earnings
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Enterprise IT
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Enterprise IT
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…
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Featured
Cisco backlogs still “far exceed historical levels” says executives
Cisco takes a $600m hit on layoffs, restructuring
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Enterprise IT
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
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Enterprise IT
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…
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Enterprise IT
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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Enterprise IT
Bank of America’s $3 billion in annual IT spending is paying off — and growing double-digits
CEO Brian Moynihan: "Our technology spending will go up 15% this year"
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Enterprise IT
Morgan Stanley CEO James Gorman: “I’m perfectly happy to see our tech spend go up”
Cloud, robo-advisors among priorities...
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Cloud
Oracle’s HeatWave comes to AWS, as Ellison vows “shock” poaching of AWS customers
Gross margin for cloud services and license support was 81%...
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Enterprise IT
MongoDB shrugs off economic slowdown in storming quarter, adds record new customers
Customers are focussed on removing complexity from their stack...
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