Tag: Technology Hardware

IBM’s software sales disappoint, eclipsing AI mainframe revival

IBM (IBM.N),beat Wall Street estimates for second-quarter revenue and profit on Wednesday, but lower-than-expected sales in its mainstay software segment overshadowed a renewal in demand for the mainframe business spurred by AI upgrades.

Super Micro plans to ramp up manufacturing in Europe to capitalize on AI demand

PARIS – Super Micro plans to increase its investment in Europe, including ramping up manufacturing of its AI servers in the region, CEO Charles Liang told CNBC in an interview that aired on Wednesday.

IBM rolls out new chips and servers, aims for simplified AI

International Business Machines (IBM.N), on Tuesday announced a new line of data center chips and servers that it says will be more power-efficient than rivals and will simplify the process of rolling out artificial intelligence in business operations.

Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand

South Korea’s Samsung Electronics on Tuesday forecast a 56% fall in profits for the second quarter as the company struggles to capture demand from artificial intelligence chip leader Nvidia.

Datadog stock jumps 10% on tech company’s inclusion in S&P 500 index

Datadog shares were up 10% in extended trading on Wednesday after S&P Global said the monitoring software provider will replace Juniper Networks in the S&P 500 U.S. stock index.

HPE and Juniper finalise settlement with US DOJ on $14bn merger

Hewlett Packard Enterprise (HPE) and Juniper Networks have finalised a settlement with the US Department of Justice (DOJ) concerning their previously announced $14bn merger.

Apple’s ‘F1: The Movie’ roars to top of US, Canada box office

Apple’s high-octane racing film “F1: The Movie” roared to the top of the U.S. and Canadian box office this weekend, fueled by star-power and a finely-tuned marketing campaign, according to Comscore.

AVE: Μεταξύ 22 και 32 εκατ. ευρώ το τίμημα για το 40% της Bazaar

Διευκρινίσεις σχετικά με τη συμφωνία για την απόκτηση του 40% των σούπερ μάρκετ Bazaar δίνει η AVE με χρηματιστηριακή της ανακοίνωση.

D-Wave Puts Down Roots in South Korea. It’s a Push for Global Adoption of Quantum Computing.

D-Wave Quantum QBTS announced Tuesday that it had signed a memorandum of understanding with one of South Korea’s top private universities to catalyze the adoption of quantum computing in the country.

AVE: Αποκτά το 40% της αλυσίδας σούπερ μάρκετ Bazaar

Η θυγατρική Retail & More που διαχειρίζεται το εν Ελλάδι δίκτυο της Carrefour υπέγραψε μνημόνιο συνεργασίας για το 40% της αλυσίδας χονδρικής και λιανικής πώλησης τροφίμων και ποτών.

Exclusive: Foxconn sends 97% of India iPhone exports to US as Apple tackles Trump’s tariffs

Nearly all the iPhones exported by Foxconn from India went to the United States between March and May, customs data showed, far above the 2024 average of 50% and a clear sign of Apple’s efforts to bypass high U.S. tariffs imposed on China.

Hewlett Packard Enterprise CEO Sees ‘More Work to Do’ as Earnings Surprise

Hewlett Packard Enterprise stock rose after the company reported better-than-expected second-quarter financial results on Tuesday, though profit margins remained under pressure in its most important business.

NetApp shares fall 4% on weak guidance despite Q4 earnings beat

NetApp Inc. (NASDAQ:NTAP) shares fell 4.5% in after-hours trading Thursday as the data storage company’s first-quarter guidance fell short of analyst expectations, overshadowing better-than-expected fourth-quarter results.

Dell Earnings, Outlook Were Fantastic. The Stock Is Barely Budging.

Dell Technologies DELL stock was up—barely—after the company gave a strong revenue outlook for the current quarter.

Google begins direct online sales of Pixel phones in India

Google on Thursday began direct online sales of its popular hardware devices in India, including Pixel phones, watches and earbuds, ahead of an anticipated launch of its first physical stores in the South Asian nation.

HP sinks 15% as company misses on earnings, guidance due to ‘added cost’ from tariffs

HP reported second-quarter results that beat analysts’ estimates for revenue but missed on earnings and guidance, in part due to President Donald Trump’s sweeping tariffs. Shares sank 15% after the report.

Xiaomi reports record firs-quarter revenue as it launches new electric SUV

China’s Xiaomi (OTC:XIACF) on Tuesday reported record first-quarter revenue and profit, as the company said its ongoing shift towards higher-end products from smartphones to home appliances was already paying off.

Trump says a 25% tariff ‘must be paid by Apple’ on iPhones not made in the U.S.

President Donald Trump said in a social media post Friday morning that Apple will have to pay a tariff of 25% or more for iPhones made outside the United States.

China’s Xiaomi claims new phone chip rivals Apple at a cheaper price

Chinese smartphone company Xiaomi is taking on Apple’s iPhone with an advanced chip and a cheaper phone.

D-Wave Quantum shares soar 20% as company releases latest computing system

D-Wave Quantum’s latest quantum computing system has finally hit the market, the company said Tuesday.