Nvidia Record Quarterly Revenue in Gaming, Data Center, and Professional Visualization

NVidia beat both earnings and revenue expectations in the third quarter of 2021. Revenue for the third quarter was a record $7.10 billion, up 50 percent from a year earlier. Record quarterly revenue was achieved in Gaming, Data Center, and Professional Visualization. Gaming revenue was up 42 percent from a year ago and up 5 percent sequentially Q3 2021 Earnings NVDA reported adjusted earnings per share of $1.17 and revenue of $7.1 billion. Analysts expected $1.11 earnings per share and … Continue reading “Nvidia Record Quarterly Revenue in Gaming, Data Center, and Professional Visualization”

Microsoft Cloud Leads Robust Earnings and Revenue Beat for MSFT

Software giant Microsoft reported boom Q1 2022 quarter earnings Tuesday after the close as both revenue and earnings beat expectations. Microsoft Cloud generated $20.7 billion in revenue for the quarter, up 36% year over year.

Microsoft Record Profits and Sales Led By Azure Cloud Computing

Software giant Microsoft reported boom Q4 2021 quarter earnings Tuesday after the close. The Azure public cloud for hosting applications and websites still accelerating. Productivity and business processes and More Personal Computing also excelled.

Microsoft Earnings Beat With Robust Azure Cloud Growth

Software giant Microsoft reported better than expected September quarter earnings Tuesday after the close. The Azure public cloud for hosting applications and websites grew 48%, accelerating from 47% in the prior quarter, faster than the 44% growth. Server products and cloud services revenue advanced 22%.

Online Insurance Artificial Intelligence Startup Lemonade Surges on Debut

Online insurance company Lemonade made it’s NYSE debut on thursday, surging over 100%. The insurance tech, under the ticker $LMND uses artificial intelligence and “behavioral economics” via a mobile app for property insurance.

Microsoft Earnings Beat on Robust Azure and LinkedIn Revenue

Software giant Microsoft reported better than expected September quarter earnings Wednesday after the close. LinkedIn,  Cloud offerings, Azure infrastructure services, Office 365 productivity software and Dynamics enterprise software were all ahead of forecasts. 

SAP Earnings Look Towards Continued Cloud Growth

German software giant SAP report fourth quarter earnings on Tuesday. Last quarter cloud related sales were up 37% and $SAP gave robust guidance as it takes on cloud giants Amazon (AWS) and Microsoft however global economy risks have increased since.

Microsoft Earnings Boosted by Personal Computing, Commercial Cloud Revenue

Software giant Microsoft reported better than expected September quarter earnings Wednesday after the close. Cloud offerings, Azure infrastructure services, Office 365 productivity software and Dynamics enterprise software were all ahead of forecasts last quarter. 

AMD Stock Crushed After Revenue Miss and Earnings Outlook

Advanced Micro Devices reported worse than expected earnings after the close Wednesday. $AMD shares fell over 20% premarket, after falling 9.2% before the release The chip maker had been sold off with concerns about cryptocurrency demand falling.

SAP Stock Slumps on Margins Miss Despite Robust Cloud Outlook

German software giant SAP reported worse than expected third quarter earnings on lower margins Thursday. Despite cloud related sales up 37% and a robust guidance as it takes on cloud giants Amazon (AWS) and Microsoft $SAP Slumped 7.5%.