Nutanix NTNX shares have returned 26.2% year to date, outperforming the broader Zacks Computer and Technology sector’s appreciation of 23.4%. NTNX shares have also outperformed the Zacks Computer – IT Services industry and its peers like Unisys UIS, Evolv Technologies EVLV and Cerence CRNC. Over the same time frame, Unisys has appreciated 0.2%, … Read more
VCs and angel investors are ploughing $100 million into two Nutanix veterans’ vision of a cloud-based platform for customer support and software development, valuing it at $1.15 billion. Nutanix founding CEO Dheeraj Pandey and former SVP engineering, Manoj Agarwal, launched DevRev in 2020 and raised $50 million in seed funding the following year. DevRev refers … Read more
Nutanix NTNX, a prominent player in the hybrid multi-cloud computing space, has experienced a 13% decline in its stock price over the past six months, underperforming the Zacks Computer and Technology sector’s return of 13.6%. This decline has left investors questioning the company’s future prospects. This downturn occurs against a backdrop of broader tech sector … Read more
Wealthy investors have recently shown a bullish stance towards IBM, as indicated by significant options activities detected by Benzinga. The exact identity of these investors remains unknown, but the magnitude of their move in IBM suggests a major event may be on the horizon. Observations made today revealed 9 unusual options activities for IBM by … Read more
Cisco Systems (CSCO) closed the latest trading day at $46.27, with a 1.03% increase from the previous session. This rise exceeded the S&P 500’s daily gain of 1.02%, with the Dow also showing a 1.09% increase and the Nasdaq up by 1.18%. In the past month, Cisco’s stock had a 0.07% increase, falling behind the … Read more
Cisco Systems (CSCO) shares have seen a significant decline of 9.4% year-to-date, performing poorly compared to the Zacks Computer & Technology sector, which has seen a 29.5% increase. The company is facing challenges in the form of slow network sales, particularly due to weak demand from telecom and cable service providers, as well as tough … Read more
American semiconductor company Intel (INTC.USA) has been performing poorly compared to its competitors in recent months. However, there has been a surge in its stock price by 10% over the last 5 trading sessions as investors anticipate the launch of the new Lunar Lake AI chips in Q3 2024. This positive momentum continued with a … Read more
In a recent analysis of Top 10 Blue Chip Dividend Stocks, International Business Machines Corporation (NYSE:IBM) was highlighted for its performance amongst other dividend-paying stocks. Blue chip companies are known for their financial stability and consistency in dividend payments, making them attractive to investors. The Dow Jones Industrial Average, which tracks large-cap U.S. companies, has … Read more
As a journalist, here’s a summary of the key points from the content above: The article discusses the lessons that can be learned from Intel Corporation’s stock chart in relation to the rise of AI technology. It highlights the potential risks associated with investing in AI stocks such as NVIDIA Corporation, Advanced Micro Devices, and … Read more
In today’s market, Intel Corporation (NASDAQ: INTC) is highlighted as a favorite choice for AI investments. The stock chart for INTC shows a recent surge in response to the increasing demand for AI-powered computers. The chart also indicates a cautionary lesson for investors, as it shows a double top pattern, which historically leads to a … Read more