The June Pixel feature release has faced delays for some US Verizon and T-Mobile subscribers, with Verizon subscribers starting to receive the update, but T-Mobile users seeing slower progress. Google has added a Telus-specific build for Canadian users, and a global build is available for those still waiting. Many Pixel 7 and 8 owners on … Read more
NVIDIA, a $3 billion chip giant, is about to undergo a 10-for-1 stock split, making it more affordable for individual investors. Shareholders of record through Thursday, June 6 will receive an additional nine shares after the split. This move could potentially open the door for NVIDIA to be added to the price-weighted Dow Jones Industrial … Read more
CEOs of S&P 500 companies earned nearly 200 times the salary of the average worker in 2023, marking a 12.6% increase from the previous year. Broadcom CEO Hock Tan topped the list with a compensation of $161.8 million, followed by Fair Isaac Corporation CEO William Lansing and Apple’s Tim Cook. The gap between CEO and … Read more
IBM’s recent earnings report showed a positive trend in the first quarter of 2024. The company beat the Zacks Consensus Estimate in terms of net income, but fell short on the bottom line, despite strong demand for AI and hybrid cloud solutions. IBM reported a GAAP net income of $1.69 per share, up from $1.02 … Read more
Morgan Stanley has identified several stocks that still have room to grow this summer, including companies like Dell Technologies, Hasbro, Nvidia, Progressive, Bath & Body Works, and Warner Music Group. Hasbro, in particular, is seen as a top pick by analyst Megan Alexander due to improving toy demand trends and strong first-quarter earnings. Progressive, an … Read more
Microsoft, with a market capitalization of $3 trillion, has seen impressive growth of around 1,154% over the last decade. The company’s strong performance, driven by cloud and AI technologies, as well as solid margins despite significant AI investments, make it a favorable investment option. Despite a conservative outlook for the fourth quarter revenue, Microsoft remains … Read more
According to KeyBanc analyst John Vinh, Nvidia’s data center business is expected to experience significant growth due to the introduction of new AI chips. This comes as Nvidia’s stock has already seen a remarkable increase of over 91% this year, and the upcoming release of the company’s fiscal first-quarter 2025 earnings report on May 22 … Read more
Open-source hypervisor infrastructure is gaining in popularity following Broadcom acquisition of VMware. Source link
It will likely come as no surprise that VMware is losing customers following its $61 billion acquisition by Broadcom at the end of 2023. In the months that followed the takeover, Broadcom has introduced major changes that it says will boost profitability for the company, including removing free products and terminating perpetual licenses in favor … Read more