Nvidia is currently experiencing a significant selloff, with its stock falling 13% following a brief period of surpassing Microsoft as the world’s most valuable company. This drop has pushed Nvidia into a technical correction for the first time since April, causing concern among traders. Technical analysts are now looking at support levels, with short-term support … Read more
Nvidia, a prominent tech company, has experienced a significant decrease in its market value, resulting in a $430 billion liquidation. Traders are now closely examining the company’s charts in search of potential support levels. With Nvidia being a key player in the technology industry, this sudden decline has captured the attention of many in the … Read more
Nvidia has seen exponential growth in recent quarters, with its free cash flow skyrocketing to around $15 billion on a quarterly basis. This increase in cash flow provides the company with ample opportunities for growth, such as acquisitions and new product development. Additionally, Nvidia’s revenue growth rate has exceeded 200% for several quarters, fueled by … Read more
Broadcom (AVGO) has successfully concluded its ambitious $69 billion acquisition of VMware (VMW), a landmark move that significantly bolsters its position in the software business. This acquisition, among the largest globally since its announcement in May 2022, marks a pivotal moment in Broadcom CEO Hock Tan’s… Source link
Anup Purohit, CIO, Wipro, stood before an audience of technology enthusiasts, delivering a thought-provoking address at the VMware Explore 2023 Singapore. He began by acknowledging a common predicament that resonates not only within the confines of Wipro’s offices but also in boardrooms across the corporate world – the challenge of managing cloud resources effectively. Anup … Read more