Nvidia’s stronger-than-expected revenue forecast announced after the market closed on Wednesday resulted in a 3.5% increase in the company’s shares. This positive news also led to gains in other chip and technology stocks, with Advanced Micro Devices rising 1.2% and Broadcom rising 0.8% in after-hours trading. Investors and analysts were relieved by Nvidia’s performance, with … Read more
Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Hewlett Packard Enterprise shares by 8.7% in the fourth quarter, according to a recent disclosure with the Securities and Exchange Commission. The company now owns 1,360,638 shares of the technology company worth $23,185,000 at the end of the quarter. Additionally, several other large investors have … Read more
BuzzFeed shares saw a significant increase of up to 83% in early trading on Wednesday following the news that Vivek Ramaswamy, a former Republican presidential candidate, had acquired a 7.7% stake in the company. Ramaswamy plans to engage with the board of directors to discuss potential operational and strategic changes to enhance shareholder value, as … Read more
Cisco Systems, Inc. Executive Vice President Deborah L. Stahlkopf recently sold 8,016 shares of the company’s stock at an average price of $48.24, totaling $386,691.84. This transaction was disclosed in a legal filing with the SEC. Following the sale, Stahlkopf now owns 180,705 shares valued at $8,717,209.20. Cisco Systems’ shares fell by 0.4%, opening at … Read more
Nvidia is set to release its first-quarter earnings for fiscal 2025, with a particular focus on the performance of its data center segment. The company, known for its AI technology, has seen significant growth in recent years, making it the third-largest company in the world by market capitalization. The company’s stock price has more than … Read more
Broadcom Inc. (AVGO) is experiencing a decline in trading on Friday following the announcement of its Accelerate Program, which is being distributed through exclusive agreements. This program is an expansion of Broadcom’s Global Cybersecurity Aggregator Program and aims to provide enhanced service levels for a wider range of Broadcom software solutions to customers worldwide. Under … Read more
Cisco’s Executive Vice President, Mark Stahlkopf, recently sold over $386,000 worth of stock in the company. Stahlkopf’s decision to sell a significant amount of stock raises questions about the future of Cisco and its performance in the market. Stahlkopf’s sale of stock could indicate several things, including his lack of confidence in the company’s performance … Read more
Nvidia stock reached a new record high on Tuesday as investors eagerly awaited the company’s upcoming earnings report. The stock closed at $954 per share, surpassing its previous peak of $950 set in March. Nvidia’s shares have surged by 98% this year, reflecting the high expectations surrounding the company, especially in the artificial intelligence sector. … Read more
IBM is planning to make its IBM Granite model series available worldwide later this year, in collaboration with Salesforce, Inc. The aim is to provide customers with more models for improved decision-making in AI CRM use cases. The Granite code models range from parameters 3B to 34B and are suitable for tasks such as code … Read more
IBM is looking to make its IBM Granite model series available globally later this year in partnership with Salesforce, Inc. The aim is to offer customers more models to enhance decision-making for AI CRM use cases. The Granite code models range from 3B to 34B parameters and cater to tasks like code generation and error … Read more