Citigroup analysts upgrade Cisco Systems (CSCO) stock from Neutral to a Buy rating and up their price target from $52 to $62 per share. Market Domination co-hosts Julie Hyman and Josh Lipton look into the analyst note highlighting Cisco will… Article Source https://finance.yahoo.com/video/citi-upgrades-cisco-ups-price-200027232.html
International Business Machines Co. (NYSE:IBM) to Post Q2 2026 Earnings of $3.10 Per Share, Zacks Research Forecasts MarketBeat Article Source https://www.marketbeat.com/instant-alerts/nyse-ibm-analyst-earnings-estimates-2024-10-15/
Nutanix, Inc. NTNX reported better-than-expected fourth-quarter financial results and issued FY25 revenue guidance above estimates on Wednesday. Nutanix reported quarterly earnings of 27 cents per share which beat the analyst consensus estimate of 20 cents per share. The company reported quarterly sales of $547.95 million which beat the analyst consensus estimate of $536.94 million. “Our … Read more
Alphabet’s Google stock has surged in recent days, reaching all-time highs, driven by positive developments and analyst price target updates. 38 Wall Street analysts have given a “strong buy” rating to Alphabet shares, with an average target price of $198.92. Analysts at firms like Jefferies and Commerzbank have raised their price targets to $215 and … Read more
During NVIDIA’s Annual General Meeting, CEO Jensen Huang discussed the company’s future plans, predicting that the AI market will grow to a whopping $50 trillion as more companies shift towards automation. Huang believes that NVIDIA’s newly released Blackwell architecture will be a game-changer in the industry, with potential for huge success and wealth creation for … Read more
Nutanix has conducted its sixth annual Financial Services Enterprise Cloud Index (ECI) survey, showcasing upcoming trends in the financial services and insurance industry. The key takeaway is a projected threefold increase in hybrid multicloud adoption over the next three years, driven by the need for improved data security, ransomware protection, and the integration of AI … Read more
Oracle, a leading technology company, is anticipating a substantial increase in revenue by the year 2025. This optimistic outlook is fueled by the growing demand for Artificial Intelligence (AI) technologies in various industries. In a recent report by Reuters, Oracle expressed confidence in achieving double-digit revenue growth over the next few years. The increasing reliance … Read more
Hewlett Packard Enterprise (HPE) reported revenue of $7.2 billion for the quarter ending April 2024, up 3.3% from the same period last year. EPS was $0.42, compared to $0.52 in the prior-year quarter. The reported revenues exceeded the Zacks Consensus Estimate of $6.81 billion by 5.72%, with a per-share surprise of 10.53%. Key metrics monitored … Read more
Nutanix, Inc. (NASDAQ:NTNX) exceeded expectations with its third-quarter earnings, posting an adjusted earnings per share of 28 cents, surpassing the market forecast of 17 cents per share. The company reported quarterly sales of $524.577 million, higher than expectations of $516.183 million. CEO Rajiv Ramaswami highlighted the solid performance, attributing it to disciplined execution and the … Read more
Nutanix (NTNX) reported strong third-quarter fiscal 2024 results, with non-GAAP earnings of 28 cents per share, surpassing the Zacks Consensus Estimate by 64.71%. Revenues increased 17% year over year to $524.6 million, primarily driven by growth in hyper-converged infrastructure software. Annual Contract Value (ACV) billings jumped 20% to $288.9 million. Product revenues increased 20.2% to … Read more