Mike Wheatley, Author at SiliconANGLE

Apps

Strong iPhone sales help Apple return to growth, but its stock falls on cautious guidance

By Mike Wheatley Feb 1, 2024

Apple Inc. delivered strong results for its fiscal first quarter today, notably cutting a streak of four successive quarters of revenue declines. However, with sales falling more than 13% in the all-important Chinese market,…

Cloud

Amazon’s stock rises after it trounces analysts’ earnings expectations

By Mike Wheatley Feb 1, 2024

Shares of Amazon.com Inc. trended higher in the after-hours session today after the company delivered fourth-quarter financial results that sailed past analysts’ expectations. The company followed its results with strong guidance for the current quarter,…

AI

Allen Institute for AI launches open and transparent OLMo large language model

By Mike Wheatley Feb 1, 2024

The Allen Institute for AI, a nonprofit organization created by the late Microsoft Corp. co-founder Paul Allen, said today it’s bringing more transparency into the generative artificial intelligence industry with what it says is…

Big Data

Neurelo launches with $5M in funding to simplify database connectivity headaches

By Mike Wheatley Jan 31, 2024

Neurelo Inc., a startup that has created a cloud-based data application programming interface platform for PostgreSQL, MongoDB and MySQL databases, launched today armed with $5 million in seed funding. The round was led by Foundation…

Infra

Qualcomm beats the Street’s estimates but warns of slow smartphone recovery

By Mike Wheatley Jan 31, 2024

Qualcomm Inc. blew past Wall Street’s quarterly earnings and revenue forecasts as it delivered its fiscal first-quarter 2024 results, but its stock traded lower after the smartphone chipmaker issued cautious guidance. The company reported earnings…

Infra

Samsung records lowest annual profit in more than 15 years

By Mike Wheatley Jan 30, 2024

Shares of Samsung Electronics Co. Ltd. were trading lower late today after the company delivered its weakest annual earnings in more than a decade, with its operating profit falling by 3% from a year…

Infra

Light guidance weighs heavily on AMD, sending its stock lower

By Mike Wheatley Jan 30, 2024

Shares of the chipmaker Advanced Micro Devices Inc. traded lower in late trading today after the company slightly disappointing fourth-quarter earnings results and offered a forecast that came up light. The company’s stock fell…

Cloud

Alphabet’s stock falls as advertising revenue falls short of Wall Street’s targets

By Mike Wheatley Jan 30, 2024

Shares of Alphabet Inc. fell more than 5% in after-hours trading today after it reported a solid fourth-quarter earnings beat but missed expectations on advertising revenue. The company reported its fastest quarter in terms…

Cloud

SAP announces new migration program to help ERP customers embrace the cloud

By Mike Wheatley Jan 30, 2024

Information technology software giant SAP SE said today it’s launching a new RISE with SAP Migration and Modernization program to help companies move their enterprise resource planning environments to the cloud, where they can benefit…

Infra

Super Micro’s stock pops on monster earnings and revenue outlook

By Mike Wheatley Jan 29, 2024

Shares of the computer server maker Super Micro Computer Inc. rallied in late trading today after the company beat Wall Street’s targets with its second-quarter financial results and followed up with a stunning forecast…

Mike Wheatley

Strong iPhone sales help Apple return to growth, but its stock falls on cautious guidance

Amazon’s stock rises after it trounces analysts’ earnings expectations

Allen Institute for AI launches open and transparent OLMo large language model

Qualcomm beats the Street’s estimates but warns of slow smartphone recovery

Samsung records lowest annual profit in more than 15 years

Light guidance weighs heavily on AMD, sending its stock lower

Alphabet’s stock falls as advertising revenue falls short of Wall Street’s targets

Super Micro’s stock pops on monster earnings and revenue outlook

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