Mike Wheatley
Latest from Mike Wheatley
Business planning firm Anaplan’s stock leaps on strong results
Shares of enterprise planning company Anaplan Inc. gained more than 14% in extended trading today after it posted a smaller-than-expected loss and followed up with strong guidance for the next quarter. The company reported a fiscal 2022 second-quarter loss before certain costs such as stock compensation of 9 cents per share on revenue of $144.3 ...
CrowdStrike keeps growing, beating expectations, but losses mount and stock falls
Cybersecurity firm CrowdStrike Holdings Inc. saw its stock fall today despite posting solid second-quarter financial results, beating expectations with strong growth from subscription customers and posting bullish guidance. The company reported a profit before certain costs such as stock compensation of 11 cents per share on revenue of $337.7 million for the quarter, up 70% from ...
Decision intelligence startup PeakAI raises $75M
Investors have decided to back the “Decision Intelligence” startup Peak AI Ltd. with a new $75 million round of funding. Announced this morning, the Series C round was led by SoftBank Vision Fund 2 and saw participation from all of the company’s existing investors too, including MMC Ventures, Oxx, Praetura Ventures, Arete and Octopus Ventures. The ...
Nvidia showcases latest research and advances in speech synthesis
Nvidia Corp. is closing the gap between synthesized speech and human voices with the launch of its most advanced conversational artificial intelligence models at the Interspeech 2021 conference today. In a blog post, Nvidia science and AI writer Isha Salian explained that the company has come a long way in its attempts at using AI ...
Call center intelligence startup Observe.ai buys ScopeAI and expands into web chats
Call center intelligence startup Z21 Labs Inc., which does business as Observe.ai, said today it’s bringing its expertise to omnichannel conversations after acquiring a company called ScopeAI. Observe AI sells a call center platform that aims to assist human operators and make them better at tasks such as customer service. It uses artificial intelligence-based natural ...
Fivetran debuts a new Business Critical tier for highly sensitive data integration
Data integration provider Fivetran Inc. is beefing up compliance with a new premium product tier called Fivetran Business Critical that’s being made available starting today. Fivetran sells data integration tools in the shape of its proprietary “connectors” that enable the smooth transfer of data from numerous popular sources to cloud data warehouses, where it can ...
Zoom hits $1B in quarterly revenue but growth slows and stock falls
Zoom Video Communications Inc. learned what it feels like to be scorned by investors today as its stock fell more than 12% in extended trading despite beating expectations for its second-quarter financial results. The company reported a profit before certain costs such as stock compensation of $1.36 per share on revenue of $1.021 billion, marking ...
Marvell delivers record revenue as data center chip sales boom
Marvell Technology Inc. benefited from the worldwide shortage of computer chips, delivering second-quarter financial results today that beat Wall Street’s estimates and offering strong guidance for the next quarter. The Santa Clara, Calif.-based chipmaker reported a profit of $284 million, or 34 cents per share, up from 21 cents a share a year ago, on revenue of ...
Workday’s stock jumps on unexpected earnings beat
Enterprise software firm Workday Inc. gave investors plenty to cheer about today, reporting better-than-expected second-quarter results and raising its fiscal 2022 subscription revenue guidance, sending its stock up 4% in after-hours trading. The company reported a profit before certain costs such as stock compensation of $1.23 per share on revenue of $1.26 billion, up 19% from ...
Dell delivers record second-quarter results on strong commercial PC sales growth
Strong personal computer sales growth helped Dell Technologies Inc. to deliver a record second-quarter performance, the company said today. Dell reported a profit before certain costs such as stock compensation of $2.24 per share on revenue of $26.12 billion, up 15% from a year ago. That was way better than expected, with Wall Street modeling a ...