Gains

Nvidia reports $26 billion in revenue for Q1, with AI crypto tokens also showing gains in correlation.

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Nvidia reports billion in revenue for Q1, with AI crypto tokens also showing gains in correlation.

Nvidia, a leading chip manufacturing tech giant, recently announced its first-quarter earnings, surpassing market expectations with record quarterly revenue of $26 billion. The company also disclosed plans for a ten-for-one forward stock split to be implemented by June 7, 2024. Following the news, Nvidia’s stock ($NVDA) experienced a 2.6% increase after the market closed. In … Read more

Oracle stock closes lower, ending a six-day streak of gains

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Oracle stock closes lower, ending a six-day streak of gains

Oracle (NYSE:ORCL) ended in negative territory on Wednesday, ending a six-day winning streak where the stock had gained 3.1%. The cloud software company closed at $124.61, down -0.02% from the previous day’s close and below its 52-week high of $132.77. Despite this dip, Oracle’s stock has still seen a 22.5% increase in value over the … Read more

Oracle stock ends in negative territory, ending six days of consecutive gains.

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Oracle stock closes lower, ending a six-day streak of gains

Oracle (NYSE:ORCL) ended a six-day winning streak by closing in the red on Wednesday, dropping -0.02% to $124.61. The cloud software company had seen a 3.1% increase in the previous six trading sessions. Despite this decline, Oracle’s stock has still gained 22.5% in the past year, although it closed below its 52-week high of $132.77. … Read more

Scaramucci advises holding Nvidia for long-term gains

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Scaramucci advises holding Nvidia for long-term gains

Nvidia’s upcoming earnings report is creating buzz on Wall Street, as the chip company holds about 5% of the total weight of the S&P 500. Skybridge Capital Founder Anthony Scaramucci shared his insights on Nvidia’s potential impact on the market, highlighting the company’s growth and importance in the long term. Scaramucci emphasized the value of … Read more

These 6 AI stocks tend to see gains when Nvidia beats estimates

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These 6 AI stocks tend to see gains when Nvidia beats estimates

A recent analysis by CNBC Pro suggests that six AI-related stocks tend to react positively to Nvidia’s quarterly results. This analysis comes ahead of Nvidia’s first-quarter earnings report, set to be released after the market closes on Wednesday. The five U.S.-listed stocks (Super Micro Computer, AMD, Marvell Technology, Vertiv, and Synopsys) along with Japan-listed Advantest … Read more

Intel Corp. Stock Falls Behind Competitors Despite Daily Gains on Monday

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Intel Corp. Stock Falls Behind Competitors Despite Daily Gains on Monday

Shares of Intel Corp. saw a slight increase of 0.85% to $32.10 on Monday, amidst a trading session that was overall mixed for the stock market, with the S&P 500 experiencing fluctuations. Intel Corp. is a well-known multinational corporation that is primarily focused on the design and manufacture of computer processors and related technologies. Despite … Read more

Three Ways VMware Made Diversity Gains Stick – MIT Sloan Management Review

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Three Ways VMware Made Diversity Gains Stick – MIT Sloan Management Review

VMware’s 10-year DEI journey offers lessons on prioritizing efforts in ways that sustain long-term success. Amber Boyle and Tiffany Galvin Green January 18, 2024 Reading Time: 9 min  Getty Images Many companies have had diversity-related aha moments in which they realized that their culture needed to become more… Source link

Broadcom now ranks among 10 largest U.S. companies after big 2023 stock gains

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Broadcom now ranks among 10 largest U.S. companies after big 2023 stock gains

Nvidia Corp. has catapulted up the list of the most valuable U.S. companies this year, rising eight spots from the end of last year to sit in the fifth position with a market capitalization of $1.2 trillion. But other chip companies have seen their positions rise even more. Just look at Broadcom Inc. AVGO, +0.59%, … Read more

Audi targets hyperconverged infrastructure gains to simplify vehicle production

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Audi targets hyperconverged infrastructure gains to simplify vehicle production

A key figure at Audi has expressed the hope that the firm’s VMware partnership will successfully lead to hyperconverged infrastructure (HCI) in its production environment and lead other figures in the sector to follow in its footsteps. Henning Loeser, head of Audi Production Lab, spoke at VMware Explore Barcelona about his team’s aim to virtualize … Read more