Mike Wheatley
Latest from Mike Wheatley
Intel says it will squeeze 1 trillion transistors onto a chip package by 2030
Intel Corp. researchers this weekend revealed a number of technological innovations and concepts, including packaging improvements that could result in computer chips that are 10 times as powerful as today’s most advanced silicon. According to the company, its latest research could pave the way for chips with more than a trillion transistors by 2030, significantly ...
AWS adds Yahoo and Stability AI to its growing list of cloud customers
Amazon Web Services Inc. wrapped up day four of its annual conference AWS re:Invent with news of some big customer wins. Both Yahoo Inc. and Stability AI Ltd. said they have chosen AWS as their preferred public cloud provider for key business workloads. In Yahoo’s case, the internet giant said it has chosen AWS to ...
Asana warns of lower revenue in the coming quarter and its stock tumbles
Work management software company Asana Inc.’s stock crashed in late-trading today on the back of a forecast for fourth-quarter sales that came in below Wall Street’s estimates. The company explained that “macroeconomic cross currents” are likely to hurt its business in the near term, sending its stock down more than 11%. The warning came in ...
UiPath’s stock rises on impressive earnings beat and strong guidance
Shares of the business automation software firm UiPath Inc. pumped hard in extended trading after it posted third-quarter financial results that easily beat expectations. On the bottom line, the company narrowed its overall loss. It also offered strong guidance for the coming quarter. In its statement, UiPath reported earnings before certain costs such as stock ...
Sentry acquires code analysis startup Codecov to boost its app monitoring platform
Developer-focused application monitoring platform Sentry is beefing up its capabilities after closing today on the acquisition of a company called Codecov LLC, whose tools help DevOps teams to ship more reliable code. Sentry, which is officially known as Functional Software Inc., is an open-source, cross-platform error tracking tool that’s used by developers to monitor and ...
Pure Storage and Nutanix post solid earnings results
Data center infrastructure suppliers Pure Storage Inc. and Nutanix Inc. both sprung a surprise on Wall Street today, posting earnings and revenue that topped analysts’ expectations. However, the results failed to excite investors all that much, as both companies’ shares stayed more or less flat after-hours. Pure Storage revenue grows 20% Pure Storage has put ...
Splunk beats expectations and edges closer to profitability, sending its stock higher
Big data analytics company Splunk Inc. is flying high today, its stock up more than 8% in after-hours trading after it reported third-quarter financial results that topped Wall Street’s expectations. The company reported earnings before certain costs such as stock compensation of 83 cents per share on revenue of $930 million, up by an impressive ...
Despite earnings beat, light revenue guidance sends Snowflake’s stock down
Cloud data warehouse darling Snowflake Inc.’s stock fell more than 13% in extended trading at one point today after the company offered light product revenue guidance for the coming quarter. The light guidance came after the company reported its third-quarter financial results, beating Wall Street’s expectations. Snowflake revealed that its earnings before certain costs such ...
Amazon signs up Brookfield as its newest cloud customer and inks renewable energy deal
Amazon Web Services Inc. chalked up another big customer win at AWS re:Invent today, as Brookfield Asset Management Inc. said it has chosen AWS as its preferred cloud provider. Brookfield, one of the world’s largest alternative investment management companies and a leading investor in renewable energy, said the partnership with AWS will enable it to accelerate ...
Striim brings real-time data integration and streaming to AWS applications
Striim Inc. is expanding its real-time data integration capabilities with the launch of Striim Cloud on Amazon Web Services Inc., enabling customers to stream data to their AWS-based applications the moment it’s generated. Generally available starting today, Striim Cloud on AWS makes it simple to deliver real-time, autonomous data pipelines to any application hosted on ...