Nutanix (NTNX) has been beaten down lately with too much selling pressure. While the stock has lost 8.6% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier. Here … Read more
Broadcom, a company known for offering network chips and designing custom chips for AI applications, has been making waves in the financial news recently. Despite the buzz around an upcoming stock split, investors are advised to focus on the company’s fundamentals rather than trying to outsmart the market. The CEO of Broadcom has attributed the … Read more
Jefferies has reaffirmed its buy rating on Oracle Corporation despite the halt in negotiations for a potential $10 billion deal with xAI. The analyst believes that Oracle’s strong performance will continue, driven by its robust sales pipeline and RPO growth. The company’s ability to meet its projected financial targets is seen as a key factor … Read more
Investing in Artificial Intelligence (AI) is the biggest opportunity of our lifetime, as it is on the verge of a global explosion that will transform all industries. The exponential growth potential of AI, along with the opportunity to invest in innovative startups at the ground floor, makes it a prime time for investors to jump … Read more
Intel Company, listed on NASDAQ as INTC, experienced an increase in options trading on Monday, with traders purchasing 400,421 call options, a 49% increase from the typical volume. The stock opened at $33.99 on Tuesday, with a market capitalization of $144.7 billion and a price-to-earnings ratio of 35.41. Intel reported earnings per share of ($0.06) … Read more
Intel (NASDAQ:INTC) is a semiconductor design and sales giant headquartered in the United States, known for selling microprocessors globally. Despite being a former heavyweight champion in the American semiconductor industry, Intel has recently been overshadowed by competitors such as Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), and Nvidia (NASDAQ:NVDA). However, some analysts believe that Intel has … Read more
Oracle Co. Shares on the New York Stock Exchange, with the symbol ORCL, have been rated as a “Moderate Buy” by analysts. Out of the thirty analysts covering the stock, thirteen have recommended holding the stock, while seventeen have recommended buying it. The average target price for the stock in the next twelve months is … Read more
The rise of artificial intelligence (AI) has greatly impacted the tech industry, sparking excitement for new AI applications that could revolutionize various sectors. While Cisco Systems has lagged behind in capitalizing on these trends, the company remains optimistic about potential growth opportunities in AI-native networking and security. Despite recent stock price declines, a closer look … Read more
The rise of artificial intelligence (AI) has sparked significant growth in the technology sector, with high hopes for innovative AI applications that could transform various industries. However, Cisco Systems (NASDAQ: CSCO) has not fully taken advantage of these trends, leading to a lackluster performance and a 19% drop in stock value from its peak over … Read more
Several companies have recently announced stock splits this year, including Broadcom (NASDAQ:AVGO). The stock split, scheduled for July 12, will be a 10-for-1 split, aimed at making it easier for a broader range of investors to buy the stock. Broadcom has seen a significant increase in its stock price due to the rise of artificial … Read more