Syon Capital LLC recently acquired a new position in International Business Machines Co. (IBM) in the fourth quarter, adding to an increasing trend of institutional investors buying and selling shares of the company. Other firms such as Naples Money Management LLC, Stone House Investment Management LLC, and Financial Gravity Asset Management Inc. have also increased … Read more
Investment firm TCW Group Inc. acquired a new stake in Hewlett Packard Enterprise (HPE) during the fourth quarter, purchasing 20,277 shares of the technology company’s stock valued at approximately $348,000. Other institutional investors also made changes to their holdings of HPE, with Nomura Asset Management Co. Ltd., Corient Private Wealth LLC, NBC Securities Inc., Ieq … Read more
In a recent development, HCL Technologies has acquired Communications Technology Group (CTG), a division of Hewlett Packard Enterprise (HPE), for 225 million dollars. This strategic move aims to enhance HCLTech’s presence in the telecommunications sector by acquiring talent in intellectual property, engineering, research and development, and relationships with prominent communication service providers (CSPs). As part … Read more
Google is conducting a trial of a new advertising approach in its Search platform, using AI to assist consumers in making complex purchasing decisions. This experiment aims to leverage Google’s AI capabilities to provide personalized advice and recommendations based on user-specific needs and context. The goal is to enhance the ad experience and guide users … Read more
Ark Invest, led by Cathie Wood, made significant trades on Monday, including purchasing shares of Shopify Inc. (SHOP) and Advanced Microdevices Inc. (AMD). Ark Invest’s Ark Fintech Innovation ETF acquired 34,060 shares of Shopify, valued at approximately $2 million, after the company released its first-quarter earnings report. Despite Shopify reporting a loss of $273 million, … Read more
Foundations Investment Advisors LLC purchased a new position in shares of VMware, Inc. (NYSE:VMW – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 2,125 shares of the virtualization software provider’s stock, valued at approximately $305,000. Several other institutional investors have also recently … Read more
Federated Hermes Inc., an investment management company, recently acquired a new position in VMware, Inc. during the first quarter of this year. According to their Form 13F filing with the Securities & Exchange Commission (SEC), Federated Hermes Inc. purchased 1,970 shares of VMware’s stock, amounting to a total value of approximately $246,000. VMware is a … Read more