Asian stocks showed mixed performance on Wednesday, with U.S. benchmark indices hitting new records despite signs of a potential slowdown in the U.S. economy. The Nikkei 225 in Tokyo rose 0.2%, driven by strong trade data for May. Hong Kong’s Hang Seng gained 2%, while the Shanghai Composite Index fell 0.3% following announcements to improve … Read more
Nutanix is expected to release its next quarterly earnings report, with analysts predicting earnings of $0.17 per share, representing a 325% increase from the previous year. Revenue is forecasted to be $516.13 million, up 15.1% year-over-year. Analysts’ consensus estimates for the quarter have remained unchanged over the past 30 days, indicating stability in their predictions. … Read more
Nutanix is expected to report earnings of $0.17 per share, a significant increase of 325% from the previous year, with analysts predicting revenue of $516.13 million, a 15.1% increase year over year. Despite remaining unchanged over the last 30 days, the consensus EPS estimate for the quarter is an important factor to consider before the … Read more
Nvidia Corp. is poised to release its first-quarter earnings report, sparking anticipation among investors and analysts. Expectations are high for the company to meet or exceed previous performance metrics. Analysts are closely watching key numbers such as revenue, non-GAAP EPS, and non-GAAP gross margin. The impending launch of Nvidia’s new flagship GPU platform poses a … Read more
Asian investors were struggling to maintain a recent rally across markets as they awaited the earnings release of U.S. technology company Nvidia. Despite the S&P 500 and Nasdaq hitting record highs and the Federal Reserve’s May policy minutes providing some insight into interest rates, there were few catalysts to drive buying. The uplift in stocks … Read more
Nvidia is set to release its earnings report on Wednesday, with options markets predicting an 8.7% swing in the stock price by Friday. This could result in a $200 billion change in Nvidia’s market capitalization, making it the third-largest company on Wall Street after Microsoft and Apple. The company’s impressive profits this year have been … Read more
Wall Street analysts are cautiously optimistic about Cisco Systems’ prospects for 2024, despite predictions that the company will underperform compared to its peers and the broader market. Cisco Systems, a technology company, is facing challenges that may impact its performance in the upcoming year. Analysts are closely monitoring the situation and advising investors to proceed … Read more