Good morning. Nvidia on Tuesday surpassed Microsoft to become the most valuable company in the world, reaching a market capitalization of $3.34 trillion to edge out Microsoft’s $3.32 trillion. In the first week of June, CEO Jensen Huang saw his firm hit a $3 trillion market cap for the first time, surpassing Apple. The Santa […]
It’s impossible to ignore the effect artificial intelligence (AI) has had on the technology landscape over the past year or so, and Nvidia (NASDAQ: NVDA) has been the standard bearer. The company’s chips are at the heart of the AI revolution, providing the computational horsepower that makes it all possible. This, in turn, has sent […]
A Notable Wall Street Analyst Just Upgraded This Dividend King With A 3.5%+ Yield Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Dividend stocks are making a comeback as investors understand the possibility of a higher-for-longer interest rate scenario and look for safe stocks that can […]
One of the big debates among Wall Street followers lately has been just how far Nvidia (NASDAQ: NVDA) stock can run. A new report from one analyst leads the charge on how high shares will go. Susquehanna senior semiconductor analyst Chris Rolland just raised his firm’s price target from $145 to $160 per share. That […]
By Nora Eckert DETROIT (Reuters) – Legacy U.S. automakers such as Ford Motor and General Motors should leave the China market to preserve capital amid the costly electric vehicle (EV) transition, a leading auto analyst said on Tuesday. “I think you have to see the [Detroit Three] exit China as soon as they possibly can,” […]
The Oracle of Omaha has set his sights on the oil industry. Berkshire Hathaway, the holding company helmed by investing titan Warren Buffett, has upped its stake in Houston-based Occidental Petroleum, buying up shares over the past nine trading days to bring its holdings to almost 29% of the firm, according to SEC filings. The […]
Apple downgraded, Kroger upgraded: Wall Street’s top analyst calls The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: BMO Capital upgraded Kroger (KR) to Outperform from Market Perform with […]
After a series of COVID-19 pandemic disruptions, ongoing geopolitical conflicts, and now a historic year in which more than 60 countries are holding elections, supply chain managers face a growing number of challenges. “I would actually say that we’re in a new era,” HSBC Americas head of global trade solutions Marissa Adams told Yahoo Finance […]
Analyst Beth Kindig says this AI chip company can overtake Nvidia with a “niche” advantage. – Getty Images Our call of the day from Beth Kindig, the lead tech analyst at the I/O Fund, who says investors are overlooking a hidden gem among the AI kingmakers. Kindig and her firm have a history of prescient calls. She […]
We recently published a list of 10 Biggest AI Stories and Ratings Updates You Should Not Miss This Week. Since NVIDIA Corp (NASDAQ:NVDA) ranks 3rd on the list, it deserves a deeper look. The Federal Reserve now expects just one rate cut in this year, and the market’s reaction to this development has been calmer-than-expected, […]
There’s no getting around the impact of artificial intelligence (AI) in tech circles since early last year, and Broadcom (NASDAQ: AVGO) is a key player in the space. The company’s semiconductors and data center infrastructure play a critical part in the AI ecosystem, which has lit a fire under the stock. Its price has nearly […]
Chipotle, McDonald’s initiated: Wall Street’s top analyst calls The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: Wolfe Research upgraded 3M (MMM) to Outperform from Peer Perform with a […]