SEC filings, read for you.

Microsoft reported under Item 5.02 that director Emma N. Walmsley, who has served on the Board since 2019, told the company on November 4, 2026 that she will not stand for re-election at the 2026 annual shareholder meeting. She will remain a director until that meeting. The filing states her decision is not due to any disagreement with management on operations, policies, or practices.

Apple's fiscal 2026 net sales rose 15% to $478.8 billion, led by iPhone (+21% to $254.1 billion) and Services (+13% to $123.3 billion), with net income of $132.2 billion and diluted EPS of $8.98. Gross margin rose to 48.8%, partly because of tariff refunds and product mix, while R&D jumped 32% on AI infrastructure. The company flags intensifying memory and storage supply constraints and rising costs, and heavy AI-related risk disclosure. It returned about $101.5 billion to shareholders through $85.8 billion of buybacks and $15.7 billion of dividends.

JPMorgan reported Q3 2026 net income of $15.3 billion (up 6%) and diluted EPS of $5.57 on revenue of $50.2 billion (up 8%), driven by higher Markets, deposit and card net interest income, asset management fees and investment banking fees. Expenses rose 12% to $27.3 billion, and $658 million of net investment securities losses weighed on results. Credit costs fell with a $2.7 billion provision, and the CET1 ratio was 14.0% versus 14.8% a year earlier. Risk Factors refer back to the 2025 Form 10-K, so there is no change in risk factors.

Amazon's Q3 2026 net sales rose 12% to $201.9 billion and operating income rose to $28.1 billion from $17.4 billion, led by AWS sales growth of 39%. Net income fell slightly to $20.7 billion because last year's quarter included a large Anthropic-related gain. Capital spending and financing surged: Q3 cash capex was $75.9 billion, long-term debt rose to $173.1 billion, and trailing twelve-month free cash flow was negative $42.4 billion. Amazon guides Q4 net sales of $240-247 billion and operating income of $28.5-33.5 billion, and still expects about $220 billion of 2026 cash capex.

Alphabet's Q3 2026 revenue rose 25% to $127.6 billion, driven by Google Cloud revenue more than doubling (+103% to $30.7 billion) and Google Services growing 11%. Operating income rose 30% to $40.6 billion, but net income fell 25% to $26.2 billion because other income swung to a $8.2 billion loss from unrealized equity losses, largely SpaceX. The company is funding a very large AI infrastructure build-out with debt, equity and preferred issuance, with capex of $132.0 billion in nine months and $924.4 billion of purchase commitments.

Meta Platforms agreed to sell 250,000,000 depositary shares, each representing a 1/20th interest in a share of 6.50% Series A Mandatory Convertible Preferred Stock ($1,000 liquidation preference per preferred share), and the offering closed October 29, 2026. Separately, it entered forward sale agreements covering 40,000,000 Class A shares at an initial forward price of $622.91875 per share, with no initial proceeds to Meta. The preferred converts automatically around August 15, 2029 into 1.3620 to 1.6000 Class A shares per preferred share, and it restricts common dividends and buybacks while dividends are unpaid.

Tesla's Q3 2026 revenue was flat at $28.05 billion, while net income attributable to common stockholders fell 43% to $787 million as R&D and stock compensation rose sharply. Gross margin improved to 19.6% (from 18.0%), helped by $786 million of tariff refunds booked to cost of revenues. Capital spending is surging on super intelligence (SI) initiatives, and Tesla signed $30 billion of new credit facilities in September. The board also formed a special committee to explore deepening ties with SpaceX, including a possible business combination.

IBM reported Q3 2026 revenue of $17.1 billion, up 5% (6% at constant currency), led by Software (+8%) and Infrastructure (+4%), with Consulting flat. GAAP diluted EPS from continuing operations was $2.31 versus $1.84, and operating (non-GAAP) EPS was $2.95 versus $2.65. IBM kept its full-year constant currency revenue growth outlook at 4-5% and raised its free cash flow outlook to growth of more than $1 billion year over year. It declared a regular quarterly dividend of $1.69 per share.

Netflix reported Q3 2026 revenue of $12.87 billion, up 12% (11% constant currency), with operating income up 37% to $4.46 billion and a 34.6% operating margin versus 28.2%. Net income rose 44% to $3.66 billion, diluted EPS $0.87. The company repurchased $4.8 billion of stock in the quarter, issued $1 billion of new notes, and says no material changes to risk factors since the 2025 10-K.

Costco disclosed that on October 13, 2026 its Compensation Committee approved fiscal 2027 executive bonus criteria, with the Nominating and Governance Committee approving the environmental and social criteria. Executive officers other than the CEO are eligible for base bonuses of $400,000, and the CEO for $1.2 million, tied to sales, pre-tax income and environmental and social goals. The Fiscal 2027 Executive Bonus Plan is attached as Exhibit 10.1.

NVIDIA reported Q2 FY2027 revenue of $96.2 billion, up 106% year over year and 18% sequentially, with net income of $59.7 billion and a 75.0% gross margin, driven by Blackwell Ultra data center demand. The company sharply expanded its balance-sheet commitments: supply commitments rose to $279 billion, it issued $25 billion of debt, and in August 2026 it signed guarantees capped at $105 billion for an OpenAI-related data center buildout. It also raised its dividend to $0.25 per quarter and added $80 billion to its buyback authorization, while China data center sales stay effectively blocked.