Samsung confirms record-breaking operating profit on soaring AI memory chip demand
Samsung achieved a record-breaking quarterly operating profit driven by high demand for AI memory chips.
Cloud, cybersecurity, SaaS and B2B innovation.
Samsung achieved a record-breaking quarterly operating profit driven by high demand for AI memory chips.
Microsoft beat earnings and revenue forecasts in its fiscal 2027 first quarter, with Azure cloud infrastructure growing 48%, lifting its stock about 4% after hours.
ServiceNow shares fell 18% after-hours following quarterly results that topped internal guidance but mostly missed analyst expectations.
F5 and Oracle announced plans to integrate F5's web application and API protection services into Oracle Cloud Infrastructure under a non-binding memorandum of understanding.
Microsoft reported quarterly revenue of $92.3bn and profit of $36.6bn, exceeding market expectations.
Microsoft publicly disclosed Azure's quarterly revenue at $33.2 billion for the first time, revealing its growing competitive position against AWS.
Experian integrates cyber resiliency into its AI infrastructure to address foundational security concerns as organizations scale AI deployment across data-intensive sectors.
Google Cloud is reportedly preparing to launch Google Multi-Party Compute, a service for financial institutions to secure digital assets, currently in testing with major financial players.
Microsoft reported $92.3 billion in quarterly revenue, marking 10 consecutive quarters of record-breaking results, a 19% year-over-year increase.
Microsoft's Azure cloud platform generated $33.2 billion in quarterly revenue, up 48% year-over-year, driven by strong demand for cloud and AI services.
Microsoft reports strong Q1 FY2027 financial results with $92.3 billion in revenue (up 19% YoY) and restructures its reporting segments to split businesses into Agents and Infra, and Devices and Consumer.
Alphabet reported Q3 2026 revenue of $127.6 billion, covering the July–September period.
Oracle shares surged 14% after the company announced it expects to reach $30 billion in free cash flow by May 2029, exceeding analyst expectations and maintaining a $225 billion revenue target.
Microsoft is discontinuing Copilot support on smart TVs from LG and Samsung less than two years after announcing the integration at CES 2025.
SK Hynix reports record quarterly profits with operating income up 632% as the company forecasts a memory shortage extending through 2030.
Anthropic has secured a GSA agreement offering 40% discounts on Claude to US government agencies, including state, local, tribal and territorial governments for the first time.
F5's stock dropped approximately 20% after the Seattle company guided lower growth and announced increased spending on AI security, despite beating earnings estimates.
Google is expanding access to Android development tools for coding agents like Claude Code and Codex, enabling them to debug, test, and verify fixes across Android Studio and CLI.