Nutanix Shares Jump 14% After 4Q Beat, Strong Revenue Guidance MarketWatch Article Source https://www.marketwatch.com/story/nutanix-shares-jump-14-after-4q-beat-strong-revenue-guidance-58728ba9?mod\u003dnewsviewer_click
Nutanix shares surge 12% on strong earnings beat and outlook By Investing.com Investing.com South Africa Article Source https://za.investing.com/news/stock-market-news/nutanix-shares-surge-12-on-strong-earnings-beat-and-outlook-93CH-3308822
SAN JOSE, Calif. – Nutanix Inc . (NASDAQ:) shares soared 12.45% in after-hours trading on Wednesday after the hybrid multicloud computing company reported fiscal fourth-quarter results that exceeded analyst expectations and provided an upbeat outlook for fiscal 2025. The company posted adjusted earnings per share of $0.34, surpassing the consensus estimate of $0.20 by a … Read more
Broadcom (AVGO) shares experienced a boost in premarket trading on Thursday following a price target increase from Rosenblatt Securities. The tech company’s momentum in artificial intelligence was a key factor in the decision to raise the price target. Analyst Hans Mosesmann highlighted the growth in AI-related infrastructure networks and the application-specific integrated circuit business as … Read more
On a strong trading day, Broadcom Inc. saw its shares outperform its peers in the market. The company’s stock rose significantly, surpassing its competitors and attracting the attention of investors. This positive performance can be attributed to a variety of factors, including strong financials, successful product launches, and overall market sentiment. Broadcom Inc. has been … Read more
In a recent report, Jefferies analyst Brent Thill maintained a Buy rating and a price target of $150 for Oracle (ORCL) following news from The Information that Elon Musk’s xAI and Oracle had ceased discussions regarding a potential $10 billion AI server deal. Despite this development, Thill confirmed that the deal was not included in … Read more
The global market for digital twins in finance is expected to experience a significant growth rate of 34.79% between 2024-2030. HTF Market Intelligence provides valuable insights and statistics on the market structure and size, aiming to assist decision makers in making informed investment decisions. The report highlights key trends, emerging drivers, and challenges in the … Read more
Institutional investors hold a significant influence over Nutanix, Inc. (NASDAQ: NTNX), with 84% ownership in the company. This implies that the company’s share price is largely influenced by these institutions, who have a strong presence in its ownership structure. A total of 9 investors have a majority stake in Nutanix, with 50% ownership, indicating a … Read more
Jefferies has reaffirmed its buy rating on Oracle Corporation despite the halt in negotiations for a potential $10 billion deal with xAI. The analyst believes that Oracle’s strong performance will continue, driven by its robust sales pipeline and RPO growth. The company’s ability to meet its projected financial targets is seen as a key factor … Read more
Broadcom Inc. is set to undergo a 10-for-1 stock split on July 12, following in the footsteps of other recent stock splits by companies like Nvidia Corporation and Chipotle Mexican Grill. This move is aimed at making Broadcom’s stock more accessible to a wider range of investors, as it currently trades at over $1,700 and … Read more