Hotels, resorts, and casinos worldwide are turning to the Oracle OPERA Cloud hospitality platform to enhance automation, efficiency, and data intelligence throughout their properties. Oracle has experienced significant growth in the adoption of OPERA Cloud, with a more than 100% increase in properties using the platform in the last fiscal year and 1,500 deployments in … Read more
Community Health Network in Indianapolis has made a significant investment in the Nuance Dragon Medical platform and Microsoft Azure cloud services as part of a digital strategy to enhance healthcare delivery, experiences, costs, and outcomes. The health system is transitioning its IT infrastructure to Azure to improve operational efficiency, data security, and clinical information sharing. … Read more
U.S. stock futures were mixed on Tuesday following a decline in AI-related chipmaker stocks. Nvidia shares were up in premarket trading. Meanwhile, meme stock investor Roaring Kitty’s stake in GameStop fell into the red, with prices falling in volatile trades. Bitcoin also experienced volatility, while crude oil prices stabilized. Investors are awaiting key reports on … Read more
Intel’s stock closed at $30.57, down 1.67%, as compared to the previous day’s performance. The stock underperformed the S&P 500’s loss of 0.31%, with the Dow Jones seeing a gain of 0.67% and the Nasdaq falling 1.09%. Over the past month, Intel’s shares have increased by 1.2%, lagging behind the Computer and Technology sector’s 6.41% … Read more
In the recent market close, Intel (INTC) ended at $30.57, experiencing a -1.67% drop compared to the previous day. This performance was weaker than the S&P 500’s 0.31% decline. The Dow Jones saw a 0.67% increase while the Nasdaq, focused on technology, fell by 1.09%. Over the past month, shares of Intel, the largest chipmaker … Read more
Broadcom Inc. saw its shares fall by 2.5% along with other AI-related names, despite an increase in price target by BofA Global Research. BofA analysts raised Broadcom’s price target to $2,150 from $2,000, citing the company’s transformation from a value stock to a growth stock driven by AI and its recent acquisition of VMware. Analysts … Read more
U.S. stocks ended the week with a small dip, but the S&P 500 remained near its all-time high, ending its eighth winning week out of nine. The Dow Jones Industrial Average saw a slight rise, while the Nasdaq composite fell. Nvidia’s stock took a hit, dragging down the market after rising over 1,000% since October … Read more
Broadcom Inc. stock price decreased by 2% on Friday, trading at $1,699.13. The company had a trading volume of 2,416,850 shares. Wall Street analysts have forecasted growth for Broadcom, with various firms giving the stock “buy” ratings and price targets ranging from $1,500.00 to $2,000.00. The company’s performance metrics show a market capitalization of $789.21 … Read more
Global and US markets hit all-time highs on Thursday, but faced some cooling in economic activity during May and June. The Atlanta Federal Reserve’s real-time estimate shows strong growth of 3% for the quarter. Investors are preparing for a more eventful second half, potentially influenced by the US elections in November. Nvidia dropped 3.5% on … Read more
Wall Street saw a mixed finish on Thursday, with the Dow Jones rising over three-quarters of a percentage point, the S&P 500 slipping a quarter of a percentage point after hitting a record high, and the Nasdaq losing about eight-tenths of a percentage point. Despite some early gains, market leader Nvidia fell 3.5% by the … Read more