On a recent trading day, the Dow Jones Industrial Average experienced a decline of 160 points. This drop can be attributed in part to losses in the stock prices of companies such as Cisco and Walt Disney. Cisco, a leading provider of networking hardware and software, saw its stock price decrease, impacting the overall performance … Read more
Microsoft recently released its Digital Defense Report for 2023, providing key insights into the current landscape of cybersecurity threats and trends. The report offers valuable information for organizations looking to bolster their defenses against cyber attacks. Here are 10 essential takeaways from the report: 1. Rise of Nation-State Cyber Threats: The report highlights the growing … Read more
Lululemon stock (lulu) jumped around 4% on Thursday following the company’s announcement of an increase in its full-year earnings outlook and a $1 billion expansion of its share buyback program. The company revealed on Wednesday that it now anticipates full-year earnings per share to be between $14.27 and $14.47, a slight adjustment from the previous … Read more
Microsoft has initiated layoffs in its Azure cloud division, impacting hundreds of employees in various teams such as Azure for Operators, Mission Engineering, and the mixed reality division. There have been reports of up to 1,500 job cuts in the Azure for Operators team, although this number has not been officially confirmed. The Mission Engineering … Read more
The global Cloud Analytics Market is expected to experience significant growth over the next few years, expanding from $35.7 billion in 2024 to $118.5 billion in 2029 at a CAGR of 27.1%. Cloud analytics involves utilizing business intelligence or data analysis within a cloud environment, eliminating the need for local data storage and computing infrastructure. … Read more
Nutanix, a hybrid cloud-computing expert, reported strong third-quarter earnings beating Wall Street’s expectations. However, the stock price took a hit after the company’s fourth-quarter revenue guidance fell short of projections. Despite a 17% increase in sales year over year and an impressive jump in adjusted earnings per share, Nutanix’s revenue guidance for the next quarter … Read more
Semiconductor manufacturer Broadcom, Inc. has been focusing on the growth of its AI chip business, which is expected to make up about 20% of its revenue this year, with VMware contributing significantly as well. The company’s stock hit an all-time high in May after trending upward since the start of the year. Despite being one … Read more
Hewlett-Packard Enterprise Co (NYSE:HPE) is seeing record levels after reporting better-than-expected second quarter fiscal results and positive third quarter fiscal and annual forecasts. The demand for AI-optimized servers played a significant role in these results, leading to at least 10 analysts increasing their price targets for the stock. The stock has surged by 11.9% to … Read more
The Citrix iForum conference dedicated to Windows Terminal Services and Server-Based Computing just wrapped up, with a record attendance of over 3,000 people. Highlights included keynotes showcasing Wyse’s Blazer portal device and tools for Citrix MetaFrame 2.0. The exhibition hall featured vendors focused on internal terminal services, although some ran out of gifts early on. … Read more
The field of identity and access management (IAM) is currently experiencing significant changes, as outlined in a new Forrester trends report. This report discusses ten current IAM trends, with a particular focus on how artificial intelligence (AI) is shaping IAM technologies to combat evolving identity threats. IAM originally emerged in the 1970s, initially using usernames … Read more