Mike Wheatley
Latest from Mike Wheatley
Despite beating earnings expectations and raising its full-year outlook, ServiceNow’s stock falls
ServiceNow Inc. raised its full-year outlook for the second time this year after posting strong financial results that came in ahead of expectations today, yet its stock fell more than 3% in extended trading. The results were delivered as the work automation software provider detailed two new generative artificial intelligence products and an alliance with ...
Meta’s stock rallies on strong earnings beat and bullish guidance
Meta Platforms Inc. chalked up its most profitable quarter since 2021, beat analysts forecasts on earnings and revenue, and offered strong guidance for the current period, sending its stock up 7% in after-hours trading. The Facebook parent company reported second-quarter earnings before certain costs such as stock compensation of $2.98 per share, ahead of the ...
ServiceNow expands its generative AI toolbox with case summarization and text-to-code
ServiceNow Inc. said today it’s expanding its Now Assist family of artificial intelligence features with the launch of two brand new capabilities. The new features include Case Summarization, which uses generative AI to distill key information automatically across information technology, human resources and customer service use cases, and Text-to-Code, which converts natural language text prompts ...
Stability AI launches text-to-image model Stable Diffusion XL 1.0 on Amazon Bedrock
Open generative artificial intelligence startup Stability AI Ltd. has released the most advanced version of its flagship text-to-image model, Stable Diffusion XL 1.0. Launched today, SDXL 1.0 will be made available through a range of platforms, including the Stability AI application programming interface, Stability AI’s GitHub page and its Clipdrop and DreamStudio consumer applications. It ...
New Relic debuts interactive application testing platform to secure code faster
New Relic Inc. is expanding its observability toolbox with a new service called New Relic Interactive Application Security Testing, available today in public preview. According to the company, New Relic IAST extends application security testing by providing visibility and context into the findings. It also offers advanced threat and vulnerability detection accuracy with near-zero false ...
AWS offers new generative AI training courses targeting beginners and experts
Firm in its belief that the best way to get to grips with generative artificial intelligence is with hands-on experience, Amazon Web Services Inc. today announced a series of educational courses for people of all experience levels. Generative AI has captured widespread attention this year through the emergence of chatbots with humanlike qualities, such as ...
Alphabet CFO Ruth Porat takes on new role overseeing its investments and new initiatives
Alphabet Inc. finance chief Ruth Porat is taking on a new role at the company, overseeing its investment strategy and various initiatives in its Other Bets portfolio, such as Nest, Verily, Waymo and X. Today’s announcement came as Google LLC’s parent company delivered its second-quarter earnings report, beating expectations thanks to encouraging growth in its cloud ...
Strong cloud growth driven by AI workloads boosts Alphabet’s stock
Shares of Google LLC’s parent company Alphabet Inc. gained more than 5% in extended trading today as the company delivered more than $8 billion in cloud revenue for the first time. The company reported second-quarter earnings before certain costs such as stock compensation of $1.44 per share, beating Wall Street’s estimate of $1.34 per share. ...
Microsoft’s stock falls as demand for cloud services cools
Shares of Microsoft Corp. fell more than 3% in the after-hours trading session today after the Windows software maker and cloud computing giant offered softer-than-expected guidance for the current quarter. Microsoft did at least beat expectations in the quarter just gone. The company reported net income of $20.1 billion for its fiscal 2023 fourth quarter, up ...
Nvidia’s DGX Cloud platform now available, offering instant access to generative AI infrastructure
Nvidia Corp. today announced broad availability of the next-generation of its DGX supercomputing platform, Nvidia DGX Cloud, giving companies access to thousands of graphics processing units on Oracle Cloud Infrastructure and its own cloud-based servers. Announced at Nvidia’s GTX conference in March, DGX Cloud is a cloud-hosted artificial intelligence supercomputing service that provides immediate access ...
