On August 28, 2024, Nutanix Inc (NTNX, Financial) released its 8-K filing detailing the financial results for its fourth quarter and fiscal year ended July 31, 2024. Nutanix Inc, a leader in hybrid multicloud computing, provides native hybrid cloud capabilities for businesses through its Enterprise Cloud Platform, which integrates web-scale engineering, consumer-grade design, virtualization, and … Read more
Nutanix (NTNX) Tops Q4 EPS by 14c, Beats on Revenue StreetInsider.com Article Source https://www.streetinsider.com/Earnings/Nutanix (NTNX) Tops Q4 EPS by 14c, Beats on Revenue/23658792.html
OneTrust, a leading privacy, security, and data governance platform, has announced the appointment of a new Chief Revenue Officer. The company has hired a VMware veteran for this key leadership role. OneTrust is known for providing a comprehensive suite of solutions to help organizations comply with regulations and protect sensitive data. The new CRO brings … Read more
The research report by Orbis Research in July 2024 focuses on providing insights and strategies for companies interested in entering the cloud management platform market, specifically targeting market research companies. The report addresses the challenges and opportunities in selling to this sector, utilizing in-depth research, expert opinions, and case studies to help companies develop effective … Read more
Broadcom’s stock price has fallen 12% following its strong fiscal first-quarter results, despite a boost in its AI revenue outlook for fiscal 2024. The company’s total revenue increased 34% in the first quarter, driven by the acquisition of VMware. The growth was primarily driven by the semiconductor solutions sector, with AI revenue quadrupling year-over-year to … Read more
Broadcom, a leading semiconductor company, has recently announced an increase in its revenue forecasts for AI chips. The company has seen a growing demand for these chips as AI technology continues to advance. The announcement of this increase in revenue forecasts has also coincided with news of a stock split for Broadcom. This news comes … Read more
The Alaska Department of Revenue recently decreased its investment in Hewlett Packard Enterprise (NYSE:HPE), a technology company known for its world of defense sector products. The decision to reduce its stake in the company was a strategic financial move by the Alaska Department of Revenue. This change in investment signals a shifting focus within the … Read more
Amazon Web Services, the cloud computing arm of Amazon, is a significant contributor to the company’s overall revenue, accounting for nearly 20 percent. This sector also generates about two-thirds of Amazon’s total profits. Islander.com reports on this important aspect of Amazon’s business and its impact on the company’s financial performance. Article Source https://www.islandernews.com/news/national/amazon-web-services-is-nearing-20-percent-of-the-giants-total-revenue-and-bringing-in/image_019752cf-c8c9-5df1-a35a-471ea8e35d40.html
Oracle Corp. faces financial repercussions due to a new law potentially banning TikTok in the U.S., as warned in a regulatory filing. The law signed by President Joe Biden could make it illegal to provide internet hosting services to TikTok without certain steps taken by the China-based owners. Oracle, which relies on TikTok as one … Read more
The Comprehensive Financial Services IT Solutions Market Report Analysis is currently available on Orbisresearch.com and plays a crucial role in providing insights for business decision-making. The report emphasizes the importance of market research in understanding target audience, competition, growth opportunities, and strategy development. The key components of the Financial Services IT Solutions market research include … Read more