Mike Wheatley, Author at SiliconANGLE

AI

Cisco advances intelligent networking and security as it announces $1B AI investment fund

By Mike Wheatley Jun 4, 2024

Cisco Systems Inc. is doubling down on its artificial intelligence push with a host of new AI-powered products and services, plus various other initiatives focused on AI. At its annual networking and security conference,…

Cloud

Google Cloud delivers enhanced generative AI capabilities to SAP customers

By Mike Wheatley Jun 4, 2024

Google Cloud and SAP SE say they’re building on their longstanding relationship with a number of new integrations across artificial intelligence and infrastructure aimed at helping SAP users better innovate and manage their data.…

Cloud

GitLab delivers strong earnings beat and raises guidance, but investors are unimpressed

By Mike Wheatley Jun 3, 2024

Shares of GitLab Inc. were trading slightly lower in the after-hours session today, even though the company reported strong fiscal first-quarter earnings and revenue and followed that with strong guidance. The company reported a…

AI

Amazon’s Project P.I. uses generative AI to scan packages for defective products

By Mike Wheatley Jun 3, 2024

Amazon.com Inc. today revealed one of the more practical ways in which it’s putting generative artificial intelligence technology to use.:The company explained that Project P.I. is an AI-powered system that combines generative AI with…

Infra

Booming AI chip demand helps Marvell offset alarming revenue declines elsewhere but stock sags

By Mike Wheatley May 30, 2024

Semiconductor manufacturer Marvell Technology Inc. rode the wave of artificial intelligence demand to deliver solid earnings and revenue in its first quarter, but its stock fell a bit after-hours on a day when many…

Big Data

MongoDB’s stock tanks on lower guidance

By Mike Wheatley May 30, 2024

A disappointing forecast for the coming quarter and full year sent database company MongoDB Inc. headlong into a tailspin today, as the value of its stock dropped like a lead balloon in after-hours trading today.…

Infra

Dell’s stock plummets as rising AI server demand eats away at its gross margin, but AI boosts NetApp

By Mike Wheatley May 30, 2024

Shares of Dell Technologies Inc. cratered in extended trading today as analysts raised concerns over the impact of rising demand for artificial intelligence servers on the company’s overall profitability. Dell officials said they expect…

Infra

Rising commercial PC sales help HP beat earnings and revenue targets

By Mike Wheatley May 29, 2024

Personal computer maker HP Inc. delivered a decent earnings and revenue beat today as it revealed its latest financial numbers, sending its stock up by about 2% in the after-hours trading session. The company’s…

Infra

Shares of Nutanix plunge on lower guidance, while Pure Storage jumps on bullish forecast

By Mike Wheatley May 29, 2024

The fortunes of data center infrastructure providers Nutanix Inc. and Pure Storage Inc. are in stark contrast today, with the companies offering very different outlooks for the current quarter. Nutanix’s shares fell more than…

AI

UiPath’s stock plummets as CEO Rob Enslin abruptly resigns and guidance disappoints

By Mike Wheatley May 29, 2024

Updated with Thursday stock price: Shares of the automation software company UiPath Inc. were battered in after-hours trading today and were falling more than 35% Thursday after it shocked investors with a surprise leadership…

Mike Wheatley

Cisco advances intelligent networking and security as it announces $1B AI investment fund

Google Cloud delivers enhanced generative AI capabilities to SAP customers

Amazon’s Project P.I. uses generative AI to scan packages for defective products

Booming AI chip demand helps Marvell offset alarming revenue declines elsewhere but stock sags

MongoDB’s stock tanks on lower guidance

Dell’s stock plummets as rising AI server demand eats away at its gross margin, but AI boosts NetApp

Rising commercial PC sales help HP beat earnings and revenue targets

UiPath’s stock plummets as CEO Rob Enslin abruptly resigns and guidance disappoints

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