Wedbush hikes Microsoft PT to $500, maintains outperform on AI optimism

7 mega-cap stocks to own on sustainable data center spending - CFRA

Analysts at CFRA Research highlighted seven mega-cap stocks they see as best positioned to benefit from a "decade-long AI boom."

In a research note to clients, the firm explained that they believe capex spending from the major cloud providers is poised to rebound over 25% in 2024, with low-teens growth attainable thereafter.

"We view improving free cash flow (FCF) and profitability as major reasons why the sudden surge in data center spend is sustainable, despite much angst about that being the case," the firm wrote.

CFRA added: "Motivating factors that will cause cloud players to spend... More

8 disruptive computing stocks primed for growth (Part 2)

In the second part of this seven-part series on Bank of Americas 32 breakthrough stocks, we highlight eight computing companies the investment bank believes could be primed for growth.

As explained in the first part of the series, analysts at Bank of America believe that understanding the breakthroughs on the cusp of commercialization has never been more important.

Citing Bessembinder as the source, the investment bank stated that in the past 100 years, 3% of them generated around 100% of global net wealth, and approximately a third of the S&P 500 has been replaced since 2015.

Given the fast-paced nature of... More

BofA: Apple (APPL) DOJ suit could be another step towards lower app fees

Analysts at BofA said in a note Tuesday that they feel the DOJ suit against Apple (NASDAQ: AAPL) could mark another step towards lower app fees for subscription companies.

The US DOJ and 16 other state and district attorneys general filed a civil antitrust lawsuit... More