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earnings

SAP to hike prices as inflation bites: Cloud surges, profits tumble

SAP CEO Christian Klein has confirmed to investors that the company will put up prices within the coming months, possibly sooner, as it reacts to broader inflationary pressures. He made the comments in the Q&A on a Q2 earnings call, as SAP confirmed that cloud had become its

Six key takeaways from IBM's earnings, from mainframes to Russia, hedging to Red Hat

"We only hedge, give or take, about 35 currencies around the world out of the 100+ that we're in..."

Memory giant vows to slash capex, sees 180m fewer smartphones and PCs shipped

Semiconductor firm Micron has slashed its outlook for the rest of the year, saying it expects to see 130 million fewer smartphones and 30 million fewer PCs shipped than it predicted earlier in 2022. The memory specialist vowed “immediate action” to trim supply amid an economic slowdown and pledged to

AMD continues its astonishing return from the "dead"

AMD continues its astonishing return from the grave...

Credit Suisse vows digital reform after dire year, reveals $3B IT spend

New Chief Technology and Operations Officer, Joanne Hannaford is leading ambitious efforts at the bank.

AMD reports a storming quarter as hyperscalers launch 130+ AMD cloud instances

All major players unveiled AMD cloud products, as chipmaker’s CPUs continue to beat Intel on performance.

IBM reports its best growth in a decade as transformation kicks in

"We are now a 30% consulting company, a 70% technology company.”

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