Mike Wheatley, Author at SiliconANGLE

AI

Arista Networks beats expectations and offers strong guidance on AI demand

By Mike Wheatley Nov 7, 2024

Shares of Arista Networks Inc. fell more than 6% in late-trading after the company delivered strong third-quarter earnings and revenue and offered guidance that came in above expectations. The company reported earnings before certain…

Emerging Tech

IonQ snaps up quantum networking company Qubitekk, but financial results disappoint investors

By Mike Wheatley Nov 6, 2024

Quantum computing specialist IonQ Inc. said today it plans to acquire virtually all of the operating assets of quantum networking startup Qubitekk Inc., as it looks to build out the infrastructure required to scale…

Cloud

Kyndryl sees good traction with AI consulting services, and its stock moves higher

By Mike Wheatley Nov 6, 2024

Kyndryl Holdings Inc., the information technology infrastructure services company that was formerly part of IBM Corp., delivered a narrow earnings and revenue beat today, nudging its stock higher after-hours. The company reported a fiscal…

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…

Mike Wheatley

Arista Networks beats expectations and offers strong guidance on AI demand

IonQ snaps up quantum networking company Qubitekk, but financial results disappoint investors

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

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