可乐幸运星

I watched Meng Li’s video analyzing Intel’s ($INTC ) Q3 2026 earnings report. Combining it with the latest market reaction, I’ve put together an investor-focused breakdown to share with everyone.
Key earnings figures (a mix of highlights and contradictions)
Total revenue was $16.5 billion, up 21% year over year.
Data Center and AI (DCAI): Revenue was $7.3 billion, surging 78% year over year (the strongest growth in nearly 15 years). Operating profit exceeded $3 billion, with a margin of about 41.5%. Demand was driven mainly by agentic AI and Xeon server CPUs, with customers including hyperscalers, enterprises, and emerging cloud providers. The CFO said demand far outstrips supply, and revenue could even exceed expectations by nearly $10 billion by year-end.

Many people investing in AI focus only on GPUs, overlooking a more sobering fact: the biggest incremental demand is coming from storage, driven by large-model inference, KV cache, and long-context multimodal workloads.
$SNDK This earnings report put the “AI storage supercycle” front and center.
In the latest fiscal quarter, data center revenue surged 1,682% year over year—nearly 17-fold—and non-GAAP gross margin climbed to 85.1%, far surpassing the industry's historical norm. Revenue and EPS both beat guidance across the board, while free cash flow came in at a staggering level.
NAND used to be a classic cyclical business, with its ups and downs driven entirely by supply, demand, and pricing dynamics. Gross margins were kept low for years. This cycle is completely different.

Disclaimer: Just my personal review; this is not investment advice ☕
Through this whole memory-stock rally, I’ve had two voices pulling me in opposite directions. This time, the $SNDK earnings report just came out, and the two sides suddenly lined up.
One voice is caught up in a bullish fantasy: AI inference will need huge volumes of high-capacity QLC, NBM long-term contracts will lock in future orders, and equipment bottlenecks will keep supply in check, making it impossible to ramp up production recklessly. Free cash flow will pour in, buybacks will be aggressive, and gross margins will remain comfortably high. In this scenario, the old curse of cyclicality has been broken. It’s no longer an ordinary cyclical stock that swings wildly, but a core asset in AI infrastructure that steadily generates profits. Better yet, a blockbuster earnings report could unveil a massive new long-term contract, putting the bears in their place and sending the stock chart racing toward its dream price.

The storage sector has recently posed a question full of trading intrigue: Seagate beat earnings expectations, yet its shares plunged 5.5% after hours; Micron surged 8.4% in three days. SanDisk is up next with its earnings report. Will it repeat Seagate’s “sell the news” plunge, or follow Micron’s path of sustained gains?
Many people lump Seagate, Micron, and SanDisk together as “storage stocks”—and that’s exactly the kind of trap that’s easy to fall into when trading. Today, riding this hot topic, we’ll break down SanDisk’s history, differences in business models, the two sides of the market debate, and the earnings date and key metrics to watch.

Two data releases at 8:30 tonight will decide whether rates go up in December—my personal take
Guys, we’ve just come through the Fed decision: Warsh held rates steady (3.75%–4%), but two hawks dissented, calling for a rate hike. The market has now pushed the odds of a December hike to around 85%.
At 8:30 p.m. Beijing time tonight, the U.S. preliminary Q3 GDP reading and September PCE (the Fed’s favorite inflation gauge) will come out together. These two releases will basically be the “final verdict” on whether rates go up in December.
My personal take, in plain English:
If the data come in hot (strong GDP + core PCE rises instead of falling)

Microsoft and Google reported earnings at the same time, with the two tech giants delivering sharply contrasting results and markets caught in a tug-of-war.
⭐Bottom line: Microsoft beat expectations overall, while Google fell short overall.
Microsoft beat expectations on both revenue and EPS, while Azure growth came in at a blistering 48%—well above the market’s 44%–45% forecast. Google’s cloud business, meanwhile, surged 103%, beating expectations, but its advertising core and EPS both fell clearly short, and free cash flow burned through more cash than the market had anticipated. On one side is the narrative that “AI gains are beginning to pay off”; on the other, concerns that “the advertising foundation can’t hold up.” Market sentiment has been pulled sharply in opposite directions.