Investors who have missed out on investing in Broadcom (NASDAQ:AVGO) may be feeling some regret as the stock price has almost quadrupled since October 2022. With the company’s shares up over 50% this year, there is a potential catalyst on the horizon. Broadcom is set to undergo a 10-for-1 stock split after the market closes … Read more
Broadcom, a company known for offering network chips and designing custom chips for AI applications, has been making waves in the financial news recently. Despite the buzz around an upcoming stock split, investors are advised to focus on the company’s fundamentals rather than trying to outsmart the market. The CEO of Broadcom has attributed the … Read more
Broadcom’s stock split is approaching on July 12, and some investors may be wondering if they should act quickly. The semiconductor and software company’s stock price has nearly quadrupled since October 2022, with shares up over 50% so far this year. The company announced plans for a 10-for-1 stock split in its June quarterly report, … Read more
Broadcom’s stock has surged by about 20% this week following the release of its fiscal 2024 second-quarter results. The company’s shares have gained over 50% so far this year, driven by the rise of artificial intelligence (AI) and its acquisition of VMware. Broadcom is benefiting from the increasing spending on AI-related products, such as data … Read more
Be sure to consult with your financial advisor before making any investment decisions, especially in a high-valuation stock like Amazon. Despite the risks, analysts remain bullish on AMZN stock, suggesting a potential upside in the coming quarters. It is crucial to consider all factors, including valuation concerns, before making any investment decisions. Article Source https://www.tipranks.com/news/amazon-stock-nasdaqamzn-3-bullish-signals-and-1-bearish-before-q2
Amazon has secured a $2 billion contract with the Australian Signals Authority to build a top-secret cloud for secure data storage of military intelligence in Australia. The agreement will enhance national security and defense capabilities and is expected to create over 2,000 jobs. The project aims to strengthen Australia’s intelligence and cyber defense, aligning with … Read more
Oracle’s decision to shut down its advertising business marks a significant moment in the industry’s ongoing transformation. Despite multiple acquisitions, Oracle failed to create a competitive cloud marketing stack, leading to the demise of Oracle Advertising. Some key challenges faced by Oracle included its reliance on third-party cookies without proper consent, the loss of data-sharing … Read more
Nutanix recently reported third-quarter fiscal 2024 earnings that exceeded expectations, with non-GAAP earnings of 28 cents per share and revenues rising to $524.6 million. The company’s top line growth was driven by increased demand for its hyper-converged infrastructure software and hybrid multi-cloud solutions. During the quarter, Nutanix added 490 customers, totaling 25,860 clients. The company’s … Read more
In June, Nvidia’s stock rose despite a split earlier in the month. However, sentiment towards the company has turned bearish recently due to concerns about the fully priced growth being factored into the stock and insider trading issues. Market technicians are also predicting a potential market correction, leading investors to consider reducing exposure to Nvidia … Read more
In the latest trading session, IBM (IBM) closed at $175.01, up 1.48% from the previous day. This increase was higher than the S&P 500’s 0.31% loss. The Dow Jones gained 0.67%, while the Nasdaq fell by 1.09%. IBM stock has seen a 0.92% increase in the past month, which is lower than the Computer & … Read more