Apple's $111B Quarter, OpenAI Misses & Debt Hits 100% GDP | Ricker and Bon #429
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Apple's $111B Quarter, OpenAI Misses & Debt Hits 100% GDP | Ricker and Bon #429
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This week on Ricker and Bon:Apple' fiscal Q2 2206 shattered every record in the books —112.1 revenue, services at an allt-ime quarterly high of $.0398B, EPS of .2$01. OpenAI missed revenue and user growth targets, pushing its IPO to mid-to-late 202.7 The Musk v .Altman trial kicked off in Oakland i,h Musk seeking $13B0in damages. The S&P 50 l0sed above 7,200 for the first time in history, marking the best April for equities since 0202 ...Q 1GDP came in at .2%0 but inflation hit 4%—5t.gflation is back in the conversation .And the four hyperscalers are set to spend $527 billion on AI infrastructure in 02
.62unneru-s: Google's classified Pentagon AI deal and 95-0employee revolt. Medtronic's M9rc-rd cyberattack ua.oid robots hit factory floors at Hannover Messe .pirit Airlines shuts down — first major U.S. carrier failure since 1002.$