On Wednesday, BofA Securities adjusted its outlook on Nutanix (NASDAQ:) shares, a leader in hyper-converged infrastructure (HCI). The price target was reduced to $72 from $75 while the Buy rating remained. The firm acknowledges the potential for Nutanix to increase its market share at the expense of VMWare, now a part of Broadcom Inc. (NASDAQ:), … Read more
Intel has recently announced the discontinuation of its Core i9-12900KS and 10th-gen Core processors, signaling the gradual end of the 14nm era. This decision comes as part of Intel’s ongoing effort to shift towards more advanced technology nodes in its processor lineup. The Core i9-12900KS was launched by Intel as a high-performance desktop processor targeted … Read more
Several major Asian stock indexes saw declines on Thursday as investors processed the news that central banks in major economies are hesitant to engage in aggressive monetary easing due to concerns about lingering inflation. The cautious approach of policymakers towards easing monetary policy has raised questions among investors about the future trajectory of interest rates … Read more