Tag: Technology Hardware

Cisco reports fourth straight quarter of declining revenue

Cisco reported a fourth straight quarter of declining revenue even as results topped analysts’ estimates. The stock slipped 2.5% in extended trading.

Super Micro Stock Sinks After Another Filing Delay for Earnings

Super Micro Computer the chip maker that became a target of short seller Hindenburg Research earlier this year, said it needs additional time to file its 10-Q form for earnings in the last quarter.

Arista Networks sees fourth-quarter revenue above estimates on steady demand

Arista Networks projected fourth-quarter revenue above Wall Street estimates on Thursday, as the growing foot print of data centers amid an AI boom lifted demand for its networking equipment.

Sony profit jumps as games offset weak movie showing

Sony said on Friday its operating profit rose 73% in the July-September quarter, with strong sales in its game and network business helping to offset weakness in movies.

Super Micro Stock Tumbles After Business Update. There Was No Full-Year Outlook.

Super Micro provided a worse-than-expected business update for its revenue Tuesday afternoon. The stock fell sharply.

Apple sales rise 6%, company seeing early iPhone 16 demand

Apple’s fiscal fourth-quarter results beat Wall Street expectations for revenue and earnings per share, but net income slumped after the company paid a one-time charge as part of a tax decision in Europe.

IBM stock slips on disappointing consulting and infrastructure revenue

IBM shares moved 3% lower in extended trading on Wednesday after the hardware, software and consulting provider fell short of Wall Street’s revenue expectations for the third quarter.

THEON: Εκτίναξη των προσαρμοσμένων κερδών στο 9μηνο

Ρεκόρ εσόδων ύψους €222,6 εκατ. για την Theon στο 9μηνο, καταγράφοντας αύξηση 92% σε σχέση με πέρυσι. Επιβεβαίωση των προβλέψεων για το οικονομικό έτος 2024.

Super Micro shares tumble 12% after DOJ reportedly opens probe into company

Super Micro Computer shares closed down 12% on Thursday after the Justice Department reportedly opened a probe into the company, which has been a major beneficiary of the artificial intelligence boom.

Raspberry Pi Sales Jump as Customers Splurge on Computers, Semiconductors — Update

Raspberry Pi Holdings reported a surge in sales for the first half after customers rushed to get their hands on computers and semiconductors as the inventory glut that has permeated much of the industry continues to unwind.

TSMC and Samsung Mull $100 Billion Chip Megafactories in U.A.E., Report Says

Chip giants Samsung Electronics an Semiconductor Manufacturing Co. are considering building megafactories in the Middle East, in a move that could transform the chip industry in the coming years.

Apple stock slides as reports suggest muted early iPhone 16 demand

Apple shares moved lower in early Monday trading following a trio of reports that suggest early demand for its new iPhone 16s is falling behind last year’s levels.

Huawei’s Mate XT stirs Chinese pride but $2,800 price tag panned

Huawei’s new tri-foldable smartphone has ignited nationalistic pride in China with social media abuzz with what supporters see as its ability to out-innovate Apple despite U.S. sanctions – even if many are balking at the phone’s $2,800 price tag.

Apple’s new AirPods are also hearing aids. Can they really save you thousands of dollars?

Apple said its hearing aid feature will boost frequencies “so sounds are clearer and more vibrant to your ears.” The company also said the feature will use “machine learning to make real-time adjustments as you go about your day.”

Apple must pay 13 billion euros in back taxes, EU’s top court rules

Europe’s top court on Tuesday ruled against Apple in the tech giant’s 10-year court battle over its tax affairs in Ireland.

Hewlett Packard Enterprise shares fall after $1.35 billion stock offering

Shares of Hewlett Packard Enterprises dropped in postmarket trading after the company said it has commenced a public offering of $1.35 billion of Series C mandatory company convertible preferred stock. The stock was down 5.2% to $16.68 on Monday. Shares have increased 3.7% since the beginning of the year.

Theon International: Εξαγόρασε την Harder Digital έναντι 34 εκατ. ευρώ

Η Τheon Intrenational PLC (THEON) ανακοινώνει την απόκτηση του 60% της Harder Digital group (Harder Digital), προχωρώντας σε επένδυση ύψους €34 εκατομμυρίων.

Dell and Palantir to join S&P 500; shares of both jump

Dell and Palantir both jumped about 7% in extended trading Friday after S&P Global announced that the companies would join the S&P 500 index.

HPE Reports Disappointing Margins on AI Server Business

Hewlett Packard Enterprise Co. reported weaker-than-expected margins, suggesting lower profitability than anticipated in its closely watched business of selling servers for artificial intelligence work.

Ciena Q3 Earnings: Revenue And EPS Beat, Operating Margin Decline, CFO Retirement And More

Ciena Corp reported a fiscal third-quarter 2024 revenue decline of 11.8% year-on-year to $942.3 million, beating the analyst consensus estimate of $927.2 million.