Continuing the stagnant revenue streak, HP Inc. shares initially jumped 5% in trading after hours Thursday after reporting fiscal third-quarter sales that surpassed Wall Street’s $ 1 billion estimates, due to a pandemic. affected boom in sales of personal computers. HP HPQ, + 2.01% reported net income of $ 734 …
Read More »AMD Q2 2020 Earnings
Lisa Su, CEO, AMD Scott Mlyn | CNBC AMD shares rose as much as 10% in extended trading on Tuesday after the company improved its revenue guidance for the current year as part of its second-quarter earnings results. This is how the company did it: Profits: Adjusted 13 cents a …
Read More »Wall Street is optimistic about Dell’s spin-off of its VMware stake
Text size Denis Doyle / Bloomberg Analysts at JP Morgan and Morgan Stanley are optimistic about the announcement by Dell Technologies that it is considering a spin-off of its valuable 81% stake in VMware., It is now worth more than all of Dell’s market value. Dell shares (ticker DELL) rose …
Read More »Jio unveils Jio Glass headset after Google and Facebook endorsement
A new entrant has emerged in the race to develop smart glasses that provide consumers with mixed and augmented reality experiences. The Indian Jio, part of the Reliance Industries conglomerate, announced a new mixed reality headset at its annual general meeting on Wednesday called Jio Glass. Kiran Thomas, President of …
Read More »Fastest “Fugaku” Supercomputer Busy in Searching for Coronavirus Treatment and Weather Forecast in Japan
Tokyo – The creators of the world’s fastest supercomputer want to make one thing perfectly clear: they were no trying to be number one. “Of course he was happy and relieved,” Satoshi Matsuoka told CBS News about the time he learned that his team’s “Fugaku” supercomputer had taken the crown …
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