Page 1398 – SiliconANGLE

Cloud

Kyndryl beats expectations, cuts its losses by 50% and raises full-year outlook, sending its stock higher

By Mike Wheatley Nov 7, 2023

Kyndryl Holdings Inc. beat Wall Street’s expectations today as it delivered its fiscal second-quarter financial results today, narrowing its loss from a year ago. It also raised its full-year outlook, sending its stock up…

Security

Shares of Akamai and Gen Digital rise on revenue beats

By Duncan Riley Nov 7, 2023

Shares of content delivery network and cloud services provider Akamai Technologies Inc. and cybersecurity company Gen Digital Inc. rose in late trading today after both beat revenue expectations in their latest quarterly earnings reports. For its…

AI

IBM launches $500M fund to invest in enterprise AI startups

By Maria Deutscher Nov 7, 2023

IBM Corp. today debuted a new corporate investment vehicle, the Enterprise AI Venture Fund, through which it plans to back startups building enterprise-focused artificial intelligence products. The move comes as other tech giants also…

AI

Democratizing AI: How Red Hat and Dell are making AI accessible to all

By Chad Wilson Nov 7, 2023

The Red Hat Inc. and Dell Technologies Inc. partnership continues to thrive after a quarter-century of collaboration. The two companies took center stage at KubeCon NA in Chicago to share their journey through the…

Infra

Shares of GlobalFoundries and NXP rise on better-than-expected quarterly profits

By Maria Deutscher Nov 7, 2023

Shares of chipmakers GlobalFoundries Inc. and NXP Semiconductors NV rose today after they posted third-quarter profit numbers that topped analyst expectations. Both companies generate the bulk of their revenue by supplying processors for three…

AI

Navigating the intersection of DevOps and AI: Dell aims to innovate in AI-driven IT landscapes

By Cheryl Knight Nov 7, 2023

In the bustling halls of today’s KubeCon + CloudNativeCon NA 2023 event, a potent dialogue on cloud-native innovation took center stage. The transformative trends shaping the future of application deployment and infrastructure management were…

Infra

Innovating developer efficiency: Red Hat and the Backstage project

By Chad Wilson Nov 7, 2023

In the world of cloud-native technologies, where innovation is key, the Backstage platform stands out as a promising project. Backstage is a portal that seamlessly integrates the vast web of developer tools, documentation and…

AI

The new era of Kubernetes and AI: theCUBE kicks off day 1 at KubeCon

By Cheryl Knight Nov 7, 2023

KubeCon has long been the heart of cloud-native innovation, and this year’s gathering is no exception. This week’s event focuses on the intersection of Kubernetes and artificial intelligence. KubeCon North America continues to be…

Cloud

Datadog shares jump 29% on strong quarterly results and upgraded guidance

By Maria Deutscher Nov 7, 2023

Shares of Datadog Inc. jumped more than 29% today after it posted third-quarter results that handily topped the consensus analyst estimate. The company also raised its full-year guidance, which was likely another contributor to…

Big Data

AnalystANGLE: dbt Labs’ vision and strategy: a bellwether for data platforms

By Rob Strechay Nov 7, 2023

Introduction In the ever-evolving landscape of data platforms, dbt Labs Inc. stands out as a pivotal player, driving the modern data stack’s transformation and offering innovative solutions that bridge the gap between data engineering…

all stories

Kyndryl beats expectations, cuts its losses by 50% and raises full-year outlook, sending its stock higher

Shares of Akamai and Gen Digital rise on revenue beats

IBM launches $500M fund to invest in enterprise AI startups

Shares of GlobalFoundries and NXP rise on better-than-expected quarterly profits

Datadog shares jump 29% on strong quarterly results and upgraded guidance

AnalystANGLE: dbt Labs’ vision and strategy: a bellwether for data platforms

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