Mike Wheatley
Latest from Mike Wheatley
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 …
Salesforce stock rises on earnings beat and higher profit guidance
Salesforce Inc. delivered fiscal first-quarter results today that came in above expectations and followed up by lifting its full-year profit guidance, sending its stock higher in after-hours trading. The company reported earnings before certain costs such as stock compensation of 98 cents …
Seemplicity launches with $32M round to help companies plug security holes faster
Security risk reduction and productivity platform provider Seemplicity Security Ltd. is launching today, armed with $32 million in venture capital. The money comes from a $26 million Series A round of funding led by Glilot Capital Partners through its early growth fund, …
Nvidia debuts Grace and Grace Hopper ‘Superchips’ for HPC and AI workloads
Nvidia Corp. today debuted new silicon platforms for high-performance computing and artificial intelligence workloads. Announced at the ISC high-performance computing event running this week in Hamburg, Germany, the new systems include the Nvidia Grace CPU Superchip and Nvidia Grace Hopper Superchip. They’re designed to …
With improved cost management, Sumo Logic posts another earnings beat and its stock rises
Data analytics software vendor Sumo Logic Inc. sailed past Wall Street’s expectations today, delivering a first-quarter earnings and revenue beat that sent its stock higher in after-hours trading. The company reported a loss before certain costs such as stock compensation of 13 …