Tag: Technology Hardware

Shares of Datadog surged Thursday after the monitoring and analytics platform reported better-than-expected earnings and revenue for the first quarter.

Apple Inc. has held exploratory discussions about using Intel Corp. and Samsung Electronics Co. to produce the main processors for its devices in the US, a move that would offer a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing Co.

Apple issued a better-than-expected revenue forecast for the current period after beating on sales and earnings in the fiscal second quarter. The stock rose about 3% in extended trading.

Sandisk shares fell 6.3% in premarket trading Friday even as the company posted excellent fiscal third-quarter earnings the prior afternoon. Analysts are sticking by the flash memory supplier.

Hard-drive maker Seagate Technology (STX) reported third-quarter sales and earnings results well in excess of Wall Street expectations.

Shares in SAP (SAP) were rallying on Friday after the German tech company reported better-than-expected first-quarter profit and reiterated its 2026 cloud revenue outlook, with a caveat.

International Business Machines Corp. posted quarterly sales in its software unit that were in line with estimates, failing to shake investor concerns about AI disruption to its business.

Apple (AAPL) on Monday named longtime hardware boss John Ternus as its next CEO, turning ​to another insider to steer the iPhone maker after Tim Cook as it navigates a world radically altered by artificial intelligence, a technology it has lagged on.

Apple’s (AAPL.O), iPhone shipments surged 20% in China in the first quarter, ​for the strongest growth among major vendors, despite an overall decline ‌as rising prices of memory chips boosted costs, data from Counterpoint Research showed.

Taiwan Semiconductor Manufacturing (TSM) reported a sharp rise in quarterly profit as it rides the wave of demand for artificial-intelligence chips. 

Amazon agreed to acquire satellite operator Globalstar in a deal that would boost the tech giant’s efforts to build its own satellite operation.

Sandisk stock was rising on Monday after Nasdaq said it would be adding the flash memory product supplier to the Nasdaq 100 index.

Alibaba Cloud is investing in a new type of artificial intelligence designed to better replicate the real world using a different approach from chatbots such as OpenAI’s ChatGPT.

Apple’s (AAPL) iPhone continued strong sales last month, thanks to the popularity of the iPhone 17 line, Bernstein analysts wrote in an investor note on Monday.

Oracle on Monday appointed Hilary Maxson as chief financial officer, tapping ​an executive with experience in infrastructure and ‌energy to steer its efforts to meet surging demand for artificial intelligence and cloud services.

Taiwan’s ​Foxconn, the world’s largest contract electronics maker, reported a 29.7% ‌on-year rise in first-quarter revenue on strong demand for artificial intelligence products, though it cautioned about “volatile” global politics.

Amazon (AMZN) is reportedly in negotiations to acquire satellite company Globalstar (GSAT). But Apple (AAPL) might pose an obstacle to a purchase that would boost the e-commerce company’s push into space.

Apple announced a significant expansion of its American Manufacturing Program on Thursday, bringing four new partners — Bosch, Cirrus Logic, TDK, and Qnity Electronics — into its domestic supply chain.

Chinese smartphone and electric vehicle giant Xiaomi (1810) will invest at least 60 billion yuan ($8.70 billion) ​in artificial intelligence over the next three years, CEO Lei Jun said ‌on Thursday.

Jabil (JBL) stock rose Wednesday after the supplier of electronic parts reported better-than-expected quarterly results and lifted its outlook for the fiscal year.