Mike Wheatley
Latest from Mike Wheatley
Shares of the chipmaker Advanced Micro Devices Inc. rose by more than 4% in extended trading today after it said it’s expecting strong growth in its server chip business in the coming quarters. That happened even as the company missed its third-quarter …
Synthesis AI can programmatically generate synthetic images of humans for AI training
Synthetic data technology startup Synthesis AI Inc. said today it’s updating its platform with a couple of interesting add-ons that will make it possible to create vast amounts of perfectly labeled human image data in double-quick time. Synthesis AI is a pioneer …
NetApp introduces BlueXP, a unified data control plane to ease multicloud storage headaches
Data storage pioneer NetApp Inc. today announced the general availability of NetApp BlueXP, a unified data control plane that it says can simplify the experience for teams managing storage and data services spanning on-premises and cloud environments. Announced at NetApp Insight, NetApp …
Resilient demand helps chipmaker NXP Semiconductors post earnings beat
Dutch computer chip manufacturer NXP Semiconductors NV sprang a surprise today as it posted strong third-quarter financial results that surpassed Wall Street’s expectations. The company reported earnings before certain costs such as stock compensation of $3.81 per share, well ahead of Wall …
Arista Networks sets the pace for networking peers with strong earnings and revenue beat
Cloud networking giant Arista Networks Inc. delivered quarterly financial results today that topped Wall Street’s guidance and followed with a strong outlook, but its stock traded down slightly in late trading. The company reported a net income for its third quarter of …
Apple beats Wall Street’s earnings and revenue targets but iPhone sales fall short
Apple Inc. beat Wall Street’s expectations on earnings and revenue as it reported its fourth-quarter financial results today, though it came up short in core product categories, including its iPhone business. The company reported earnings before certain costs such as stock compensation …
Intel’s stock rises on plan to save up to $10 billion in cost reductions by 2025
Shares of the computer chipmaker Intel Corp. rose by more than 5% in after-hours trading today after the company promised it will deliver up to $10 billion in cost reductions and efficiency improvements. That announcement came as the company provided lower-than-expected earnings …
Amazon’s stock falls 11% on slower cloud growth and lower holiday forecast
Amazon.com Inc. said today that holiday sales and profit will likely come in lower than analysts are expecting because of to decelerating cloud growth, a prime driver of Amazon profits in recent years. The warning came as Amazon’s cloud computing business missed …
Dataware pioneer Cinchy raises $14M funding to eliminate need for data integrations
Big-data startup Cinchy Inc., which is pioneering the concept of “dataware,” said today it has closed on a $14.5 million Series B round of funding from a single investor, Forgepoint Capital. Cinchy is the creator of a unique “dataware” tool that provides …
Samsung’s profit drops by more than 30% on weakening memory chip demand
Samsung Electronics Co. Ltd. said today that its third-quarter profit fell by more than 31% from a year ago amid geopolitical uncertainty that’s likely to persist and dampen demand for consumer products until at least early next year. The company, which is …