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As the Nasdaq closes its worst year since 2008, IBM was a bright spot for tech companies with a $50B+ market cap, rising 6% in 2022, as investors sought safety (Jordan Novet/CNBC)
Jordan Novet / CNBC: As the Nasdaq closes its worst year since 2008, IBM was a bright spot for tech…
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Adobe reports Q4 revenue up 10% YoY to $4.53B, Digital Media revenue up 10% YoY to $3.3B, and Digital Experience revenue up 14% YoY to $1.15B; stock is up 5%+ (Jordan Novet/CNBC)
Jordan Novet / CNBC: Adobe reports Q4 revenue up 10% YoY to $4.53B, Digital Media revenue up 10% YoY to…
Read More » - Technology
Oracle reports Q2 revenue up 18% YoY to $12.28B, vs. $12.05B est., cloud services revenue up 14% YoY to $8.6B, and health data provider Cerner revenue of $1.5B (Jordan Novet/CNBC)
Jordan Novet / CNBC: Oracle reports Q2 revenue up 18% YoY to $12.28B, vs. $12.05B est., cloud services revenue up…
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