Google shares to continue to trade at a discount to other mega-caps - DA Davidson

Goldman Reiterates Conviction Buy Rating on NVIDIA (NVDA), Succinctly Recaps Huang Comments at Conference: 'key provider to essentially all CSPs (+ other companies) developing AI'

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

The analyst comments "1) Accelerated Computing: Mr. Huang highlighted his long-held view that Moore's Law was no longer delivering the rate of innovation it had in the past and, as such, was driving computation inflation in Data Centers. Further, he noted that the densification and acceleration of the $1 trillion data center infrastructure installed base alone would drive growth over the next 10 years, as it would deliver material performance improvement and/or cost savings. 2)... More

Jefferies says 'a lack of incentive-driven sales push' may hurt iPhone 16 momentum

Jefferies analysts raised concerns about the potential impact of Apple's (NASDAQ: AAPL) reduced trade-in values on iPhone 16 sales momentum.

In their latest note, the firm says Apple has cut trade-in values for existing iPhone models across five major markets, with the biggest reductions seen in China.

"Our tracking shows that trade-in value of existing iPhone models (12 to 15 series) has fallen YoY across the five major markets, suggesting downside risk of iPhone 16's sales momentum on launch," said... More

Guggenheim on Microsoft (MSFT): 'even though some of these changes make some sense from a business perspective, we believe they make the model more opaque'

Guggenheim analyst John DiFucci reiterated a Neutral rating on Microsoft (NASDAQ: MSFT).

The analyst comments "Key Message: Microsoft has reallocated revenue among its businesses, including the most important ones to investors: Azure, O365 Commercial, and Windows. Some of these changes (e.g., moving EMS out of Azure to M365) probably should have been done years ago,... More

Goldman Sachs Reiterates Buy Rating on Alphabet (GOOGL)

Goldman Sachs analyst Eric Sheridan reiterated a Buy rating and $217.00 price target on Alphabet (NASDAQ: GOOGL).

The analyst comments "Bottom line: We highlight a few key takeaways from our conversation: 1) Public cloud market remains in the early stages of growth & penetration driven by... More

Citi Reiterates Buy Rating on Apple (AAPL) Following Ireland Tax Ruling

Citi analyst Atif Malik reiterated a Buy rating and $255.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "On Sep 10, 2024, Europes top court ruled against Apple to pay 13Bn ($14.4Bn) in back taxes to Ireland, marking the end of the 10-year... More