Tuesday 3 November 2026
Top stories today:
Apple Q4 FY26 revenue +12% YoY to $114.5B, net income +12%
Anthropic Q3 revenue surges 12x to ~$17B ahead of IPO
Palantir Q3 revenue +96% YoY, U.S. commercial revenue +148%
Salesforce to acquire AI contact center startup Cresta for $2.7B
NVIDIA requires cloud clients to sell 51%+ to non-Chinese firms
0. Data & Calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of hallucinations):
1. Apple Q4 FY26 revenue +12% YoY to $114.5B, vs. $113.4B est., net income +12%
+17% YoY in iPhone sales to $57.6B, vs. $56.5B est.
Mac sales +24% to $10.8B.
+21% in China revenue to $17.5B, vs. $18.9B est.
Services revenue +10% to $31.6B, in line with estimates.
Apple expects memory costs to rise in Dec. and beyond, John Ternus said.
iPhone accounted for 50% of Appleās total revenue, vs. 48% a year earlier
Separately, Apple is said to be developing a ~$1,000 tabletop robot with a 9ā screen and swiveling arm for release in 2027 or 2028.
Coresignal Monitors keeps your lead lists current. Turn any AI Data Search prompt into a standing monitor without touching the API.
Every week or sooner, we report new matching companies or employees, those that no longer match, and updated data records, by email or to your own webhook URL.
Pay for change, not repetition. Monitoring is free. Credits go only to the changed records you collect.
*Sponsored.
3. Anthropic Q3 revenue surges 12x to ~$17B, discloses $895.4B in commitments ahead of IPO
+292% YoY in operating expenses to $17.5B.
āSubstantially allā relate to compute and infrastructure, Anthropic said of its commitments.
Anthropic expects 3.5GW+ of compute capacity in 2026 as it diversifies beyond NVIDIA chips to Amazon, Google, and AMD.
The company aims to raise up to $3.5B from Japanese investors as part of its IPO.
Anthropic warns it may āimminently meetā its RSI threshold and fail to detect significant acceleration in AI development until after it occurs.
$1.5T-$1.6T Anthropic IPO valuation reportedly urged by investors, down from $2T amid tech selloff.
Granola, the AI notepad for people with back-to-back meetings, just announced a Voice-to-text feature. With Voice Typing, you can now dictate words in any app.
Because Granola has been in your meetings, it already knows your colleagues' names and your jargon, so the spelling is right the first time around. Unlimited words for all Granola users. Try it here.
1 month off any paid plan with code BAYAREATIMES.
*Sponsored.
5. Palantir Q3 revenue +96% YoY to $2.3B, vs. $2.2B est., U.S. commercial revenue +148%
~$8.53B in FY2026 revenue forecast by Palantir.
Get the chance to peek inside founders and leadersā brains and see how they think about going from zero to 1 and beyond.
Join thousands of weekly readers at Google, OpenAI, Stripe, TikTok, Sequoia, and more.
Check all the tools and more here, and outperform the competition.
*Sponsored.
7. Salesforce to acquire AI contact center startup Cresta for reported $2.7B
Cresta had raised $280M+ from investors including a16z, Sequoia Capital, and Tiger Global.
