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Corporate earnings have boomed, thanks in large part to investment in AI. In the second quarter of the year, corporate profits reached an all-time record of more than $4.7 trillion according to data from the U.S. Commerce Department.

Shopify (SHOP) spent most of 2026 as a falling knife, and then, in one session, it stopped falling. On August 5, the stock closed up 16.98% at $144.24, its reaction to a second-quarter report that beat on every line: revenue grew 34% to $3.58 billion, gross merchandise volume rose 32% to $116 billion, and free…

The software titan says artificial intelligence (AI) is more of an opportunity than a threat.

Samsung’s chip division experienced a 250-fold increase in profits, largely driven by high demand for AI hardware. Other companies like Palantir, Cloudflare, and Hon Hai also reported significant financial growth attributed to similar market demands.