Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey Cardy | Sportsfile | Collision | Getty Images AI chipmaker Cerebras is trying to be the first major venture-backed tech… Article Source https://www.cnbc.com/2024/10/11/cerebras-ipo-has-too-much-hair-as-chipmaker-tries-to-take-on-nvidia.html
In this photo illustration, a Core Weave logo is displayed on a smartphone with stock market percentages on the background. Omar Marques | SOPA Images | Lightrocket | Getty Images CoreWeave, an Nvidia-backed artificial intelligence startup that… Article Source https://www.cnbc.com/2024/10/11/nvidia-backed-coreweave-picks-up-650-million-credit-line.html
Exclusive | Vista Builds a $5 Billion Cash Pile to Retain Software Maker The Wall Street Journal Article Source https://www.wsj.com/articles/vista-builds-a-5-billion-cash-pile-to-retain-software-maker-dc9ca04e
Warren Buffett’s Favorite Dividend Stock Is #1 No More. The Oracle Has a New Top Dog 24/7 Wall St. Article Source https://247wallst.com/investing/2024/10/10/warren-buffetts-favorite-dividend-stock-is-1-no-more-the-oracle-has-a-new-top-dog/
The company is expected to report accelerating earnings growth next year. Broadcom (AVGO -0.14%) is a leading semiconductor company benefiting from the growing demand for chips optimized for artificial intelligence (AI) workloads in data centers…. Article Source https://www.fool.com/investing/2024/10/10/wall-street-analyst-broadcom-stock-225-buy/
1 Wall Street Analyst Thinks Broadcom Stock Is Going to $225. Is It a Buy Around $180? MSN Article Source https://www.msn.com/en-us/money/topstocks/1-wall-street-analyst-thinks-broadcom-stock-is-going-to-225-is-it-a-buy-around-180/ar-AA1s2AhP?ocid\u003dfinance-verthp-feeds
Shares of data center storage rivals Pure Storage Inc. and NetApp Inc. took a hit in extended trading today, despite posting earnings and revenue that beat expectations, but both companies were completely overshadowed by Nutanix Inc. Nutanix crushed Wall Street’s estimates, sending its stock soaring more than 15% after-hours. Pure Storage’s stock fell more than 16% … Read more
Shares of data center storage rivals Pure Storage Inc. and NetApp Inc. took a hit in extended trading today, despite posting earnings and revenue that beat expectations. Pure Storage’s stock fell more than 16% in the after-hours market action, while NetApp’s were down over 5% after both companies warned of longer sales cycles. Both companies … Read more
Ahead of Nutanix (NTNX) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics MSN Article Source https://www.msn.com/en-us/money/topstocks/ahead-of-nutanix-ntnx-q4-earnings-get-ready-with-wall-street-estimates-for-key-metrics/ar-AA1pjsDb
Wall Street analysts forecast that Nutanix (NTNX) will report quarterly earnings of $0.19 per share in its upcoming release, pointing to a year-over-year decline of 20.8%. It is anticipated that revenues will amount to $537.12 million, exhibiting an increase of 8.7% compared to the year-ago quarter. The consensus EPS estimate for the quarter has been … Read more