Terry Smith Shuns Nvidia Shares on Fears AI Hype Is Overblown

Terry Smith Shuns Nvidia Shares on Fears AI Hype Is Overblown

(Bloomberg) — Nvidia Corp.’s (NVDA) stock has almost tripled this year, and Wall Street analysts are overwhelmingly positive on the chipmaker. Most Read from Bloomberg But, Terry Smith isn’t impressed. The money manager, who’s been… Article Source https://finance.yahoo.com/news/terry-smith-shuns-nvidia-shares-080000708.html

“Don’t believe the hype”: Broadcom claims it’s been able to solve most of its customer issues following VMware acquisition

“Don’t believe the hype”: Broadcom claims it’s been able to solve most of its customer issues following VMware acquisition

Customers shouldn’t believe the hype around the VMware fallout following its acquisition, Broadcom’s EMEA CTO Joe Baguley told ITPro. While there’s been a lot of noise in the press around the results of the acquisition, Baguley said his… Article Source https://www.itpro.com/cloud/cloud-computing/dont-believe-the-hype-broadcom-claims-its-been-able-to-solve-most-of-its-customer-issues-following-vmware-acquisition

Gartner advises patience despite hype surrounding VMware departure

Gartner advises patience despite hype surrounding VMware departure

The acquisition of VMware by Broadcom has led to market changes, with Gartner predicting an increase in “devirtualization” in the future. Many companies are considering switching to VMware alternatives, but this may not be feasible for most organizations for several years. Gartner’s Hype Cycle 2024 for Data Center Infrastructure Technologies estimates that VMware‘s pricing may … Read more

Today’s Stock Market: Global Equity Markets Show Mixed Results Following Continued Decline in Nvidia Stocks Amid Cooling AI Hype

Today’s Stock Market: Global Equity Markets Show Mixed Results Following Continued Decline in Nvidia Stocks Amid Cooling AI Hype

Global stocks were mixed on Tuesday following a drop by Wall Street’s NVIDIA. The Dow Jones Industrial Average future remained flat, while S&P 500 futures saw a slight decrease. European markets opened lower, with France’s CAC 40 and Germany’s DAX experiencing losses. Japan’s Nikkei 225 rose after Bank of Japan data showed a slowdown in … Read more

Will Businesses Finally Transform AI Hype into Results at HPE Discover 2024?

Will Businesses Finally Transform AI Hype into Results at HPE Discover 2024?

The race for generative artificial intelligence solutions within enterprise IT is intensifying, with vendors seeking to highlight their unique offerings in the market. At HPE Discover 2024, in collaboration with Nvidia, HPE showcased its enterprise AI capabilities to provide innovative solutions to its customers. Mohan Rajagopalan, the general manager of Ezmeral Software at HPE, discussed … Read more

Exploring the Reality Beyond AI Hype: Why Nvidia Bull is Enthusiastic about this Overlooked Tech Stock

Exploring the Reality Beyond AI Hype: Why Nvidia Bull is Enthusiastic about this Overlooked Tech Stock

Artificial intelligence has been a hot topic in technology investing, with companies like Nvidia, Alphabet, and Microsoft making headlines. However, there is one stock that often goes unnoticed by investors – Motorola Solutions. According to Trent Masters of Alphinity Investment Management, Motorola is a strong player in the public safety market, with about 70% of … Read more

Will Nvidia Deliver on the Hype? Analyst Compares Q1 Earnings Anticipation to a Taylor Swift Concert, as Wall Street’s Expectations Soar for NVIDIA (NASDAQ:NVDA)

Will Nvidia Deliver on the Hype? Analyst Compares Q1 Earnings Anticipation to a Taylor Swift Concert, as Wall Street’s Expectations Soar for NVIDIA (NASDAQ:NVDA)

Nvidia Corp. is poised to release its first-quarter earnings report, sparking anticipation among investors and analysts. Expectations are high for the company to meet or exceed previous performance metrics. Analysts are closely watching key numbers such as revenue, non-GAAP EPS, and non-GAAP gross margin. The impending launch of Nvidia’s new flagship GPU platform poses a … Read more