Nvidia reported 2Q20 results that beast consensus estimates. Automotive was the fastest-growing segment, growing 30%, and the company announced AI products for language and vehicles.
Tencent (HKEX: 0700) 2Q19 Results: Mixed Results, Growth in FinTech and Business Services in Challenging Ad Environment
Tencent reported 2Q19 revenue and EPS that beat consensus estimates, continuing to post strong growth in the FinTech and Business Services segment, in a challenging ad environment.
Cisco reported fiscal 4Q19 results that met or beat consensus estimates, and security was a major growth driver in the quarter. Cisco is expanding security across all its networking and cloud domains.
This deep dive represents the third installment in the RetailTech series and covers everything from beacons to magic mirrors to robots.
Supply Chain Briefing: Robotic Process Automation Brings Productivity and Precision to the Supply Chain
RPA offers numerous benefits to supply chain operations and the retail industry. Companies such as Walmart and Walgreens have adopted RPA. With RPA’s promise of greater efficiency, increased productivity and greater, we expect to see more retailers adopt this technology.
Salesforce announced the signing of a definitive agreement to acquire field service management company ClickSoftware for $1.35 billion in cash and stock.
Pitney Bowes (NYSE: PBI) 2Q19 Results: Mixed Results, Strong Growth in Global E-Commerce, 2019 and Long-Term Targets Remain on Track
Pitney Bowes reported mixed 2Q19 results, including strong 18% growth in the Global Ecommerce group, and reiterated its annual guidance as its business for 2019 and the long term remains on track.
IBM Investor Briefing: Red Hat Enables Cloud-Native Software to Run on Any Platform; Updates Guidance
(To be completed by Editor) IBM announced that it has transformed its software to be cloud-native and run on any cloud platform with the help of technology from Red Hat and also updated guidance for the acquisition.
Johnson Controls (NYSE: JCI) 3Q19 Results: Meets/Beats Consensus, Investing While Seeing Continued Momentum, Raises Annual EPS Guidance
Johnson Controls reported a fiscal 3Q19 that met consensus revenue estimates and beat by two cents on EPS. The company is seeing continued business momentum and raised its annual EPS guidance.
NCR Corp (NYSE: NCR) 2Q19 Results: Handily Beats Consensus Estimates, Huge ATM Growth, Raises Annual Revenue Guidance
NCR reported 2Q19 revenues of $1.71 billion, up 11.3% and ahead of the $1.58 billion consensus estimate. Adjusted EPS was $0.76, up 16.9% and beating the $0.67 consensus estimate
Intel (NASDAQ: INTC) 2Q19 Results: Misses on Revenues but Raises Annual Guidance, Plans to Sell 5G Modem Business
Intel’s 2Q19 earnings report missed on revenues, but EPS was in line. The company raised its annual guidance and is selling its 5G smartphone modem business to Apple for $1 billion.
Tencent and the Pokémon Company announced they will collaborate on new games. Tencent and Nintendo will hold a press event on August 2 at which they are expected to announce the launch of the Nintendo Switch Game System in China
Diebold Nixdorf (NYSE: DBD) 2Q19 Results: Surprise Adjusted Profit, Raises Revenue Guidance Based on Solid Transformation Progress
Diebold’s 2Q19 beat consensus estimates, reporting a surprise adjusted profit. The company raised annual revenue guidance based on solid progress in its transformation.
Salesforce announced a strategic partnership with Alibaba via a blog post. Under the agreement, Alibaba will become the exclusive provider of Salesforce to customers in Greater China.
Alphabet (the parent company of Google) reported Q2 results that beat consensus estimates. Mobile search, YouTube, and Cloud were the key growth drivers in the quarter