Monthly Archives: July 2022

Google Cloud unveils its first Arm-powered VMs

Google Cloud has announced its first line of ARM-based virtual machines (VMs). The new Tau T2A chips will join Google’s existing line of Tau VMs, which were launched in June 2021. Google says the new chips will be appropriate for scale-out workloads including web servers, containerized microservices, data-logging processing, media transcoding, and Java applications. How…

Morgan Stanley misses earnings views as weak investment banking revenue offsets strong trading

Morgan Stanley CEO James Gorman Getty Images Morgan Stanley reported lower earnings per share, net income, and revenue in its second-quarter report. The results also missed forecasts, led by weakness in investment banking. But equity trading revenue and fixed income trading climbed amid market volatility.   Morgan Stanley on Thursday reported declines in second-quarter earnings and…