Tag: Technology Hardware

Dell Technologies stock was climbing in the Wednesday premarket after the hardware company reported a major earnings and revenue beat that was powered by artificial-intelligence demand.

SLB agreed to acquire thermal management company Kelvion from private-equity funds for $4.1 billion. The oil drilling and production company said Monday that the acquisition is meant to strengthen its growing data center business.

China’s ​Huawei Technologies (HWT.UL) said on Wednesday it had reached a multi-year cross-licence agreement with HP Inc, covering ‌patents used in Wi-Fi technology, including the latest Wi-Fi 7 standard.

With more consumers turning to Apple’s computers for creating and running AI agents, the company is rolling out new Mac Mini and Mac Studio models with updated chips and other upgrades for artificial intelligence applications.

Cisco Systems forecast fiscal 2027 revenue above Wall Street expectations on Wednesday, signaling confidence that strong demand for its AI networking gear will continue to power growth.

Super Micro Computer  stock was surging in Wednesday’s premarket after the server maker’s fiscal fourth-quarter earnings smashed Wall Street estimates on accelerating artificial-intelligence demand.

Quantinuum  topped analysts’ estimates in its first quarterly report as a public company, though investors barely blinked. The real story may not be in the numbers.

Datadog reported second-quarter results that topped consensus estimates and raised its full-year outlook, but shares fell more than 21% in premarket trading Thursday, a move that may reflect profit-taking after the stock hit a fresh all-time closing high earlier in the week.

The flash memory and storage manufacturer issued revenue guidance for the company’s fiscal first quarter that came in below analyst expectations.

Wall Street was met with a tale of two quantum computing companies on Thursday, as IonQ stock extended gains following a stronger-than-expected quarterly earnings report, while shares of D-Wave Quantum headed in the opposite direction.

Apple shares fell 7% on Friday after a disappointing forecast showed that the iPhone maker was struggling to secure enough components as the AI-driven data center boom strains global ​supply chains.

Seagate Technology stock advanced in premarket trading Wednesday after the data-storage company reported another blowout quarter thanks to surging artificial-intelligence demand.

In the quantum space, commercial traction is often the strongest signal of progress. D-Wave Quantum QBTS just provided investors with some reassurance.

Circle Internet Group, Inc. (NYSE: CRCL), one of the world’s leading financial platform companies, today announced the acquisition of fundamental assets from the IBM blockchain patent portfolio.

Intel reported better-than-expected second-quarter results on Thursday, notching its fastest revenue growth rate for any quarter since 2011 and issuing guidance that topped expectations. The stock rose about 4% in extended trading.

IBM owered its 2026 forecast and delivered weaker earnings than analysts had projected on Wednesday, even after the company issued an earnings warning last week. IBM said it aims to widen its full-year pre-tax margin by about 1 percentage point through higher productivity.

Shares of Super Micro Computer jumped 15% after the server maker said Tuesday it now sees higher margins than previously projected for the June quarter, with a surge in new orders.

IBM stock was heading for its largest same-day plunge in nearly 40 years on Tuesday after the company’s preliminary second-quarter adjusted earnings and revenue missed analysts’ targets.

Global smartphone shipments fell 11% in the second quarter to their lowest level for the period ​since 2013, as a prolonged memory chip ‌shortage drove up handset prices and dampened demand, according to early estimates from Counterpoint Research.

Intel has begun a €5 billion ($5.7 billion) capital investment to upgrade its Irish campus and expand its ‌European output to meet growing global demand for AI and high-performance computing, ‌the U.S. chipmaker said on Monday. Intel said the move would upgrade and maximize capacity at its