Technology · Brief
IBM revenue rises 5% to $17.1 billion on software; free-cash-flow outlook raised
The company said software revenue grew 8% and it now expects full-year free cash flow to rise by more than $1 billion; consulting revenue was flat.
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The technology companies and innovations moving the economy.
Technology · Brief
Texas Instruments revenue rises 28% to $6.06 billion; Q4 forecast flat at midpoint
The chipmaker said revenue grew in industrial, automotive and data center markets; its fourth-quarter revenue range is $5.80 billion to $6.30 billion.
Technology · Brief
Western Digital revenue rises 55% to $4.38 billion; dividend raised 17%
The storage maker forecast fiscal second-quarter revenue of $5.1 billion, plus or minus $100 million, and a non-GAAP gross margin of 60% to 61%.
Technology · Brief
Super Micro sees September-quarter revenue of $18.5 billion-$19.5 billion, above guidance
The server maker's preliminary update cited increased demand for AI platforms; it will report full results on November 3.
Technology · Brief
SpaceX revenue jumps 161% to $14.6 billion; Super Intelligence unit tops Connectivity
In its third-quarter results, the company reported a net income of $4.4 billion versus a $1.1 billion loss a year earlier and said it spent $48.1 billion on property and equipment in nine months.
Technology
Meta revenue rises 26% to $64.6 billion; legal charge cuts operating income 37%
The company also set 2026 capital spending at $135 billion to $145 billion and created a non-voting share class; its shares fell nearly 7% on Thursday, Yahoo Finance reported.