US pending home sales, Nutanix CEO, consumer environment: Catalysts

US pending home sales, Nutanix CEO, consumer environment: Catalysts

Catalysts anchors Brad Smith and Alexandra Canal bring investors into the first full trading hour of the day, breaking down a variety of economic data and top trending stocks. US pending home sales fell 5.5% month-over-month in July against expectations of a 0.2% growth, according to the National Association of Realtors (NAR). In addition, contract … Read more

Nutanix wants to be ‘leading platform’ for running AI: CEO

Nutanix wants to be ‘leading platform’ for running AI: CEO

Nutanix (NTNX) shares are surging Thursday after the company reported fiscal fourth quarter earnings that beat estimates on both revenue and profit. Revenue came out at $547.95 million, surpassing analyst expectations of $536.82 million. Adjusted earnings per share reached $0.27 during the quarter, topping projected gains of $0.20 per share. The cloud operator also provided … Read more

Insider Sale: President and CEO Rajiv Ramaswami Sells Shares of Nutanix Inc (NTNX)

Insider Sale: President and CEO Rajiv Ramaswami Sells Shares of Nutanix Inc (NTNX)

On June 18, 2024, Rajiv Ramaswami, President and Chief Executive Officer of Nutanix Inc (NASDAQ:NTNX), sold 23,986 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 407,045 shares of Nutanix Inc. Nutanix Inc (NASDAQ:NTNX) specializes in cloud software and hyperconverged infrastructure solutions, making computing … Read more

WWT CEO discusses growing interest in AI solutions as Broadcom VMware customers seek alternatives

WWT CEO discusses growing interest in AI solutions as Broadcom VMware customers seek alternatives

Jim Kavanaugh, WWT CEO, is focused on expanding AI initiatives and helping dissatisfied customers find alternatives to Broadcom’s VMware. WWT, a top solution provider, is supporting customers through migration to the public cloud or VMware alternatives like Nutanix. Kavanaugh emphasizes the importance of planning and methodology in guiding customers through these changes. WWT is heavily … Read more

Douglas Gourlay, Previously of Arista and Cisco, Appointed as CEO of Qumulo, a Data Storage Company – GeekWire

Douglas Gourlay, a former executive at Arista and Cisco, has been appointed as the new CEO of Qumulo, a data storage company. Gourlay brings a wealth of experience in the technology industry to his new role, having previously held high-level positions at both Arista and Cisco. As CEO, he will be responsible for leading Qumulo … Read more

Ola CEO Urges Indian Developers to Move on from Google Maps to Microsoft Azure

Bhavish Aggarwal, co-founder and chairman of Ola Group, recently made a big announcement about transitioning away from Google Maps and offering free access to Ola Maps on their AI-powered Krutrim platform for developers. The move comes after the company saved around Rs 100 crore annually by switching to their in-house mapping service for taxi operations. … Read more

Indian developers should move on from Google Maps after Microsoft Azure, says Ola CEO

Indian developers are being encouraged to move away from using Google Maps and instead consider Microsoft Azure as an alternative, according to the CEO of Ola. The popular ride-hailing service is leading the charge in promoting Azure as a viable option for developers in India. This shift comes after Microsoft Azure’s increasing popularity among developers … Read more

Ola CEO Encourages Indian Developers to Move on from Google Maps Following Microsoft Azure Success

Ola CEO Encourages Indian Developers to Move on from Google Maps Following Microsoft Azure Success

Bhavish Aggarwal, the co-founder and chairman of Ola Group, recently made an announcement that developers should consider moving on from using Google Maps and instead use Ola Maps on the AI-powered Krutrim platform. He offered one year of free access to Ola Maps along with over Rs 100 crore in free credits to all developers. … Read more