Mike Wheatley, Author at SiliconANGLE

Apps

GitLab posts strong results in its first-ever earnings call, but its stock slides anyway

By Mike Wheatley Dec 6, 2021

Shares in DevOps platform provider GitLab Inc. pulled back in extended trading today following its first-ever results as a publicly traded company. GitLab didn’t do too badly, reporting a third-quarter loss before certain costs…

Cloud

Payments software provider Coupa delivers strong earnings but its stock slides

By Mike Wheatley Dec 6, 2021

Payments software firm Coupa Software Inc. took a beating in extended trading today even though it delivered a strong third-quarter financial report. The company reported a net loss of $91.2 million, though its earnings…

Cloud

Sumo Logic delivers strong earning results, beating market estimates

By Mike Wheatley Dec 6, 2021

Cloud data analytics firm Sumo Logic Inc. beat market expectations for its third-quarter financial results, boosted by growing adoption of its Continuous Intelligence tools. The company reported a loss before certain costs such as…

Cloud

Despite earnings beat, weak guidance sends DocuSign stock into freefall

By Mike Wheatley Dec 2, 2021

Investors dumped on DocuSign Inc. today after it offered guidance for the final quarter of the year that fell short of expectations. A sharp selloff in extended trading saw its stock lose almost 30% of…

Infra

Marvell’s stock jumps on rapid data center chip sales growth

By Mike Wheatley Dec 2, 2021

Computer chipmaker Marvell Technology Inc. delivered strong third-quarter earnings results today as it continues to benefit from the seemingly never-ending global shortage of semiconductors. Not only did it easily beat expectations, but it also…

Policy

FTC files lawsuit to block Nvidia’s $40B purchase of Arm

By Mike Wheatley Dec 2, 2021

Nvidia Corp.’s proposed acquisition of the British computer chip designer Arm Ltd. ran into a massive hurdle today, as the U.S. Federal Trade Commission filed a lawsuit aimed at preventing the deal from closing.…

Cloud

AWS partners with Pfizer and Rivian on drug discovery and electric vehicles

By Mike Wheatley Dec 2, 2021

Amazon Web Services Inc.’s customer acquisition spree continued apace today with the cloud computing giant announcing new arrangements with the pharmaceutical and biotech firm Pfizer Inc. and the electric vehicle manufacturer Rivian Automotive LLC.…

Cloud

AWS enables fast, private and direct site-to-site connectivity

By Mike Wheatley Dec 1, 2021

Customers can now connect their internal data centers and branch offices directly to Amazon Web Services through AWS Direct Connect SiteLink, a new capability within AWS Direct Connect. Announced at Amazon Web Services Inc.’s…

Big Data

Splunk beats Wall Street’s targets but soft guidance means its stock stays flat

By Mike Wheatley Dec 1, 2021

Big data company Splunk Inc. reported strong earnings results today with its third-quarter profit and revenue topping Wall Street’s expectations, although it was forced to cut its outlook for the rest of the fiscal…

AI

AWS announces free machine learning educational materials and training resources

By Mike Wheatley Dec 1, 2021

Amazon Web Services Inc. says it’s trying to break down accessibility barriers around machine learning technology and make it possible for anyone who’s interested to become an expert in the field. To that end,…

Mike Wheatley

GitLab posts strong results in its first-ever earnings call, but its stock slides anyway

Payments software provider Coupa delivers strong earnings but its stock slides

Despite earnings beat, weak guidance sends DocuSign stock into freefall

Marvell’s stock jumps on rapid data center chip sales growth

FTC files lawsuit to block Nvidia’s $40B purchase of Arm

Splunk beats Wall Street’s targets but soft guidance means its stock stays flat

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