GOOGLE SUCCESSFULLY RUNS OPEN GEMINI MODEL ON SATELLITE TENSOR PROCESSING UNITS IN ORBIT • Google successfully executed the Gemma open model on Tensor Processing Units aboard an orbiting satellite. • Project Suncatcher marks the first successful AI response from a data-center-class TPU in space. • The initiative explores edge computing and artificial intelligence workloads operating beyond Earth. • Orbital data processing aims to reduce raw telemetry downlink requirements for satellite imaging. • Space-based inference supports real-time climate tracking, disaster response, and maritime surveillance. • Executing heavy tensor operations in space requires specialized thermal management and radiation hardening. • Satellite-based artificial intelligence reduces dependency on ground-station network backhaul links. • Edge space processing enables autonomous hazard detection directly on orbital sensor platforms. • Alphabet is expanding its hardware footprint from terrestrial hyperscale centers into orbital infrastructure. • The achievement validates the adaptability of Google's TPU architecture for extreme environments. • Aerospace analysts note that orbital compute reduces latency for remote sensing applications. • The project highlights the convergence of aerospace engineering and advanced machine learning hardware.

Corporate Earnings Summary: GE Vernova GE Vernova Inc. reported third quarter 2026 financial results on October 28, highlighted by strong order momentum, backlog expansion, margin progression, and operating cash generation. The company also announced a definitive agreement to acquire Trench Group for $9.00 billion to expand high-voltage grid equipment manufacturing, increased its share repurchase authorization to $20.00 billion, and raised its full-year 2026 financial guidance. See the link below for the full report:

HUT 8 ACQUIRES TWO POOLIN DATA CENTER SITES FOR $140 MILLION IN BANKRUPTCY AUCTION • Hut 8 submitted winning $140 million bid. • Assets include Pyote and Tarbush facilities. • Acquired through bankruptcy auction proceedings. • Adds significant industrial energy capacity. Background details: • The assets were liquidated under Chapter 11 bankruptcy filings submitted by mining pool operator Poolin. • The acquisition includes substantial energized substations and transmission capacity across Texas. • The purchase price represents nearly triple the initial bankruptcy stalking-horse reserve valuation of $52 million. • Hut 8 will utilize the sites to expand high-density infrastructure for both digital mining and AI computing pipelines. • Large digital asset mining operators continue acquiring distressed energy infrastructure to support computing power demands. • The transaction received formal operational review from federal bankruptcy courts.

Alphabet's $GOOGL negative free cash flow in Q3 2026 was primarily driven by heavy CapEx to build out its artificial intelligence and cloud infrastructure. CapEx surged 114% year-over-year to $51.36 billion, which outpaced the company's $42.3 billion in cash generated from operations.

How will the Elisity acquisition and share dilution impact $IONQ's upcoming earnings? Because both the Elisity acquisition and the recent $2 billion equity offering took place in mid-October 2026, they will have no direct impact on the historical results of IONQ's upcoming Q3 2026 earnings report (which covers the period ending September 30, 2026). Instead, the financial impacts will be reflected in management's forward-looking guidance and future quarters starting in Q4 2026. Expected to close in Q4 2026, the $1.3 billion all-stock acquisition is estimated by BofA Securities to contribute roughly $62 million in annual recurring revenue (ARR), establishing cybersecurity as a new monetization channel. The Elisity transaction is projected to add between 23 million and 35 million new shares. Furthermore, a concurrent $2.0 billion secondary offering in mid-October added 20.5 million common shares and 29.5 million pre-funded warrants immediately, with another 100 million long-term warrants pending, heavily diluting future earnings per share (EPS) metrics.

Amazon Web Services (AWS) is currently the primary performance catalyst for $AMZN. The cloud computing division is a critical growth engine and the center of Amazon's artificial intelligence (AI) strategy. The expected impacts on the stock focus on several key areas: Growth Acceleration: Wall Street analysts expect AWS third-quarter revenue growth to reach nearly 40% (up from 37% in Q2), driven by robust enterprise migration and generative AI model training. Reaccelerating growth is viewed as essential to support a higher valuation. Profitability and Margins: AWS remains Amazon's most profitable business segment, historically delivering around 60% of companywide operating profit with operating margins near 39.3%. Sustained high margins help offset slower growth or heavy spending in lower-margin segments. Justifying Capex: Amazon's capital expenditures are projected to hit $220 billion in 2026, largely directed toward AI data centers and custom chips. A strong performance by AWS serves as proof that this aggressive cash deployment is efficiently generating long-term revenue.

Wall Street consensus estimates expect Amazon $AMZN to report quarterly revenue of approximately $202.2 billion and earnings per share (EPS) of $1.96 to $1.97 for Q3 2026. Key metrics and company guidance for the report on October 29 include: Revenue Growth: The $202.2 billion estimate sits at the top end of Amazon's official Q3 guidance of $197 billion to $202 billion, representing roughly 12% growth year-over-year. Cloud (AWS) Performance: Investors are heavily focused on Amazon Web Services, where analysts expect year-over-year revenue growth to hold in the 35% to 37% range, driven by generative AI demand. Operating Income: Amazon guided for operating income between $22.5 billion and $26.5 billion.

In hunt for Starlink alternative, Ukraine partners with Nokia and satellite maker ICEYE https://t.co/YtXSn1YlEQ

SALESFORCE SIGNS DEFINITIVE AGREEMENT TO ACQUIRE LISTEN LABS IN ESTIMATED $2 BILLION TRANSACTION • Salesforce signed a definitive agreement to acquire AI customer research startup Listen Labs. • Financial media estimates the acquisition consideration at approximately $2 billion. • Listen Labs develops autonomous agents that synthesize and extract qualitative customer insights. • The transaction will integrate research intelligence directly into the Salesforce Agentforce suite. • The deal is scheduled to close in the fourth quarter of Salesforce fiscal year 2027.

ACCENTURE EXPANDS AI PARTNERSHIP BOOKINGS AHEAD OF FISCAL FOURTH QUARTER RESULTS • Accenture is on track to more than double contract bookings from emerging technology alliances. • Key growth partners include Nvidia, OpenAI, and Palantir. • The bookings expansion counters investor concern over artificial intelligence replacing IT consulting firms. • Roughly 60% of current company revenue originates from fixed-price client contracts. • UBS maintained a Buy rating on Accenture with a $275 price target.