Mike Wheatley
Latest from Mike Wheatley
Shares of fast-growing HashiCorp Inc. moved higher today after the company reported solid earnings and followed with encouraging guidance that came in above expectations. The company reported a second-quarter loss before certain costs such as stock compensation of 17 cents per share, …
Broadcom bucks the trend, providing strong guidance that sends its stock price up
Shares of the semiconductor giant Broadcom Inc. ticked up in extended trading today after the company delivered strong earnings and revenue and offered a better-than-expected outlook for the October quarter. The company reported earnings before certain costs such as stock compensation of …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …