HubSpot beat the number, turned profitable, and still got sent to the drop zone. Meanwhile, a 24-year-old closed Detroit’s final PGA Tour event with a 26-footer.
THE DRIVE: HubSpot Beat. Guidance Three-Putted.
HubSpot posted $911.7 million in Q2 revenue, up 20%, and flipped last year’s GAAP operating loss into $43.3 million of operating income. Then the market stared past the scorecard at softer guidance and sent the stock down roughly 20%. This week’s Triple Bogey Award goes to the phrase “great quarter, but.”
“Scaling companies want real outcomes and predictable pricing when adopting AI.” — Yamini Rangan
Read HubSpot’s results and the market reaction.
THE FAIRWAY: Thor Closed Detroit With a Hammer
Michael Thorbjornsen started Sunday four back, shot a bogey-free 63, and buried a curling 26-footer on 18 to win the final Rocket Classic by two. First PGA Tour win, FedExCup spot secured, tournament lights switched off. That is not a close. That is sending the DocuSign while the clubhouse is stacking chairs.
THE GREEN: Palantir Found Another Gear
Palantir’s U.S. commercial revenue jumped 149% year over year to $764 million, while remaining U.S. commercial deal value more than doubled to $6.24 billion. Somewhere, an AE just renamed every open opportunity “strategic AI transformation.” This Week’s Hole-in-One Award goes to growing fast enough that “pipeline coverage” becomes a rounding error.
“Forget consensus.” — Alex Karp
FROM THE CLUBHOUSE: The Cloud Bought Its Caddie
Nscale agreed to acquire Anyscale, reportedly for about $1.65 billion, combining GPUs, data centers, and power with the software layer teams use to scale AI workloads. Translation: owning the golf course was no longer enough, so they bought the caddie, range, cart fleet, and yardage book. Vertical integration is just bundling with better posture.
Read the acquisition announcement.
THE CADDIE’S CORNER: The Ball Had Cruise Control
This week’s internet-golf rabbit hole is a PGA Memes clip of President Trump’s “winning shot” at Bedminster. The ball appears to hit the brakes near the cup, and the comments immediately hired a rules official, a ballistics expert, and three conspiracy theorists.
19TH HOLE INSIGHT
HubSpot won the quarter and lost the afternoon. Thorbjornsen won the tournament on the final putt. The lesson: buyers, markets, and scorecards all remember the finish.
Got a story tip, SaaS scoop, or golf take for the next issue? Drop it at gtmgolfclub.com and we’ll take it from the rough.
