Nutanix, a leading cloud computing company, recently released weaker guidance for their upcoming fiscal quarter, leading to an 11% drop in their stock price. This news comes as a disappointment to investors who were expecting stronger performance from the company. Nutanix has been facing increased competition in the cloud computing market, which has put pressure … Read more
Investor Warren Buffett advises to remain cautious when others are overly optimistic and to capitalize on opportunities when others are hesitant. One method to gauge fear in a stock is by using the Relative Strength Index (RSI), with a reading below 30 indicating oversold conditions. On Friday, Nutanix Inc (NTNX) crossed into oversold territory with … Read more
Nutanix, Inc. (NASDAQ:NTNX) saw a drop in its stock price following a downgrade from Northland Capmk. Other research analysts have also recently issued reports on the company, with varying price targets and ratings. Insider trading has also been reported, with CEO Rajiv Ramaswami and COO David Sangster selling significant amounts of shares. Institutional investors have … Read more
Small and mid-cap growth stocks are experiencing high expectations that may lead to disappointments this earnings quarter, as seen with Nutanix, a company specializing in hybrid and private cloud deployments. Despite strong fiscal Q3 results, a weak Q4 outlook caused the stock to drop more than 25%, bringing the YTD gains to 20%. Nutanix has … Read more
Investors in Nutanix, Inc. NTNX need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 21, 2024 $17.50 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is … Read more
Broadcom Inc. (NASDAQ: AVGO) saw its shares rise 3.2% on Wednesday, reaching a high of $1,384.98 before closing at $1,373.82. The trading volume was lower than average, with 659,272 shares changing hands compared to the daily average of 2,775,002 shares. The stock had closed at $1,330.82 the previous day. Several analysts have provided ratings and … Read more
The S&P 500 index has reached an all-time high point for the 24th time this year, setting impressive records in the stock market. However, the continuous success of the S&P 500 seems to be heavily dependent on the performance of a select group of tech stocks known as the “Magnificent 7”. These seven tech companies … Read more
Nvidia recently became the eighth company this year to announce a forward stock split. Although stock splits do not impact a company’s market value, they historically have a bullish effect. Bank of America analysis suggests that stock splits can result in an average one-year return of 25%, compared to around 12% for the broader market. … Read more
As support for Windows 10 is set to end in October 2025, Microsoft is encouraging users to upgrade to Windows 11, citing various new and improved features in the newer operating system. These features include a modernized user interface, recommendations in File Explorer and Start, enhanced security with passcode support, Smart App Control, better external … Read more
International Business Machines Corporation, commonly known as IBM, is a technology giant based in New York with a rich history of over a century. The company, with a market capitalization of $157 billion, generates revenue primarily from software and consulting services. IBM’s portfolio includes offerings in cybersecurity, artificial intelligence (AI), and data analytics, all supported … Read more