Cisco Systems, Inc. (NASDAQ:CSCO) has received a “Hold” rating from twenty-one rating firms, with one analyst giving a sell rating, fourteen assigning hold ratings, and six assigning buy ratings. The average 1-year price target is $56.47. Several stock analysts have commented on CSCO stock, with recent downgrades and price target adjustments. The company’s shares were … Read more
The era of Apple’s Intel Macs is coming to an end with the release of macOS Sequoia, which will only support AI features on Apple Silicon devices. As a result, Intel Macs are expected to become cheaper as they may not offer the same level of performance and software updates as the newer Apple Silicon … Read more
IBM shares have had a challenging year in 2024 but still show promise due to solid foundations, a new growth engine with the HashiCorp acquisition, an attractive valuation, compelling dividend yield, and a bullish technical setup. Despite underperforming the broader market, IBM’s move towards hybrid cloud and AI strategies has driven earnings growth and margin … Read more
A housing project that was planned for the former site of the IBM Country Club has been put on hold. The project, which was expected to bring new housing units to the area, is now facing delays due to unspecified reasons. The development of the site, which was once a popular recreational destination for IBM … Read more
Plans for a housing project at the former IBM Country Club site have been in progress for over two years, but Conifer Development, the company responsible for the project, faced a setback due to a financing issue. Their proposal was not selected by the New York City Housing and Community Renewal Agency last spring. Stacey … Read more
Nvidia has been on a remarkable journey since November 2022, with the stock gaining over 800% and becoming the second-best performer in the index. Despite facing seven declines of 10% or more, Nvidia has consistently bounced back to reach new highs. Currently, the stock is experiencing a 17% decline from its peak, with no apparent … Read more
Google has announced that its next in-person Made by Google event will take place on August 13. The event will showcase the best of Google AI, Android software, and the Pixel portfolio of devices. It is expected that the Pixel 9 and Pixel 9 Pro will be revealed at the event, which is earlier than … Read more
Nvidia Stock (NVDA) is making a recovery after three consecutive sessions of losses. Some on Wall Street believe that the recent decline may have been exaggerated, prompting questions about the future of chip stocks. Daniel Flax, a Senior Research Analyst at Neuberger Berman, recently appeared on Catalysts to provide insights into Nvidia’s recent performance and … Read more
NVIDIA is set to undergo a stock split, with shareholders receiving an additional nine shares for every share they own if they acquire them by the end of the trading day. The company recently reported impressive first-quarter earnings for fiscal year 2025, surpassing analyst expectations with earnings per share of $6.12 and revenue of $26.04 … Read more
Nutanix shares were downgraded by Northland Capmk from a strong-buy to a hold rating. Other research firms, including Bank of America and Susquehanna, have given Nutanix positive ratings and raised their price targets. The company’s stock has a one-year low of $26.47 and a high of $73.69, with a market cap of $13.77 billion. Nutanix … Read more