Apple set for modest iPhone sales growth, China worries remain
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February 4, 2024 8:00 AM EST
Goldman Sachs believes that for IT hardware and equipment stocks in 2024, the AI beneficiaries should continue to outperform.
Analyst Michael Ng said the investment bank is "bullish on hardware AI beneficiaries entering 2024 as evidence of AI tailwinds become more evident for OEM server suppliers and hyperscaler Ethernet switch suppliers."
He highlighted six buy-rated names they see as a buy:
Arista Networks (NYSE: ANET):... More
January 31, 2024 3:00 PM EST
In a note to clients this week, analysts at Morgan Stanley discussed how Apple's (NASDAQ: AAPL) EU changes could impact Alphabet (NASDAQ: GOOGL), saying Google now faces more pressure.
The investment bank explained that in response to the Digital Markets Act (DMA), AAPL announced changes to iOS, Safari, and the App Store in the EU. Among them, starting in March, Apple is introducing a prompt allowing users in the... More
