The Information, keeps the existing revenue-sharing terms in place through 2030 but draws a hard line on how much Microsoft can ultimately extract from the relationship. What the deal actually changes Microsoft has poured more than $13 billion into OpenAI since its initial $1 billion investment in 2019. In return, it secured a revenue-sharing arrangement that gave Redmond a significant cut of OpenAI’s earnings, plus exclusive cloud infrastructure rights through Azure. The $38 billion cap means Microsoft’s take has an expiration point. Once cumulative revenue-sharing payments hit that number, the spigot turns off, regardless of how much money

OpenAI's move towards independence could reshape cloud dynamics, fostering competition and potentially altering AI market power structures. The post OpenAI and Microsoft cap revenue-sharing at $38B as AI giant eyes independence appeared first on Crypto Briefing.

The post Snap’s Q1 Makes Its AR Glasses Bet Harder To Ignore appeared on BitcoinEthereumNews.com. Concept of augmented reality technology being used in futuristic smart tech glasses getty Snap’s first-quarter results gave investors something they have not always had from the company: evidence of operating discipline. Revenue rose 12% year-on-year to $1.53 billion. Daily active users returned to growth, reaching 483 million. Adjusted EBITDA more than doubled to $233 million, while free cash flow climbed to $286 million. Net loss narrowed to $89 million. On the surface, this was a cleaner Snap story: stronger engagement, better margins and a more credible path toward sustained cash generation. But the more important strategic question sits outside the quarter. Snap is still asking investors to believe in Specs, its augmented reality glasses that are a bid to compete with Meta, Apple and Google for the next consumer computing surface. Evan Spiegel used the results to reaffirm Snap’s commi