Intel Q3: revenue down 15% YoY to $15.34B, vs. $15.25B est., Datacenter and AI revenue down 27% YoY; stock up 5%+ on plans to reduce ~$10B in costs over 3 years (Jordan Novet/CNBC)

Jordan Novet / CNBC:
IBM reports Q3 revenue up 6.5% YoY to $14.11B vs. $13.51B est., with software revenue up 7.5% YoY to $5.81B vs. $5.54B est., and lifts FY 2022 revenue forecast  —  – IBM beat on the top and bottom lines and raised its revenue growth forecast for all of 2022.

Gavin Bonshor / AnandTech:
Intel Raptor Lake Core i9-13900K and i5-13600K review: improved V/F curve and more efficiency cores compared to Alder Lake and highly competitive with AMD Zen 4  —  Today marks the release of Intel’s 13th generation Core processor series, codenamed Raptor Lake.

Jordan Novet / CNBC:
Twilio reports Q3 revenue up 33% YoY to $983M, vs. $972.2M est., 280K+ active customer accounts, and Q4 revenue guidance below estimates; the stock drops 15%+  —  – Twilio’s quarterly revenue projection was softer than analysts had been looking for.  — The company added about 5,000 active customer accounts in the quarter.

Jordan Novet / CNBC:
Zoom reports Q3 revenue up 5% YoY to $1.1B, Enterprise customers up 14% YoY to ~209.3K, and a FY 2023 revenue guidance below estimates; stock drops 7%+  —  – Zoom made a slight downward revision to its revenue guidance, and investors responded by pushing the stock lower.

Jordan Novet / CNBC:
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%+  —  – Adobe maintained its forecast for the new fiscal year.  — The company’s earnings for the fiscal fourth quarter was strong …

Jordan Novet / CNBC:
Atlassian reports Q1 revenue of $807.4M, up 31% YoY, and forecasts lower than expected Q2 revenue; stock is down 20%+, after having fallen 54% already this year  —  – Atlassian’s quarterly revenue outlook missed expectations.  — The software maker said existing customers are adding users at a reduced pace.