The S&P 500 nearly reached a new high as investors geared up for Nvidia’s earnings report. Federal Reserve Chairman Christopher Waller emphasized the need for sustained positive data before considering rate cuts. Cryptocurrencies experienced volatile swings amid excitement over potential approval of ether spot ETFs. The S&P 500 closed at a record high on Tuesday, … Read more
Nvidia is set to release its first-quarter earnings report after the market closes on Wednesday, with Wall Street anticipating an increase in sales of the company’s AI chips leading up to the launch of its next-generation Blackwell chip. Analysts are closely watching for updates on current chip sales, guidance for the future, and supply and … Read more
Summary: U.S. stock index futures showed little movement on Monday afternoon as buying momentum in technology stocks paused. The Nasdaq was expected to reach historical highs with the upcoming earnings report from Nvidia. Concerns about interest rates and inflation persisted, with Federal Reserve officials highlighting the need for confidence in inflation data before considering rate … Read more
In 2023, Broadcom shares doubled in price. So far in 2024, the stock is up 10%. (Photo Illustration … [+] by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Shares of Broadcom (AVGO) this week hit a new record high of $1,284 as investors applaud the chipmaker’s more diversified revenue stream following … Read more
Broadcom finally (!) closed on its $69 billion acquisition of VMware, bringing to a close 18 months of intrigue. Source link
Hock Tan, CEO of Broadcom. Martin H. Simon | Bloomberg | Getty Images Broadcom shares jumped 9% Monday after Citigroup resumed its coverage of the stock with a buy rating and updated its price target to $1,100. Shares closed at $1,029.24, its highest price in a year. Citigroup said it resumed its coverage of the … Read more
The Scottish Government is keen to automate as many services as possible. This leads to a demand for new applications which in turn creates a need to spin up environments quickly, including virtual machines and middleware. Enter, VMware. The devolved assembly has been a customer of VMware for more than a decade, increasing its use … Read more
BGP, or Border Gateway Protocol, is a routing protocol that is responsible for exchanging routing information between different networks on the internet. With the increasing reliance on the internet for mission-critical business operations, ensuring high availability and fault tolerance of BGP has become a top priority for network administrators. BGP redundancy is a best practice … Read more