Mike Wheatley
Latest from Mike Wheatley
Zoom beats expectations but its pandemic-fueled growth starts to wane
Zoom Video Communications Inc. posted strong fiscal first-quarter financial results today, beating expectations on earnings and revenue, but it was unable to meet the level of growth it showed during the height of the pandemic. The company reported a profit before certain costs such as stock compensation of $1.32 per share on revenue of $956 million, ...
Nvidia announces more certified AI server systems at Computex 2021
Nvidia Corp. is expanding the number of Nvidia-certified systems available for enterprises that want to run artificial intelligence workloads at scale in their own data centers or Nvidia’s cloud. The announcement was made at the virtual Computex 2021 event today, where the company also launched Nvidia Base Command Platform, a pricey new cloud-hosted development service that ...
Redshift ML brings machine learning to Amazon’s cloud data warehouse
Amazon Web Services Inc. is lowering the barrier to entry for machine learning with the launch of its new service Amazon Redshift ML, which it made generally available starting today. Amazon Redshift ML makes it possible to create, train and deploy machine learning models using basic Structured Query Language commands. It works in tandem with ...
Box beats earnings expectations, but not by much
Cloud content management company Box Inc. breathed a sigh of relief today after delivering fiscal first-quarter financial results that crept past Wall Street’s expectations, following that up by raising its full-year guidance. The company has been under intense pressure lately from activist investor Starboard Value LP over its subpar business performance and its lack of ...
Strong PC sales help Dell to another earnings beat
Dell Technologies Inc. had lots to cheer about today after beating expectations on earnings and revenue thanks to continued strong demand for its personal computers and notebooks. The company reported a record fiscal first-quarter profit before certain costs such as stock compensation of $2.13 per share on revenue of $24.5 billion, up 12% from a year ...
Perlmutter, said to be the world’s fastest AI supercomputer, comes online
One of the world’s fastest supercomputers designed specifically to handle artificial intelligence workloads came online today at the National Energy Research Scientific Computing Center based at the Lawrence Berkeley National Lab in California. The Perlmutter system, according to Nvidia Corp., whose graphics chips it uses in large numbers, is the “fastest on the planet” when ...
Pure Storage and Nutanix beat expectations on strong data center hardware sales
Pure Storage Inc. and Nutanix Inc. showed that data center hardware is still a big growth business even as they both strive to move their businesses toward software, with both companies reporting strong financial results that surpassed Wall Street’s expectations today. First up was Pure Storage, which broke even on fiscal first-quarter revenue of $413 ...
Massive demand from gamers drives record revenue for Nvidia
Nvidia Corp. breezed past Wall Street’s expectations yet again today as it delivered fiscal first-quarter financial results that showed enormous growth in its gaming and data center sales. The company reported a profit of $3.66 per share on revenue of $5.66 billion in the quarter, up 84% from a year ago. That was some way ahead ...
Snowflake’s stock falls on mixed first-quarter financial results
Shares of Snowflake Inc. fell in after-hours trading today after the cloud data warehouse darling posted a wider-than-expected loss in the three months just gone. The company reported a fiscal first-quarter loss before certain costs such as stock compensation of 70 cents per share on revenue of $228.9 million, up 110% from a year ago. The ...
New Relic enhances Kubernetes observability with open-source Pixie software
Observability platform provider New Relic Inc. is beefing up its product with a new “Kubernetes experience” that it says will enable instant insights into the software container orchestration system without needing to update any code or sample data first. The company also announced enhancements around its error tracking, network monitoring and programmability capabilities, plus two ...