Hewlett Packard Company reported strong financial results for the April quarter, with revenue of $7.2 billion, up 3% year-over-year. The company’s earnings per share were above expectations, driven by demand for AI servers. CEO Antonio Neri mentioned the availability of H100 chips was much better than in previous quarters, resulting in backlog orders for AI … Read more
A recent report from Canalys confirms the crucial role that the IT channel sector plays in the tech industry. Suppliers rely on partners to deliver solutions and expand their reach, while end-user organizations depend on their expertise to support operational needs. However, there are instances where supplier decisions raise concerns about their dependability. One such … Read more
Nutanix, a technology company listed on the NasdaqGS under the symbol NTNX, recently reported their third quarter 2024 financial results. The company’s revenue for the quarter was US$524.6 million, representing a 17% increase from the same period in 2023. Nutanix also reported a net loss of US$15.6 million, which was a significant improvement of 78% … Read more
Nutanix, a company in the IT industry, is experiencing a period of growth and success. This can be attributed to its ability to adapt to the changing needs of enterprise IT infrastructure. While some may credit Nutanix’s success to capitalizing on market confusion caused by Broadcom’s acquisition of VMware, there is more to it than … Read more
Journalist Shweta Taneja attended Google I/O, the company’s annual developer conference, where she had the opportunity to experience Project Astra, Google’s new AI virtual assistant. During her time in the AI sandbox, co-founder Sergey Brin made a surprise appearance, expressing concern about the room’s temperature and ensuring the comfort of the journalists present. The event … Read more
Oracle’s $28 billion acquisition of electronic health records company Cerner in December 2021 has encountered obstacles, according to a report by Bloomberg. Following the acquisition, Oracle has witnessed a loss of significant customers, prompting a shift in focus from creating innovative products to modernizing legacy systems. Engineers were reportedly caught off guard by the complexities … Read more
NVIDIA Corporation has reported strong quarterly results, exceeding revenue expectations and beating earnings per share estimates by 15%. Analysts have adjusted their forecasts based on these results, showing increased optimism for the company’s future performance. The consensus forecast for NVIDIA’s revenues in 2025 is $120.5 billion, with earnings per share expected to reach $25.57. Analysts … Read more
NVIDIA, a chipmaker heavily involved in the artificial intelligence industry, reported strong earnings for the quarter ended April 28. The company’s revenue increased by 18% compared to the previous quarter and an impressive 262% compared to the same period a year earlier, reaching $26 billion. This exceeded Wall Street expectations, with analyst estimates averaging $24.65 … Read more
NVIDIA reported first-quarter earnings that exceeded expectations, accompanied by a 10-for-1 stock split and a higher dividend. The company’s adjusted earnings per share were $6.12 with revenue of $26 billion, representing significant increases from the previous year. Analysts expected earnings per share of $5.65 on revenue of $24.69 billion. The company also announced a revenue … Read more
NVIDIA Corp. has provided a positive sales forecast, indicating the continued strong investment in AI computing. The company predicts a second-quarter revenue of around $28 billion, surpassing analysts’ expectations of $26.8 billion. CEO Jensen Huang expressed optimism about the impact of AI on various industries, highlighting its potential for boosting productivity and revenue. NVIDIA has … Read more