Futurum Research Senior Analyst, Steven Dickens provides his take on what appears to be indicative of Amazon exploring crypto. A recent job listing by Amazon and what this could mean for the innovative global retailer and cloud provider has the cryptocurrency and Blockchainworld going a bit crazy. As the global landscape for money transforms, nations states issue digital currencies and Bitcoin continues its path to wider adoption, it’s interesting to consider when and how Amazon will respond.
Mainframe Ecosystem Mobilizes for Common Good with Congress, Micro Focus, and Broadcom Providing Encouraging News
Futurum’s Steven Dickens provides his take on an interesting week in the mainframe space. Congressman Matt Cartwright (D-PA-08) looks to get support for the Grace Hopper Code for Us Act in the House to fund higher ed training for IT jobs and addressing the shortage of professionals with a background in older coding languages needed to maintain and modernize critical government IT systems. Micro Focus plays a significant role in that initiative, and Broadcom looks to transform the mainframe landscape through Open Source with The Linux Foundation, Open Mainframe Project. Very interesting times ahead for the mainframe industry.
AMD Q2 2021 Earnings: The 99% Solution?
AMD has released its Q2 2021 financial results, solidly beating consensus estimates with revenue of $3.85 billion (versus $3.62 billion expected) and earnings of $0.63 (versus $0.54 expected). This is the fourth consecutive quarter of record revenues including a 99 percent Y/Y increase from Q2 2020.
Citrix Pivots Attention to ARR and That’s a Good Thing!
Citrix saw its critics come out after a down revenue quarter and slowing growth, but it has a brighter future if it can make its ARR pivot.
Contentful Secures $175 Million in Series F Round of Funding
Contentful raised $175 million in its Series F as its unique approach to CMS gains momentum taking its valuation above $3 billion.
Qualcomm Blows Past Estimates on 5G and Growth Plays
Qualcomm delivered an outstanding Q3 result on the strength of 5G and its investments in IoT, Automotive, and RFFE all paying off.
Tech Outperforms This Quarter Led by AMD, Apple, Microsoft, Alphabet
Tech names AMD, Apple, Google, and Microsoft all saw their results significantly outperform guidance and expectations this week.
36 States Sue Google Over Aggressive Terms As Big Tech Remains In Focus
This summer has seen a wave of antitrust lawsuits and proposed bills targeting Big Tech—and there are no signs of slowing. Google is now the target of 36 states that are suing the company for its aggressive app store terms.
Intel Provides its Multi-Year Roadmap Beyond 3nm to 20A
Intel CEO Pat Gelsinger has charted a path to expand Intel’s leadership in both semiconductor design and fabrication, including the new RibbonFET transistor architecture, the PowerVia power delivery system, and a revamped node framework that sets the stage for a shift from Nanometer to Angstrom terminology. Our Futurum analysts break it down and explain why this, and the new Intel Foundry Services (IFS), are key to Intel achieving process performance parity by 2024 and leadership by 2025.
Honeywell Q2 Highlighted by Strong Execution and EPS Expansion
Honeywell saw a strong Q2 result highlighted by building, safety, and materials segments all outperforming as margin increased and EPS grew.