AI bubble has started to implode: Gavekal Research

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Mizuho Downgrades Intel (INTC) to Neutral, 'Widening Technology Gap'

August 7, 2024 4:02 PM EDT

Mizuho analyst Vijay Rakesh downgraded Intel (NASDAQ: INTC) from Outperform to Neutral with a price target of $22.00 (from $36.00).

The analyst comments "We upgraded INTC in Nov'23 on strong AI ramps, and new products driving PC/DC traction. Fast-forward 9 months,... More

BofA Securities on Apple (AAPL): 'we see the potential for consensus estimates to be revised higher'

August 7, 2024 9:32 AM EDT

BofA 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