Stock market today: Dow ends lower on rout in retailers, rumble in regional banks

NVIDIA (NVDA) PT Raised to $600 at CFRA, 'we see FCF growth at +$23B in FY 24'

CFRA analyst Angelo Zino raised the price target on NVIDIA (NASDAQ: NVDA) to $600.00 (from $500.00) while maintaining a Buy rating.

The analyst comments "We increase our 12-month target to $600 from $500, on P/E of 32.6x our CY 25 EPS view, above peers but below... More

Former XPeng (XPEV) autonomous driving head joins Nvidia (NVDA)

Wu Xinhou, the former vice president of autonomous driving at Xpeng (NYSE: XPEV), announced Thursday that he is joining U.S. artificial intelligence giant Nvidia (NASDAQ: NVDA).

Although Wu didn't provide specific details about his new position at Nvidia,... More

NVIDIA (NVDA) PT Raised to $605 at Goldman Sachs, 'Strong Gen AI Demand and Improving Supply to Drive Continued Outperformance'

Goldman Sachs analyst Toshiya Hari raised the price target on NVIDIA (NASDAQ: NVDA) to $605.00 (from $495.00) while maintaining a Buy rating.

The analyst comments "Nvidia delivered against heightened investor expectations as growing investments in Gen AI infrastructure drove a 21% revenue beat and non-GAAP EPS (excl. SBC)... More

NVIDIA (NVDA) PT Raised to $600 at BMO Capital, 'High Bar? Not a Problem'

BMO Capital analyst Ambrish Srivastava raised the price target on NVIDIA (NASDAQ: NVDA) to $600.00 (from $550.00) while maintaining a Outperform rating.

The analyst comments "The company delivered another meaningful beat and raise. The AI demand continues to climb meaningfully higher. NVIDIA's visibility is... More

Here's how UBS sees AI impacting the economy

What happens when AI takes over? That's the question UBS Chief Economist Paul Donovan asked in his note Wednesday.

"The hype about artificial intelligence (AI) has been increasing it is the 'Bored Ape' of 2023. However, unlike the crypto or NFT crazes, there is a clear economic application for AI.

Donovan told investors that there is "a lot of hype about artificial intelligence (AI)," and there are four broad impacts where economists "have something sensible to contribute."

AI and Jobs: UBS... More

Charles Schwab (SCHW) sell-off provides buying opportunity - Deutsche Bank

Deutsche Bank analyst Brian Bedell said the sell-off in Charles Schwab (NYSE: SCHW) shares on Tuesday provides a buying opportunity for investors.

SCHW shares fell almost 5% during the Tuesday session. It is up just over 2% on Wednesday but is down around 31%... More

Dick's Sporting Goods (DKS) cut at Wedbush on limited sales outlook visibility

Dick's Sporting Goods (NYSE: DKS) was cut to Neutral from Outperform at Wedbush on Wednesday, with analyst Seth Basham lowering the price target to $115 from $155 per share.

Basham told investors in a note that the company's margin outlook is weaker with less... More

Lowe's (LOW) PT Raised to $230 at TD Cowen

TD Cowen analyst Max Rakhlenko raised the price target on Lowe's (NYSE: LOW) to $230.00 (from $225.00) while maintaining a Market Perform rating following EPS.

The analyst commented, "We're pleased with results as strong blocking and tackling is driving Pro momentum, while the DIY business... More