Quarterly

Oracle said on Monday it is set to make a joint announcement with chip-giant Nvidia, and it beat estimates for quarterly profit, riding on the generative AI demand boom, sending shares up nearly 14% in extended trading.The late-day rally in Oracle's shares added more than $40 billion to its stock market value.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk…

Chinese electric-vehicle maker Li Auto expects a sequential drop in deliveries in the first months of 2024, after a blockbuster quarter in which sales and profit more than doubled during the tail end of 2023. Chinese electric-vehicle maker Li Auto expects a sequential drop in deliveries in the first months of 2024, after a blockbuster quarter in which sales and profit more than doubled during the tail end of 2023. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is…

Semiconductor equipment supplier Applied Materials forecast better-than-expected second-quarter revenue on strong demand for advanced chips used in artificial intelligence and a recovery in the personal computer market, sending its shares up 12% after the bell on Thursday.Strong spending from cloud computing service providers and the rise of AI-embedded personal computers are driving demand for more advanced chips and by extension, for chip making equipment too.Elevate Your Tech Prowess with High-Value Skill…

Gaming and media firm Nazara Technologies on Tuesday said its profit after tax grew 47% on year to Rs 29 crore for the quarter ended December 2023.Revenue for the quarter, however, grew by 2% to Rs 320 crore, up from Rs 315 crore a year ago. For the nine months ended December 2023, the firm saw its revenue grow by 9% to Rs 872 crore, while profit after tax jumped 44% to Rs 75 crore. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking…

The e-commerce company has benefited from resilience in the retail industry. The e-commerce company has benefited from resilience in the retail industry. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish…

Microsoft Corp beat Wall Street estimates for second-quarter revenue on Tuesday, as new AI features helped attract customers to its cloud and Windows services.Microsoft shares fell 1% in after-hours trading. They climbed 57% last year. Along with a rally in other tech stocks, including Alphabet and Nvidia, Microsoft helped fuel a 24% surge in the S&P 500 in 2023.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIIM LucknowIIML Executive…

Google-parent Alphabet’s fourth-quarter advertising revenue fell below Wall Street expectations on Tuesday, as high interest rates pressure marketing budgets, sending its shares down 4% in extended trading.Alphabet has been seeing tough competition for ad budgets, amid mixed economic signals in the United States, from other online platforms such as Facebook, Instagram, TikTok, and Amazon.The company recorded ad revenue of $65.52 billion in the fourth quarter, compared with $59.04 billion a year earlier. Analysts on…

Microsoft beat Wall Street estimates for second-quarter revenue on Tuesday, as new AI features helped attract customers to its cloud and Windows services.Microsoft shares fell 1% in after-hours trading. They climbed 57% last year. Along with a rally in other tech stocks, including Alphabet and Nvidia, Microsoft helped fuel a 24% surge in the S&P 500 in 2023.Revenue grew 18% to $62 billion in the quarter ended December 31, compared with the average analyst estimate of $61.12 billion, according to LSEG data.Revenue at…

Booz Allen Hamilton said its net income more than quadrupled in its fiscal third quarter and boosted its projections for the fiscal year ending in March. Booz Allen Hamilton said its net income more than quadrupled in its fiscal third quarter and boosted its projections for the fiscal year ending in March. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is…

Intel on Thursday forecast revenue for the first quarter that could miss market estimates by more than $2 billion, as it grapples with uncertain demand for its chips used in the traditional server and personal computer markets.Shares fell 10% in after-hours trading, setting the stock up for a roughly $20 billion fall in market value on Friday if the losses held. Intel stock gained 66% in the past year, as the PHLX Semiconductor Index rose 53%.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…