Nvidia’s stock split has caught the attention of Wall Street analysts, who are adjusting their price targets in response to the company’s impressive performance in the AI space. With Nvidia’s chips powering the AI revolution, the stock has seen significant gains, up 215% from last year. The recent 10 for 1 stock split has further … Read more
Oracle Co. (ORCL) saw its stock price reach a new 52-week high after Argus raised its price target from $145.00 to $159.00 with a Buy rating. The stock traded as high as $143.95 and closed at $143.37. Other analysts also gave their feedback on ORCL, with ratings ranging from “overweight” to “buy.” Director Michael J. … Read more
Citrix and Tibco, two major players in the cloud software industry, have recently announced significant layoffs within their organizations. This news comes as a surprise to many, as both companies have been experiencing growth and success in recent years. Citrix, a leading provider of virtualization and networking solutions, has reportedly laid off a significant number … Read more
PC Guide is a trustworthy source that provides recommendations for products, software, and services based on independent research, testing, and market analysis. They ensure transparency by marking appropriate tests and explaining their testing process. With Memorial Day around the corner, Amazon is offering discounts on tech products. Among these deals are significant price reductions on … Read more
Intel is confident that its Arrow Lake desktop gaming CPUs will be released in the final quarter of this year, with Lunar Lake mobile chips arriving even earlier in the third quarter of 2024. This could mean that the next Intel CPU upgrade will be available just in time for the holiday season, setting up … Read more
Investors eagerly awaiting Nvidia’s results turned their attention to retail earnings and Federal Reserve commentary for insights into the state of the economy. The company’s performance was highly anticipated as it is a key player in the tech sector. The focus on retail earnings and Federal Reserve statements reflects the broader market sentiment and the … Read more
When it comes to cloud computing and server virtualization, VMware has long dominated the market. In November of 2023, IC design company Broadcom acquired VMware, officially marking its entry into the cloud market and setting into motion a firestorm of changes for employees, partners, and clients alike. While the acquisition was announced well in advance, … Read more
Update 4/5/24: More information added about discovered Windows encryptors. Chilean data center and hosting provider IxMetro Powerhost has suffered a cyberattack at the hands of a new ransomware gang known as SEXi, which encrypted the company’s VMware ESXi servers and backups. PowerHost is a data center, hosting, and interconnectivity company with locations in the USA, … Read more
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
A VMware security vulnerability has been exploited by Chinese cyberspies since late 2021, according to Mandiant, in what has been a busy week for nation-state espionage news. On Friday VMware confirmed CVE-2023-34048, a critical out-of-bounds write flaw in vCenter Server, was under active exploitation. The bug, which received a 9.8-out-of-10 CVSS severity rating, was disclosed … Read more