Mike Wheatley, Author at SiliconANGLE

Infra

Qualcomm and Arm each cruise to another earnings and revenue beat

By Mike Wheatley Nov 6, 2024

The computer chipmakers Qualcomm Inc. and Arm Holdings Plc both reported strong earnings and revenue beats as they delivered their latest financial results today, yet while the former’s stock popped in extended trading, the…

Policy

Mozilla’s open internet advocacy efforts falter as it lays off 30% of its staff

By Mike Wheatley Nov 5, 2024

The Mozilla Foundation, the nonprofit group that develops the popular Firefox web browser, is laying off around 30% of its staff, completely shutting down its advocacy programs in the process. In a statement sent…

AI

Perplexity AI’s value to soar to $9B as it finalizes new $500M funding round

By Mike Wheatley Nov 5, 2024

Generative artificial intelligence search startup Perplexity AI Inc. reportedly is finalizing the details of a mammoth new funding round that would increase its valuation to a cool $9 billion. The startup, which has built an…

Infra

Supermicro’s stock falls on revenue miss and uncertainty over annual filing, increasing fears of a delisting

By Mike Wheatley Nov 5, 2024

Shares of the server maker Super Micro Computer Inc. plunged more than 14% in extended trading after the company delivered worse-than-expected financial results for its latest quarter and delayed the publication of a key…

Infra

NXP tumbles on weak outlook as automotive chip revenue declines

By Mike Wheatley Nov 4, 2024

NXP Semiconductors N.V.’s stock fell almost 6% in after-hours trading today after it delivered an outlook that fell some way short of Wall Street’s expectations, due to what it said is “macroeconomic weakness” in…

Infra

Astera Labs delivers blowout earnings and revenue beat and its stock jumps

By Mike Wheatley Nov 4, 2024

Shares of the artificial intelligence networking chip company Astera Labs Inc. were flying high in extended trading today, rising more than 22% on the back of a solid earnings beat and strong guidance for…

Apps

Apple beats Wall Street’s targets as iPhone 16 sales get off to a solid start

By Mike Wheatley Oct 31, 2024

Apple Inc. topped Wall Street’s expectations on earnings and revenue as it delivered its fiscal fourth-quarter earnings results today, but its stock wavered in extended trading after it reported yet another decline in sales…

Infra

Intel surprises Wall Street with solid earnings and revenue, but success in AI remains elusive

By Mike Wheatley Oct 31, 2024

Intel Corp. today delivered better-than-expected earnings results and issued guidance for the coming quarter that topped Wall Street’s estimates — and as a result its stock made sharp gains, giving the beleaguered chipmaker a welcome…

Cloud

Cloud growth helps Amazon to another earnings beat, and its stock jumps

By Mike Wheatley Oct 31, 2024

Strong growth in Amazon.com Inc.’s cloud and advertising businesses paved the way to another impressive earnings and revenue beat today. The company’s stock was moving higher in extended trading, even though its guidance for…

Infra

Sluggish chip sales curtail Samsung’s profits, worrying investors

By Mike Wheatley Oct 30, 2024

Samsung Electronics Co. Ltd.’s third-quarter profit jumped by 73% from a year earlier, but although that number sounds good, it wasn’t nearly enough to satisfy investors. That’s because the pace of acceleration was significantly…

Mike Wheatley

Qualcomm and Arm each cruise to another earnings and revenue beat

Mozilla’s open internet advocacy efforts falter as it lays off 30% of its staff

Supermicro’s stock falls on revenue miss and uncertainty over annual filing, increasing fears of a delisting

NXP tumbles on weak outlook as automotive chip revenue declines

Astera Labs delivers blowout earnings and revenue beat and its stock jumps

Apple beats Wall Street’s targets as iPhone 16 sales get off to a solid start

Intel surprises Wall Street with solid earnings and revenue, but success in AI remains elusive

Cloud growth helps Amazon to another earnings beat, and its stock jumps

Sluggish chip sales curtail Samsung’s profits, worrying investors

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