Wallace Witkowski
Moneyish
San Francisco, CA, United States
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Past articles by Wallace:
Lennar stock rises after earnings, forecast beat
Lennar Corp. shares rose in the extended session Tuesday after the homebuilder’s quarterly results and forecast topped Wall Street estimates. Lennar shares... → Read More
Smartsheet stock rallies more than 10% following surprise earnings, new board chair
Smartsheet Inc. shares surged in the extended session Tuesday after the cloud-based work-management platform reported surprise net income. → Read More
OpenAI launches 'safer' AI, GPT-4; Morgan Stanley one of its first customers
OpenAI launched a new AI model, GPT-4, Tuesday, adding to the surge in interest for artificial-intelligence applications. → Read More
SVB fallout likely to affect everything from software sales to how startups are financed
The failure of Silicon Valley Bank on Friday following the collapse of parent company SVB Financial will have both short- and long-term effects. → Read More
GitLab stock drops more than 30% as revenue forecast misses
GitLab Inc. shares plummeted in the extended session Monday after the DevOps software company’s revenue forecast fell short of the Wall Street consensus. → Read More
Vice Media gets $400 million offer from Group Black: report
Vice Media, which has been trying to sell itself, reportedly has received an offer from Group Black, according to The Wall Street Journal Friday. The... → Read More
Juul, Chicago settle underage-marketing claims for $23.8 million
Juul Labs Inc. and Chicago agreed to settle for $23.8 million, the Chicago Mayor’s Office said Friday. The settlement ends Chicago’s charge that Juul was... → Read More
Oracle stock drops more than 5% as segments other than cloud services miss on revenue
Oracle Corp. shares fall in the extended session after the software company's revenue comes in a hair below the Wall Street consensus. → Read More
ICE ‘disappointed’ FTC votes to block acquisition of Black Knight
International Exchange Inc. said Thursday it “strongly disagrees” with the Federal Trade Commission’s 4-0 vote to block its acquisition of Black Knight Inc.... → Read More
MongoDB stock drops as Street hopes 'derisked' forecast allows better focus on sales strategy
MongoDB Inc. stock falls as Wall Street hopes the company focuses on selling the products it has rather than developing new ones. → Read More
Atlas Energy begins trading below $18 IPO price
Atlas Energy Solutions Inc. shares started trading on the New York Stock Exchange with a decline Thursday after the oil and gas industry logistics company... → Read More
Atlas Energy prices IPO below previous estimates at $18 a share
Atlas Energy Solutions Inc. said late Wednesday it would price its initial public offering at $18 a share, lower than previously estimated. The stock is... → Read More
As the going gets tough, cybersecurity companies are looking to upsell
CrowdStrike Holdings Inc. may have turned the corner on softness in the cybersecurity sector. → Read More
MongoDB stock drops as revenue outlook falls short
MongoDB Inc. shares dropped in the extended session Wednesday after the database company’s revenue outlook overshadowed better-than-expected results. MongoDB... → Read More
General Dynamics hikes dividend by nearly 5%
General Dynamics Corp. said Wednesday its board hiked the company’s dividend by nearly 5%. The defense contractor said it will pay out a quarterly dividend... → Read More
Microsoft offers to keep ‘Call of Duty’ on PlayStation for at least a decade as it seeks to close Activision deal
Microsoft proposed licenses that would allow wide availability of Activision Blizzard games for at least a decade in bid to preserve $69 billion acquisition. → Read More
CrowdStrike stock rallies as forecast shows confidence in new approach
CrowdStrike Holdings Inc. shares surged in the extended session Tuesday after the cybersecurity company's earnings beat. → Read More
Nutanix stock drops as results trigger fear of 'the cockroach theory'
Nutanix Inc. shares fell Tuesday after the cloud company reported strong, but incomplete, results for the quarter because it needed to finish an internal audit. → Read More
On Semi signs long-term power supply agreement with BMW
ON Semiconductor Corp. said late Monday it signed a long-term supply agreement with BMW Group for electric drivetrain tech. ON Semi said it will supply BMW... → Read More
As chip sales dry up, Nvidia CFO says spending on AI will save companies money
Nvidia Corp.'s financial chief did not appear concerned that some have called for a drying up data-center sales growth as she reasoned that the efficiencies... → Read More