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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
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
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NVIDIA target raised at Wolfe Research on positive supply chain checks
July 8, 2024 12:43 PM EDTWolfe Research raised their price target for NVIDIA (NASDAQ: NVDA) to $150 from $125 per share in a note Monday, citing positive supply chain checks indicating strong growth for the company in calendar year 2025 (CY25).
"Recent supply chain checks show a path to 50%+ content growth for NVDA GPUs in CY25," stated the Wolfe Research note. They attribute this growth to a transition to... More
NVIDIA (NVDA) target lifted at UBS as supply checks confirm demand momentum
July 8, 2024 7:57 AM EDTAnalysts at UBS raised their price target for NVIDIA (NASDAQ: NVDA) to $150 from $120 per share in a note Monday, reiterating a Buy rating on the stock, citing positive recent supply checks.
The bank's recent supply chain checks confirmed their prior suspicions that demand momentum for Blackwell rack-scale systems "remains... More
