ClearBridge Investments, an investment management firm, recently released its Q1 2024 ClearBridge Value Equity Strategy investor letter, showcasing the strategy’s outperformance of the Russell 1000 Value Index in the first quarter. The strategy saw gains in 9 out of the 11 sectors it invested in, with financials and utilities leading the way while real estate … Read more
An alleged benchmark for Intel’s Arrow Lake desktop CPU has been leaked, indicating a potential 20% increase in single-thread performance compared to the 14900KS chip. The benchmark was shared on a forum by a user who claimed to have captured a screenshot of the CPU-z benchmark running on an unidentified chip. The image suggests that … Read more
Large institutional holders of Hewlett Packard Enterprise Company (NYSE:HPE) can be satisfied with the impressive performance of the stock, which has increased by 3.4% over the past week, according to Simply Wall Street. Investors who have a significant stake in the company may be pleased with the positive movement in the stock price. This increase … Read more
An alleged benchmark showing the Intel Arrow Lake desktop CPU outperforming the 14900KS by up to 20% in single-core performance has been leaked. The benchmark, shared on a forum by a user, showcases the purported Intel Arrow Lake CPU running on a next-gen Z890 motherboard. While details such as CPU SKU, core count, and clock … Read more
The Irish arm of Amazon Web Services’ data center business experienced significant growth last year, with revenue increasing by 25% to €6.08 billion. Operating profit also rose by 21%, reaching €40.07 million. Despite net interest payments and a gain on asset disposal, the company reported a pre-tax profit of €15.16 million. However, after incurring a … Read more
Broadcom Inc.’s stock rose 2.6% on Friday, reaching $1,627.64. Trading volume decreased by 51% compared to the average. Analysts have given positive ratings to the stock, with a consensus target price of $1,673.04. The company’s financials show a strong performance, with high revenue and earnings per share. A 10-1 stock split is scheduled for July … Read more
Intel Company’s stock price rose 1.9% on Friday, reaching a high of $31.31 before closing at $31.17 with approximately 8,028,436 shares traded. Wall Street analysts have predicted growth for Intel, with various price targets and ratings assigned to the stock. Intel’s operations showed a 1.2% increase, with a 50-day moving average of $31.08 and a … Read more
Nutanix recently reported third-quarter fiscal 2024 earnings that exceeded expectations, with non-GAAP earnings of 28 cents per share and revenues rising to $524.6 million. The company’s top line growth was driven by increased demand for its hyper-converged infrastructure software and hybrid multi-cloud solutions. During the quarter, Nutanix added 490 customers, totaling 25,860 clients. The company’s … Read more
Bank of America analyst Vivek Arya has increased his price target for Broadcom, predicting that the semiconductor company’s sales growth will double as a result of the AI trend. Arya now believes the stock could rise by 30% to $2,150, making it his top pick. He expects sales growth to increase to a compound annual … Read more
Trading up by 0.1%, Cisco Systems (NASDAQ:CSCO) has seen a slight increase in its stock value. This uptick in trading comes as the market is showing signs of acceleration. Investors are keeping a close eye on Cisco Systems as they monitor the fluctuations in the market. Cisco Systems is a well-established company in the technology … Read more