Mike Wheatley
Latest from Mike Wheatley
Cisco Systems Inc. today unveiled a new security service edge offering that it says will help enterprises to securely connect their growing portfolios of edge resources, such as cloud, private and software-as-a-service applications. The new SSE offering comes alongside two additional security …
Couchbase stock falls on wider loss and soft guidance
Database company Couchbase Inc. beat expectations today thanks to solid revenue growth, but it offered light guidance for the coming quarter that sent its stock down after-hours. The company reported a wider loss for the first quarter of $21.8 million, compared with …
Instabase debuts generative AI tools to help users understand any kind of content
Business application development platform Instabase Inc. is set to announce Wednesday the launch of AI Hub, a new offering that includes a repository of artificial intelligence applications for content understanding and a set of generative AI-based tools. Instabase is a platform for businesses …
Cloudera creates observability tool to help enterprises manage cloud costs
Big-data company Cloudera Inc. is getting into the observability game with the launch of a new tool that provides insights into the data, applications and infrastructure they operate on-premises and across public clouds. Cloudera Observability is available now for all Cloudera Data …
Data protection software startup Rubrik reportedly planning $750M IPO
Data protection startup Rubrik Inc., which was valued at more than $4 billion when it raised money from backers that included Microsoft Corp. two years ago, has hired a number of banks to assist with its initial public offering, according to a …
Solid earnings beat and strong forecast send GitLab’s stock soaring
GitLab Inc.’s stock was riding high in extended trading today after the DevOps company posted strong first-quarter results that topped expectations, offered a strong forecast for the coming quarter and raised its full-year guidance. The company reported a net loss for the …
Globality’s chatbot Glo now uses generative AI to enhance procurement processes and lower costs
Autonomous sourcing startup Globality Inc. is injecting some trendy new generative artificial intelligence capabilities into its platform “Glo,” which is available to all customers from today. Globality is the creator of an AI-powered enterprise procurement platform aimed at helping companies save money …
Elastic grows revenue and expands its customer base, but light guidance weighs on stock
Enterprise search technology provider Elastic N.V. delivered strong fiscal fourth-quarter earnings results today, beating expectations, only for its stock to fall in after-hours trading on the back of soft guidance. The company reported a net loss of $46.7 million, improving from the …
MongoDB’s stock explodes on blowout earnings results and bullish forecast
MongoDB Inc. delivered blowout fiscal first-quarter earnings results today and raised its full-year guidance thanks to a significant number of customer wins, sending its stock through the roof in extended trading. The company reported a net loss of $54 million for the …
Broadcom’s stock dips as analysts question generative AI growth prospects
Shares of computer chipmaker Broadcom Inc. wavered up and down in extended trading today after it reported strong financial results and guidance for the coming quarter. The company reported a fiscal second-quarter net income of $3.48 billion, up from a profit of …