Tag: Revenue

BusinessSemiconductorsTechnology

Intel Returns to Profitability Amid Government Backing and Restructuring

Intel has reportedly swung to a $4.1 billion quarterly profit following significant U.S. government investment and aggressive cost-cutting measures. The chipmaker’s recovery comes as it battles to regain market share lost to competitors in mobile and AI sectors.

Financial Rebound After Years of Struggle

Intel appears to be staging a financial comeback, with reports indicating the semiconductor giant posted a substantial $4.1 billion profit last quarter. That represents a dramatic reversal from the staggering $17 billion loss the company reportedly suffered during the same period last year. According to financial analysts, revenue climbed modestly to $13.7 billion—a 3% year-over-year increase that suggests the company’s aggressive restructuring may be starting to yield results.

by Michael Turner
Assistive TechnologyBusiness

HPE Stock Plunges 10% Following Disappointing Fiscal 2026 Guidance

HPE stock dropped significantly after the company provided disappointing fiscal 2026 guidance. The company’s earnings per share and revenue growth projections fell short of analyst expectations, prompting a 7% after-hours decline.

HPE Shares Tumble on Weak Financial Outlook

Hewlett Packard Enterprise shares sank approximately 7% in extended trading Wednesday following the release of what analysts characterized as disappointing guidance for fiscal 2026, according to reports from the company’s securities analyst meeting. The stock decline deepened to 10% during Thursday’s regular trading session as investors digested the news.

by Jessica Moore P.E.
BusinessTelecom

Orange Seeks Buyer for Globecast Broadcast Unit in Strategic Divestment Move

Orange has reportedly initiated the sale process for its broadcast services unit Globecast, engaging investment bankers to facilitate the divestment. The move comes as the French telecommunications giant reevaluates non-core assets following the unit’s €19 million net loss despite generating substantial revenue.

French telecommunications leader Orange S.A. has reportedly advanced plans to divest its broadcast services subsidiary Globecast, according to recent industry reports. The potential sale represents a significant strategic shift for the Paris-based telecom giant as it focuses on core operations and streamlines its business portfolio.

Sale Process and Strategic Rationale

by Michael Turner