Wells Fargo recently adjusted its Signature Picks stock portfolio by reducing its overweight position in Nvidia from 6.8% to 5%. This move was made for “risk-taking purposes” according to the bank. Signature Picks is a diverse portfolio of stocks that reflect the top investment ideas from Wells Fargo’s research department. Nvidia, a leading tech company, … Read more
This week, Oracle has entered the AI medical scribe race with a new tool that transcribes patient conversations and enters them into electronic medical records. The tool promises to reduce clicks and improve efficiency for doctors by eliminating the need for typing. The company has tested various language models like GPT-4 and Flame 2 to … Read more
Gateway Investment Advisers LLC recently announced that they have decreased their investment in International Business Machines Corporation (NYSE: IBM). This move comes amid a shifting landscape in the defense world, with companies reevaluating their positions in various sectors. IBM, a multinational technology and consulting corporation, has been a prominent player in the defense industry for … Read more
Keystone Wealth Services LLC reduced its position in Oracle Co. by 43.3% during the first quarter, selling 1,365 shares and owning 1,791 shares valued at $225,000. Other hedge funds also made changes to their positions in Oracle, with Nepsis Inc., Strategic Planning Group LLC, Financial Synergies Wealth Advisors Inc., Global Assets Advisory LLC, and Southland … Read more
Charles Schwab Trust Co decreased its holdings in Cisco Systems, Inc. by 59.1% in the first quarter, selling over 10,000 shares. The company now owns 7,403 shares worth $369,000. Other hedge funds like PGIM Custom Harvest LLC and Operose Advisors LLC also bought and sold Cisco shares. Additionally, analysts predict Cisco Systems will post 3.14 … Read more
Wellington Management Group LLP, a notable investment firm, has decided to decrease its ownership in International Business Machines Corporation (IBM) by selling off a portion of its stake in the company. This move comes amidst a fluctuating market environment and uncertainties within the defense industry. The decision to reduce its stake in IBM could be … Read more
Bangor Savings Bank reduced its holdings in Oracle Co. (NYSE: ORCL) by 37.6% in the first quarter, according to a recent filing with the SEC. The bank sold 886 shares, leaving them with 1,470 shares valued at $185,000. Other institutional investors such as Orion Capital Management LLC, Spartan Planning & Wealth Management, Tidemark LLC, Frank … Read more
Vanguard Group reduced its stake in Nutanix, Inc. in the 4th quarter, according to the company’s recent filing with the SEC. They sold about 57,952 shares, bringing their total ownership to 24,740,729 shares worth $1.18 billion. Other hedge funds also made moves with Nutanix, with various companies buying and selling shares. Nutanix’s stock traded up … Read more
Google unveiled the Pixel 8 and Pixel 7a, two smartphones featuring Android technology, in a striking coral red color at Mobile World Congress 2024 in Barcelona, Spain on March 25, 2024. Over the past months, Google has been consistently reducing prices on the Pixel 8 and Pixel 8 Pro, with their latest promotion offering a … Read more
Guinness Asset Management LTD reduced its stake in Cisco Systems, Inc. by 1.4% in the first quarter, according to a recent SEC filing. The company owned over 3.4 million shares of Cisco worth $173 million. Other institutional investors also made changes to their positions in CSCO. Analysts have given the stock various ratings, with an … Read more