The Latest Breaking News from Melissa Otto

Meta’s revenue surges 26% to $64.6 billion, but billions in settlements and skyrocketing AI spending turn screws on profit, free cash flow

Meta exceeds revenue estimates as capex nearly doubles from a year ago.

Fortune · Oct 21

SpaceX posts first operating profit as public company as AI revenue nearly triples to $7.6 billion—cruising past Starlink

Computing leases, the Cursor acquisition, Grok, and reported deals with Anthropic and Google pushed AI revenue past Starlink for the first time as a public company.

Fortune · Oct 20

Nvidia gave its first-ever year-ahead forecast—a 70% growth bombshell meant to silence AI bubble critics and ‘circular financing’ doomsayers

Nvidia’s stock climbed more than 4% in after-hours trading after delivering a blowout quarter and projecting $100 billion more revenue than analysts were expecting for next fiscal year.

Fortune · Aug 27

Meta is spending up to $145 billion this year on AI. When asked about signs of ROI, Zuckerberg said ‘that’s a very technical question’

CEO Mark Zuckerberg is planning to spend more on infrastructure in 2026 than Meta did in all of 2024 and 2025. Meta's stock fell 6% in after-hours trading.

Fortune · Apr 29

Oracle blows investors away with 22% ‘hyper growth’ — but cash flow crunches to negative $24.7 billion

Free cash flow at the enterprise software giant has tumbled over the past year as the company races to spend $50 billion on AI.

Fortune · Mar 10

Netflix may be turning into an 'entertainment giant,' but its stock looks like 'dead money' to investors

"They had this really great profitability story," S&P's Melissa Otto says. But when that feels priced in, "that's probably going to spoil the market."

Fortune · Jan 31

Analyst Says Netflix-Warner Bros Merger Is About More Than Movies— It's An AI Play

Netflix Inc.‘s (NASDAQ:NFLX) $82.7 billion acquisition of Warner Bros. Discovery (NASDAQ:WBD) is a bet on artificial intelligence and chips as much as movies and shows, according to Melissa Otto, head of research at SP Global Visible Alpha.

Benzinga · Dec 6, 2025

Top analyst says Netflix’s $72 billion bet on Warner Bros. isn’t about the ‘death of Hollywood’ at all. It’s really about Google

“If I were Netflix,” S&P Global’s Melissa Otto told Fortune, “I would want to build a moat around my business.”

Fortune · Dec 5, 2025

With all eyes on Apple’s next earnings report, one research firm calls on Tim Cook to step aside

Apple’s stock is down about 16% year to date.

Fortune · Jul 16, 2025