Nvidia is set to report its first-quarter results on May 22, with analysts expecting another quarter of impressive growth. Revenue is forecasted to increase by 243.3%, supporting a 418% increase in earnings per share to $5.65. This growth is primarily being driven by Nvidia’s data center segment, which is expected to see a 390% increase … Read more
Microsoft has announced plans to provide its cloud computing customers with AI chips developed by AMD to meet the high demand for high-performance computing (HPC). Additionally, Microsoft will showcase its new custom Cobalt 100 processors, which offer a 40% performance improvement over other ARM-designed competitors. The company also introduced the Copilot+ PC during an opening … Read more
In the ever-changing world of technology, one company that has stood out recently is Cisco Systems Inc. The tech giant recently released its third-quarter financial results, showcasing impressive growth despite some challenges. Cisco reported earnings of 83 cents per share, surpassing expectations and showing a 3.9% growth from the previous year. Additionally, the company’s revenues … Read more
Nvidia’s upcoming earnings report has traders on high alert for a potential significant change in the company’s stock price. Options markets in the US are indicating an expected 8.7% swing in Nvidia shares, which could equate to a market capitalization fluctuation of $200 billion. Despite this, the anticipated volatility is smaller than previous quarters, with … Read more
The tech industry is abuzz with the competition between Microsoft and Qualcomm over Windows machines powered by Qualcomm’s new Snapdragon chips. Major laptop manufacturers have recently announced new Arm-based models set to be released this summer, posing a challenge to Intel, the current PC chip leader. PCWorld’s Gordon Mah Ung discusses this battle in a … Read more
Oracle Corporation’s share price has shown substantial growth in the past five years, increasing by 134%. This positive trend has also been reflected in the recent 11% increase in the last three months. The company’s performance last week was lucrative for its investors, prompting a closer look at the fundamentals behind this growth. Analyzing Oracle’s … Read more
Nvidia Corp. is set to release its earnings report for FY2025 Q1, with investor focus primarily on the company’s performance in the AI sector. Gene Munster, Managing Partner of Deepwater Asset Management, shared his insights on what to expect from Nvidia’s upcoming report, which is scheduled to be released after the market closes on Wednesday. … Read more
NVIDIA Corporation is set to release its first quarter financial results after the markets close on Wednesday. Analysts are expecting the company to report first-quarter revenue of $24.60 billion, with earnings per share estimated at $5.58. Nvidia has a history of surpassing analysts’ revenue and earnings estimates in recent quarters. Nvidia’s guidance for first-quarter revenue … Read more
Investors often rely on recommendations from Wall Street analysts to guide their buying, selling, or holding decisions when it comes to stocks. The average brokerage recommendation (ABR) for Nutanix (NTNX) is currently 1.50, indicating a consensus between Strong Buy and Buy based on ratings from 14 brokerage firms. However, it’s important to consider the reliability … Read more
Cisco Systems Inc reported fiscal third-quarter results, surpassing Wall Street estimates despite a significant decline in revenue. The company attributed this decline to weak sales from consumers who were installing previously purchased equipment. Cisco anticipates completing these installations by the end of the fiscal year. Despite the revenue drop, Cisco’s shares rose by 8% during … Read more