Mike Wheatley
Latest from Mike Wheatley
Flexible employee learning platform provider Learnsoft raises $16.7M
Employee learning software provider Learnsoft Technology Group said today it has closed on a $16.7 million Series A round of funding led by Elsewhere Partners and hired a new chief executive to lead it through its next phase of operational and product growth. Learnsoft is the creator of a software-as-a-service platform that enables companies in ...
C3.ai’s stock tumbles on lower forecast and plan to revamp its business model
Shares of the artificial intelligence software provider C3.ai Inc. crashed in after-hours trading today after the company cut its full-year revenue outlook and announced a major overhaul of its business model in the midst of what it termed an “economic downturn.” The company, which refers to itself as C3 AI, delivered some mixed first-quarter numbers. ...
MongoDB’s stock falls hard on lower profit forecast
Database software firm MongoDB Inc. might feel a bit hard done by today after posting financial results that easily beat Wall Street’s expectations, only to see its stock fall hard and fast after warning of a slightly bigger-than-expected loss in the coming quarter. The company reported a second-quarter loss before certain costs such as stock ...
Data center providers Nutanix and Pure Storage surprise Wall Street with solid earnings
Data center infrastructure firms Nutanix Inc. and Pure Storage Inc. showed their resilience today, with both companies delivering financial results that surpassed Wall Street’s expectations. They also offered strong guidance for the next three months, sending their stocks up higher in extended trading. The results were all the more impressive as they came during a ...
Microsoft Azure’s first Arm-based virtual machines now generally available
Microsoft Corp. today announced that Arm-based virtual machines are now ready for prime time on the Azure cloud platform, following a preview that launched in April. The company explained that the Arm VMs, which are essentially software-based computers, will become generally available on Sept. 1 across 10 of its global Azure regions. They include five ...
Lower sales and weak guidance send HP’s stock down after-hours
Shares of the personal computer maker HP Inc. tumbled in after-hours trading today as the company reported lower-than-expected sales and offered weak guidance for the next three months. The company reported fiscal third-quarter earnings before certain costs such as stock compensation of $1.04 per share, in the middle of the $1.03 to $1.08 range it had ...
HPE’s stock ticks up slightly as it matches Wall Street’s expectations
Hewlett Packard Enterprise Co. demonstrated the resiliency of its business as it posted fiscal third-quarter financial results that were in line with Wall Street’s expectations, pushing its stock slightly higher in after-hours trading. The company reported earnings before certain costs such as stock compensation of 48 cents per share on revenue of $6.95 billion, up ...
Dell announces DPU-powered VxRail systems for multicloud and edge-based VMware workloads
Dell Technologies Inc. might not own VMware Inc. anymore, but the two companies are still as close as ever, teaming up to co-engineer a range of new data center infrastructure systems they’ve announced today at VMware Explore 2022. The new systems, announced alongside updates to Dell’s APEX infrastructure-as-a-service portfolio, are all about helping companies embrace ...
Nvidia and Dell to supercharge virtualization workloads with BlueField DPUs
Nvidia Corp. said today it’s partnering with Dell Technologies Inc. to help enterprises “supercharge” the performance of virtualized workloads powered by VMware Inc.’s vSphere 8. The chipmaker said it’s able to do this by pairing its specialized Nvidia BlueField data processing units, graphics processing units and AI Enterprise software with Dell’s high-end PowerEdge servers in ...
AMD’s latest data processing chips to support VMware vSphere 8
Advanced Micro Devices Inc. said today it’s cozying up to the software virtualization giant VMware Inc., optimizing its AMD Pensando Distributed Services Card to run VMware vSphere 8. The AMD Pensando data processing units will be available in a range of new servers from partners including Dell Technologies Ltd., Hewlett Packard Enterprise Co. and Lenovo ...