Samsung 2Q earnings are in. While profits are down more than 50%, I still believe that Samsung is well-positioned for a bounce back as memory numbers stabilize. I also think it is important to note that despite the street’s outspoken criticism of the company’s performance, they did still make a profit of over 6.5 trillion Korean won (5.3 Billion USD), slightly better than an industry estimate of 6 trillion won.
The U.S. Semiconductor Industry, lobbying on behalf of Qualcomm, Intel, Broadcom, and others granted permission to sell to Huawei.
U.S. Judge Koh blocks Qualcomm’s request to put antitrust ruling on hold, in a ruling that strikes me as spectacularly tone-deaf, especially in light of the enormous global stakes it seems to have inexplicably failed to take into account.
Walmart, Target, and other retailers represented by RILA submit letter to FTC complaining about Google and Amazon dominance. Do they have a point or no?
NVIDIA adds Volvo to its roster of partners for AI on self-driving cars, and the battle for reference customer wins is on. Intel has publicly shared big wins with BMW, Honda, Nissan, and Fiat- Chrysler, while NVIDIA has staked their claims with Mercedes, VW, and Toyota. The market is big enough for both companies, and it will be interesting to watch as this goes from PoC to production, which company, if any, becomes the undisputed leader in this space.
I believe the company’s growth is running out of steam, as innovation by acquisition can only take it so far. Equally as significant, for the first time since Benioff disrupted the software space, Salesforce is chasing a more formidable competitor in Microsoft, which has always done on-premise better, but now is doing cloud better as well. Definitely one to watch.
The newly-announced partnership between Kohl’s and Amazon is the business version of the GIG economy. Here’s why.
Strong performance by Red Hat is good news for IBM shareholders, making IBM a more competitive player in the Hybrid IT space and significantly increasing the company’s ability to deliver open source software to enterprise in both hybrid and multi-cloud environments. I expect the acquisition to improve IBM’s status. While the price was steep, the company’s ability to grab both market share and the Red Hat community will likely both accelerate revenue and brand equity. All in all, I believe this was smart buy that I think will prove out over the next four quarters following the close of the acquisition.
Oracle Q4 earnings report is in, but what does it really mean? Oracle’s history of fuzzy reporting makes it difficult to really know, but here is what two of our analysts, Ron Westfall and Daniel Newman, have to say about these results.
Oracle Data Cloud announced a new collaboration with Reddit to provide brand safety controls for advertisers around a real-time feed of user-generated content (UGC).