The exclusive cloud partnership between Microsoft Azure and Indian e-commerce startup Flipkart appears to have come to an end, with Flipkart now signing a deal with Google Cloud in an investment worth $350 million. TechCrunch reported that Google’s investment is part of a nearly $1 billion funding round led by Walmart, with the overall investment … Read more
Bridgewater Associates, founded by billionaire investor Ray Dalio, has been strategically managing its investments, with a focus on balancing risks, maximizing risk-return ratios, and achieving consistent returns regardless of economic conditions. Despite recent market turmoil, the fund has seen profits in the double digits this year after implementing cost-cutting measures and organizational restructuring. In the … Read more
Billionaire investor Ray Dalio’s company, Bridgewater Associates, recently revealed its investment strategy in its latest 13F filing. The firm was heavily invested in most of the “magnificent seven” stocks, while also divesting from giants like Cisco Systems and Qualcomm. Despite strong first-quarter results, Bridgewater Associates made moves in its portfolio based on Dalio’s risk parity … Read more
NVIDIA (NVDA) recently announced split shares and an increased dividend, adding some extra flair to its already strong earnings reports. While these developments are positive for shareholders, they may not be enough to justify fresh investments in the company. Stock splits are becoming less significant for retail investors, and many already have exposure to NVIDIA … Read more
King Luther Capital Management Corp reduced its stake in Nutanix, Inc. (NASDAQ:NTNX) by 9.9% in the fourth quarter, selling 55,587 shares to own a total of 506,154 shares valued at $24,138,000. Other large investors also made changes to their positions in NTNX, with 85.25% of shares belonging to institutional investors. In insider news, COO David … Read more
Nvidia has once again exceeded profit expectations, with revenue growing 262% year-over-year to $26 billion in the first quarter of fiscal 2025. This growth was driven by the company’s dominance in the data center market, where it holds an estimated 98% share. Operating income jumped 690% to $16.9 billion, and earnings per share rose to … Read more
The semiconductor industry is poised for a significant upturn as demand for artificial intelligence technology increases. This is expected to drive a strong cyclical rebound in the industry. Article Source https://www.fool.com/investing/2024/05/23/should-investors-buy-intel-stock-instead-of-applie/
Amazon Web Services (AWS) has announced the largest technological investment in Spain, amounting to 15.7 billion euros. This project aims to provide cloud-based services and will result in the creation of 17,500 jobs over the next ten years, with a third of them being located in Aragon. The investment is expected to boost Spain’s Domestic … Read more
Amazon Web Services (AWS), the cloud computing arm of Amazon, has revealed plans to invest 15.7 billion euros in data centers in Spain’s Aragon Region. This significant investment will support the company’s expansion efforts in the country. This new investment plan supersedes a previous announcement made in 2021, where Amazon had committed 2.5 billion euros … Read more
Institutions hold a major stake in Oracle Corporation, with three investors owning a total of 52% of the company. Insider ownership in Oracle stands at 42%. Institutional investors saw significant gains last week as Oracle’s market capitalization reached $342 billion, resulting in a 28% one-year shareholder return. Institutional ownership can indicate credibility in the investment … Read more