HPE reports Q1 revenue up 18% YoY to $9.3B, below $9.37B est., and Cloud and AI revenue down 2.7% YoY to $6.3B, but reports an AI server backlog of $5B
HPE reports Q1 revenue up 18% YoY to $9.3B, vs. $9.37B est., Cloud and AI revenue down 2.7% YoY to $6.3B but reports an AI server backlog of $5B
Sony reports Q2 revenue up 4.6% YoY to ~$20.3B, net profit up 6.7% YoY to ~$2.02B, 3.9M PS5s sold, and raises its FY operating profit forecast by 7.5% to ~$9.3B
Sony 6758 5.51%increase; green up pointing triangle Group raised its earnings forecasts after a stronger-than-expected second quarter …
Vercel, which offers cloud tools to make web and AI apps, raised $300M led by Accel and Singapore's GIC at a $9.3B valuation and considers a ~$300M tender offer
Artificial intelligence startup Vercel raised $300 million in a new funding round led by Accel and Singapore's sovereign wealth fund GIC Pte …
Micron reports Q3 revenue up 37% YoY to $9.3B, vs. $8.85B est., forecasts Q4 revenue above estimates, and says it's on track for record revenue this fiscal year
Dina Bass / Bloomberg :
Dell reports Q4 revenue down 11% YoY to $22.3B, vs. $22.2B est., Client revenue down 12% to $11.7B, and Infrastructure revenue down 6% to $9.3B; DELL jumps 15%+
and lifting Nvidia, AMD shares O'Ryan Johnson / CRN : Dell COO Jeff Clarke Says 2024 'Didn't Go As Planned' But Expects AI-Fueled Rebound Thurrott : Dell Records Double-Digit Revenue Declines in Lates...
Uber reports Q3 revenue up 11% YoY to $9.3B, a $221M net income, gross bookings up 21% YoY to $35.3B, trips up 25% YoY to 2.4B, and a record 6.5M drivers
Kellen Browning / New York Times :
A Delaware judge rules in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging the company overpaid for Netsuite's $9.3B acquisition in 2016
A Delaware judge has ruled in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging that he coerced …
A presentation in FTX's Chapter 11 case shows the crypto exchange identified ~$2.2B of assets in FTX.com wallets and a ~$9.3B net borrowing by Alameda Research
A presentation in FTX's Chapter 11 case shows the exchange has identified assets of ~$2.2B in FTX.com wallets and a ~$9.3B net borrowing by Alameda Research
So far, $2.2 billion in assets have been identified in the wallets of accounts associated with FTX.com, of which only $694 million are in the most liquid assets.