Mike Wheatley, Author at SiliconANGLE

Infra

Intel beats expectations, reveals new foundry customers and traction in AI, sending its stock higher

By Mike Wheatley Oct 26, 2023

Chipmaker Intel Corp.’s stock gained almost 8% in the extended trading session today after it delivered an upbeat forecast, beat expectations on profit and sales, talked up new customers for its nascent foundry business,…

Cloud

Amazon delivers strong earnings and revenue beat, but cloud growth remains sluggish

By Mike Wheatley Oct 26, 2023

Despite its cloud unit falling short of investor hopes, Amazon.com Inc. delivered third-quarter earnings and revenue that easily surpassed Wall Street’s, sending its stock higher in extended trading. The company reported earnings before certain…

Cloud

ServiceNow’s stock rises as it tops analysts’ predictions

By Mike Wheatley Oct 25, 2023

ServiceNow Inc., the information technology workflow management company, posted better-than-expected third-quarter financial results today, sending its stock higher in extended trading. The company reported a net income of $242 million for the quarter, with…

Apps

Meta bests forecast but uncertainty over Middle East war weighs on stock

By Mike Wheatley Oct 25, 2023

Shares of Facebook’s parent company Meta Platforms Inc. took a hit in extended trading today after it easily beat Wall Street’s expectations comfortably only to spook investors with ambiguousness over its prospects in the…

Cloud

IBM beats expectations as AI powers software revenue growth

By Mike Wheatley Oct 25, 2023

Shares of IBM Corp. gained a percentage point in the after-hours trading session today after the company delivered third-quarter financial results that came in just ahead of analyst’s expectations The company reported earnings before…

AI

Cisco’s Webex AI combines audio, video and text intelligence to improve business communications

By Mike Wheatley Oct 25, 2023

Cisco Systems Inc. today outlined some of the innovative ways it’s planning to use generative artificial intelligence within its Webex communications and collaboration platform. At its WebexOne event in Anaheim, California, it said it…

AI

SAP announces new generative AI capabilities to enhance customer experiences

By Mike Wheatley Oct 25, 2023

SAP SE, a top provider of cloud-based enterprise resource planning software, said today it’s expanding its generative artificial intelligence push with a host of new capabilities available now within its portfolio of customer experience…

AI

Report: Generative AI search startup Perplexity AI seeking millions in venture capital funding

By Mike Wheatley Oct 24, 2023

The generative artificial intelligence search engine Perplexity AI is said to be on the verge of landing a massive funding round that will leave it valued at about $500 million, up from its $150…

Cloud

Cloud revenue miss drags on Alphabet’s stock, despite strong results overall

By Mike Wheatley Oct 24, 2023

Alphabet Inc., the parent company of Google LLC, reported double-digit revenue growth for the first time in over a year today as it delivered its third-quarter financial results. The expansion was driven by a…

Infra

Nvidia and Lenovo team up to deliver powerful generative AI hardware in any location

By Mike Wheatley Oct 24, 2023

Nvidia Corp. wants to tighten its grip on the enterprise artificial intelligence market, and it’s looking to do so by strengthening its partnership with Lenovo Group Ltd. In a new collaboration announced today, it…

Mike Wheatley

Intel beats expectations, reveals new foundry customers and traction in AI, sending its stock higher

ServiceNow’s stock rises as it tops analysts’ predictions

Meta bests forecast but uncertainty over Middle East war weighs on stock

IBM beats expectations as AI powers software revenue growth

Cisco’s Webex AI combines audio, video and text intelligence to improve business communications

SAP announces new generative AI capabilities to enhance customer experiences

Report: Generative AI search startup Perplexity AI seeking millions in venture capital funding

Nvidia and Lenovo team up to deliver powerful generative AI hardware in any location

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