Decline

Nvidia shares decline 3.5%, hit 3-week low as rotation into cyclicals continue By Investing.com

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Nvidia shares decline 3.5%, hit 3-week low as rotation into cyclicals continue By Investing.com

NVIDIA (NASDAQ:) stock fell nearly 4% Monday, plummeting to a three-week low as investors continued to shift their focus towards cyclical stocks, coinciding with the reaching a new high. Nvidia attempted to maintain an upward trend that began in… Article Source https://www.investing.com/news/stock-market-news/nvidia-shares-decline-35-hit-3week-low-as-rotation-into-cyclicals-continue-3740415

NVIDIA Retains Hold On GPU Market With 60-Class GPUs While AMD & Intel GPUs See Decline In Germany

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NVIDIA Retains Hold On GPU Market With 60-Class GPUs While AMD & Intel GPUs See Decline In Germany

NVIDIA retains its hold of the GPU market while the competing products from AMD & Intel are on a decline in major DIY markets. NVIDIA’s Mainstream GPUs Still The Most Popular Choice Among Gamers on Steam, AMD & Intel Nowhere… Article Source https://wccftech.com/nvidia-retains-hold-on-gpu-market-60-class-gpus-amd-intel-gpus-see-decline/

Insiders Selling Broadcom (AVGO) Amid Recent Stock Decline

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Insiders Selling Broadcom (AVGO) Amid Recent Stock Decline

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! The whispers are turning into roars. Artificial intelligence isn’t science fiction… Article Source https://www.insidermonkey.com/blog/insiders-selling-broadcom-avgo-amid-recent-stock-decline-1377715/

How to Approach Trading CSCO Stock After 9.4% Year to Date Decline

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How to Approach Trading CSCO Stock After 9.4% Year to Date Decline

Cisco Systems (CSCO) shares have seen a 9.4% decline year to date, performing below the Zacks Index. The computer technology sector’s profitability is at 29.5%. CSCO is facing challenges due to slow network sales, particularly from telecom and cable service providers, along with tough competition. Excessive customer inventory has also hindered growth. In the third … Read more

Can Nutanix (NTNX) Bounce Back After 2.3% Decline Since Last Earnings Report?

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Can Nutanix (NTNX) Bounce Back After 2.3% Decline Since Last Earnings Report?

Nutanix recently reported its second-quarter earnings, with non-GAAP earnings per share of 46 cents, exceeding expectations. Revenues also increased by 16% year over year to $565.2 million. The company saw growth in its hyper-converged infrastructure software and adoption of its multi-cloud solutions. Product revenues rose by 19.6% to $299.6 million, and subscription revenues climbed by … Read more

Oracle’s stock prices decline following Musk’s xAI move away from cloud partnership

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Oracle’s stock prices decline following Musk’s xAI move away from cloud partnership

Oracle shares dropped nearly 5% following Elon Musk’s announcement that his AI startup, xAI, would reduce its reliance on Oracle’s cloud technology. Musk stated the decision was made to maintain a competitive edge in speed over other AI companies. This news comes after talks of a $10 billion cloud deal between the two companies fell … Read more

Oracle’s stocks decline following Musk’s xAI move away from cloud partnership – Bloomberg

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Oracle’s stock took a hit after Elon Musk’s company, xAI, backed out of a potential cloud deal with the tech giant. The news sent shares of Oracle tumbling as investors reacted to the sudden change in plans. Oracle had been in talks with xAI to collaborate on cloud services, but Musk’s decision to walk away … Read more

Tech stocks decline ahead of earnings report — Weekly tech roundup

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Tech stocks decline ahead of earnings report — Weekly tech roundup

Technology stocks experienced a dip as investors decided to take profits before the upcoming earnings season. Microsoft saw a 1.5% decline, pulling its year-to-date gains down to 24%. Oracle also took a hit following Elon Musk’s suggestion that his AI startup xAI had halted discussions to expand a deal with Oracle involving the leasing of … Read more

Negotiations between Oracle and Musk’s xAI fail, causing Oracle stock to decline

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Negotiations between Oracle and Musk’s xAI fail, causing Oracle stock to decline

Tech giant Oracle is facing a setback in its potential $10 billion server deal with Elon Musk’s artificial intelligence company xAI. The talks have reportedly ended, with Musk now focusing on purchasing chips to build his own data center. This news has caused Oracle shares to trade lower, as reported by The Information. In a … Read more