The Cincinnati Reds made their first move ahead of the July 30 trade deadline by acquiring outfielder Austin Slater and cash from the San Francisco Giants in exchange for left-handed reliever Alex Young. Slater, 31, has a .200 batting average with a .574 OPS and one homer in 43 games this season. He has spent … Read more
Nutanix, Inc. (NASDAQ:NTNX) has seen its stock price drop by 42% over the past five years, causing some long-term shareholders to doubt their decision to hold onto the stock. The company is not currently profitable, so analysts are looking at its revenue growth to gauge its underlying business performance. Despite growing its revenue by 8.6% … Read more
One of the most experienced tech investors, Bloomberg, has decided to reduce their stake in Nvidia due to concerns over potential business risks. This move comes as a surprise to many, as Nvidia has been a strong performer in the tech industry in recent years. The decision to cut the stake is seen as a … Read more
Veteran tech investor, Bloomberg, has decided to reduce their stake in Nvidia due to perceived business risks. The decision was made after careful consideration of various factors that could impact the company’s future performance. This move comes as a surprise to many, as Nvidia has been a prominent player in the tech industry for years … Read more
The Dow Jones Industrial Average saw a significant rally of nearly 250 points, with notable gains coming from Salesforce and IBM stocks. This surge in the market was led by these two companies, with investors showing confidence in their performance. Salesforce, a cloud-based software company, and IBM, a multinational technology corporation, both saw increases in … Read more
At the recent Nvidia GTC conference, industry experts discussed the potential impact on Nvidia stock. The conference featured key speakers who provided insights into the future of the company and its stock performance. Nvidia is a leading technology company known for its innovative products in the graphics processing unit (GPU) market. Analysts and investors are … Read more
In the latest trading session, International Business Machines Corporation (IBM) closed at $170.67, reflecting a -1.74% adjustment from the previous day. This decline was smaller than the S&P 500’s 0.74% loss, but larger than the Nasdaq’s 0.39% decrease and the Dow Jones’ 1.53% drop. Over the past month, IBM shares have lost 5.65%, underperforming the … Read more
Intel stood out in the technology sector in 2024, amidst widespread layoffs across the industry. Despite some job cuts in other areas, the company did not feature on the layoff list. In fact, Intel saw its highest single-year hiring count in at least the last 20 years, with 600 new hires in 2023. The majority … Read more
The UnitedHealth Group has confirmed that the BlackCat/Alphv ransomware group successfully breached Change Healthcare in February by utilizing compromised credentials for a Citrix remote access portal that lacked multi-factor authentication. This information was validated through a prepared statement released by UnitedHealth Group CEO Andrew Witty titled “Examining the Turnaround Healthcare Cyberattack” ahead of a House … Read more