Miracle Mile Advisors LLC increases stake in International Business Machines Co. (NYSE:IBM)

Miracle Mile Advisors LLC increases stake in International Business Machines Co. (NYSE:IBM)

Miracle Mile Advisors LLC recently increased its stake in International Business Machines Co. by 5.3% in the first quarter, owning 3,281 shares worth $627,000. Other hedge funds like Schonfeld Strategic Advisors LLC and Axxcess Wealth Management LLC have also acquired stakes in IBM. Analysts have provided various ratings for IBM stock, with price targets ranging … Read more

Leaked all-hands: Broadcom CEO tells employees living within 50 miles of an office to ‘get your butt in here’

Leaked all-hands: Broadcom CEO tells employees living within 50 miles of an office to ‘get your butt in here’

Broadcom CEO Hock Tan said in an all-hands that he expects employees living within 50 miles of an office to return to in-person work. Tan addressed employees at a meeting on Tuesday after Broadcom closed its $69 billion acquisition of VMware on November 22. One question submitted was: “What can you tell me about headquarters, … Read more