Nvidia's Blackwell Ultra chips, the company's next-generation graphics processor for artificial intelligence, have been commercially deployed at CoreWeave, the companies announced on Thursday.CoreWeave has received shipments of Dell-built shipments based around Nvidia's GB300 NVL72 AI systems, Dell said on Thursday. It's the first cloud provider to install systems based around Blackwell Ultra.The Blackwell Ultra is Nvidia's latest chip, expected to ship in volume during the rest of the year. The systems tha ...

Shares of Datadog (DDOG 15.12%) charged sharply higher Thursday. As of 10:53 a.m. ET, the stock was up 13.1%.The catalyst that sent the cloud monitoring, analytics, and security company soaring was the revelation that the stock will be joining the most widely followed stock market index in the U.S. An important nodIn a press release that dropped after the market closed on Wednesday, S&P Dow Jones Indices announced that Datadog would be added to the S&P 500 (^GSPC 0.84%) before the start of trading on July 9 ...

June 24, 2025 8:00 AM EDT | Source: Gorilla Technology Group Inc. London, United Kingdom--(Newsfile Corp. - June 24, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, has entered into a definitive agreement to acquire CNS, as well as its communication and mobility subsidiary CANS, two of Thailand's most innovative technology solution providers. The transaction ...

Toronto, ON , June 12, 2025 (GLOBE NEWSWIRE) -- In a decisive move to fortify Canada’s national security capabilities, Prime Minister Mark Carney has announced an $80 billion long-term defence investment package focused on technological modernization, domestic industrial capacity, and unmanned aerial systems (UAS). This landmark announcement, inclusive of robust support for drone development and Canadian manufacturing, marks a generational shift in federal defence procurement strategy. Draganfly Inc. (NASDA ...

DUBAI, United Arab Emirates, June 10, 2025 (GLOBE NEWSWIRE) -- Micropolis Holding Company (“Micropolis” or the “Company”) (NYSE American: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (the “SEC”) on May 8, 2025. The annual report on Form 20-F, which contains Micropolis’ audited annual financial statements for the fisca ...

DUBAI, United Arab Emirates, June 09, 2025 (GLOBE NEWSWIRE) -- Micropolis Holding Company (“Micropolis” or the “Company”) (NYSE American: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, today announced that, as previously disclosed in its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, which was filed on May 8, 2025 with the Securities and Exchange Commission (the “2024 Annual Report”), the Company’s audited financial statements contained an audit opini ...

Financial Data and Key Metrics Changes - Q2 revenue was $7.6 billion, up 7% year over year, exceeding the high end of guidance [11][25] - Non-GAAP diluted net earnings per share were $0.38, above the guided range of $0.28 to $0.34 [12][29] - Non-GAAP gross margin was 29.4%, down 370 basis points year over year [26] - Non-GAAP operating margin was 8%, down 150 basis points year over year [28] Business Line Data and Key Metrics Changes - Server revenue was $4.1 billion, up 7% year over year but down 5% sequentially [30] - Intelligent Edge revenue was $1.2 billion, up 8% year over year, marking the first growth in five quarters [33] - Hybrid Cloud revenue was $1.5 billion, up 15% year over year and 4% sequentially [36] - Financial Services revenue was $856 million, up 1% year over year [37] Market Data and Key Metrics Changes - AI systems saw $1.1 billion in net new orders, with over $1 billion converted to revenue, up from $900 million last quarter [14][32] - The backlog in AI systems stood at $3.2 billion, reflecting strong demand [14][61] - GreenLake customer count reached approximately 42,000, generating an annualized revenue run rate of over $2.2 billion, up 47% year over year [16] Company Strategy and Development Direction - The company is focused on executing its strategy in AI, networking, and hybrid cloud, capitalizing on megatrends reshaping the IT industry [13][21] - Recent product launches include advanced private cloud solutions and enhanced networking capabilities to bolster cybersecurity [17][19] - The company aims to close the Juniper Networks transaction, expecting at least $450 million in annual run rate synergies within 36 months [22] Management's Comments on Operating Environment and Future Outlook - Management noted a dynamic macro and trade policy environment, with significant uncertainty affecting demand [10] - The company expects revenue growth of 7% to 9% year over year for the fiscal year, tightening guidance based on improved visibility [13][46] - Management remains optimistic about the profitable growth opportunities ahead, particularly with the anticipated closure of the Juniper Networks transaction [23] Other Important Information - The company is implementing a cost reduction program, including a 5% workforce reduction, to streamline operations and improve profitability [40][41] - Free cash flow was negative $847 million, slightly better than expected, with inventory levels down to $8.1 billion [38][39] Q&A Session Summary Question: What is needed for server margins to improve? - Management addressed execution challenges from Q1, implementing pricing analytics and inventory management to improve margins [52][54] Question: Can you elaborate on the pipeline strength? - Management noted strong momentum in AI orders, particularly from enterprise and sovereign markets, with a backlog of $3.2 billion [61] Question: Where is the most AI server traction seen? - AI server traction is strong across service providers and enterprises, with a focus on compute and storage integration [70] Question: What is the outlook for federal and state spending? - Management expects improvements in federal spending as government plans are enacted, with a solid pipeline for U.S. federal business [99] Question: What are the margin impacts of the workforce reduction plan? - The workforce reduction is expected to positively impact margins, particularly in the server business, as the company aims for a 10% margin exit by year-end [108]

DUBAI, United Arab Emirates, June 03, 2025 (GLOBE NEWSWIRE) -- Micropolis Holding Co. (“Micropolis” or the “Company”) (NYSE: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, today announced that it will participate in Sidoti’s Small-Cap Virtual Conference, to be held on June 11-12, 2025. Virtual Conference PresentationDate & Time: Thursday, June 12, 2025, 9:15 a.m. ET in Track 2Speakers: Fareed Aljawhari, Founder & CEO and Dzmitry Kastahorau, CFOWebcast Link: https://sidoti.zoo ...

Shares of Dell Technologies rose on Thursday in extended trading after the company raised its full-year earnings forecast and issued a stronger-than-expected forecast for the current quarter.However, Dell's adjusted earnings per share came up short versus LSEG estimates on in-line revenue.Here's how the computer maker did versus LSEG consensus estimates:Earnings per share: $1.55 adjusted vs. $1.69 estimatedRevenue: $23.38 billion vs. $23.14 billion estimatedDell said it expects $2.25 in adjusted earnings pe ...

DUBAI, United Arab Emirates, May 29, 2025 (GLOBE NEWSWIRE) -- Micropolis Holding Co. (“Micropolis” or the “Company”) (NYSE: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, today announced it will participate in a fireside chat at Maxim Group’s 2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow, to be held from June 3-5, 2025. Virtual Conference Fireside ChatDate & Time: Tuesday, June 3, 2025, 9:30 a.m. ETSpeakers: Fareed Aljawhari, Founder & CEO and Dzmi ...