Capital World Investors Reduces Stake in Broadcom Inc.

Capital World Investors Reduces Stake in Broadcom Inc.

Overview of the Transaction On September 30, 2024, Capital World Investors (Trades, Portfolio) executed a significant transaction by reducing their holdings in Broadcom Inc. (AVGO, Financial). The firm sold 11,066,325 shares at a price of $172.50… Article Source https://www.gurufocus.com/news/2601073/capital-world-investors-reduces-stake-in-broadcom-inc

NVIDIA’s DLSS 3.8.10 Package Reduces Preset Modes To Just Two Profiles, Drastically Reducing DLL File Size

NVIDIA’s DLSS 3.8.10 Package Reduces Preset Modes To Just Two Profiles, Drastically Reducing DLL File Size

NVIDIA’s newest DLSS 3.8.10 package has reportedly trimmed down the number of preset profiles, all the way from four different profiles to just two now. NVIDIA’s Latest DLSS 3.8.10 Update Focuses On Providing Optimal Preset… Article Source https://wccftech.com/nvidia-dlss-3-8-10-package-reduces-preset-modes-drastically-reducing-dll-file-size/

Vodafone Idea expands IT outsourcing, reduces IBM dependency – Outsource Accelerator

Vodafone Idea expands IT outsourcing, reduces IBM dependency – Outsource Accelerator

GANDHINAGAR, INDIA — Vodafone Idea is poised to finalize its new IT outsourcing agreements this month, marking a significant strategic shift from its previous reliance on IBM.  The Indian telecommunications company is engaging a broader array… Article Source https://news.outsourceaccelerator.com/vodafone-idea-expands-it-outsourcing/

Handelsinvest Investment Management reduces its position in Nutanix, Inc. (NASDAQ:NTNX)

Handelsinvest Investment Management reduces its position in Nutanix, Inc. (NASDAQ:NTNX)

Handelsinvest Investeringsforvaltning reduced its holdings in Nutanix, Inc. by 34.2% in the first quarter, owning 5,343 shares worth $330,000. Other investors also adjusted their positions, with Generation Investment Management, FIL Ltd, Norges Bank, Jericho Capital Asset Management, and Charles Schwab Investment Management making changes. Nutanix stock performance shows fluctuations in its value, with a recent … Read more

Intel Stock Surges to 3-Month Peak as Underrated AI Company Reduces Losses – MSN

Intel’s stock has surged to a three-month high as investors start to warm up to the company’s artificial intelligence (AI) business, which has been seen as “unloved” in the past. The chipmaker’s shares rose by 3% after announcing a new AI-driven partnership with the National Football League (NFL). The partnership will see Intel’s technology being … Read more

Van ECK Associates Corp reduces position in Oracle Co. (NYSE:ORCL) – MarketBeat

DekaBank Deutsche Girozentrale Reduces Stock Holdings in Hewlett Packard Enterprise (NYSE:HPE) – MarketBeat

Van ECK Associates Corp, a well-known investment management firm, has recently decreased its ownership stake in Oracle Co. (NYSE:ORCL). This decision comes amidst a rapidly changing market landscape. Oracle Co. is a global technology company known for its cloud computing services and software products. Van ECK Associates Corp’s move to reduce its stake in Oracle … Read more

Cornerstone Wealth Management LLC reduces stake in Intel Co. by selling 2,140 shares (NASDAQ: INTC)

Cornerstone Wealth Management LLC reduces stake in Intel Co. by selling 2,140 shares (NASDAQ: INTC)

In the first quarter, Cornerstone Wealth Management LLC decreased its stake in Intel Co. (NASDAQ: INTC) by 5.3%, selling 2,140 shares and leaving them with 38,544 shares of the chipmaker. Other major investors also made moves with INTC stock, including Barrett & Company Inc., Revolve Wealth Partners LLC, New Millennium Group LLC, Waldron Private Wealth … Read more

Tempus Wealth Planning LLC Reduces Stake in Intel Co. (NASDAQ:INTC) by Selling 415 Shares

Cornerstone Wealth Management LLC reduces stake in Intel Co. by selling 2,140 shares (NASDAQ: INTC)

Intel Co. had a decrease in stake by 4.5% in the first quarter from Tempus Wealth Planning LLC, as reported in its latest 13F filing with the Securities and Exchange Commission. The firm sold 415 shares, leaving them with 8,727 shares in the chipmaker valued at $385,000 at the end of the quarter. Other hedge … Read more

Broadcom streamlines VMware offerings, reduces portfolio to focus on 4 core products and slashes $1 billion in spending

Broadcom streamlines VMware offerings, reduces portfolio to focus on 4 core products and slashes  billion in spending

Broadcom has been working to expand VMware‘s portfolio since completing the $61 billion acquisition of the virtualization software company in November, according to Broadcom President and CEO Hock Tan. The company is transitioning VMware to a subscription licensing model and expects to reduce VMware‘s quarterly expenses by $1 billion. Enterprise customers have faced significant changes … Read more