Robust

Robust Intelligence partners with Nutanix AI to streamline the safety and security of AI applications

by
Robust Intelligence partners with Nutanix AI to streamline the safety and security of AI applications

Robust Intelligence, an AI application security company, has announced its partnership with the Nutanix partner program to offer businesses a secure solution for their AI transformation journey. By combining the Robust Intelligence platform with Nutanix’s GPT-in-a-Box, customers can create, validate, and protect generative AI applications with automated testing and customized guardrails. While the potential of … Read more

NVIDIA Corporation (NASDAQ:NVDA) holds 67% institutional ownership, highlighting robust support from investors.

by
NVIDIA Corporation (NASDAQ:NVDA) holds 67% institutional ownership, highlighting robust support from investors.

Institutions play a significant role in influencing NVIDIA Corporation’s stock price, holding a majority stake of 67% in the company. A total of 25 investors own 45% of the company, indicating a significant influence on its future. Institutional ownership is seen as a vote of confidence in the company’s prospects. The Vanguard Group, Inc. is … Read more

Investing.com reports HPE spikes 15% due to robust AI server sales boosting Q2 results

by
Investing.com reports HPE spikes 15% due to robust AI server sales boosting Q2 results

Shares of Hewlett Packard Enterprise (HPE) surged more than 15% in early U.S. trading after the company reported strong second-quarter earnings that surpassed expectations. The company posted earnings per share of $0.42, higher than the projected $0.39, while revenue came in at $7.2 billion, beating consensus estimates of $6.83 billion. One of the key drivers … Read more

Nutanix Inc (NTNX) Announces Strong Q2 Fiscal 2024 Results: 26% ARR Growth and Robust Free …

by
Nutanix Inc (NTNX) Announces Strong Q2 Fiscal 2024 Results: 26% ARR Growth and Robust Free …

Nutanix Inc (NASDAQ:NTNX) recently announced its financial results for the second quarter ended January 31, 2024, demonstrating strong growth and financial performance despite economic challenges. The company reported a 26% increase year-over-year in Annual Recurring Revenue (ARR), reaching $1.74 billion, and a 16% increase in revenue to $565.2 million. Nutanix also achieved GAAP operating income … Read more

Is IBM a more promising investment than Merck within the Dow Index due to its robust AI prospects?

by
Is IBM a more promising investment than Merck within the Dow Index due to its robust AI prospects?

A comparison between IBM and Merck shows that IBM may be a better investment option currently. Despite MRK stock outperforming IBM over the past three years, IBM is more profitable and has a higher operating margin. Merck has seen better revenue growth thanks to the success of Keytruda, while IBM’s growth is led by its … Read more

Alphabet (GOOGL) Thrives on Robust Google Services Division

by
Alphabet (GOOGL) Thrives on Robust Google Services Division

Alphabet’s stock has seen a 25.5% increase in value this year, outpacing industry growth due to strong performance in its services segment driven by Search, YouTube, Android, Pixel, and web apps. Revenue from Google’s services business increased by 13.6% in the first quarter of 2024 to $70.4 billion, making up 87.4% of total revenue. Google … Read more

Reuters: Oracle Forecasts Robust AI Demand to Drive Double-Digit Revenue Growth in Fiscal 2025

by

Oracle, a leading technology company, is anticipating a substantial increase in revenue by the year 2025. This optimistic outlook is fueled by the growing demand for Artificial Intelligence (AI) technologies in various industries. In a recent report by Reuters, Oracle expressed confidence in achieving double-digit revenue growth over the next few years. The increasing reliance … Read more

Investing.com reports HPE soars 15% in Q2 as robust AI server sales drive impressive performance

by
Investing.com reports HPE spikes 15% due to robust AI server sales boosting Q2 results

Hewlett Packard Enterprise (NYSE: HPE) experienced a significant increase in its stock value of over 15% following the release of better-than-expected quarterly results. The company reported earnings per share of $0.42, surpassing projections of $0.39, and revenue of $7.2 billion, exceeding consensus estimates of $6.83 billion. One of the standout performances was in HPE’s AI … Read more

Hewlett Packard Enterprise Leaps on Robust Q2 Performance and AI Development

by
Hewlett Packard Enterprise Leaps on Robust Q2 Performance and AI Development

Hewlett Packard Enterprise (HPE) saw a 12% rise in its stock following its strong second-quarter results, surpassing investor expectations after missing the mark in the previous two quarters. The company reported an improvement in earnings per share and robust revenue growth, with particularly strong demand for AI servers. The third-quarter guidance showed promising results, with … Read more

HPE Stock Reaches All-Time High Due to Robust AI Server Sales

by
HPE Stock Reaches All-Time High Due to Robust AI Server Sales

Hewlett Packard Enterprise Co. saw its shares rise by 16% to hit a record high after reporting better-than-expected revenue in the fiscal second quarter, driven by strong sales of servers designed for artificial intelligence work. The company’s revenue in the period rose 3.3% to $7.2 billion, surpassing Wall Street’s projection of a 2% drop. Earnings … Read more