Study Forecasts Financial Services Industry to Increase Hybrid Multicloud Adoption Threefold, Focusing on Data Security and AI Prioritization | News on NTNX Stock

Study Forecasts Financial Services Industry to Increase Hybrid Multicloud Adoption Threefold, Focusing on Data Security and AI Prioritization | News on NTNX Stock

Nutanix has conducted its sixth annual Financial Services Enterprise Cloud Index (ECI) survey, showcasing upcoming trends in the financial services and insurance industry. The key takeaway is a projected threefold increase in hybrid multicloud adoption over the next three years, driven by the need for improved data security, ransomware protection, and the integration of AI … Read more

Nvidia reports a remarkable threefold increase in sales in latest earnings report, CEO Jensen Huang emphasizes ongoing momentum

Nvidia reports a remarkable threefold increase in sales in latest earnings report, CEO Jensen Huang emphasizes ongoing momentum

Nvidia’s latest earnings report exceeded expectations, with revenue increasing by 262% compared to the previous year. This performance sent the company’s share price soaring to an all-time high of $1,017 after the market closed. The surge in revenue was primarily driven by the high demand for AI technology. Nvidia also announced a 10-to-1 stock split, … Read more