Microsoft’s corporate vice president of Surface, Brett Ostrum, unveiled a new line of AI-powered laptops at an event held at Microsoft campus in Redmond, Washington. These laptops will integrate Copilot AI assistant deeply into the Windows operating system and introduce features like Windows Recall, giving the AI assistant a “photographic memory” of virtual activities. One … Read more
Nvidia is set to announce its earnings on Wednesday, with options markets suggesting an 8.7% potential move in the stock price by Friday, amounting to a $200 billion shift in market capitalization. The company’s impressive profits this year have elevated it to the position of the third-largest company on Wall Street by market capitalization, trailing … Read more
VMware Inc VMW reported a Q2 FY24 revenue increase of 2% Y/Y to $3.41 billion, missing the consensus of $3.46 billion. Subscription and SaaS revenue increased 34% Y/Y to $1.26 billion. Subscription and SaaS ARR were up 36% Y/Y to $5.31 billion. Non-GAAP operating income rose 1% Y/Y to $977 million. Non-GAAP EPS of $1.83 beat the consensus … Read more