Nvidia could be positioned for even more growth ahead, according to Bank of America. Analyst Vivek Arya reiterated his buy rating on the chip giant and raised his price target by $25 to $190. That reflects around 38.8% upside from Thursday’s… Article Source https://www.cnbc.com/2024/10/18/bank-of-america-hikes-nvidia-price-target-says-shares-can-rally-almost-40percent.html
Nutanix, a company that provides “hyperconverged” compute, storage, virtualisation, and networking, reported a record quarter – amid reports of extreme inflation for VMware customers when it comes to contract renewals. (Nutanix goes head-to-head with VMware across its offering.) The San Jose-headquartered firm reported record quarterly revenue of $565 million late Wednesday (February 28). ARR rose … Read more
Here are some of the most notable stock movers in Thursday’s trading action: Stock gainers: Netflix Inc. shares NFLX, -2.68% rallied 12% after the streaming giant announced a spike in subscribers, and hiked prices on some plans, effective immediately Source link