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These Analysts Boost Their Forecasts On Nutanix After Upbeat Earnings – Nutanix (NASDAQ:NTNX)

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These Analysts Boost Their Forecasts On Nutanix After Upbeat Earnings – Nutanix (NASDAQ:NTNX)

Nutanix, Inc. NTNX reported better-than-expected fourth-quarter financial results and issued FY25 revenue guidance above estimates on Wednesday. Nutanix reported quarterly earnings of 27 cents per share which beat the analyst consensus estimate of 20 cents per share. The company reported quarterly sales of $547.95 million which beat the analyst consensus estimate of $536.94 million. “Our … Read more

Nutanix Stock Jumps On Q4 Earnings: The Details – Nutanix (NASDAQ:NTNX)

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Nutanix Stock Jumps On Q4 Earnings: The Details – Nutanix (NASDAQ:NTNX)

Nutanix Inc NTNX shares are trading higher in Wednesday’s after-hours session on the heels of the company’s fiscal fourth-quarter financial results. Here’s a rundown of the print. Q4 Revenue: $547.95 million, versus estimates of $536.94 million Q4 EPS: 27 cents, versus estimates of 20 cents Total revenue was up 11% year-over-year. Annual recurring revenue climbed … Read more

Potential Explosive Growth: The Top 4 Tech Stocks to Watch this Month including Nutanix (NASDAQ:NTNX)

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Potential Explosive Growth: The Top 4 Tech Stocks to Watch this Month including Nutanix (NASDAQ:NTNX)

Nic Chahine, an options trader, has an impressive track record of achieving 27% profits every 20 days through buying options, not selling covered calls or spreads. He boasts an 83% win rate, which is higher than most traders in the options market. Chahine’s success lies in capitalizing on oversold stocks in the information technology sector, … Read more

What is causing Nutanix’s stock to plummet on Thursday?

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What is causing Nutanix’s stock to plummet on Thursday?

Nic Chahine has an impressive track record of averaging 27% profits every 20 days with his options buys, boasting an 83% win rate in the process. Nutanix, Inc. (NASDAQ:NTNX) recently reported third-quarter FY24 results, showcasing a 17% year-over-year revenue increase to $524.6 million. The company also saw Annual Contract Value (ACV) billings rise by 20% … Read more

Broadcom Enhances VMware Workloads on Google Cloud, Eyes AI-Driven Customer Solutions – Alphabet (NASDAQ:GOOGL), Broadcom (NASDAQ:AVGO)

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Broadcom Enhances VMware Workloads on Google Cloud, Eyes AI-Driven Customer Solutions – Alphabet (NASDAQ:GOOGL), Broadcom (NASDAQ:AVGO)

Broadcom Inc AVGO and Alphabet Inc’s GOOG GOOGL Google Cloud have announced the expansion of their partnership to optimize Broadcom’s VMware workloads for Google Cloud.  This collaboration will extend to joint go-to-market initiatives, include more Broadcom products and services in the Google Cloud Marketplace, and incorporate Google Cloud’s generative AI capabilities into Broadcom’s offerings.  The partnership aims to leverage Google Cloud’s unique … Read more

Dell Trims Workforce and Projects PC Growth Amid Revenue Challenges and VMware Changes – Dell Technologies (NYSE:DELL)

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Dell Trims Workforce and Projects PC Growth Amid Revenue Challenges and VMware Changes – Dell Technologies (NYSE:DELL)

Dell Technologies Inc DELL has implemented workforce reductions as part of its comprehensive cost-cutting strategy, which also encompasses constraints on external hiring and internal employee reorganizations.  As of February 2, 2024, Dell’s workforce has decreased to nearly 120,000 employees from about 126,000 the previous year, reflecting these changes.  This decision follows a declining demand for personal computers, which has … Read more

Broadcom Nears Sale Of VMware-Acquired Software Division To KKR In Strategic Shift Towards Cloud Services: Report – Broadcom (NASDAQ:AVGO), KKR & Co (NYSE:KKR)

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Broadcom Nears Sale Of VMware-Acquired Software Division To KKR In Strategic Shift Towards Cloud Services: Report – Broadcom (NASDAQ:AVGO), KKR & Co (NYSE:KKR)

KKR & Co KKR is reportedly close to finalizing a purchase of a software division from Broadcom Inc AVGO for approximately $4 billion, with the announcement potentially expected on Monday.  The unit in question, acquired by Broadcom through its $61 billion takeover of VMware Inc. in 2023, specializes in software that facilitates remote desktop and application access for users.  While … Read more