Now not the time to panic on the tech trade, bargain hunt after selloff: Wedbush
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- S&P 500 falls as AI worries hit software makers
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Harry and Meghan surprised by King Charles' letter on their status
- Citi initiates UiPath coverage with Buy rating and $23 target
- S&P 500 falls as AI worries hit software makers
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
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- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
BofA Securities on Apple (AAPL): 'we see the potential for consensus estimates to be revised higher'
August 7, 2024 9:32 AM EDTBofA Securities analyst Wamsi Mohan reiterated a Buy rating and $256.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "
As per SensorTower data, App Store revenues in F4Q (after 36 days) increased to $3.0bn (+12% y/y, according to data on developer revs from... More
New Street Research Upgrades NVIDIA (NVDA) to Buy
August 6, 2024 9:07 AM EDT(Updated - August 6, 2024 9:12 AM EDT)
New Street Research analyst Pierre Ferragu upgraded NVIDIA (NASDAQ: NVDA) from Neutral to Buy with a price target of $120.00.
The analyst comments "Since the peak of June, Nvidias stock has pulled back by 26%, underperforming most... More
Rosenblatt Defending NVIDIA (NVDA)
August 6, 2024 6:59 AM EDTRosenblatt analyst Hans Mosesmann reiterated a Buy rating and $200.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "NVDA shares are under pressure due to continued rumors of a several-month delay in Blackwell B200 GPUs due to an undisclosed silicon flaw.... More
Morgan Stanley 6th Annual Internal Survey of Their Interns on Tesla (TSLA) Reveals: 'Tesla 'cool factor' is... cooling'
August 5, 2024 10:52 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "Tesla 'cool factor' is... cooling. The interns prefer gasoline powered cars over EVs by nearly 2 to 1. Tesla further declined as the most desirable brand to 11% (vs. 14% last year, 19% in 22, and 30% in 21). The share... More
Deutsche Bank Defending NVIDIA (NVDA): 'AI demand as measured by capex spend appears to be healthy' , 'We see little financial risk'
August 5, 2024 10:43 AM EDTDeutsche Bank analyst Ross Seymore reiterated a Hold rating and $100.00 price target on NVIDIA (NASDAQ: NVDA)
The analyst comments "We see little financial risk to NVDA in the near term for its upcoming report/guide (NVDA reports Aug 28) given still-strong demand from... More
Magnificent 7 stocks slide amid tech slump
August 5, 2024 9:54 AM EDTThe Magnificent 7 stocks experienced significant declines on Monday as the tech sector and broader market faced a severe sell-off.
While the stocks have begun to recover slightly following the opening bell, Apple (NASDAQ: AAPL) is currently down more than 5%, while NVIDIA (NASDAQ:... More
