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Kristal Lens by Kristal.AI

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Latest Issues

Credo 4QFY26 Earnings: The Proof Moved to Light

TL;DR:

  • Q4 strengthened the company but made the stock less forgiving: Credo proved it is more than an AI cable supplier, with FY26 revenue more than tripling, Q4 revenue up 157%, gross margin at 68.3%, and FY27 revenue guided above...
3 days ago

Zscaler 3QFY26: Upstream of the Wire

TL;DR:

  • Zscaler’s Q3 did not break the business, but it broke the re-rating case: revenue and ARR still grew 25%, margins hit a record, and platform metrics like Z-Flex, Zero Trust Everywhere, AI Protect, and non-seat usage continued sc...
4 days ago

Oracle's 4QFY26 Earnings: The Price of the Moat

TL;DR

  • Q4 validated Oracle’s AI “bridge,” but not for free: customer-funded / customer-supplied GPU contracts are now real enough to support the $638B RPO story, but Oracle still needs heavy financing, including more debt and equity...
4 days ago

Palo Alto 3QFY26 Earnings: The Firewall Comes Back as a Sensor

TL;DR

  • AI is turning cybersecurity into a runtime-control problem, not just a perimeter problem.

  • Palo Alto’s quarter strengthened the control-plane thesis, especially across XSIAM, AIRS, identity, observability and firewalls....

4 days ago

Snowflake 1Q27 Earnings: Second Interface Collapse

TL;DR

  • Snowflake’s Q1 FY2027 shifted the AI debate from “disintermediation risk” to “consumption accelerator,” with product revenue up 34%, NRR at 126%, and guidance raised by more than the quarterly beat.

  • CoCo is the key archit...

5 days ago

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