Jensen Huang, co-founder and CEO of Nvidia, speaks during an event in Taipei, Taiwan, on June 2, 2024. Annabelle Chih | Bloomberg | Getty Images Shares of Nvidia rose to a new record Thursday as investors piled back in to the artificial… Article Source https://www.cnbc.com/2024/10/17/nvidia-stock-rises-to-new-record-exceeding-june-high-as-ai-trade-is-rekindled.html
Broadcom shares have jumped 3% since the company announced a stock split in June. Since 1980, companies saw average share price appreciation of 25.4% during the year following a stock split announcement, according to Bank of America. We can apply… Article Source https://www.fool.com/investing/2024/10/02/broadcom-stock-split-ai-stock-will-do-this-next/
Oracle’s stock saw a significant increase of 20.5% in June 2024, as reported by S&P Global Market Intelligence. While the company posted mixed results for the fourth quarter, investors were more interested in the news that Oracle’s Cloud Infrastructure Platform (OCI) had secured a major customer in the artificial intelligence field. In the fourth quarter … Read more
In June 2024, Oracle’s stock rose by 20.5%, driven by the company’s strong performance in the fourth quarter. Despite mixed earnings results, Oracle’s partnership with OpenAI and the growth of its Oracle Cloud Infrastructure (OCI) platform captured investors’ attention. CEO Safra Katz highlighted the significance of OCI in helping to propel the company’s AI initiatives, … Read more
In June, Oracle’s shares experienced a significant increase of 20.5%. This surge in stock value can be attributed to a number of factors, including positive earnings reports, strong financial performance, and increased investor confidence in the company. Additionally, Oracle’s continued focus on innovation and growth in key business areas, such as cloud computing and data … Read more
Oracle’s stock saw a significant increase of 20.5% in June 2024, according to data from S&P Global Market Intelligence. The boost came after the company posted mixed fourth-quarter results on June 11. While Oracle reported non-GAAP earnings per share of $1.63 on sales of $14.3 billion, slightly below analyst expectations, the announcement also included news … Read more
In June, major companies such as Huawei and Intel were involved in selling patents in various transactions. The deals included bankruptcies, purchases, sales of business units, and product collaborations within the companies. While some of these transactions could pose a risk of Non-Practicing Entity (NPE) litigation, others were part of regular business activities. The sales … Read more
In June, Cisco made headlines with discussions of layoffs and merger rumors. The tech giant was also featured in the MSP 501 list by Channel Futures, highlighting its position in the Managed Service Provider market. Cisco’s future plans and restructuring efforts were subjects of interest and speculation within the industry. The company’s overall performance and … Read more
Semiconductor specialist Broadcom has experienced a surge in revenue and profit, driven by the growing adoption of artificial intelligence (AI). The company reported a 43% year-over-year revenue increase, with AI-related revenue growing by 280% to comprise 25% of total revenue. Additionally, Broadcom announced a 10 for 1 stock split to make ownership more accessible to … Read more
Broadcom (NASDAQ:AVGO) experienced a surge in food prices last month, with a sharp 21% increase in June, as reported by S&P Global Market Intelligence. Despite this inflationary pressure on consumers, the semiconductor company delivered strong financial results that pleased investors. In early June, Broadcom announced its fiscal second quarter results, ending on May 5, which … Read more