Mike Wheatley
Latest from Mike Wheatley
Arista Networks beats expectations but its guidance worries investors
Arista Networks Inc. posted higher revenue and profit during the third quarter, but its guidance for the current quarter suggests sales growth will slow to a crawl on a sequential basis. The cloud networking company reported earnings before certain costs such as stock compensation of 75 cents per share, surpassing the analyst consensus estimate of ...
Supermicro’s stock tumbles on weak earnings and mixed guidance
Server maker Super Micro Computer Inc.’s stock took a nosedive in extended trading today after the company missed expectations with its first-quarter results. The company’s stock fell more than 9% after it reported earnings before certain costs such as stock compensation of 35 cents per share, trailing Wall Street’s 40-cent-per-share forecast. Revenue also came up ...
AMD’s revenue and profit jump again, but stock falls as margins disappoint
Advanced Micro Devices Inc. delivered sharp increases in both profit and revenue today as it pushed deeper into the artificial intelligence data center market, but its stock headed lower in late trading after its profit margin guidance disappointed investors. The chipmaker reported third-quarter earnings before certain costs such as stock compensation of $1.20 per share, ...
New Relic steps up observability for agentic AI deployments
New Relic Inc. is extending its observability capabilities for artificial intelligence agents with the launch today of a new Agentic AI Monitoring tool and its AI Model Context Protocol Server. The first is meant to provide companies with more holistic visibility into their interconnected autonomous agents and the tools they use, to help with optimizing ...
Kong automates MCP server testing and debugging for AI agent developers
Application programming interface management company Kong Inc. is expanding support for autonomous artificial intelligence agents with the latest release of Insomnia, its open-source API development platform. Kong says the latest release, Insomnia 12, is smarter, faster and more accessible for developers building APIs and Model Context Protocol servers, having added native MCP clients, AI mock servers ...
Celonis feeds AI agents with process intelligence data to enhance their operational context
Celonis SE is stepping up its efforts to help organizations reshape their business operations with agentic artificial intelligence, announcing today at its annual user conference Celosphere 2025 new capabilities within its namesake Process Intelligence Platform that position it as a foundation for AI-driven operations. Celonis, which has offices in Munich and New York City, is the ...
Hippocratic AI’s valuation soars to $3.5B after raising $126M in new funding
The healthcare-focused artificial intelligence startup Hippocratic AI Inc. said today it has banked $126 million in its latest Series C funding round, bringing its total amount raised to $404 million at a $3.5 billion valuation. The round, which comes just 10 months after the startup closed on its $141 million Series B raise, was led ...
Palantir CEO Alex Karp slams ‘detractors’ as company delivers record revenue again
Big-data analytics company Palantir Technologies Inc. delivered solid results that surpassed analysts’ expectations and offered bullish guidance for the current quarter, citing artificial intelligence as its most important growth driver. In its third-quarter financial statement, Palantir reported earnings before certain costs such as stock compensation of 21 cents per share on revenue of $1.18 billion, ...
Samsung and Nvidia to build an AI Megafactory to transform semiconductor manufacturing
Samsung Electronics Co. Ltd. said today it’s partnering with Nvidia Corp. to build an “AI Megafactory” that will accelerate its semiconductor manufacturing operations. The company said it will deploy more than 50,000 of Nvidia’s most advanced graphics processing units in the new facility to embed artificial intelligence throughout its entire chip manufacturing flow. It’s also ...
Apple’s iPhone revenue misses expectations, but CEO Tim Cook promises an immediate turnaround
Apple Inc. delivered strong fiscal fourth-quarter financial results today as it closed out its fiscal 2025 year, but its stock gained only 2% after-hours after iPhone sales fell short of Wall Street’s expectations. The world’s most valuable device maker posted earnings before certain costs such as stock compensation of $1.85 per share on revenue of ...