Tag: Technology Hardware

Hewlett Packard Enterprise 1Q Revenue Drops on Server, Hybrid Cloud Hit

Hewlett Packard Enterprise said it had mixed results in its fiscal first quarter after seeing revenue drop due to its server and hybrid cloud business units.

HP misses first-quarter revenue estimates on sluggish demand in PC market

HP Inc missed Wall Street estimates for first-quarter revenue on Wednesday, marking a seventh straight quarter of decline, driven by sluggish demand in the personal computers (PC) market as customers delay system upgrades.

Apple Could Face EU Fine Over Spotify Complaint. Why It’s a Big Deal.

Apple is set to be hit with a €500 million ($539 million) fine by the European Union over allegations it broke antitrust rules by hindering access to its music streaming rivals on its platforms, according to reports.

Cisco Stock Falls. Why Wall Street Is Losing Patience Over Its AI Credentials.

Cisco Systems stock was supposed to be an artificial intelligence winner by now. But despite the shares getting ever cheaper, Wall Street still isn’t convinced it’s time to buy.

Arista Networks’ lukewarm Q1 forecast overshadows profit beat

 Cloud networking solutions provider Arista Networks forecast current-quarter adjusted gross margin below market expectations on Monday, overshadowing its quarterly profit beat and sending its shares down around 6% in extended trading.

Performance Technologies: Συνεργάζεται με την Dataphoria για την ανάπτυξη της αειφορίας της

Συνεργασία με τη Dataphoria, η οποία ειδικεύεται στην ανάλυση δεδομένων, ανακοίνωσε η Performance Technologies για την ανάπτυξη της αειφορίας της.

Nintendo hikes sales forecast of flagship Switch console to 15.5 million units

Nintendo said it now expects to sell 15.5 million of its flagship Switch consoles in its current fiscal year, upping a previous forecast.

Apple stock falls after company gives outlook suggesting weak iPhone sales

Apple reported fiscal first-quarter earnings on Thursday that beat estimates for revenue and earnings.

Super Micro surges as sales projection fuels AI rally

Super Micro Computer’s stock jumped almost 10% to a record high in extended trade on Monday, extending its recent AI-fueled rally after the server seller projected stronger-than-expected quarterly sales.

HP Enterprise Hit by Same Russian Hackers Who Attacked Microsoft and SolarWinds

Russian hack attacks on U.S. technology companies are picking up, and they are coming from a familiar source.

IBM’s ‘accelerating’ AI demand helps power stock higher after earnings

International Business Machines Corp.’s stock surged more than 8% higher in Wednesday’s extended session after the technology giant topped profit expectations for the latest quarter and called out an uptick in artificial-intelligence demand.

Nokia jumps 7% as it announces $653 million share buyback program, warns of challenging 2024

Nokia said on Thursday that it will begin a 600 million euro ($653 million) share buyback this quarter, after it reported that its profit plunged in 2023.

Η ΤΗΕΟΝ του Κρ. Χατζημηνά μπαίνει στο Euronext

Τα πρώτα ευρωπαϊκά IPO για το 2024 έχουν ελληνικό χρώμα.

Exclusive: Panasonic puts productivity boost ahead of new EV plant in US

Panasonic’s  opens new tab battery business must focus on boosting productivity, Group CEO Yuki Kusumi told Reuters, signalling the Tesla supplier may hold off building a third battery plant in North America as demand for electric vehicles cools.

Super Micro’s blowout numbers are latest bit of good news for chip industry

Super Micro Computer Inc. on Thursday delivered the latest upbeat signal for the chip industry.

Apple offers iPhone 15 at rare discount in China as competition intensifies

Apple is offering rare discounts on its iPhones in China, cutting retail prices by as much as 500 yuan ($70) amid growing competitive pressure in the world’s biggest smartphone market.

Hewlett Packard Enterprises to Buy Juniper Networks in $14 Billion Deal

Hewlett Packard Enterprise and Juniper Networks said HPE will acquire Juniper in an all-cash transaction for $40 a share, or about $14 billion.

Samsung warns fourth-quarter profit could plunge 35%, misses expectations

Samsung Electronics on Tuesday said it expects to post a 35% drop in operating profit in the fourth quarter of 2023.

Hewlett Packard Enterprise nears $13 billion deal to buy Juniper Networks – source

Hewlett Packard Enterprise is in talks to buy Juniper Networks  in a deal valuing the network gear maker at about $13 billion, a person familiar with the matter told Reuters on Monday.

Shares of Apple suppliers fall in Asia after Barclays downgrades the iPhone maker

Shares of Apple suppliers fall in Asia on Wednesday after Barclays downgraded Apple on concerns of demand weakness.