Revenue Growth

Despite Meta’s planned $14.3B investment interpreted by some as an acquihire and subsequent paused collaborations with OpenAI, Google, and xAI, Scale AI’s CFO Dennis Cinelli insists the company is thriving. He claims recent significant deals and growth in both its data and applications businesses, including contracts with the U.S. Department of Defense, have resulted in revenue “well into the nine figures,” approaching $1 billion. Scale AI is expanding and hiring, aiming to solidify its position in the AI development landscape.

HSBC CEO Georges Elhedery and General Atlantic CEO William Ford addressed concerns about the disconnect between massive AI infrastructure investments and revenue growth at a Hong Kong summit. While acknowledging AI’s transformative potential, they cautioned that significant productivity gains and consumer willingness to pay for AI-driven services are longer-term prospects, potentially lagging behind investor expectations. Ford compared AI to railroads and electricity, technologies with profound impacts realized over extended periods, highlighting the need for patience and awareness of early-stage pitfalls like capital misallocation.

Fiserv’s shares plummeted 44% after slashing its earnings outlook and announcing a leadership shakeup. The company lowered its full-year adjusted EPS forecast to $8.50-$8.60 and revenue growth to 3.5%-4%, citing deteriorating economic conditions in Argentina as a factor. Q3 adjusted EPS and revenue also missed estimates. Takis Georgakopoulos and Dhivya Suryadevara will share the co-president role, and Paul Todd is the new finance chief. Three new members will join the board in 2026. Fiserv is transferring its stock listing to the Nasdaq.

Meta (META) shares were volatile after Q3 results, despite exceeding revenue expectations with a 26% YoY increase to $51.24B. While EPS beat estimates, a $16B tax charge and increased capex guidance for AI investments in 2026 concerned investors. Meta emphasized the strategic importance of AI for advertising and future opportunities, citing strong user engagement and monetization. Q4 revenue is projected at $56B-$59B, with increased spending expected.

VSee Health (NASDAQ:VSEE) announced on October 23, 2025, record revenue growth and the elimination of over $5 million in legacy SPAC debt. This strengthens the company’s balance sheet, boosts creditor confidence, and aids NASDAQ listing compliance. Management highlighted shareholder support and views this as positioning VSee Health for sustained long-term growth. The company aims to capitalize on the telehealth sector’s expansion with its scalable, API-driven platform.

Lithia & Driveway (NYSE: LAD) reported record Q3 2025 revenue of $9.7 billion, a 5% year-over-year increase, and diluted EPS of $8.61, up 11%. Adjusted diluted EPS rose 17% to $9.50. Key highlights include same-store revenue growth of 7.7%, a 9.1% increase in aftersales gross profit, and repurchase of 5.1% of outstanding shares. LAD acquired Palm Beach Acura, West Palm Beach Hyundai, and West Palm Beach Genesis in September, adding $220M in annualized revenue. A dividend of $0.55 per share was declared.

Salesforce is aggressively countering growth concerns with an ambitious long-term financial roadmap presented at Dreamforce. The company projects $60 billion in annual revenue for fiscal year 2030 and aims for at least 10% average annual organic revenue growth between fiscal years 2026 and 2030. Key to this strategy is leveraging AI, particularly through Agentforce, and focusing on core offerings. While some analysts remain cautious, others have reiterated buy ratings, reflecting renewed investor optimism in Salesforce’s ability to navigate the evolving tech landscape and achieve its targets.

Salesforce projects revenue exceeding $60 billion by 2030, aiming to reassure investors amid growth concerns. This excludes the Informatica acquisition, expected to enhance data integration. While targeting over 10% organic growth, Salesforce faces skepticism due to AI code generation tools. CEO Benioff downplays AI’s imminent takeover, emphasizing human expertise. The company is focusing on its Agentforce software to automate customer service, despite slow early adoption. Partnerships with Anthropic and OpenAI aim to bolster Agentforce’s AI capabilities, showcased at Dreamforce with implementations at companies like FedEx and PepsiCo.

Michael Dell acknowledges booming AI server demand while anticipating a potential saturation point. Fueled by AI’s evolution, Dell’s server and networking business surged, with AI servers integrating Nvidia chips used by CoreWeave and xAI. Dell raised revenue and EPS growth expectations, projecting $20B in fiscal 2026 AI server shipments. Power consumption is a key challenge, as highlighted by OpenAI’s energy-intensive data center plans, requiring focus on energy-efficient solutions and infrastructure development.

Boost Run, an AI cloud infrastructure provider, is going public via a $614 million SPAC deal with Willow Lane Acquisition Corp. (WLAC). The merger aims to capitalize on surging demand for AI computing solutions. Boost Run projects rapid revenue growth and high profitability, fueled by strategic GPU purchases and software development. Key advantages include partnerships with Lenovo and TierPoint, and a secure, bare-metal platform. The combined company, Boost Run, Inc. (BRUN), will trade on Nasdaq, pending customary closing conditions.