Nutanix Inc is a cloud computing company that specializes in hyper-converged infrastructure solutions, enabling businesses to manage their data centers and applications with greater efficiency and scalability
The company provides a software platform that integrates storage, computing, and virtualization into a single solution, allowing organizations to simplify their IT operations, reduce costs, and enhance workload performance. Nutanix also offers various cloud services that empower businesses to seamlessly transition between on-premises and cloud environments, thereby facilitating a more agile and flexible IT infrastructure.
Global markets faced turbulence by midday Wednesday as an unwinding of yen-dollar carry trades drove sharp losses in U.S. equities, with the tech-heavy Nasdaq 100 falling 1.2% in intraday trading.
Oppenheimer analyst initiates coverage on Nutanix Inc with Outperform rating and $80 price target, citing rising demand for HCI and market share opportunities from weakening VMware.
Jim Cramer recommends buying Intuitive Surgical (ISRG). Kimco Realty (KIM) is a great operator. Nutanix (NTNX) has upgraded stock. CrowdStrike (CRWD) is a buy. Rocket Lab (RKLB) is high risk.
