Financials articles

Steam is on track to top $20 billion in revenue for the first time

Bottom line: Steam is on course to generate more than $20 billion in gross revenue in 2026, a first for the platform, after posting record results for September and the third quarter, according to estimates from Alinea Analytics. The gains came from a mix of new releases, established franchises and free-to-play games that keep drawing spending long after launch. With one quarter left, Valve's PC gaming platform needs roughly $3.5 billion to reach the milestone.

Micron says robots will keep RAM prices high, even if the AI bubble pops

Control Resonant is Remedy's most successful Steam launch ever

AMD just joined the $1 trillion club, beating Intel to the milestone

Nvidia's $63 billion stock portfolio is a map of its own supply chain

The takeaway: Nvidia's latest 13F reveals a $63.4 billion portfolio of US stocks, and it is very lopsided. Intel and SpaceX account for roughly 80% of it. But the filing's most interesting detail is what didn't happen: seven of the eight positions were untouched last quarter, but the portfolio more than tripled in value anyway.

Nvidia posts another record quarter, predicts explosive AI-driven growth will last through 2028

Walmart will finally accept Apple Pay and Google Pay starting August 24

Researchers found a way to bring expired credit cards back from the dead

WTF?! Credit cards aren't meant to last forever, but a team of researchers just found a way to keep expired ones alive for a little longer than intended, and not for the cardholder's benefit. Not every card is affected, but the flaw sits deep enough in how contactless payments are verified that exploitation isn't just theoretical.

Anthropic is heading toward the largest IPO ever, at a possible $2 trillion valuation

Candy Crush generates nearly $1 billion annually, 14 years after launch

Take-Two's CEO predicts streaming will 10x gaming's install base within three years

Nintendo's Switch 2 sells over 23 million units in its first year, outpacing the original's 17 million

AMD's data center business just more than doubled, and gaming is paying the price

Amazon spent $1.8 million on a failed AI project, and didn't notice the overrun for five months

Meta's Reality Labs division lost $4.6 billion in Q2 2026, pushing total losses toward $88 billion

iPhone and Mac sales surge push Apple's quarterly revenue to $109 billion

Bottom line: Apple's last quarterly earnings report under CEO Tim Cook showed gains across nearly every category, led by iPhone and Mac sales. The budget MacBook Neo appears to have been a major contributor to that growth. But as the Cupertino company prepares to hand the reins to a new CEO, rising prices could complicate the road ahead. Apple has already begun responding with a new leasing program.

Seagate aims to launch 50TB HAMR hard drives in 2027

Samsung is locking in five-year chip deals as AI demand shows no signs of slowing

Xbox keeps sinking while Microsoft's AI business keeps soaring

Apple is the most valuable company in the world, again

China's CXMT surges nearly 500% in explosive Shanghai stock market debut

Intel just posted its best growth in 15 years – and burned billions to make it happen

Amazon, Meta, Microsoft, and other US tech giants are hiding $1.65 trillion in AI debt

Ripple effect: Amid growing talk of an AI bubble, a study by Japanese market analysts has found that five of the largest American technology companies are carrying a collective "hidden" debt of over $1.65 trillion, driven largely by massive spending on AI infrastructure. That undisclosed sum exceeds the $1.35 trillion the same companies have officially reported on their balance sheets, and it has grown eightfold over the past four years.

Samsung finally has its own credit card, seven years after Apple

Sony's digital-only future angers fans, but physical PlayStation games are barely selling