Page 1555 – SiliconANGLE

Cloud

Elastic grows revenue and expands its customer base, but light guidance weighs on stock

By Mike Wheatley Jun 1, 2023

Enterprise search technology provider Elastic N.V. delivered strong fiscal fourth-quarter earnings results today, beating expectations, only for its stock to fall in after-hours trading on the back of soft guidance. The company reported a…

Security

Invisible data exfiltration: New security issue found in Google Workspace

By Duncan Riley Jun 1, 2023

A previously unknown security issue in Google LLC’s Workspace could allow an attacker to exfiltrate data from Google Drive without being traced. Detailed Tuesday by researchers at Mitiga Security Inc., the vulnerability is the result…

Cloud

PagerDuty shares dive on reduced outlook amid broader issues in the economy

By Duncan Riley Jun 1, 2023

Shares in PagerDuty Inc. took a dive in late trading after the application observability platform reduced its outlook amid broader macroeconomic issues in the economy. For its fiscal first quarter that ended April 30, PagerDuty reported…

Big Data

MongoDB’s stock explodes on blowout earnings results and bullish forecast

By Mike Wheatley Jun 1, 2023

MongoDB Inc. delivered blowout fiscal first-quarter earnings results today and raised its full-year guidance thanks to a significant number of customer wins, sending its stock through the roof in extended trading. The company reported…

Infra

Dell’s revenue plunge was expected. The question is when growth will return

By Paul Gillin Jun 1, 2023

Dell Technologies Inc.’s revenue plunged 20% in its fiscal first quarter, but the results today beat lowered analysts’ estimates on both sales and profits. Shares gained about 1.5% today on an early release of…

Security

Zscaler hits but SentinelOne misses big in latest cybersecurity earnings results

By Duncan Riley Jun 1, 2023

It was a tale of two cybersecurity companies today, as Zscaler Inc. reported beats in its latest quarter and outlook but SentinelOne Inc. missed on revenue and outlook, sending its share price plunging by…

Infra

Broadcom’s stock dips as analysts question generative AI growth prospects

By Mike Wheatley Jun 1, 2023

Shares of computer chipmaker Broadcom Inc. wavered up and down in extended trading today after it reported strong financial results and guidance for the coming quarter. The company reported a fiscal second-quarter net income…

Infra

Cisco Live’s coming next week. Here’s a preview

By Zeus Kerravala Jun 1, 2023

Cisco Systems Inc. will hold its annual Cisco Live user event next week in Las Vegas as the networking giant is coming off an impressive quarter in which Chief Executive Chuck Robbins (pictured) set…

Cloud

Platformatic raises $3.5M to ease containerized application development

By Maria Deutscher Jun 1, 2023

Platformatic Inc., a San Francisco-based development tooling startup, today announced that it has closed a $3.5 million funding round led by Decibel Partners. Panache Ventures participated as well along with several angel investors. Platformatic…

AI

Exploring the future of software supply chain: Red Hat’s Sigstore initiative

By Gabrielle Stenzel Jun 1, 2023

Emerging technologies include a variety of innovations such as information technology, nanotechnology, robotics, and artificial intelligence. Red Hat Inc. has created long-term investments from the office of the CTO. Emerging Technologies and other Red…

the latest

Elastic grows revenue and expands its customer base, but light guidance weighs on stock

PagerDuty shares dive on reduced outlook amid broader issues in the economy

MongoDB’s stock explodes on blowout earnings results and bullish forecast

Dell’s revenue plunge was expected. The question is when growth will return

Zscaler hits but SentinelOne misses big in latest cybersecurity earnings results

Broadcom’s stock dips as analysts question generative AI growth prospects

Cisco Live’s coming next week. Here’s a preview

Platformatic raises $3.5M to ease containerized application development

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