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Lucy Nicholson - 1 Kingsley Crane - 1 Rishi Jaluria - 1 Jaluria - 1 Bernstein - 1 Yuvraj Malik - 1 Aditya Soni - 1 Shounak Dasgupta - 1
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Search resuls for: "Yuvraj Malik Aditya Soni"


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☆ Big Tech looks to turn the corner on cloud as AI focus stays strong
  + stars: | 2023-07-24 | by ( Yuvraj Malik Aditya Soni | Yuvraj Malik | Aditya Soni | ) www.reuters.com   time to read: +3 min
Both Amazon and Alphabet will likely report their lowest-ever growth for the cloud computing business at 9.8% and 24.4%, respectively, according to analysts polled by Refinitiv. Meanwhile Microsoft Intelligent Cloud, home to Azure, is expected to grow at 13.7%, the slowest rate since 2017. The digital ad market recovery will also aid Alphabet, whose Google Search has so far avoided any meaningful market share loss to Microsoft's AI-powered Bing. Alphabet is expected to report 4.5% revenue growth in the April-June period, its best in three quarters. Microsoft and Alphabet will report quarterly results on July 25, Meta on July 26 and Amazon on Aug. 3.
Persons: Lucy Nicholson, Kingsley Crane, Rishi Jaluria, Jaluria, Bernstein, Yuvraj Malik, Aditya Soni, Shounak Dasgupta Organizations: Los Angeles , California U.S, REUTERS, Microsoft, Google, Refinitiv, RBC Capital, Facebook, Meta, BofA Global Research, Thomson Locations: Los Angeles , California, Bengaluru
☆ Apple results could mark weak finish to Big Tech earnings
  + stars: | 2023-05-03 | by ( Yuvraj Malik Aditya Soni | Yuvraj Malik | Aditya Soni | ) www.reuters.com   time to read: +3 min
Hardware sales are set to decline over 7% to $71.93 billion in the second quarter, according to 23 analysts polled by Visible Alpha. Mac sales, which account for nearly a tenth of Apple's revenue, likely fell by a quarter, while revenue from flagship iPhone is estimated to have declined by over 3%. Davidson, who expects iPhone sales there to rise. That would mark its second lowest growth rate since at least the first quarter of fiscal 2017. He expects Apple to have added 30 million users to its active installed user base - the number of active Apple devices in the world.
☆ Microsoft, Amazon results to highlight softening cloud business
  + stars: | 2023-01-23 | by ( Yuvraj Malik Aditya Soni | Yuvraj Malik | Aditya Soni | ) www.reuters.com   time to read: +3 min
[1/2] Attendees walk through an expo hall at AWS re:Invent 2022, a conference hosted by Amazon Web Services (AWS), in Las Vegas, Nevada, U.S., November 30, 2022. After years of blistering growth, most recently fuelled by remote working and studying during the pandemic, cloud demand has cooled in the past nine months and sales growth may slow further, analysts said. AWS, Amazon's lucrative cloud business from which it gets more than a quarter of its revenue, is expected to post a 24% increase in sales in the quarter. THE FUNDAMENTALS* Microsoft Q2 revenue is expected to rise 2.5% to $53 billion, the slowest increase in six years. * Amazon Q4 revenue is expected to rise 5.8% to $145.40 billion.
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