Nutanix, a player in the multi-cloud hybrid computing space, is experiencing rapid growth in India, surpassing its global projections for Annual Recurring Revenue (ARR) and cost effectiveness. CEO Rajiv Ramaswami shared in an interview that the company expects to grow its ARR by 20% by 2027 and increase cash flow generation to $700-900 million in … Read more
NVIDIA, a chipmaker heavily involved in the artificial intelligence industry, reported strong earnings for the quarter ended April 28. The company’s revenue increased by 18% compared to the previous quarter and an impressive 262% compared to the same period a year earlier, reaching $26 billion. This exceeded Wall Street expectations, with analyst estimates averaging $24.65 … Read more
Nvidia is set to announce its earnings after the market closes tonight. The week has been relatively quiet so far, with the S&P 500 and Nasdaq Composite reaching all-time highs. Investors are eagerly awaiting Nvidia’s results, as the company plays a key role in the growing field of artificial intelligence (AI). Analysts expect Nvidia’s sales … Read more