Mike Wheatley
Latest from Mike Wheatley
The observability firm PagerDuty Inc. put in another solid quarterly performance as it delivered its first earnings call of fiscal 2023 today, sending its stock higher in after-hours trading. The company reported a first-quarter net loss of $32.8 million, higher than the …
Google Cloud doubles down on its support for startup founders
Google Cloud is building on the initial success of its Google for Startups Cloud Program with the launch of additional, early-stage financial support for bootstrapped startups and new “Startup School” workshops for company founders. The announcements were made during the second annual …
LogicMonitor launches unified observability platform for multicloud and container environments
Information technology observability firm LogicMonitor Inc. said today it’s expanding its capabilities with the launch of a new, unified and software-as-a-service-based platform called LM Envision. Announced at LM Elevate, the company’s annual user conference, LM Envision is said to be LogicMonitor’s most …
Forward Networks integrates with Rapid7 to model network behavior and mitigate device vulnerabilities
Network operations provider Forward Networks Inc. introduced a major revamp of its platform today, adding new capabilities that provide teams with a “single, actionable and contextual view” of their networks. The company’s platform is also being integrated with security analytics and automation …
Kubecost launches open-source OpenCost project to keep a lid on Kubernetes spending
A startup called Kubecost, officially known as Stackwatch Inc., today announced the launch of a promising new open-source project that provides companies with tools around Kubernetes cost monitoring and optimization, as well as standardized methodologies for tracking those costs. The initiative is …
NetApp and Pure Storage deliver solid results on a strong day for storage suppliers
Enterprise storage providers NetApp Inc. and Pure Storage Inc. both delivered solid financial results today, sending their stocks higher in after-hours trading. NetApp reported fiscal fourth-quarter net income of $259 million, with earnings before certain costs such as stock compensation coming to $1.42 …
HPE’s stock falls on earnings and revenue miss
Doom and gloom surrounded Hewlett Packard Enterprise Co. today after the company reported flat fiscal second-quarter earnings and revenue amid rising concern for business spending on technology hardware. The company reported a net profit of $250 million, slightly below the $259 million …
UiPath kicks off fiscal 2023 with a solid earnings beat and rising revenue
Business automation software firm UiPath Inc. saw its stock rise in extended trading today after posting fiscal first-quarter earnings results and guidance for the next period that came in above expectations. The company reported a net loss for the quarter of $122.6 …
Supreme Court blocks Texas law that aims to prevent social media censorship
The U.S. Supreme Court today moved to block Texas from immediately implementing a new law that’s intended to prevent large social media platforms from censoring users’ posts based on their political views. In a written order, the Supreme Court granted an emergency …
HP beats expectations on rising commercial PC sales
HP Inc. brushed aside any concerns investors may have had about economic headwinds, delivering fiscal second-quarter earnings and revenue that topped expectations and following up with a strong outlook. The company reported earnings before certain costs such as stock compensation of $1.08 …