Mike Wheatley
Latest from Mike Wheatley
Cybersecurity startup Snyk Ltd. announced today that it has closed on a $196.5 million late-stage round of funding led by the Qatar Investment Authority. New investors Evolution Equity Partners, G Squared and Irving Investors also participated in the Series G round, along …
Oracle’s stock posts small gain as cloud powers strong revenue growth
Shares of database giant Oracle Corp. ticked up slightly in after-hours trading today after it reported fiscal first quarter results that beat analysts’ expectations, but its earnings forecast for the coming quarter came in lighter than expected. The company reported earnings before …
DocuSign’s stock soars as it crushes earnings and revenue estimates
The electronic signature software firm DocuSign Inc. finally caught a break today, posting stronger-than-expected third-quarter financial results that sent its stock much higher in extended trading. The company reported earnings before certain costs such as stock compensation of 57 cents per share, …
Broadcom’s stock rises on solid earnings beat as chip sales stay strong
Computer chip giant Broadcom Inc. delivered fiscal fourth-quarter earnings and revenue today that topped expectations, followed by an outlook that came in ahead of estimates, sending its stock higher in extended trading today. Shares of the company rose more than 3% in …
AWS, Google, Microsoft and Oracle all get a piece of the Pentagon’s $9B JWCC cloud computing contract
The Pentagon announced today that Amazon Web Services Inc., Microsoft Corp., Google LLC and Oracle Corp. have each been awarded a share of a $9 billion cloud computing contract that will run through 2028. The Joint Warfighting Cloud Capability contract is aimed …
C3 AI beats Wall Street’s expectations after completing new business model shift
Artificial intelligence company C3.ai Inc. posted fiscal second-quarter financial results today that just beat Wall Street’s expectations, but its stock barely moved in extended trading. The company, which refers to itself as C3 AI, reported a loss before certain costs such as …
Enterprise investments in ‘infrastructure as code’ power rapid growth at HashiCorp
Infrastructure-as-code leader HashiCorp Inc. delivered strong third-quarter financial results today that topped Wall Street’s expectations, sending its stock higher in late trading. The company reported a loss before certain costs such as stock compensation of 13 cents per share, well ahead of …
Data-in-use encryption startup Vaultree raises $12.8M in early-stage funding
Data encryption startup Vaultree Ltd. today closed on a $12.8 million early-stage round of funding that brings its total amount raised to $16 million. The Series A round was led by Molten Ventures and Ten Eleven Ventures, and saw participation from SentinelOne, …
Nvidia and Deutsche Bank team up to deliver enhanced, AI-powered financial services
Nvidia Corp. today announced a multiyear “innovation partnership” in which it will work closely with Germany’s Deutsche Bank AG to accelerate the use of artificial intelligence and machine learning technologies in the financial services industry. The partnership, announced today, is all about …
Deloitte identifies trust as a common theme in its 2023 Tech Trends
A more immersive internet, superclouds and more trustworthy artificial intelligence are among the developments coming in the next 18 to 24 months, the information technology consulting firm Deloitte Touche Tohmatsu Ltd. revealed its 14th annual Tech Trends report. The report, published today, …