Mike Wheatley
Latest from Mike Wheatley
As expected, Samsung Electronics Co. Ltd. posted record-breaking third-quarter revenue and profit today thanks to rising prices of semiconductors and memory chips used in computers and mobile devices. The company reported revenue of 73.98 trillion won ($63 billion) for the quarter, up …
Twilio’s stock plunges on lower earnings forecast despite solid beat
Twilio Inc. saw its stock collapse in after-hours trading today after its earnings forecast for the final quarter of the year came in below expectations. The company actually put in a decent shift in its third quarter, reporting a surprise profit before …
ServiceNow’s earnings growth isn’t enough to prevent after-hours stock selloff
Cloud automation software company ServiceNow Inc. saw its stock slide in extended trading today despite posting solid third-quarter financial results that topped analysts’ expectations. The company reported a profit before certain costs such as stock compensation of $1.55 per share on revenue of …
Abacus.AI gets $50M in funding and dives into computer vision and hybrid AI models
Machine learning operations startup Abacus.AI Inc. is in the news today after raising $50 million in a new round of funding and launching platform updates that include support for hybrid deep learning models and a new computer vision-as-a-service offering. The Series C …
Network automation provider Gluware gets $43M in growth funding
Network automation firm Gluware Inc. has filled up its war chest, securing $43 million in growth funding today led by Bain Capital, with participation from Acadia Woods Partners and existing investors. Gluware has created what it calls an “intelligent network automation” platform that …
Juniper Networks reports earnings results in line with expectations and its stock rises
Juniper Networks Inc. made surprising gains today, its stock up almost 5% in extended trading despite reporting third-quarter financial results only in line with analysts’ expectations. The company reported a profit before certain costs such as stock compensation of 46 cents per share …
AMD beats earnings expectations on strong data center chip sales
Computer chipmaker Advanced Micro Devices Inc. delivered another strong quarter with earnings and revenue topping expectations today, plus a forecast that came in above expectations too and a higher full-year revenue outlook. The company reported a third-quarter profit before certain costs such as stock …
With strong cloud sales, Microsoft comfortably beats earnings targets
Microsoft Corp. delivered strong fiscal first-quarter earnings results Tuesday that exceeded expectations, with solid revenue growth across virtually all of its product lines, sending its stock up almost 5% on Wednesday. The company reported a profit before certain costs such as stock compensation …
InfluxDB updates aimed at making it easier to build time-series database apps
InfluxData Inc. announced some useful updates today that should help developers to build applications powered by the InfluxDB database more easily. The open-source InfluxDB is a time-series database that’s optimized for information processed chronologically, hence the name. Certain kinds of data need …
Public cloud security startup Sonrai Security raises $50M in new funding
Public cloud security startup Sonrai Security Inc. said today it has closed on a new $50 million funding round, bringing its total amount raised to $88 million. The Series C round was led by the venture arm of cybersecurity platform provider Istari …