Huawei reports 2025 (CNY) Net Profit 68bln (+8.6% Y/Y), Revenue 880.9bln (+2.2% Y/Y), cloud computing revenue -3.5% Y/Y
Huawei's recent earnings report indicates a modest net profit increase of 8.6% year-over-year, alongside a 2.2% rise in revenue, which shows resilience amid challenging market conditions.
Oracle (ORCL) laid off some employees on Tuesday; the cuts appear to have affected employees globally, but the full extent of the layoffs could not be immediately learned, Business Insider reports
US War Secretary Hegseth says he visited the Middle East on Saturday and spoke with US troops
Huawei reports 2025 (CNY) Net Profit 68bln (+8.6% Y/Y), Revenue 880.9bln (+2.2% Y/Y), cloud computing revenue -3.5% Y/Y
UK King Charles will conduct a state visit to the US towards the end of April
Nvidia (NVDA) partners with Marvell (MRVL) on AI infrastructure and silicon photonics; NVDA has invested USD 2bln in MRVL
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However, the decline in cloud computing revenue by 3.5% hints at vulnerability in a critical growth area, raising questions about future growth prospects and competitive positioning.
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