Thursday, May 14, 2026

Foxconn reports Q1 revenue up 29% YoY to ~$67B and net profit up 19% YoY to ~$1.6B, meeting est., as it boosts AI server production, its largest revenue source (Wall Street Journal)

Wall Street Journal:
Foxconn reports Q1 revenue up 29% YoY to ~$67B and net profit up 19% YoY to ~$1.6B, meeting est., as it boosts AI server production, its largest revenue source  —  Cloud and networking products—including AI servers—remained the company's largest revenue contributor



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IT management platform NinjaOne raised $400M in a secondary share sale at a $12.3B valuation, up from $5B in February 2025, and says its ARR has hit $600M (Rebecca Torrence/Bloomberg)

Rebecca Torrence / Bloomberg : IT management platform NinjaOne raised $400M in a secondary share sale at a $12.3B valuation, up from $5B ...