Capgemini trims 2024 revenue target again as soft markets hit Q3 sales
:French IT consulting group Capgemini cut its 2024 revenue target for the second time this year on Wednesday, after continued weakness in some of its markets, especially manufacturing, hit its third-quarter sales.The group, which offers services ranging from cloud and AI to enterprise management across a wide
AMD teases its GPU biz 'approaching the scale' of CPU operations
Q3 profits jump 191 percent from last quarter on revenues of $6.2 billion, helped by accelerated interest in Instinct
Standard Chartered lifts income guidance again after beating third-quarter profit forecasts
The lender, which derives most of its revenue from Asia, saw pre-tax profit jump of 37% from the $1.32 billion posted a year ago.
AMD Q3 2024 Gaming segment revenue plummeted 69% from prior year
AMD's gaming division saw a sizable drop in year-over-year comparisons.
AMD forecasts Q4 revenue below estimates as supply chain constraints weigh
:Advanced Micro Devices on Tuesday forecast fourth-quarter revenue just shy of estimates as supply chain constraints hamper its ability to meet strong demand for AI chips, while the PC market grows more slowly than some investors expected.Shares of the Santa Clara, California-based company fell 5 per cent in
AMD revenue forecast and AI chip sales fails to impress Wall Street
:Advanced Micro Devices on Tuesday forecast fourth-quarter revenue just shy of estimates and raised its artificial intelligence chip sales forecast to $5 billion for 2025 - not enough to impress investors.AMD stock slid nearly 7 per cent in extended trading, erasing most of the 8 per cent gain in the last thr
Zebra Technologies forecasts upbeat Q4 profit on stable demand, cost savings
:Barcode scanner maker Zebra Technologies forecast its fourth-quarter profit above Wall Street estimates on Tuesday, betting on stable demand for its products and as cost cuts pay off.Shares of the company rose 7.3 per cent in morning trading.After economic uncertainty hammered its results in 2023, dem
Corning forecasts upbeat quarterly results on robust demand for optical fiber
Gorilla Glass maker Corning fourth-quarter profit forecast beat estimates on Tuesday, as rising consumption of data over networks, including for generative AI model training, continues to increase demand for its optical fiber products.Shares of the company were up 5.7 per cent in morning trading.A
AI helps Pearson grow sales 5% in back-to-school quarter
LONDON :British education company Pearson reported accelerating growth in its third quarter, boosted by AI and a stronger performance in assessment and qualifications, putting it on track to meet market expectations for the year.It said all of its divisions were up in the quarter, including a return to growth
AI Credited With Boosting Pearson’s Sales Growth
The London-listed education company said it’s starting to see the commercial benefit of scaling its AI capabilities across its products and services.
Serko boosts revenue, acquires US business
Travel software company Serko has delivered a reduced first-half loss, turned cash flow positive and acquired a US business.
last updated on 30 Oct 09:27