Stage is set for Nasdaq, tech stocks to move higher: Wedbush

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Stifel Reiterates Buy Rating on NVIDIA (NVDA)

August 20, 2024 5:26 AM EDT

Stifel analyst Ruben Roy reiterated a Buy rating and $165.00 price target on NVIDIA (NASDAQ: NVDA)

The analyst comments "NVDA reports its F2Q25 (July) results after market on Wednesday, 8/28. While we are cognizant of recent concerns regarding near-term production targets for certain Blackwell series... More

NVIDIA (NVDA) builds new AI weather model - Axios

August 19, 2024 9:57 AM EDT

According to Axios, NVIDIA (NASDAQ: NVDA) Research has unveiled a new generative AI weather model that significantly enhances the accuracy of short-range weather forecasts, with the potential to predict extreme weather events such as flash floods and tornado outbreaks.

Nvidia shared with Axios that this model is the first AI system capable of improving simulations of severe... More

Morgan Stanley Reiterates Overweight Rating on Amazon.com (AMZN)

August 19, 2024 6:05 AM EDT

Morgan Stanley analyst Brian Nowak reiterated an Overweight rating and $210.00 price target on Amazon.com (NASDAQ: AMZN)

THe analyst comments "We detail 3 reasons AMZN's consumables/essentials success is bullish long-term growth, 3 ways AMZN can improve profitability even with this low... More

Goldman Sachs Reiterates Conviction Buy Rating on NVIDIA (NVDA), 'set-up for NVDA is constructive'

August 19, 2024 5:42 AM EDT

Goldman Sachs analyst Toshiya Hari reiterated a Conviction Buy rating and $135.00 price target on NVIDIA (NASDAQ: NVDA)

The analyst comments "

We reiterate our Buy rating on NVDA (also on the Conviction List) ahead of FY2Q (July) results scheduled for August 28 (post... More

Google vs DoJ: Who wins?

August 17, 2024 6:00 AM EDT

As Google faces off against the Department of Justice (DOJ) over antitrust concerns, the battles outcome could reshape the tech landscape and impact the companys future.

Analysts at JMP Securities, Mizuho and Barclays have weighed in on the possible scenarios and their implications:

JMP Securities anticipates that the DOJ may impose remedies such as requiring OEMs and browsers to present a choice screen for default search engines.

They explain that this would likely benefit Google, as its superior search quality... More