Here’s what Super Micro’s struggles may mean for Nvidia and Dell MarketWatch Article Source https://www.marketwatch.com/story/heres-what-super-micros-struggles-may-mean-for-nvidia-and-dell-1290379e
Amid a turbulent week for the semiconductor sector, ASML Holding N.V. ASML faced a 3.9% decline in pre-market trading on Wednesday. This follows a significant 16.26% drop on Tuesday’s close, attributed to an accidental early release of its… Article Source https://www.benzinga.com/news/24/10/41352550/asml-struggles-in-wednesday-pre-market-as-nvidia-amd-and-other-peers-begin-recovery-from-chipmakers
On June 24, 2024, traders at the New York Stock Exchange experienced a boost in the Dow Jones Industrial Average by 260 points, fueled by a shift from technology to banking and energy stocks like Goldman Sachs and Chevron. Despite this, Nvidia shares took a dive, continuing a decline from the previous week. The S&P … Read more
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Nvidia’s sales are skyrocketing, leaving Wall Street struggling to keep pace with the rapid growth. The company’s impressive performance has caught the attention of analysts and investors alike, as they try to navigate the fast-changing landscape of the tech industry. Nvidia’s success can be attributed to a combination of factors, including strong demand for their … Read more
The S&P 500 and Nasdaq Composite retreated into the red on Thursday after reaching new intraday highs. The decline was caused by profit-taking in mega-cap technology and AI stocks, with Nvidia and Broadcom both falling. Danaher also experienced a rough day, falling more than 3% for the second time in five sessions. This drop was … Read more
Hewlett Packard Enterprise (HPE) has emerged as a leading supplier of traditional HPC simulation machines following acquisitions of SGI and Cray. While Dell continues to dominate in general-purpose services, HPE is rapidly catching up in AI servers but faces challenges in profitability. Dell reported a significant increase in AI server sales in the most recent … Read more
Oracle’s $28 billion acquisition of electronic health records company Cerner in December 2021 has encountered obstacles, according to a report by Bloomberg. Following the acquisition, Oracle has witnessed a loss of significant customers, prompting a shift in focus from creating innovative products to modernizing legacy systems. Engineers were reportedly caught off guard by the complexities … Read more
VMware Inc shares slid after hours Thursday despite a second-quarter earnings beat. The cloud computing company reported adjusted earnings of $1.83 per… Source link