Q2 Earnings Season Highlights from AMD, DBS, Zillow, and MNTN

실적/어닝스 | Thu Aug 06 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 6 sources

AMD posted a revenue surge driven by soaring AI chip demand, while DBS, Zillow, and MNTN delivered strong Q2 results.

Analysis

[AMD] posted 50% Q2 revenue jump and guided for over 100% data center growth ^[4]

• Q2 revenue of $11.54 billion beat market expectations of $11.28 billion
• Data center revenue grew 107% year-over-year to $6.7 billion
• Projected server revenue growth of 80% in H2 2026 and over 70% in 2027
• Stock up 132% year-to-date on AI boom tailwinds

[AMD] saw stock drop 7% despite strong earnings amid Musk's Nvidia preference controversy ^[4][6]

• Stock fell 7% despite strong Q2 results and over 100% data center growth guidance
• Elon Musk stated SpaceX will exclusively use Nvidia AI chips
• Lisa Su expressed commitment to continuing long-term partnership with SpaceX
• Deutsche Bank noted results slightly beat consensus but fell short of optimistic estimates

[AMD] maintained majority buy ratings from Wall Street analysts ^[4][5]

• Analysts see further upside despite post-earnings stock decline
• Position in AI chip market and growth visibility highlighted
• Investing in supply chain amid expanding customer computing demand

[DBS Group Holdings] delivered Q2 earnings surprise and raised 2026 guidance ^[1]

• Surge in wealth management-based fee income drove results
• Q2 net profit exceeded market expectations
• Singapore bank raised its 2026 annual guidance

[Zillow Group] reported 18% Q2 revenue growth with strong rental segment momentum ^[2]

• Q2 revenue rose 18% year-over-year to $772 million
• Rental agreements growing faster than home purchases
• emerging as growth driver
• Confirmed diversification success for the online real estate platform

[MNTN] posted 21% Q2 revenue growth amid strong connected TV advertising market ^[3]

• MNTN Q2 revenue rose 21% year-over-year
• CEO Mark Douglas discussed streaming ad market outlook
• Streaming ad market highlighted alongside earnings from major media companies like Disney

Sources

• [1] DBS Profit Beats Estimates as Singapore Lender Raises Guidance - Bloomberg Markets
• [2] Zillow’s Revenue Jumps as Rentals Offer ‘Bright Spot’ - Bloomberg Markets
• [3] MNTN CEO on Disney’s Ad Business, Streaming Wars Outlook - Bloomberg Markets
• [4] Lisa Su brushes off Musk's Nvidia commitment as AMD stock sinks after earnings - CNBC World Markets
• [5] AMD to outperform despite post-earnings slide, Wall Street analysts say - CNBC Investing
• [6] Lisa Su brushes off Musk's Nvidia commitment as AMD stock sinks after earnings - CNBC Earnings