NVIDIA is a highly volatile stock that experiences extreme ups and downs, as shown in the chart. The stock split earlier this month did not reduce its volatility. Analysts have raised earnings forecasts, but the stock is considered a little expensive with a high P/E ratio. Despite strong earnings, the stock may be overvalued, which … Read more
Ansys has teamed up with Intel to develop thermal management technology for the Intel 18A silicon process, which will be crucial for supporting high-performance computing, graphics, and AI products for US national security applications. The collaboration involves Ansys joining the Intel Foundry Accelerator US Military, Aerospace, and Government Alliance (USMAG) to provide secure design flows … Read more
Nvidia stock has continued its downward trend, falling further into correction territory. The popular tech company’s shares have been experiencing a steep decline, with analysts pointing to concerns about the global chip shortage and potential regulatory challenges as key drivers of the sell-off. The stock’s recent performance has led to increased volatility and uncertainty among … Read more
Oracle Corporation’s chief corporate architect, Edward Screven, recently sold a significant amount of stock in the company, according to a recent filing with the Securities and Exchange Commission. The shares were sold at various prices, totaling over $34 million. Despite the sales, Screven still holds millions of shares in Oracle, both directly and indirectly through … Read more
A recent report from MercadoBeat revealed that a director at Broadcom Inc. (NASDAQ:AVGO) has sold 254 shares of the company’s stock. This insider selling activity is noteworthy as it may indicate how company insiders view the future performance of the stock. Insider selling can sometimes be a red flag for investors, as it suggests that … Read more
Nvidia, once the world’s most valuable company, has lost over $500 billion in market value in recent days, with shares falling nearly 7% on Monday. Despite surpassing Microsoft and Apple in value, the tech giant has fallen to third place. Concerns about Nvidia’s impact on the S&P 500 have grown, with some analysts warning of … Read more
Lloyd Advisory Services LLC recently acquired 27,395 shares of Intel Co. stock during the first quarter, totaling approximately $1.21 million. Other institutional investors and hedge funds also made purchases of INTC shares, with AdvisorNet Financial Inc, CHICAGO TRUST Co NA, Ballentine Partners LLC, Walker Financial Services Inc, and Security Financial Services INC all increasing their … Read more
Ballentine Partners LLC has increased its holdings in International Business Machines Co. by 10.6% in the first quarter, according to its recent SEC filing. The fund now owns 14,367 shares of IBM worth $2,744,000. Other institutional investors and hedge funds have also modified their holdings of IBM, including Naples Money Management LLC, Creekmur Asset Management … Read more
stock market opened today with the Dow Jones Industrial Average rising, while the S&P 500 remained stable. However, shares of Nvidia experienced a decline. The Dow Jones and the S&P 500 are two major stock market indexes that measure the performance of the stock market as a whole. Investors are closely monitoring the stock market … Read more
Rajiv Ramaswami, President and CEO of Nutanix Inc (NASDAQ:NTNX), recently sold 23,932 shares in the company on March 18, 2024, at an average price of $63.05 per share, totaling $1,509,226.60. Nutanix specializes in cloud computing, providing an integrated enterprise cloud platform that simplifies datacenter operations. Over the past year, Ramaswami has sold a total of … Read more