Mike Wheatley
Latest from Mike Wheatley
Juniper misses Wall Street’s revenue growth targets and its stock falls
Juniper Networks Inc. saw its stock fall more than 3% in extended trading today after matching expectations on earnings, missing estimates on revenue and offering lower-than-expected guidance for the coming quarter. The company reported a net income for the fourth quarter of $180.4 million, up from $132.9 million in the same period last year. Earnings ...
AMD beats expectations and grows its revenue on strong data center chip sales
Advanced Micro Devices Inc. surprised Wall Street today as it beat expectations on sales and profit in its fourth-quarter financial results, thanks to strength in its data center division. But the company warned analysts that it’s expecting a 10% revenue decline for the current quarter. The chipmaker’s stock rose 2% in after-hours trading nonetheless. AMD ...
Observe.AI debuts real-time AI conversational prompts for call center agents
Contact center intelligence platform provider Z21 Labs Inc., better known as Observe.AI, today announced a new Real-Time AI product suite that will provide call center agents with live, in-the-moment guidance to improve their call interactions as they’re speaking with customers. The new offering is designed to help call center agents successfully resolve every customer query ...
Quantum computing infrastructure software startup Q-CTRL raises $27.4M
Quantum computing infrastructure startup Q-CTRL Pty. Ltd. said today it has closed on a $27.4 million Series B-1 fundraise, bringing its total Series B round to more than $52 million — the largest among all quantum software companies, according to Pitchbook data. Today’s round was led by Salesforce Ventures and saw participation from new investors ...
Cisco’s collaboration devices add support for Microsoft Teams
Cisco Systems Inc. announced today that it’s making a range of its enterprise collaboration devices compatible with Microsoft Teams, aiming to enable a more inclusive hybrid work experience. The announcement came alongside the launch of the new Cisco Table Microphone Pro, which is a digital, multidirectional table microphone for collaborative workspaces. With its new Cisco ...
Profit from Samsung’s memory chip business falls by a stunning 90%
Samsung Electronics Co. Ltd. saw its quarterly profit collapse after suffering a steep drop in demand for memory chips that resulted from consumers buying fewer electronic gadgets. In its fourth-quarter earnings results published today, the South Korean company revealed that profit from its semiconductor business fell by a stunning 90%, to just 270 billion won ...
Confluent beats expectations as its revenue jumps more than 40%
Confluent Inc., a provider of real-time big-data streaming tools, reported fourth-quarter earnings and revenue that topped Wall Street’s expectations today, but its guidance for the coming quarter failed to excite investors and its stock barely moved in after-hours trading. The company reported a loss before certain costs such as stock compensation of nine cents per share, ...
NXP Semiconductor delivers mixed results as mobile and IoT chip demand falters
Shares of NXP Semiconductor N.V. fell in extended trading today after the chipmaker delivered mixed quarterly results and guidance for the first quarter of fiscal 2023 that came in below expectations. The company reported a net income for the fourth quarter of $602 million, with earnings before certain costs such as stock compensation coming to ...
ChatGPT rivals Anthropic AI and Character AI reportedly chasing megabuck funding rounds
Artificial intelligence startups Anthropic AI and Character Technologies Inc. are reportedly closing on blockbuster funding rounds backed by a number of high-profile venture capital firms, according to reports this weekend. In the case of Anthropic, the New York Times Friday cited two people with knowledge of the matter as saying it’s zeroing in on a $300 ...
Pearl Health, which uses data science to power value-based healthcare, raises $75M
Medical technology startup Latitude Health Inc., which likes to be known as Pearl Health, said today it has closed on an oversubscribed $75 million funding round, bringing its total amount raised to date to more than $100 million. Today’s Series B round was led by Andreessen Horowitz’s Growth Fund and Viking Global Investors, and saw ...