Mike Wheatley
Latest from Mike Wheatley
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 …
Dell easily beats earnings and revenue targets, sending stock up
Dell Technologies Inc. has just closed on another strong quarter, beating Wall Street’s estimates on both profit and revenue today to drive its stock higher in after-hours trading. The company today reported fiscal first-quarter earnings before certain costs such as stock compensation of $1.84 …