Nutanix (NTNX) is expected to announce quarterly earnings of $0.17 per share, a 325% increase from the previous year. Analysts are predicting revenue of $516.13 million, up 15.1% year over year. Analysts have not changed the consensus EPS estimate for the quarter in the last 30 days, indicating a stable assessment of the company’s performance. … Read more
NVIDIA stock (NASDAQ: NVDA) has shown impressive growth in demand for its data center products driving AI applications, leading Rosenblatt analyst Hans Mosesmann to recommend investors buy the stock. The company’s $1,400 price target for NVIDIA stock remains one of the highest on Wall Street, representing a 34% gain even after a rise following its … Read more
In this content, the author provides a Friday recap of the latest tech, channel, and MSP news. Highlights include Rimini Street offering support for VMware customers, High Wire Networks reporting revenue growth, Pax8 partnering with Perception Point for advanced threat prevention solutions, N-able collaborating with MSPAlliance to help MSPs meet compliance requirements, TD Synnex launching … Read more
Nutanix (NTNX) is expected to announce quarterly earnings of $0.17 per share, a 325% increase compared to the previous year. Analysts predict revenue of $516.13 million, up 15.1% year over year. Analysts have not changed their consensus EPS estimate in the last 30 days, indicating a solid confidence in their initial assessments. It is crucial … Read more
The CNBC Investing Club with Jim Cramer provides a daily afternoon update called Homestretch for its members, just in time for the final hour of trading on Wall Street. The update includes insights and analysis on the day’s market movements and potential investment opportunities. During a recent trading session, Nvidia’s stock surged by 10% following … Read more
Nvidia, once the dominant player in the artificial intelligence (AI) chip market, is now facing stiff competition from other companies such as Advanced Micro Devices (AMD) and Micron Technology. While Nvidia has seen tremendous success with its GPUs for data centers, analysts are bullish on both AMD and Micron for their growing role in the … Read more
According to a Wall Street analyst, Microsoft’s stock (MSFT) has seen success due to its focus on artificial intelligence (AI). The company has integrated Generative AI tools into its products and services, positioning itself as a leader in the industry. Despite already being the most valuable company in the world, there is belief among investors … Read more
Nvidia exceeded expectations on Wall Street with a significant increase in profits driven by its leadership in chip manufacturing for the artificial intelligence sector. The company reported a sevenfold increase in net income, reaching $14.88 billion in the first quarter of 2021, compared to $2.04 billion the previous year. Revenue also more than tripled, rising … Read more
Wall Street is showing increased concern about the cloud revenue figures of Big Tech companies such as Amazon, Google, and Microsoft. There are worries that the growth in revenue is being artificially inflated by extensive investments in AI startups and related projects, leading to what is known as “round trip income.” “Round-trip” income occurs when … Read more
Nvidia, a leading chipmaker, is set to report its quarterly results, with analysts predicting strong earnings of $5.59 per share on $24.65 billion in revenue. The company’s performance will be closely watched by Wall Street, especially regarding the demand for its artificial intelligence chips. Nvidia has been surprising analysts with strong demand for its products, … Read more