Nvidia, which briefly held the title of the most valuable public company on the planet, saw its shares experience a rare decline on Thursday. The stock dropped as much as 8% from its all-time high to a 2% decrease on the day, settling at $132 by mid-afternoon. This intraday swing wiped $277 billion off Nvidia’s … Read more
Nutanix, a technology company, reported strong third-quarter earnings that exceeded Wall Street’s expectations. The company’s earnings per share (EPS) was $0.28, higher than the anticipated $0.17. Revenue for the quarter also outperformed, coming in at $524.6 million compared to the estimated $515.96 million. However, Nutanix issued weaker guidance for the fourth quarter, projecting revenue between … Read more
Intel’s upcoming Lunar Lake processors will not feature hyperthreading, a technology that has been a staple in their fastest processors for over 20 years. This decision is driven by a desire to prioritize power efficiency in laptops, as enabling hyperthreading would come at too high a power cost. The Lunar Lake CPUs will focus on … Read more
Nvidia’s shares dropped slightly after the chipmaker became the world’s second most valuable company, with a market cap of $3.01 trillion. This followed a 5.2% increase in share price on Wednesday, hitting an all-time high. The company’s CEO announced plans for new chips in 2025 and 2026, which contributed to investor enthusiasm. With a 1.2% … Read more
Shares of Nutanix (NASDAQ: NTNX) plummeted after the company released its third-quarter financial results. While the hybrid cloud-computing expert exceeded Wall Street’s earnings expectations, its fourth-quarter guidance fell below analysts’ estimates. Nutanix’s stock was down 22% at 3 p.m. ET following the announcement. In the third quarter, Nutanix reported a 17% year-over-year increase in sales, … Read more
Nutanix, Inc. (NASDAQ:NTNX) saw a drop in its stock price following a downgrade from Northland Capmk. Other research analysts have also recently issued reports on the company, with varying price targets and ratings. Insider trading has also been reported, with CEO Rajiv Ramaswami and COO David Sangster selling significant amounts of shares. Institutional investors have … Read more
Nvidia, a leading AI chip maker, has earned the top spot in a recent survey, marking its first year on the list. This accomplishment reflects the company’s growing presence and influence in the AI technology sector. The survey results highlight Nvidia’s impressive performance and solidify its position as a key player in the industry. Article … Read more
The Dow Jones Industrial Average is experiencing a downturn on Thursday afternoon due to declines in Boeing and Intel stocks. Boeing and Intel shares have been trading lower, leading to overall losses in the market. The drop in these key stocks has contributed to the overall decrease in the index. It is important to closely … Read more
The Dow Jones Industrial Average dropped Thursday morning due to losses in Intel and Boeing stocks. The blue-chip indicator was trading 240 points lower (-0.6%), with Intel shares down $0.77 (2.4%) and Boeing shares down $3.97. Intel’s decline was a result of disappointing earnings, while Boeing was impacted by ongoing issues with its 737 MAX … Read more
Nvidia’s stock price dipped slightly ahead of its first-quarter earnings report, closing at $947 after reaching a record high of $953.86 the day before. This fluctuation is not unprecedented for the chipmaker giant, as it experienced a similar situation before its last earnings report in February. Despite seeing its worst day on the stock market … Read more