Nutanix, a cloud computing company, recently experienced an 11% decline in its shares following a soft outlook for future performance. Despite this setback, KeyBanc, a renowned financial services firm, reiterated its bullish views on the company. Nutanix’s stock price took a hit due to concerns about its projected revenue and earnings, leading to a decrease … Read more
Bell & Brown Wealth Advisors LLC recently disclosed a new position in Oracle Co. during the fourth quarter. The fund acquired 30,739 shares of the enterprise software provider, with an estimated value of $3,241,000. This purchase now represents about 1.5% of Bell & Brown Wealth Advisors LLC’s investment portfolio, making it the 23rd largest holding … Read more
Orion Portfolio Solutions LLC increased its stake in Intel Co. (NASDAQ: INTC) by 3.1% in the fourth quarter, according to their recent filing with the SEC. The fund now owns 98,320 shares of the chipmaker, valued at $4,764,000. Other hedge funds and institutional investors have also increased their holdings in INTC, with several purchasing additional … Read more
Investment firm TCW Group Inc. acquired a new stake in Hewlett Packard Enterprise (HPE) during the fourth quarter, purchasing 20,277 shares of the technology company’s stock valued at approximately $348,000. Other institutional investors also made changes to their holdings of HPE, with Nomura Asset Management Co. Ltd., Corient Private Wealth LLC, NBC Securities Inc., Ieq … Read more
Intech Investment Management LLC decreased its holdings in Intel Co. (NASDAQ: INTC) by 32.5% in the fourth quarter, according to a recent filing with the SEC. The institutional investor sold 52,094 shares, leaving them with 108,039 shares worth $5,429,000 at the end of the quarter. Various other hedge funds and institutional investors also made changes … Read more
This week, the technological and financial world saw several big news stories, from Elon Musk’s reaction to Nvidia’s growing market cap to the performance of Nvidia in the first quarter. Musk was amazed by Nvidia’s market capitalization surpassing the entire German stock market and the GDP of 96% of the countries in the world, commenting … Read more
As per a recent 13F filing with the SEC, Trexquant Investment LP has increased its stake in Intel Co. (NASDAQ: INTC) by 69.0% during the fourth quarter. The institutional investor now holds 71,126 shares of the chipmaker, valued at $3,574,000. Other institutional investors and hedge funds have also made changes to their positions in the … Read more
Artificial intelligence (AI) is rapidly transforming various markets. In recent years, AI has made significant advancements in industries such as healthcare, finance, and transportation. In healthcare, AI is being used to improve patient care, streamline operations, and enhance medical research. AI-powered tools and algorithms are assisting doctors in diagnosing diseases more accurately and efficiently. AI … Read more
Assetmark Inc. has increased its holdings in International Business Machines Co. by 25.1% in the fourth quarter, according to a recent Form 13F filing with the Securities and Exchange Commission. The company now owns 33,152 shares of IBM, valued at $5,422,000. Other institutional investors, such as Desjardins Global Asset Management Inc., Calamos Wealth Management LLC, … Read more
Dynamic Technology Lab Private Ltd recently acquired a new position in Intel Co., purchasing 9,975 shares valued at approximately $501,000. Other institutional investors and hedge funds have also been active, with various transactions involving Intel stock. CEO Patrick Gelsinger made several purchases of Intel stock, acquiring thousands of shares in recent transactions. Additionally, analysts have … Read more