In the latest trading session, IBM (IBM) closed at $175.01, up 1.48% from the previous day. This increase was higher than the S&P 500’s 0.31% loss. The Dow Jones gained 0.67%, while the Nasdaq fell by 1.09%. IBM stock has seen a 0.92% increase in the past month, which is lower than the Computer & … Read more
IBM shares saw a boost after Goldman Sachs analysts gave the tech giant a “buy” rating, citing their positive moves towards long-term growth and investments in artificial intelligence (AI). The analysts highlighted IBM’s progress in infrastructure software, AI, and consulting, emphasizing that the company could potentially gain market share as its AI investments pay off. … Read more
:max_bytes(150000):strip_icc()/INV_IBM_Building_GettyImages-1540328019-1c52d1d76091486f940b4f2eea75a5ac.jpg?w=1500&resize=1500,998&ssl=1 "Goldman Sachs Predicts IBM’s Market Share Could Increase as AI Investments See Returns")
Goldman Sachs analysts gave IBM a “buy” rating, highlighting the company’s focus on long-term growth and investments in AI. They noted IBM’s advances in infrastructure software, AI, and consulting, predicting that the company could gain market share as its AI investments pay off. IBM shares rose 1.5% on Monday following the rating, with a target … Read more
The Dow Jones Industrial Average experienced a significant increase of 386 points, thanks in part to the stock gains of IBM and Goldman Sachs. This surge in the market could be attributed to various factors such as positive news surrounding these two major companies, as well as overall investor sentiment. IBM and Goldman Sachs’ strong … Read more
The aftermath of the massive CDK Global ransomware attack from last week is still ongoing, with the SaaS provider working to restore operations that may take several days. In other news, HPE is seeing an increase in channel sales of its GreenLake solutions, a significant shift in strategy over the past three years. Shasta Cloud … Read more
HPE’s GreenLake strategy has undergone significant changes, making comparisons to past performance difficult. The company has shifted its focus to integrate all of its hybrid cloud solutions under GreenLake, a departure from previous years. HPE aims to expand the reach of GreenLake, with plans to include its entire product portfolio under the platform. The GreenLake … Read more
Broadcom (NASDAQ: AVGO) has seen a significant increase in its shares this year, rising by over 60%. The company recently announced a 10-for-1 stock split, scheduled for July 2024. Led by CEO Hock Tan, Broadcom has grown through a series of acquisitions, expanding its presence in the chip design and enterprise software industries. One of … Read more
Broadcom has had an impressive 60% increase in share price in 2024, with a 10-for-1 stock split announced for July. CEO Hock Tan has built the company through strategic acquisitions, focusing on both chip design and enterprise software. The company’s performance in acquiring chip technologies and managing profitability has positioned it well to benefit from … Read more
Broadcom and Nvidia are leading the way in the artificial intelligence industry, with Broadcom’s stock up 60% so far in 2024 and Nvidia’s up over 170%. Broadcom, under CEO Hock Tan, has grown through multiple acquisitions, including the purchase of VMware in 2023. This has positioned the company well to benefit from the AI infrastructure … Read more
NDTV, a prominent news platform in India, has achieved remarkable success by collaborating with Google to enhance its content strategy through real-time data insights. Understanding the limitations of traditional engagement measurement tools, NDTV embarked on a mission to create a data-driven framework to elevate the quality and engagement of its published content. This innovative partnership … Read more