Summary: U.S. stock index futures showed little movement on Monday afternoon as buying momentum in technology stocks paused. The Nasdaq was expected to reach historical highs with the upcoming earnings report from Nvidia. Concerns about interest rates and inflation persisted, with Federal Reserve officials highlighting the need for confidence in inflation data before considering rate … Read more
Industry Veteran and Scale Computing Board Member and Advisor, Don Aquilano, Joins the Company as Chief Administrative Officer as Company Sees Explosive Growth INDIANAPOLIS, April 15, 2024 /PRNewswire/ — Scale Computing, a market leader in edge computing, virtualization, and hyperconverged solutions, today announced record revenue for the first quarter of 2024, increasing sales by 35 percent … Read more
Industry Veteran and Scale Computing Board Member and Advisor, Don Aquilano, Joins the Company as Chief Administrative Officer as Company Sees Explosive Growth INDIANAPOLIS, April 15, 2024 /PRNewswire/ — Scale Computing, a market leader in edge computing, virtualization, and hyperconverged solutions, today announced record revenue for the first quarter of 2024, increasing sales by 35 percent … Read more
Nutanix, a company that provides “hyperconverged” compute, storage, virtualisation, and networking, reported a record quarter – amid reports of extreme inflation for VMware customers when it comes to contract renewals. (Nutanix goes head-to-head with VMware across its offering.) The San Jose-headquartered firm reported record quarterly revenue of $565 million late Wednesday (February 28). ARR rose … Read more
In 2023, Broadcom shares doubled in price. So far in 2024, the stock is up 10%. (Photo Illustration … [+] by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Shares of Broadcom (AVGO) this week hit a new record high of $1,284 as investors applaud the chipmaker’s more diversified revenue stream following … Read more
© Reuters. Broadcom Inc. (NASDAQ:) has announced its financial results for the fourth quarter and the fiscal year 2023, showcasing strong growth and strategic advancements. The company reported a 4% year-on-year increase in Q4 consolidated net revenue, reaching $9.3 billion. For the fiscal year, consolidated revenue hit a record $35.8 billion, marking an 8% rise … Read more
© Reuters. Broadcom Inc. (NASDAQ:) has announced its financial results for the fourth quarter and the fiscal year 2023, showcasing strong growth and strategic advancements. The company reported a 4% year-on-year increase in Q4 consolidated net revenue, reaching $9.3 billion. For the fiscal year, consolidated revenue hit a record $35.8 billion, marking an 8% rise … Read more
Every day, we handpick the 5 Top Stories stock market investors need to know. In 5 minutes, you’ll learn the stocks, CEOs, and money managers moving markets. Regulators Tighten Grip on AI US President Joe Biden unveiled a new executive order on Monday aimed at increasing oversight and regulation of artificial intelligence (AI). The new … Read more
Every day, we handpick the 5 Top Stories stock market investors need to know. In 5 minutes, you’ll learn the stocks, CEOs, and money managers moving markets. Regulators Tighten Grip on AI US President Joe Biden unveiled a new executive order on Monday aimed at increasing oversight and regulation of artificial intelligence (AI). The new … Read more