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earnings

Unilever needs to “stop shackling employees, stop the corporate gobbledygook”

Analysts get blunt, whilst Global CIO eyes digital transformation

AWS generated Amazon $80.1 billion in 2022 but the wheels are wobbling as profits slump

"We're trying to build a set of relationships in business that outlast all of us"

Intel posts one of its worst losses ever, as sales plummet

"Macro headwinds" drive Intel to second-worst quarterly performance on record

5 key takeaways from Microsoft’s earnings

CapEx, a cloud slowdown, and more...

Micron halves CapEx, warns of “most severe imbalance” in memory market since 2008

Micron is cutting spending on memory chip fabrication by 50% in 2023 and slashing 10% of its workforce, or some 5,000 jobs, with the semiconductor firm’s CEO Sanjay Mehrotra warning the memory market is facing “the most severe imbalance between supply and demand in both DRAM and NAND

Cisco backlogs still "far exceed historical levels" says executives

Cisco takes a $600m hit on layoffs, restructuring

AMD’s cloud revenue doubles as it gears up for EPYC 4

First to market with DDR5, PCIe 5.0, and Compute Express Link 1.1

Extra $800m energy costs zap Microsoft earnings forecasts

Rising energy costs will sting Microsoft for $800 million this financial year according to the firm, as it saw slightly slower growth of its Azure cloud business in its Q1 results. In its earnings call CFO Amy Hood noted Microsoft's energy costs will escalate throughout the year, saying

Goldman Sachs puts tech-led "Platform Services" at heart of restructuring

Goldman Sachs wants to be a fintech, consolidates firm-wide tech offerings...

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