Mike Wheatley
Latest from Mike Wheatley
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 …
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 …
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 …
Iterate.ai’s Signals platform lets businesses assess viability of new technologies
Iterate Studio Inc., best known for its low-code software development tools, today is getting into tech discovery to help companies find new platforms that can help them achieve their business goals. Iterate.ai’s Signals platform tracks and auto-analyzes more than 10 million emerging …
Splunk’s cloud shift quickens pace as earnings beat expectations
Data analytics firm Splunk Inc. beat expectations on earnings and revenue today and its outlook for the next quarter was just above consensus, sending its stock up almost 2% in extended trading. The company reported a second-quarter loss before certain costs such …
Strong cloud services growth helps Pure Storage and NetApp beat expectations
Data storage rivals Pure Storage Inc. and NetApp Inc. reported financial results that beat expectations, sending their stocks higher in after-hours trading today. The star of the show was Pure Storage, which reported a second-quarter loss before certain costs such as stock …
Snowflake’s stock gains after-hours despite mixed earnings report
Snowflake Inc.’s stock gained in extended trading today as it raised its full-year product revenue outlook following a mixed second-quarter earnings report. The company reported a loss before certain costs such as stock compensation of 64 cents per share on revenue of …
Quantum Brilliance gets $9.7M seed funding to accelerate quantum accelerators
Quantum Brilliance GmbH, an Australian-German startup that’s aiming to transforming quantum computing using synthetic diamond accelerators, has just closed on a $9.7 million seed funding round. Main Sequence Ventures and QxBranch Inc.’s founders’ investment consortium co-led today’s round, which also saw participation …
Nvidia-powered Polaris supercomputer to usher in a new era of ‘exascale’ AI
Nvidia Corp. is helping the U.S. Department of Energy’s Argonne National Laboratory build another incredibly powerful supercomputer, it announced today. The Polaris supercomputer (pictured) is said to be the DOE’s largest graphics processing unit-based machine so far. It’ll be hosted at the …
Samsung plans $205B investment in strategic industries, including semiconductors
Samsung Electronics Ltd. said Tuesday it’s planning to invest 240 trillion won, or about $205 billion, into its businesses over the next three years as part of an effort to become a global leader in what it calls “strategically important industries.” The …