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Nutanix stock is up 25% amid sell-off speculation

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Shares of Nutanix Inc. rose. Friday after a report that the hyper-converged infrastructure company is looking for a potential sale of the company.

Nutanix
NTNX,
+ 22.91%

Shares rose more than 25% to an intraday high of $26.52 in Friday trading after a report from the Wall Street Journal said the company Explore a sale after a recent acquisition interestjust below its best one-day performance recently as it posted a 29% gain on Sept 1 after a Strong quarterly report and forecast. The last time the stock closed north at $25 was in early May.

Nutanix is ​​a cloud software company that specializes in hyper-converged infrastructure, which essentially combines computer and server storage into a hybrid cloud product that allows businesses to access on-premises computing power as well as public cloud assets.

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It’s reasonable for Nutanix to look for a private equity buyer or a strategic fit, and with historical software premiums, you can expect offers in the $27-30 range, said Barclays analyst Tim Long, with an overweight rating and a $25 target price. share.

“Nutanix is ​​targeting long-term transformational changes that are more rigorous to implement as a public company, and which are subject to quarter-to-quarter scrutiny,” Long said. “Purchasing by PE could give Nutanix the opportunity to demonstrate Go-to-Market (GTM) strategy and products with a longer time horizon.”

Long said the strategic acquisition also makes sense, given that Nutanix has a sufficient revenue range and a strong customer base.

On a recent note, JP Morgan analyst Pinjalim Bora, who has an overweight and overweight rating, said Nutanix is ​​benefiting from a “strong replenishment portfolio that is expected to gain strength over the next several quarters and a cumulative build exit higher than usual. FY22” .

Read: Analysts agree that the PC market has been in a “sharp” decline since data collection began in the mid-1990s.

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We also believe, the general availability of Nutanix Clusters on Azure, announced this week at Microsoft
MSFT,
-2.18%

Bora said that Ignite could serve as a potential growth catalyst in the medium term that would enable Nutanix to eventually achieve its vision of becoming a multi-cloud hybrid platform.

On a recent note, analyst James Fish PiperJaffray, who has an overweight rating and a $25 price target, said the competitive landscape has become more favorable for Nutanix recently.

Broadcom has acquired Nutanix’s main competitor, VMware
AVGO,
-2.13%
And the
Create a favorable competitive environment and access for salespeople to Nutanix. In addition, partnerships have been established with Hewlett Packard Enterprise Co.
HP,
-1.33%

& [International Business Machine Corp.’s
IBM,
-1.39%

] Fish said RedHat leads to more avenues of growth and a better position together against VMware.

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Shares are down 18% year-to-date, compared to a 1% drop in the S&P 500
SPX,
-2.18%

A 33% drop in the tech-heavy Nasdaq Composite Index
COMP,
-8.33%
.

Of the 16 analysts who covered Nutanix, nine have buy ratings and seven have stock ratings, and an average price target of $27.31.

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Nick Bollettieri, tennis coach, 1931-2022

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After young Andre Agassi wins an important match while wearing jeans, make-up and earrings, his coach Nick Bollettieri summons him to appear in front of 200 classmates at his tennis academy. As punishment for “defiling” the Center of Excellence, Agassi was sentenced to flush all of the toilets on site. In the next tournament, his coach threatened him that he would have to play in a skirt.

Few people can claim to have produced more champions than “The Michelangelo of Tennis”. Agassi, Jim Courier, Monica Seles, Maria Sharapova and the Williams sisters all trained under pioneering coach Bollettieri, who has died at the age of 91.

In the late 1970s, Politieri pioneered the creation of the Living Academy for young athletes aspiring to achieve greatness. But his methods were as notorious as they were innovative. He would stand bare-chested on the field, berating his young subjects for every stray shot or mis-slashed fist, as they would repeat the same actions thousands of times.

The vision was to bring the best young players together in one place where they could “play, break rackets, gamble, fight, bat”. Students were forbidden to watch television, listen to the radio, eat junk food, or call home during the week. The misdemeanor penalty in court includes forced running without water. But at the end of each practice session, the kids would step in front of their teacher uttering the catchphrase, “Thank you, Nick.”

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In his academic diaries, Agassi described it as “a glorified concentration camp. Not all that glorified.” However, those aiming for the summit continued to pour in there. And despite Pollettieri’s reputation as abrasive and obsessive—he got up every morning at 4:30 a.m. to stretch and lift weights—many of those he taught speak of him affectionately as a surrogate parent. They also became winners. Of the tens of thousands of players who had trained under him, ten would reach the world number one rank.

“I was living my dream,” Sharapova, who joined the academy at the age of eight, said. he told the Financial Times in 2015. “I saw all these great champions come and train. I would wake up every morning and I couldn’t wait for my alarm to go off at 6.30am and go get my lesson.”

Bollettieri and Andre Agassi in 1988 after winning on the field in New York © Caryn Levy / Sports Illustrated / Getty Images

Nicholas James Bollettieri was born in 1931 in Pelham, New York. His parents were Italian immigrants. He was the quarterback on the football team in high school, before his uncle convinced him to try out the “sneaky sport of tennis”.

After studying philosophy in college in Alabama, Politieri joined the army, became a paratrooper and reached the rank of lieutenant. His time in the army would be central to his coaching ethos later in life. He said, “I started to learn a lot being a parachutist—the discipline, the feeling that you’re the best in the world, that you can do anything.”

After leaving the military in 1957, he enrolled to study law at the University of Miami. To help make ends meet, he began offering tennis lessons at $1.50 an hour, despite having no experience as a coach and no more than that as a player. Less than a year later, he gave up his studies to devote himself to tennis.

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“A lot of coaches know tennis a lot more than I do,” he said. “What I do know is how to work with you as a person.”

In 1961, he discovered Brian Gottfried, who was then nine years old, on the field and took him under his wing. Gottfried would later become Bollettieri’s first hit, reaching No. 3 in the world in 1977.

That same year, after a stint teaching wealthy hotel clients to play tennis, he landed at Colony Beach & Tennis Resort near Sarasota, Florida. A year later, he founded the Nick Bollettieri Tennis Academy.

He went on to borrow $1 million to transform his 40-acre tomato plants in Bradenton, Florida, into a sprawling tennis training camp that opened in 1981. Agassi referred to his time there as “a forehand master of the flies,” but he attended for free. His father only had money to pay for three months’ tuition, but Bollettieri called him to say he was “tearing up the check” after seeing how good he was. The pair suffered an emotional split in 1993, shortly after Agassi won the first of his eight Grand Slam titles.

Bollettieri was known for his money management problems. With financial problems looming, he sold the Academy to IMG in 1987. But he continued to run it.

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Today the site covers approximately 600 acres, and teaches a wide range of sports to the 1,200 full-time residents and thousands more children and adults who attend sports camps there. In 2014, Politieri was inducted into the Tennis Hall of Fame, one of only four coaches to receive the award.

Josh Noble

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Ads disappear as Google Ad Manager crashes for a while

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Netizens watched an ad-free web for several hours Thursday night.

8:04 p.m. EST, The Google Spread It was “investigating reports of a problem with Google Ad Manager”. While users can enter the program, they “see error messages, high response time, and/or other unexpected behavior.”

Most importantly, ads were not displayed, which means that users did not see ads on the websites of companies using Google Ad Manager. “Ads Manager is not serving ads to affected users,” Google wrote in the incident report.

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A few hours later, at 10:40 PM EST, Google said That the problem has been resolved, writing “Ad display is now restored”.

Google didn’t share any information about the extent of the outage in its post, but users on social media speculated it could be global, with customers in the US, Canada and Japan Report Twitter Ad manager was not working.

Google Ads Manager is a program digital marketplace Where customers can buy and sell ads across multiple networks. The service is mostly used by large publishers who are involved in direct sales to ad buyers. Over 80% of large publishers say they use Google Ad Manager to manage their ad sales.

Other Google advertising services appear to be running. The search giant doesn’t report issues with AdSense or AdMob, its ad services tailored to small websites and mobile developers respectively.

Advertising is a major part of Google’s business. Google earned 54.48 billion dollars From advertising sales in the third quarter of this year’s total revenue of $ 69.09 billion.

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Update, December 9, 2022: This article has been updated with the news that Google has resolved the issue with Google Ad Manager.

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This analyst says AT&T stock is now a buy. Growth potential is the reason.

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AT&T

It had a strong year, and is now on track for “long-term sustainable growth,” according to Argus Research.

Analyst Joseph Bonner promoted shares

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AT&T

(Stock ticker: T) To buy from the hold and set a target price of $24 per share. Bonner writes that the company has strong growth potential because of its competitive position and its performance in the current macroeconomic environment.

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