HP reports Q2 revenue up 9% YoY to $14.4B, vs. $14B est., Personal Systems revenue up 13% to $10.2B, and forecasts Q3 adjusted EPS above estimates — HP Inc. gave a profit forecast for the current quarter that topped analysts' estimates, signaling that the company is weathering a dramatic increase in memory chip prices.
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Salesforce reports Q1 revenue up 13% YoY to $11.13B, vs. $11.05B est., Agentforce annual recurring revenue up 205% to $1.2B, and forecasts Q2 revenue below est. — Salesforce reported stronger-than-expected quarterly results on Wednesday, but the cloud software vendor issued full-year guidance …
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Snowflake reports Q1 revenue up 33% YoY to $1.39B, vs. $1.32B est., and commits to spending $6B on AWS over five years; SNOW jumps 29%+ after hours — Amazon said Wednesday that its cloud division has landed a $6 billion spending commitment from Snowflake, which includes the use …
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The UK's GCHQ head says the UK and allies have a “narrowing window” to counter cyber threats from China and Russia, as Russia intensifies “daily” hybrid warfare — Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
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Amazon MGM Studios announces the GenAI Creators' Fund, greenlights three AI animated series for Prime Video, and launches an AI production platform with AWS — Amazon MGM Studios is touting the power of AI to help create “cinematic” entertainment in a big new initiative …
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