Prominent fund manager cuts his Nvidia stake
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- Wall St set to gain on tech rebound, Middle East in focus
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil prices steady as investors weigh US-Iran war escalation
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Crude Inventory Fell 7.2 Million Barrels Last Week, Says EIA
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Microsoft (MSFT) target raised at Citi: 'OpenAI headlines a positive read on Azure'
June 21, 2024 7:34 AM EDTAnalysts at Citi raised their target for Microsoft (NASDAQ: MSFT) to $520 from $495 in a note this week, maintaining a Buy rating on the stock.
The bank said the latest OpenAI headlines are a positive read on Microsoft's Azure, but the... More
Melius Defending NVIDIA (NVDA), 'Raising Estimates Again - EPS Power of $5 Looking More Real'
June 21, 2024 6:26 AM EDTMelius analyst Ben Reitzes reiterated a Buy rating and $160.00 price target on NVIDIA (NASDAQ: NVDA)
The analyst comments "Raising Estimates Again - EPS Power of $5 Looking More Real: Given the factors above, we are raising our estimates again especially for CY25/26. Although... More
Microsoft (MSFT) PT Raised to $520 at Citi
June 21, 2024 5:48 AM EDTCiti analyst Tyler Radke raised the price target on Microsoft (NASDAQ: MSFT) to $520.00 (from $495.00) while maintaining a Buy rating.
The analyst comments "OpenAI has been in the news headlines over the last few weeks with press reports of the company more than... More

