Monday, October 19, 2020
IBM posts double-digit cloud revenue growth; says customers deferring some projects
International Business Machines Corp edged past Wall Street estimates for quarterly revenue, bolstered by higher demand for its cloud services, a business it is staking its future on as it prepares to spin off one of its legacy units. IBM shares, however, fell 3% after the company stayed away from issuing a forecast for the current quarter. https://ift.tt/35hBBgT
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Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom (Mike Wheatley/SiliconANGLE)
Mike Wheatley / SiliconANGLE : Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, a...
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