Nvidia shares edge higher premarket after AI chipmaker's market cap tops $3 trn
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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
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- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
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- TikTok owner ByteDance said to secure $29.6bn loan for AI push
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UBS Reiterates Neutral Rating on Apple (AAPL)
June 10, 2024 8:48 AM EDTUBS analyst David Vogt reiterated a Neutral rating and $190.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "GenAI interest solid in China but muted elsewhere as cost & privacy are concerns. Somewhat not surprisingly in our view, a high price was cited... More
AMD cut at Morgan Stanley as bank prefers Nvidia and Broadcom
June 10, 2024 7:07 AM EDTAMD (NASDAQ: AMD) was cut to Equal-Weight from Overweight at Morgan Stanley on Monday. The firm maintains a $176 price target on the stock.
While the bank still favors the narrative, it said investor expectations for the AI business still seem too... More
NVIDIA (NVDA) PT Lowered to $140 at Cantor Fitzgerald, 'remains our TOP PICK in semis'
June 10, 2024 5:35 AM EDTCantor Fitzgerald analyst C.J. Muse lowered the price target on NVIDIA (NASDAQ: NVDA) to $140.00 (from $1,400.00) while maintaining a Overweight rating.
The analyst comments "NVDA announced a 10-for-1 stock split last Q which officially took effect Friday post close. As such, we... More
BofA Securities Reiterates Buy Rating on Apple (AAPL)
June 6, 2024 9:51 AM EDTBofA Securities analyst Wamsi Mohan reiterated a Buy rating and $230.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "As per SensorTower data, App Store revenues in F3Q (after 66 days) increased to $5.4bn (+11% y/y, according to data on developer revenues from... More
Jefferies positive on Alphabet's new CFO, sees potential for stronger returns
June 6, 2024 7:29 AM EDTJefferies maintained a Buy rating on Alphabet (NASDAQ: GOOGL) following the appointment of Anat Ashkenazi as CFO, citing her strong track record and potential to unlock shareholder value.
"We believe investors will look positively on GOOGL's appointment," states Jefferies, which has a $200 price target on GOOGL.
They highlight Ashkenazi's impressive tenure at Eli Lilly (LLY), where... More

