Tech executives including Elon Musk push for a pause in the development of new AI tools - WSJ

NVIDIA (NVDA) PT Raised to $320 at Tigress Financial Partners

March 30, 2023 1:17 PM EDT

Tigress Financial Partners analyst Ivan Feinseth raised the price target on NVIDIA (NASDAQ: NVDA) to $320.00 while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating on NVDA and increase our 12-month target price to $320 as its industry-leading position in AI (Artificial Intelligence), multiple new products, and partnership announcements highlight the companys strengths and position it for a new AI-driven business upcycle and growth acceleration. NVDA remains at the forefront of Generative AI technology development in multiple applications and announced partnerships with multiple major technology and healthcare companies. Speaking at... More

KeyBanc confident in Intuit's defensive positioning, says Microsoft the survey leader in UCaaS

March 29, 2023 2:09 PM EDT

KeyBanc Capital Markets raised its price targets on Intuit (NASDAQ: INTU) to $475 and Microsoft (NASDAQ: MSFT) to $316 per share in a note to clients on Wednesday, maintaining Overweight ratings on both.

Analysts at the firms explained that they... More

NVIDIA's (NVDA) AI solutions will continue to penetrate the market - Piper Sandler

March 29, 2023 12:11 PM EDT

Piper Sandler's Harsh Kumar raised the firm's price target on NVIDIA (NASDAQ: NVDA) to $300 from $275 per share, maintaining an Overweight rating on the stock in a note Wednesday, telling investors the company has created a "tremendous TAM opportunity."

The analyst explained that they... More

Elon Musk, AI Pioneers Sign Open Letter on AI Development Moratorium -- WSJ

March 29, 2023 8:34 AM EDT

Elon Musk, AI Pioneers Sign Open Letter on AI Development Moratorium -- WSJ

Open Letter Calls for Pause of Six Months or More on Advanced AI Technology -- WSJ... More

Microsoft (MSFT) PT Raised to $316 at KeyBanc as Azure public cloud usage surveyed in line with Google & AWS

March 29, 2023 8:08 AM EDT

(Updated - March 29, 2023 8:24 AM EDT)

KeyBanc analyst Michael Turits raised the price target on Microsoft (NASDAQ: MSFT) to $316.00 (from $270.00) while maintaining an Overweight rating following its 1H23 SMB tech spend survey.

The analyst commented, "Survey results show SMB public cloud... More

S&P 500 dips on tech drag as yields rise on easing bank jitters, upbeat consumer

March 28, 2023 3:09 PM EDT

By Yasin Ebrahim

Investing.com -- The S&P 500 slipped Tuesday as big tech continued to stumble as Treasury yields climbed on signs the consumer remains upbeat and worries about a banking crisis ease.

The S&P 500 fell 0.4%, the Dow Jones Industrial Average slipped 0.3%, or 82 points, and the Nasdaq fell 0.80%.

Treasury yields added to their gains from a day earlier as data showed that consumers are still upbeat about the economy, suggesting that the Federal Reserve may have more work to do.

The consumer confidence index rose to 104.2 in March from an upwardly revised 103.4... More

Active options: GOOGL MSFT FRC META CCL GOOG NFLX SNAP COIN GME MU OXY

March 28, 2023 3:01 PM EDT

Active options: GOOGL MSFT FRC META CCL GOOG NFLX SNAP COIN GME MU OXY

... More

Fade Nasdaq rally - Fairlead's Stockton

March 28, 2023 12:47 PM EDT

Fairlead Strategies analyst Katie Stockton is telling traders to fade the Nasdaq 100 (NDX) rally as certain technical indicators have generated a sell signal.

The DeMARK Indicators, specifically the TD Sequential model, is flashing sell for the first time since November 2021.

Past signals have been fairly timely, Stockton wrote to Fairleads clients in an update.

The technical analyst... More

Microsoft introduces AI-powered cybersecurity assistant

March 28, 2023 12:31 PM EDT

(Reuters) - Microsoft Corp on Tuesday launched a tool to help cybersecurity professionals identify breaches, threat signals and better analyze data, using OpenAI's latest GPT-4 generative artificial intelligence model.

The tool, named 'Security Copilot', is a simple prompt box that will help security analysts with tasks like summarizing incidents,... More

Microsoft (MSFT) Launches Microsoft Security Copilot

March 28, 2023 11:31 AM EDT

Microsoft Corp. (NASDAQ: MSFT)

on Tuesday announced it is bringing the next generation of AI to cybersecurity with the launch of Microsoft Security Copilot, giving defenders a much-needed tool to quickly detect and respond to threats and better understand the threat landscape overall. Security Copilot will combine Microsoft's vast threat intelligence footprint with industry-leading expertise to augment the work of security professionals... More