Mike Wheatley
Latest from Mike Wheatley
Autodesk delivers strong results but offers cautious outlook for this year
Computer-aided design software pioneer Autodesk Inc. posted strong fourth-quarter financial results today, beating expectations on earnings and revenue. However, the company followed up with weak guidance for the next three-month period and its stock dipped slightly in the after-hours trading session, having made gains earlier in the day. The company reported earnings before certain costs ...
Dell’s stock falls sharply on unexpected fourth-quarter loss
Computer and data center infrastructure giant Dell Technologies Inc. saw its stock fall hard in extended trading today after missing forecasts on earnings and posting a surprise fourth-quarter loss. The company did beat expectations on revenue, at least, thanks to record-breaking personal computer shipments. However, investors couldn’t stomach the net loss of $29 million, sending ...
Quantum Machines claims unique ability to perform real-time quantum error correction
Quantum Machines Ltd., a startup with a hardware platform that makes quantum computers easier to build and operate, today said its latest Pulse Processor Unit, called “Hadamard,” is now generally available. The company is the creator of a hardware platform that helps to manage the “qubits” in quantum computers. Traditional servers play an important role ...
Striim debuts Striim Cloud, a real-time data streaming-as-a-service offering
Data integration startup Striim Inc. is expanding its real-time data capabilities with the launch of its new Striim Cloud, a software-as-a-service based offering that’s aiming to power more informed decision-making based on the most up-to-date information. Available now, Striim Cloud is said to deliver real-time, autonomous data pipelines to almost any kind of application. It ...
Microsoft goes big on multicloud security with Defender for Cloud update
Microsoft Corp. today laid claim to what it says is the industry’s first native multicloud security offering following a major update to Microsoft Defender for Cloud. The service now provides native support for Google Cloud environments, with the new capability now available in public preview for all customers. Microsoft Defender for Cloud was previously two ...
Five9’s stock flops in extended trading despite earnings beat
Shares of the call center technology provider Five9 Inc. plunged in after-hours trading today after the company posted its fourth-quarter financial results. Although Five9 beat Wall Street’s expectations on earnings and revenue, its guidance for the next quarter fell short. The company reported a net loss of $3.6 million in the quarter, with earnings before ...
NetApp delivers solid earnings, but mixed guidance sends stock down after-hours
Data storage company NetApp Inc. today beat expectations on fiscal third-quarter earnings and delivered revenue in-line with forecasts, but its stock fell 9% in extended trading after it warned that earnings in the next quarter would likely miss analysts’ targets. The company reported third-quarter earnings before certain costs such as stock compensation of $1.44 per share, ...
Aporia raises $25M to grow its AI observability platform
Machine learning observability startup Aporia Technologies Ltd. said today it has raised $25 million in an early-stage round of funding to help enterprises trust the accuracy of their artificial intelligence models. Today’s Series A round was led by the venture capital firm Tiger Global, with participation from Samsung Next and existing investors TLV Partners and ...
StormForge automates cost optimization for Kubernetes apps
Kubernetes resource management software firm StormForge added a new feature to its platform today called StormForge Optimize Live, allowing it to automatically and intelligently improve the efficiency of application’s production environments. StormForge, officially known as Gramlabs Inc., sells a cloud-based performance testing platform that companies use to quickly create load tests and scale from tens ...
NRoad launches Convus AI to help financial services firms squeeze insights from unstructured data
Artificial intelligence startup nRoad Inc. today announced the launch of its Convus platform, which is focused on helping financial services firms obtain insights from unstructured data. The company has declared it’s waging “war on documents,” with the aim of helping organizations overcome the difficulty of extracting insights from unstructured data, which includes everything from text-based ...
