On Friday, Citi reaffirmed its Neutral stance on HP (NYSE:) Enterprise (NYSE:HPE) shares, maintaining a price target of $20.00. The firm’s assessment follows a recent visit to HPE’s Wisconsin facility, which is instrumental in assembling and… Article Source https://www.investing.com/news/company-news/citi-sustains-neutral-rating-on-hpe-shares-sees-ai-potential-93CH-3660228
Investing.com — Goldman Sachs raised its price target for Nvidia (NASDAQ:) to $150 from $135 per share in a note Friday, reflecting an 11% potential upside. The investment bank said that in a recent investor meeting with Nvidia’s CEO Jensen… Article Source https://www.investing.com/news/stock-market-news/nvidia-goldman-sachs-lifts-target-sees-11-potential-upside-3659610
€25 Billion Windfall: Nutanix Study Highlights Energy Savings Potential in EMEA Edge Middle East Article Source https://www.edgemiddleeast.com/infrastructure/e25-billion-windfall-nutanix-study-highlights-energy-savings-potential-in-emea
The role of generative AI in revolutionizing the technology landscape and changing the nature of shadow resources powering applications is leading to discussions about a shift in the generative AI platform. AWS’s Matt Wood, Vice President of Artificial Intelligence Products, believes that the ability to construct mathematical formulas based on information resembles intelligence and reasoning, … Read more
Nvidia’s CEO, Jensen Huang, is concerned about the future of the company and does not want it to follow the same path as other fallen tech giants like Cisco and Sun Microsystems. Despite Nvidia’s success in producing GPUs for gaming systems, the company has faced challenges, including a failed attempt to develop software for self-driving … Read more
Amazon stock recently failed to break above the $200 mark, despite historical success during Prime Day in July and positive market trends. The company has seen success in cost-cutting measures, Amazon Web Services, and as a major player in advertising. However, with rising valuation and limited upside potential, investing in Amazon may not be ideal … Read more
The Open Network for Digital Commerce (ONDC) in India offers small local businesses the opportunity to compete with larger brands by integrating with IBM API Connect® to enhance their digital presence. This integration allows businesses to create, manage, and protect APIs, which act as digital bridges for different software systems to communicate. IBM API Connect … Read more
In the wake of Broadcom’s acquisition of VMware, significant changes have stirred controversy within the company. Alterations to licensing, distribution programs, and the partner program have caused confusion and chaos due to poor communication. VMware‘s recent blog post on new licensing policies spurred incorrect interpretations, particularly regarding the availability of key products such as vSphere … Read more
Elon Musk’s company, xAI, has recently concluded negotiations with Oracle for a potential $10 billion server deal, according to a report from The Information. This agreement is an expansion of their current partnership, where xAI has been renting AI chips from Nvidia through Oracle’s cloud services. Musk’s xAI is working on building a new system … 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