Broadcom, a global technology company, announced its plan to acquire VMware in an acquisition deal that has been making headlines in the tech world. The deal, valued at $19 billion, is expected to be completed by the end of the year, pending regulatory approval. The acquisition timeline began in early conversations between the two companies, … Read more
U.S. stock futures rose as Nvidia Corp. rebounded, boosting the technology-led rally on Wall Street. Nvidia’s shares increased by more than 2% in pre-market trading, following a 7% gain on Tuesday. The chipmaker giant has seen a surge in its stock this year due to high demand for its chips in the AI computing market. … Read more
U.S. stock index futures stabilized on Tuesday afternoon as Nvidia and other chipmakers rallied, boosting Wall Street indexes. However, investors remained cautious ahead of key inflation data to be released later in the week, which could impact interest rate expectations. Nvidia, a leading artificial intelligence company, recovered nearly 7% after recent losses, helping its peers … Read more
The HPE/Discover Global Partner Summit 2019 was a significant event that highlighted key insights and strategies for partners in the industry. Here are six crucial takeaways from the summit: 1. Emphasis on Hybrid IT: HPE stressed the importance of hybrid IT solutions, which combine traditional on-premises infrastructure with cloud services. This approach allows for greater … Read more
Nasdaq futures were the top performers on Tuesday, with AI-linked stocks like Nvidia rebounding after a recent downturn. Investors are closely watching for signals on monetary policy from the Federal Reserve and upcoming economic data. Nvidia, which had lost significant market value in recent days, saw a 2.5% increase in premarket trading. Other companies like … Read more
Oracle India is transforming the way businesses operate through their innovative cloud solutions. With a focus on providing cutting-edge technology and solutions, Oracle is paving the way for the future of business operations in India. By harnessing the power of cloud computing, Oracle is enabling businesses to streamline their operations and increase efficiency. The cloud-based … Read more
U.S. stock index futures were relatively flat on Monday as technology stocks, particularly Nvidia, saw widespread selling. Wall Street indices were impacted by losses in chip manufacturing stocks, with Nvidia falling 6.7% and other companies like Broadcom, Taiwan Semiconductor Manufacturing, and Qualcomm also seeing declines. Micron Technology fell ahead of its quarterly results release. Technology … Read more
Asian stock indexes remained stable after a mixed day on Wall Street, with speculation that the tech sector’s rally may be slowing down. Futures indicated a potential rise in Hong Kong and Australian stocks, while Japanese stocks held steady. Nvidia experienced a three-day decline, causing it to cross into correction territory. Despite this, the chipmaker … Read more
Cisco’s channel partners are playing a key role in driving sales of AI collaboration tools. These partners are leveraging Cisco’s technology to help organizations improve communication and boost productivity. By working closely with customers, channel partners are able to identify the best solutions for their specific needs and provide tailored support throughout the implementation process. … Read more
Nasdaq 100 futures faced pressure on Monday morning, led by Nvidia Corp. with a third day of losses as tech valuations cooled off. Bloomberg reported that contracts on the Nasdaq 100 fell 0.2%, while S&P 500 futures remained flat. Nvidia dropped 3% in early trading, lowering its market value below Apple Inc. and Microsoft Corp. … Read more