Nvidia’s enormous growth in value since the beginning of 2024 has been unprecedented, with the company’s worth increasing by over $10 billion on average each day. This surge has made Nvidia the most valuable company in the world as of Tuesday, surpassing previous tech giants like Microsoft, Apple, and Alphabet. The key driver behind Nvidia’s … Read more
Cisco Systems, a leader in digital communications technology, recently climbed eight spots on the Fortune 500 list, reaching No. 74 with a revenue of $57 billion in 2023. I had the opportunity to speak with Cisco’s Executive Vice President and CFO, Scott Herren, about the company’s approach to networking, security, collaboration, and cloud management. Herren … Read more
Hewlett Packard Enterprise (NYSE:HPE) has seen its stock drop 6.2% over the past three months, but the company’s long-term financials remain solid. One key metric to evaluate a company’s financial efficiency is Return on Equity (ROE), which measures a company’s profitability in relation to shareholders’ equity. Hewlett Packard Enterprise’s current ROE is 8.9%, calculated based … Read more
Marie Myers, CFO of Hewlett Packard Enterprise (HPE) participated in the BofA Securities 2024 Global Technology Conference where she discussed various aspects of the company’s performance and strategy. Myers highlighted her transition to HPE from HP Inc. due to the exciting opportunities in AI that HPE offers. The recent earnings report showed a strong performance … Read more
Alphabet, the parent company of Google, has a segment called Other Bets which includes a $7 billion investment fund known as CapitalG. This fund focuses on providing cash injections and expertise to companies in the growth phase, with 16 of its investments leading to IPOs. Additionally, Alphabet has investments in 43 publicly traded companies, worth … Read more
Scott Jenson, a former Google employee, expressed concerns about the company’s fear of being outpaced by competitors in the tech industry. Jenson, who worked as a UX designer at Google before leaving last month, highlighted the pressure on companies to stay ahead in the fast-paced world of technology. In a recent interview, Jenson shared his … Read more
Google is a major player in the AI field, but according to former employee Scott Jenson, the company’s focus on AI projects is driven by fear that they will be left behind rather than by actual user needs. Jenson, a senior UX designer who worked at Google for 16 years, expressed frustration with the tech … Read more