The tech world has been abuzz since the launch of OpenAI’s ChatGPT in late 2022, with generative artificial intelligence (AI) gaining significant traction. Hardware giants like NVIDIA and Broadcom have seen a surge in demand for data center equipment to support this industry, leading to stock splits to accommodate smaller investors. NVIDIA, with its recent … Read more
Amazon has announced a significant €10 billion ($10.75 billion) investment in Germany to enhance its cloud infrastructure and logistics network. The majority of this investment, totaling €8.8 billion, will be focused on improving Amazon Web Services (AWS) cloud infrastructure by 2026. Specifically, Amazon plans to expand its AWS Europe (Frankfurt) region to meet the increasing … Read more
Cisco Systems (CSCO) has gained attention as one of the most sought-after stocks on Zacks.com. Analyzing events that could impact the stock’s performance in the short term is essential due to recent fluctuations in the market. In the past month, Cisco’s stock has seen a decrease of -3.1%, while the Zacks S&P 500 Composite has … Read more
Microsoft, with a market capitalization of $3 trillion, has seen impressive growth of around 1,154% over the last decade. The company’s strong performance, driven by cloud and AI technologies, as well as solid margins despite significant AI investments, make it a favorable investment option. Despite a conservative outlook for the fourth quarter revenue, Microsoft remains … Read more
Nutanix (NTNX) closed at $67.58, showing no change from the previous session, while the S&P 500 gained 0.17%. The Dow Jones increased by 0.32%, but the Nasdaq dropped by 0.03%. Shares of Nutanix increased by 5.18% in the past month, surpassing the Computer and Technology sector’s 0.39% gain and the S&P 500’s 0.17% gain. Investors … Read more