Mike Wheatley
Latest from Mike Wheatley
Salesforce enhances basic features for Sales Cloud and Service Cloud customers
Salesforce Inc. today launched a new suite of features called Salesforce Foundations to help larger businesses that span multiple industries unify their sales operations. Salesforce Foundations is a free offering being made available to every Salesforce Sales Cloud and Service Cloud customer, and it bundles functionality from the company’s Sales, Service, Marketing, Commerce and Data Cloud ...
Couchbase’s stock crumbles on anticipation of significant growth slowdown
Database company Couchbase Inc. delivered second-quarter results that came out just ahead of Wall Street’s estimates today, but its stock took a turn for the worse in extended trading, with investors apparently concerned by a slowdown in its growth rate. The company reported a loss before certain costs such as stock compensation of six cents ...
C3 AI fails to make progress on profitability and its stock plummets
Artificial intelligence software company C3 AI Inc. beat on earnings and revenue expectations as it posted its fiscal first-quarter financial results today, but its stock fell hard and fast in extended trading amid fears that it may not achieve profitability as fast as originally hoped. The company reported a loss before certain costs such as ...
HPE beats expectations but its stock falls on concerns about weak AI server margins
Shares of Hewlett Packard Enterprise Co. traded lower late today despite the company posting solid earnings and revenue that came in above Wall Street’s expectations. It seems investors were much more interested in the company’s bottom line, and may have been perturbed by weaker-than-expected margins that suggest lower profits in its closely watched data center server ...
Multimodal search startup Objective debuts Anton, an AI agent that evaluates search results with humanlike precision
Artificial intelligence-native search startup Objective Inc. is tapping AI to improve the quality of its search results. Today it announced Anton, a new AI agent that can help its search service customers to boost the relevance of their search results. It does this by evaluating them much like a human user would. Founded by machine ...
Red Hat brings its AI-optimized Linux platform to Dell’s PowerEdge servers
Dell Technologies Inc. said today it’s partnering with Red Hat Inc. to bring the Red Hat Enterprise Linux AI or RHEL AI platform to its popular PowerEdge servers, paving the way for its hardware to serve as a foundation for artificial intelligence development. The companies explained that the partnership will make it easier for organizations ...
InfluxData revamps its time-series database offerings with faster query performance and lower latency
Time series database startup InfluxData Inc. is beefing up the capabilities of its flagship product InfluxDB with a major update rolled out today that’s designed to simplify the task of managing time series data at scale, while improving its overall performance. In addition to InfluxDB 3.0, the startup announced InfluxDB Clustered, which is a self-managed version ...
Revefi raises $20M to launch world’s first ‘AI data engineer’
Data observability startup Revefi Inc. said today it has closed on $20 million in an early-stage funding round, timing the announcement with the launch of what it says is the world’s first-ever “AI data engineer.” Today’s Series A round was led by Icon Ventures and saw participation from a host of other backers, including Mayfield, ...
PagerDuty lowers its full-year sales forecast and its stock falls hard
Shares of PagerDuty Inc. were trading lower late today after the company said it’s cutting its full-year revenue target, even as it upped its forecast for the bottom line. Officials expect the company to be more profitable this year, but they also warned that negotiations with customers over new deals are taking longer to play ...
GitLab raises its full-year outlook, sending its stock higher in extended trading
Shares of GitLab Inc. surged in extended trading today after the software development company posted strong earnings results and bumped up its full-year outlook. That came even as lingering concerns over the health of the company’s chief executive fuel speculation over a possible sale. The company reported second-quarter earnings before certain costs such as stock ...