Global stock markets showed mixed results today after US chipmaker Nvidia set new records on Wall Street. The company’s shares soared after reporting strong earnings and revenue growth, boosting investor confidence in the tech sector. In the US, the S&P 500 and Nasdaq both closed at record highs, led by gains in tech stocks like … Read more
Nvidia’s stock split has caught the attention of Wall Street analysts, who are adjusting their price targets in response to the company’s impressive performance in the AI space. With Nvidia’s chips powering the AI revolution, the stock has seen significant gains, up 215% from last year. The recent 10 for 1 stock split has further … Read more
The UK regulator is set to review the proposed merger between Hewlett Packard Enterprise and Juniper Networks, according to a report from The Wall Street Journal. The move comes as part of an effort to ensure competition remains strong in the technology sector. The merger, which was announced earlier this year, has raised concerns about … Read more
NVIDIA’s stock price target has been raised to $160 per share by analyst Chris Rolland, reflecting a potential gain of over 20% from current levels. This increase is driven by the company’s focus on software, such as its CUDA toolkit, and plans to offer more end-to-end solutions for data center servers. While demand for NVIDIA’s … Read more
Nvidia and Broadcom have both recently announced stock splits, setting off speculation about which companies could potentially become the next big players on Wall Street. Stock splits are seen as a positive sign for a company’s growth and can attract more investors to the market. The top three candidates being discussed are Amazon, Alphabet (the … Read more
Nvidia and Broadcom recently announced stock splits, sparking speculation about potential candidates to join the prestigious Wall Street index. The two companies are well-known players in the tech industry, with Nvidia dominating the graphics processing market and Broadcom specializing in semiconductor technology. With their successful track records and market dominance, both Nvidia and Broadcom are … Read more
Nvidia recently announced a stock split, which has attracted the attention of investors and analysts alike. The Wall Street Journal highlights the significance of this move, while Yahoo Finance discusses the upcoming May jobs report and its potential impact on the market. The Motley Fool speculates on which company could be the next to follow … Read more
Hewlett Packard Enterprise (HPE) reported their second quarter earnings for 2024, with revenue surpassing expectations but earnings per share falling short. The company, known for its technology solutions, saw strong sales in certain segments, contributing to the overall revenue growth. However, despite this positive performance, the earnings per share did not meet analyst forecasts. Overall, … Read more
reported that the European Cloud Group is advocating for regulatory oversight of Broadcom’s proposed overhaul of VMware. The group is concerned that the changes could have negative implications for competition in the cloud computing market. The European Cloud Group believes that regulatory intervention is necessary to ensure a level playing field for all companies involved. … Read more
reported on Wednesday that several stocks are worth keeping an eye on Thursday, including Lululemon, Nvidia, TSM, and Five Below. Canadian athletic apparel retailer Lululemon is expected to release its quarterly earnings report on Thursday. Analysts are predicting strong results due to the growing popularity of athleisure wear and the company’s successful online sales. Lululemon’s … Read more