business

West Coast Financial LLC makes a $239,000 investment in International Business Machines Co. (NYSE:IBM)

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West Coast Financial LLC makes a 9,000 investment in International Business Machines Co. (NYSE:IBM)

West Coast Financial LLC recently acquired a new stake in International Business Machines Co. (NYSE: IBM) during the first quarter, with 1,252 shares valued at around $239,000. Various other hedge funds also adjusted their holdings of IBM, including Clearbridge Investments LLC, Parkside Financial Bank & Trust, Operose Advisors LLC, O Shaughnessy Asset Management LLC, and … Read more

Darrell Issa Claims Blinken Received ‘Rewards’ for Collecting Signatures from Former Intelligence Officials | Fox Business Video

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Darrell Issa Claims Blinken Received ‘Rewards’ for Collecting Signatures from Former Intelligence Officials | Fox Business Video

Former California Congressman Darrell Issa has claimed that the current Secretary of State, Antony Blinken, was “rewarded” for gathering signatures of former intelligence officials. Issa suggested that Blinken’s actions in gathering these signatures may have contributed to his nomination for the position in the Biden administration. According to Issa, Blinken’s efforts to gather support from … Read more

Oracle Warns That TikTok Ban Could Impact Cloud Business – The Information

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Technology giant Oracle has warned that a potential ban on the popular social media app TikTok in the United States could have negative consequences for its cloud business. Oracle, which has recently entered the race to acquire TikTok’s US operations, has raised concerns about the impact of a ban on its cloud computing division. The … Read more

Gateway Investment Advisers LLC Reduces Position in International Business Machines Co. (NYSE:IBM) – Defense World

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Gateway Investment Advisers LLC recently announced that they have decreased their investment in International Business Machines Corporation (NYSE: IBM). This move comes amid a shifting landscape in the defense world, with companies reevaluating their positions in various sectors. IBM, a multinational technology and consulting corporation, has been a prominent player in the defense industry for … Read more

Global Assets Advisory LLC Makes $3.03 Million Investment in International Business Machines Co. (NYSE:IBM) – Defense World

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Global Assets Advisory LLC, a leading investment firm, recently announced a significant investment of $3.03 million in International Business Machines Co. (NYSE:IBM). This move demonstrates the firm’s confidence in IBM’s long-term potential and solidifies their position in the technology sector. IBM, a multinational technology company, has a strong presence in the global market, particularly in … Read more

Ooredoo CEO says U.S. chip restrictions in Middle East are just standard business practice following Nvidia deal

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Ooredoo CEO says U.S. chip restrictions in Middle East are just standard business practice following Nvidia deal

A recent agreement between Nvidia and telecommunications company Ooredoo will result in the deployment of thousands of Nvidia GPUs in 26 data centers across Qatar and five other countries in the Middle East and North Africa region. These GPUs will enhance the processing capabilities of data centers, enabling the use of AI chatbots and other … Read more

Companies Prefer Slower AI Models, Potentially Impacting Nvidia’s Business

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A growing trend among companies is the preference for slower AI models, which could potentially have negative implications for Nvidia. Companies are shifting their focus towards AI models that prioritize accuracy over speed, as slower models tend to have better performance in certain tasks. This change in preference could be detrimental to Nvidia, as the … Read more

Cisco Systems (CSCO.US) Shows Strong Confidence in Expanding Business Opportunities in the Connected Electric Vehicle Industry

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Cisco Systems (CSCO.US) Shows Strong Confidence in Expanding Business Opportunities in the Connected Electric Vehicle Industry

Cisco Systems (CSCO.US) is expressing optimism about the growth potential of their electric vehicle business in China. Ming Wong, the vice president and CEO of Greater China at Cisco Systems, shared this positive outlook in a recent CNBC report. The company sees significant opportunities in the electric vehicle market and is looking to expand its … Read more

Oracle Recognized as a Leader in Gartner’s 2024 Magic Quadrant for Analytics and Business Intelligence Platforms

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Oracle Recognized as a Leader in Gartner’s 2024 Magic Quadrant for Analytics and Business Intelligence Platforms

Oracle has been recognized as a Leader in the 2024 Gartner Magic Quadrant for Business Intelligence and Analytics Platforms, praised for its ability to execute and complete vision. The report highlights the increasing demand for data and AI-powered decision-making and credits Oracle Analytics Cloud for helping customers make more effective decisions and take action efficiently. … Read more

Northwest Investment Counselors LLC Acquires 712 Shares in International Business Machines Co. (NYSE:IBM)

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West Coast Financial LLC makes a 9,000 investment in International Business Machines Co. (NYSE:IBM)

Northwest Investment Counselors LLC recently acquired a stake in International Business Machines Corp. The institutional investor purchased 712 shares of the technology company, valuing them at around $136,000. Other hedge funds have also been increasing their positions in IBM, with Naples Money Management LLC, Creekmur Asset Management LLC, and Ables Iannone Moore & Associates Inc. … Read more