Microsoft is undergoing another round of layoffs, this time reportedly cutting over 1,000 jobs in its Azure for Carriers unit. This move comes after the company eliminated more than 10,000 positions last year. The layoffs are being attributed to a shift in focus towards artificial intelligence (AI). A Microsoft spokesperson confirmed the layoffs and stated … Read more
US watchdogs are gearing up for an antitrust investigation into the dominance of big tech companies in the AI industry. Companies under scrutiny include Microsoft, Nvidia, and OpenAI. The investigations will be divided between the US Justice Department and the Federal Trade Commission. The Justice Department will lead the investigation into Nvidia, which currently controls … Read more
Hewlett Packard Enterprise’s price target has been raised by Sanford C. Bernstein analysts from $17.00 to $19.00, indicating a potential decline of 2.49%. Other brokerage firms have also adjusted their price targets, with some giving the company a “hold” or “equal weight” rating. The stock has seen positive performance, with a rise to $19.49 during … Read more
BleepingComputer recently reported on a series of attacks using a Linux variant of the TargetCompany ransomware, which is also known as FARGO, Mallox, and Tohnichi. These attacks specifically targeted VMware ESXi environments and were carried out by the ransomware affiliate “Vampire,” who is also suspected of targeting vulnerable Microsoft SQL servers. The attackers used a … Read more
Nutanix (NTNX) received a price target increase from Needham & Company LLC, rising from $72.00 to $80.00 and maintaining a buy rating on the stock. Other analysts, including Morgan Stanley and Bank of America, have also raised their price targets for Nutanix. The company’s stock performance has been positive, with an average rating of Moderate … Read more
Nutanix (NASDAQ: NTNX) recently had its target price decreased by Barclays from $81.00 to $80.00 with an overweight rating on the stock. Other research reports have also been issued by different analysts, with varying target prices and ratings. The stock currently has an average rating of Moderate Buy and an average price target of $72.77. … Read more
KeyBanc, a prominent financial firm, recently increased its price target on Nutanix to $79 from $69. They also maintained an Overweight rating on the company’s shares following a strong Q3 performance and a positive outlook for Q4. The report highlighted a decrease in new and expansion business, which was attributed to a rise in larger … Read more
One of the top defensive targets for the 2027 recruiting class is set to attend Florida State University’s Elite Camp in June. This highly-rated player will have the opportunity to showcase their skills and potentially catch the eye of college recruiters and coaches. This event is a crucial opportunity for young athletes to make a … Read more
At the recent Nvidia GTC conference, industry experts discussed the potential impact on Nvidia stock. The conference featured key speakers who provided insights into the future of the company and its stock performance. Nvidia is a leading technology company known for its innovative products in the graphics processing unit (GPU) market. Analysts and investors are … Read more
JPMorgan has increased its price target for Nutanix stock, attributing the change to the company’s strong demand environment. The financial institution sees potential for growth in the stock due to high demand for Nutanix’s products and services. This positive outlook has led JPMorgan to raise its price target for Nutanix shares. In a recent report, … Read more