Paul Wick of Seligman Investments trims Nvidia (NVDA) stake, citing growth concerns. Nvidia, reliant on top 10 clients for 60-70% revenue, draws parallels with dot-com era Cisco. Despite AI-driven surge, long-term sustainability questioned. Keep Nvidia on watch.
Arista Networks outpaced Q1 earnings and revenue expectations and announced a new $1.2 billion stock buyback. Shares rose 7% in extended trading as the company provided guidance slightly above Wall Street forecasts.
