Berkshire Hathaway reveals $6.7 bln stake in Chubb, shares hit record high
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- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
Evercore ISI Reiterates Outperform Rating on Apple (AAPL)
May 20, 2024 4:11 PM EDTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $220.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "We hosted a call with an Expert in the payments space who has previously worked building payments products at Apple. The call added to our conviction that Apple has some solid growth runway around Apple Pay, B2C payments, and potentially B2B payments over... More
UBS Reiterates Neutral Rating on Apple (AAPL)
May 20, 2024 6:08 AM EDTUBS analyst David Vogt reiterated a Neutral rating and $190.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "Immediately prior to and post Apple's earnings report, the market started to embed a recovery in iPhone unit demand given enthusiasm that AI is a tailwind. Specifically, the market expects AI capabilities and... More
Goldman Sachs Reiterates Buy Rating on Chevron (CVX)
May 17, 2024 1:56 PM EDTGoldman Sachs analyst Neil Mehta reiterated a Buy rating and $175.00 price target on Chevron (NYSE: CVX).
The analyst comments "In this note, we update estimates for Chevron Corporation (CVX). Inside, we discuss key themes, including around (a) TCO execution and outlook for the... More
Palo Alto Networks and IBM expanded partnership a 'win for platformization'
May 16, 2024 7:34 AM EDTPalo Alto Networks (NASDAQ: PANW) and IBM (NYSE: IBM) announced a wide-ranging partnership to deliver AI-powered security outcomes for customers on Wednesday evening.
IBM announced that it was selling its QRadar SaaS assets to PANW for an undisclosed amount, while,... More
