Reports
HPE reports sales that top estimates on boost from AI servers
HEWLETT Packard Enterprise (HPE) reported revenue that beat analysts’ estimates on a big jump in sales of servers built to handle artificial intelligence (AI) work. The shares rose in...
Google cuts at least 100 jobs across its cloud unit, CNBC reports
ALPHABET-OWNED Google is laying off at least 100 employees from several teams in its cloud unit, CNBC reported on Monday (Jun 3).Roles in sales, operations and engineering, consulting and...
Google cuts at least 100 jobs across its cloud unit, CNBC reports
ALPHABET-OWNED Google is laying off at least 100 employees from several teams in its cloud unit, CNBC reported on Monday (Jun 3).Roles in sales, operations and engineering, consulting and...
Boeing 737 deliveries to China still halted amid restart reports
BOEING said its jet deliveries to China remain halted as regulators there scrutinise the design of a new, 25-hour cockpit voice recorder used in aircraft including the 737 Max...
Microsoft to lay off hundreds at Azure cloud unit, Business Insider reports
MICROSOFT is cutting hundreds of jobs at its Azure cloud unit, Business Insider reported on Monday (Jun 3), adding to a flurry of layoffs seen in the technology and...
Digital bank Monzo reports first annual profit in run-up to IPO
Monzo reported its first annual profit on Monday (Jun 3) in a milestone for the fast-growing British digital bank as it works towards its goal of a stock market...
Oil falls as US reports surprise fuel build, weak demand
OIL prices fell for the second consecutive session on Thursday (May 30), after the US government reported weak fuel demand in the country and a surprise jump in petrol...
HP reports sales that top estimates on first PC boost since 2022
HP REPORTED quarterly revenue that topped analysts’ estimates, including the first increase in personal computer (PC) sales in two years, an optimistic signal for a long-awaited rebound in the...