In the late 1990s, the dot-com bubble was fueled by Cisco’s stock price and internet networks. Cisco’s stock price rose exponentially before peaking and eventually plummeting, with a slow recovery over the next two decades. Now, Nvidia is at the forefront of the AI bubble, with its market capitalization surpassing even Europe’s main stock exchanges. … Read more
Nvidia experienced a 3.5% drop on Thursday, following a red-hot streak that temporarily made it the most valuable public company in the U.S. This drop led to the formation of a “bearish engulfing” pattern in the technical charts, indicating a potential reversal in the stock’s upward momentum. A bearish engulfing pattern occurs when a large … Read more
Alan Oberto Jiménez and Tobias Drees discuss the importance of the circuit breaker pattern in modern software systems that rely on remote calls to other services. This pattern helps detect and isolate faults, preventing cascading failures and improving system stability. They demonstrate how AWS Lambda Extensions can be used with Amazon DynamoDB to implement this … Read more
Oracle Financial Services has recently shown a breakout of a double bottom trend reversal pattern in the cash market, according to Money Control. The double bottom pattern is a bullish reversal pattern that signals a potential turnaround in the stock’s direction. This breakout is significant as it indicates a possible shift in the stock’s previous … Read more
Ransomware attacks targeting VMware ESXi infrastructure follow a set pattern, with threat actors gaining access through phishing attacks and known vulnerabilities, escalating privileges to compromise ESXi hosts or vCenter, and deploying ransomware. Organizations are advised to implement monitoring and logging, robust backup mechanisms, strong authentication measures, network restrictions, and hardening of the environment to mitigate … Read more
US stocks (^GSPC, ^DJI, ^IXIC) are currently in a holding pattern as investors anticipate Nvidia’s first-quarter earnings for fiscal 2025. Nvidia’s stock holds significant weight in the S&P 500, so any major changes in its price could have a large impact on the index. Investors are not only interested in the financial results but also … Read more