A company called Beef up, which has developed a unique approach to combatting malicious phishing emails, has secured $14 million in funding. The company’s primary focus is on providing services to brands and businesses to verify their branding and URLs in order to prevent cybercriminals from impersonating them. Microsoft venture fund M12 led the funding … Read more
Billionaire investor Stan Druckenmiller, known for his successful investments in Nvidia, has shifted his focus towards small-cap stocks after cashing out some of his Nvidia holdings. Druckenmiller initially invested in Nvidia in late 2022 and added to his position throughout 2023, with the stock representing a significant portion of his portfolio. However, as Nvidia’s stock … Read more
Renowned investor Steve Eisman, known for his role in “The Big Short,” has identified Apple Inc. as a major player in the artificial intelligence market. He believes that Apple’s AI strategy will lead to significant gains for the company. Eisman, who currently serves as a senior portfolio manager at Neuberger Berman, expressed his views during … Read more
Investor Steve Eisman, famous for his role in “The Big Short,” believes that Apple is positioned to benefit greatly from the artificial intelligence boom. In an interview with CNBC’s “Fast Money,” Eisman, who is now a senior portfolio manager at Neuberger Berman, expressed his confidence in Apple’s potential in the AI space. He highlighted Nvidia, … Read more
Oracle Corporation, listed on the New York Stock Exchange as ORCL, currently has a high price-to-earnings (P/E) ratio of 32.2x, which is significantly above the average P/E ratios of companies in the United States. While this may signal bearish sentiments, the high P/E ratio could be attributed to investors’ optimism about Oracle’s ability to weather … Read more
In recent times, Broadcom Inc. (AVGO) has become one of the most closely watched stocks on Zacks.com. Investors are interested in understanding the factors that could impact the stock’s performance in the short term. Over the past month, shares of Broadcom have seen a significant increase of +15.8%, outperforming the Zacks S&P 500 composite. The … Read more
Sagefield Capital LP, an institutional investor, recently reported a reduction in its holdings of VMware, Inc. The disclosure was made in the first quarter of this year through a filing with the Securities and Exchange Commission. According to the filing, Sagefield Capital LP reduced its holdings in VMware by 46.4%, selling 3,200 shares out of … Read more