Artificial Intelligence Influence on Global E-Commerce Market Expected to Skyrocket to $25 Billion By 2032 

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Loop Capital Reiterates Buy Rating on NVIDIA (NVDA)

August 26, 2024 7:14 AM EDT

Loop Capital analyst Ananda Barush reiterated a Buy rating and $175.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "Reiterating our Buy and $175 PT as NVDA prepares to report July Q EPS on Wed 8/28. Our work suggests that while Blackwell is... More

Morgan Stanley on NVIDIA (NVDA): 'remains our Top Pick'

August 26, 2024 6:20 AM EDT

Morgan Stanley analyst Joseph Moore reiterated an Overweight rating and $144.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "That said, NVIDIA remains our Top Pick, and regardless of expectations issues, the fact that headwinds (including China export controls last year, challenges in... More

Amazon.com (AMZN) PT Lowered to $225 at Wells Fargo

August 26, 2024 5:32 AM EDT

Wells Fargo analyst Ken Gawrelski lowered the price target on Amazon.com (NASDAQ: AMZN) to $225.00 (from $232.00) while maintaining a Overweight rating.

The analyst comments "Forecasted heavy upfront launch costs drive -4% IRR in Phase 1 and an 8-year cash payback period, but OI... More

Chinese entities using Amazon and rival cloud services to access high-end US chips - Reuters

August 23, 2024 1:17 PM EDT

Chinese state-linked entities are increasingly turning to cloud services from Amazon (NASDAQ: AMZN) and its rivals to access advanced U.S. chips and artificial intelligence (AI) capabilities, according to a report from Reuters on Friday.

Due to U.S. export restrictions, these entities cannot directly acquire high-end AI chips, but they can still access these technologies through cloud... More

Citi on NVIDIA (NVDA): 'we believe any updates ahead of the earnings call next week will help level set investor expectations'

August 23, 2024 11:57 AM EDT

Citi analyst Atif Malik reiterated a Buy rating and $150.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "According to its company blog published today (23-Aug-24), ahead of the annual Hot Chips conference next week, NVIDIA is planning to talk Blackwell with new... More

Melius on NVIDIA (NVDA): 'shares could march towards our $160 target pretty quickly'

August 23, 2024 8:02 AM EDT

Melius analyst Ben Reitzes reiterated a Buy rating and $160.00 price target on NVIDIA (NASDAQ: NVDA)

The analyst comments "Training Still Strong: Yes, we were concerned when we first heard about issues with the new Blackwell chips in the supply chain and from customers - that included commentary around a 3-month delay due to potential overheating, a design issue and some packaging issues. However, it seems volumes for Blackwell systems can still be quite strong in the April 25 quarter. Our checks right now indicate training of LLMs is still strong at big... More

NVIDIA (NVDA) PT Raised to $150 at Evercore ISI, 'our top Tectonic Shift in Computing pick'

August 23, 2024 5:10 AM EDT

Evercore ISI analyst Mark Lipacis raised the price target on NVIDIA (NASDAQ: NVDA) to $150.00 (from $145.00) while maintaining a Outperform rating.

The analyst comments "We continue to view NVDA as our top Tectonic Shift in Computing pick, with a full-stack ecosystem that... More

What's behind Microsoft's annual segment changes?

August 22, 2024 12:35 PM EDT

Microsoft (NASDAQ: MSFT) has recently made notable changes to its annual key performance indicators (KPIs) ahead of the FY25 reporting period, with a particular focus on reclassifying revenue streams to better align with the company's strategic priorities.

According to Citi analysts in a note Thursday, these changes are "more extensive than in the past" as they bring the key components of M365 within the PBP... More