Memory chip maker SK Hynix hits record high amid AI hype
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- Wall St rebounds with broad gains as oil slides sharply
- Brent hits lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- JPMorgan raises S&P 500 target to 7,800, says earnings revision ’unprecedented’
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Citi Comments on NVIDIA (NVDA) Earnings, Offers Focus Points Before The Conference Call
February 21, 2024 4:59 PM ESTCiti analyst Atif Malik reiterated a Buy rating and $575.00 price target on NVIDIA (NASDAQ: NVDA)
The analyst comments "Fundamentals: NVDA reported Jan-Q revs/non-GAAP EPS (ex-SBC) of $22.1B/$5.16 vs. our $20B/$4.58 (ex-SBC) and Streets (FactSet) $20.4B/$4.59 and guided Apr-Q revenue to $24B (at MP) vs. our $20B and Streets $21.5B. Higher Hopper GPU shipments... More
Shares in these Asian tech companies could rally on Nvidia's (NVDA) guidance
February 20, 2024 11:00 PM ESTMorgan Stanley highlighted four Asian technology companies that could rally on Nvidia's guidance in separate notes Tuesday, naming each one a catalyst driven idea.
Taiwan Semi (NYSE: TSM) was one of the first stocks named, with analysts at the investment bank... More
NVIDIA (NVDA) Mentioned Positively at Rosenblatt
February 20, 2024 6:48 AM ESTRosenblatt analyst Hans Mosesmann reiterated a Buy rating and $1,100.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "We see Nvidia beating and raising for the January quarter print and guide on product cycle momentum in Hopper, Grace-Hopper, Networking, Software, and upcoming... More
NVIDIA (NVDA) PT Raised to $1,050 at Baird, Remains Top Idea
February 20, 2024 6:48 AM ESTBaird analyst Tristan Gerra raised the price target on NVIDIA (NASDAQ: NVDA) to $1,050.00 (from $750.00) while maintaining a Outperform rating.
The analyst comments "Per our Asia field trip, demand for Nvidias AI solutions remains unabated, with momentum from enterprise customers now rapidly building. Upcoming... More
