Mike Wheatley
Latest from Mike Wheatley
Cloud computing infrastructure provider DigitalOcean Holdings Inc. delivered a strong earnings and revenue beat and posted a sales forecast for the current quarter that came in above estimates, sending its stock sky-high in extended trading today. DigitalOcean’s stock had already gained 7% …
FTX founder Sam Bankman-Fried convicted on all seven counts in fraud and conspiracy trial
Sam Bankman-Fried, co-founder of the now defunct cryptocurrency exchange FTX Trading Ltd., has been found guilty on all seven counts in his federal trial on fraud and conspiracy charges. The jury deliberated for just over four hours before reaching its verdict late …
Apple beats expectations but declining revenue and weak guidance weighs on stock
Apple Inc. delivered fiscal fourth-quarter earnings and revenue today that topped analysts’ expectations, but its overall sales declined for a fourth successive quarter. Each of its hardware businesses outside of iPhone struggled, and executives indicated that the company is unlikely to return …
With RAGStack, DataStax enables generative AI models to gain additional context from third-party data
Database startup DataStax Inc. is looking to boost its relevance in the generative artificial intelligence industry with the launch today of a new offering called RAGStack. It’s described as an “out-of-the-box RAG solution” that aims to simplify a technique known as retrieval …
JFrog beats expectations and offers strong guidance, and its stock soars
JFrog Ltd. delivered strong third-quarter results today that came in above Wall Street’s expectations. The software supply chain tooling company also provided a strong forecast for the coming quarter, despite seeing its business hurt by the conflict in Israel, where more than …
Confluent’s stock gets hammered on weak revenue guidance
Shares of the big-data software company Confluent Inc. took a pounding in the after-hours trading session today, losing more than a third of its value in response to light revenue guidance for the coming quarter and full year. The company reported strong …
Qualcomm points to signs of recovery in smartphone sales, sending its stock higher
Smartphone chipmaker Qualcomm Inc. today reported fiscal fourth-quarter financial results that surpassed analysts’ expectations, offered strong guidance for the current quarter, and talked up its prospects in artificial intelligence, sending its stock up more than 3% in extended trading. The company reported …
Box announces Vertex-powered generative AI tools to process and analyze documents faster
Cloud content management platform Box Inc. said today it will integrate with Google Cloud’s Vertex AI platform to enable enterprises to build generative artificial intelligence features that can help users more easily process and analyze data stored within Box Content Cloud. The …
FusionAuth raises $65M to its developer-friendly identity and access management platform
The developer-focused customer identity and access management platform FusionAuth said today it has closed a bumper $65 million investment from Updata Partners. The round marks the first time FusionAuth, officially known as Inversoft Inc., has raised capital externally. The company said it …
AWS offers more flexible access to Nvidia GPUs for short-duration AI workloads
Amazon Web Services Inc. said today it’s launching a new consumption model for enterprises looking to reserve access to cloud-hosted graphics processing units for short-duration artificial intelligence workloads. Amazon Elastic Compute Cloud (EC2) Capacity Blocks for ML, generally available now, and allows …