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Nutanix Q4 Earnings Surpass Estimates, Revenues Increase Y/Y

Nutanix NTNX reported fourth-quarter fiscal 2024 non-GAAP earnings of 27 cents per share, which surpassed the Zacks Consensus Estimate by 35% and increased 12.5%...

Nutanix stock outlook solid as BofA eyes gradual market share increase By Investing.com

On Wednesday, BofA Securities adjusted its outlook on Nutanix (NASDAQ:) shares, a leader in hyper-converged infrastructure (HCI). The price target was reduced to $72...

Amazon AWS unveils the latest Graviton4 processor with triple the compute power and memory, and a 30% increase in performance – TweakTown

Amazon Web Services (AWS) has recently unveiled its latest innovation, the Graviton4 processor. This state-of-the-art processor boasts three times more processing power and...

Reasons for Oracle Corporation’s (ORCL) Increase in Q2

ClearBridge Investments, an investment management firm, recently released its Q2 2024 ClearBridge Value Equity Strategy investor letter. The strategy performed well in...

TSMC Reports 40% Sales Increase Due to AI Demand; Microsoft and Apple Relinquish OpenAI Board Seats as Musk Parts Ways with Oracle

The demand for AI chips is on the rise, particularly benefiting Taiwan Semiconductor Manufacturing Co. Ltd. (TSM). TSM exceeded revenue expectations in...

Amazon executive embraces AI as a chance, relies on ‘perseverance and creativity’ to address increase

Interest in Artificial Intelligence (AI) is growing rapidly, leading to concerns about businesses' ability to meet the computing demands necessary to incorporate this...

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