Mike Wheatley
Latest from Mike Wheatley
Qbeast gets $7.6M in funding to streamline data lakehouses queries with multidimensional indexing
Data optimization startup Qbeast Analytics Inc. says it’s going to help organizations eliminate the “hidden tax” of big data lakehouse frameworks like Delta Lake after raising $7.6 million in seed funding today. The round was led by Peak XV’s Surge, formerly known as Sequoia Capital India. Other investors were HWK Tech Investment and Elaia Partners. ...
Kyndryl’s stock sinks on revenue miss and lower guidance
Shares of the technology consultancy Kyndryl Holdings Inc. were battered and bruised today after it failed to meet Wall Street’s first-quarter revenue projections. It also offered underwhelming guidance for current quarter sales, and that helped push its stock down more than 13% in extended trading. The company reported earnings before certain costs such as stock ...
Google’s Kaggle to host AI chess tournament to evaluate leading AI models’ reasoning skills
The world’s top performing artificial intelligence models, including OpenAI’s o3 and 04-mini, Google LLC’s Gemini 2.5 Pro and Gemini 2.5 Flash, Anthropic’s Claude Opus 4, and xAI Corp.’s Grok 4 are set to go head-to-head on the chess board. The three-day AI chess battle is the first in a series of tournaments set to be ...
SAP buys AI-enabled hiring platform SmartRecruiters
European software giant SAP SE said late Friday it’s planning to buy the San Francisco-based human resources startup SmartRecruiters Inc. for an undisclosed fee, with the deal expected to close by the end of the fourth quarter. SmartRecruiters sells software that helps to automate high-volume recruiting, and it primarily operates in the U.S., which happens ...
Apple’s revenue growth hits four-year high as iPhone sales soar
Shares of iPhone maker Apple Inc. inched up slightly after-hours on the back of another solid set of financial results, with the company reported earnings and revenue that shot past Wall Street’s estimates. Apple’s revenue grew by 10%, driven by a 13% increase in iPhone sales, making it the largest quarter for revenue growth since ...
Gloomy guidance and increased cloud competition weigh on Amazon’s stock, despite solid earnings beat
Shares of Amazon.com Inc. were trading more than 6% lower after-hours today, after the e-commerce and cloud computing infrastructure giant could only offer light guidance for the current quarter. The decline came in the wake of some fairly decent numbers from Amazon as it posted its second-quarter financial results, beating Wall Street’s targets on earnings ...
Amazon DocumentDB goes serverless with automatic scaling to support agentic AI workloads
Amazon Web Services Inc. is adding to its serverless database offerings with the launch of Amazon DocumentDB Serverless. Launched in general availability today, Amazon DocumentDB Serverless is a fully managed database service that’s designed specifically for storing, querying and indexing document data structures. Because it’s serverless, it can adjust its capacity automatically, based on the ...
Shares of chipmakers Arm and Qualcomm slide as smartphone sales skid
Shares of the chipmakers Arm Holdings Plc and Qualcomm Inc. were both heading lower in today’s after-hours trading session. The decline in Arm’s stock was perhaps understandable, given its mixed results, but Qualcomm will be wondering what it did wrong after beating expectations on earnings and revenue and offering strong guidance for the current quarter. ...
Meta’s stock makes sharp gains on blowout earnings results
Meta Platforms Inc. easily beat Wall Street’s expectations as it posted its second-quarter financial results today, and its shares gained more than 11% in extended trading. The company reported earnings before certain costs such as stock compensation of $7.14 per share, while revenue for the period rose 22%, to $47.52 billion. Those numbers shattered expectations, ...
Microsoft crushes earnings expectations and its market cap soars above $4T
Shares of Microsoft Corp. gained more than 9% in extended trading today after the company delivered solid earnings and revenue that came in above expectations. The after-hours increase lifted the company’s market capitalization above the $4 trillion milestone, trailing in the wake of Nvidia Corp., which passed that pinnacle earlier this month. The company reported ...