Midday movers: Microsoft, AMD, Boeing, and more
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December 29, 2023 9:10 AM EST
Wedbush analyst Daniel Ives said in a note to clients covering the tech sector on Friday that Apple (NASDAQ: AAPL) remains its Top Tech Pick.
Ives claims in the note that the "'iPhone China demise narrative' was a great fictional... More
December 28, 2023 12:09 PM EST
Plane manufacturing giant Boeing (NYSE: BA) has urged airlines to inspect more recent 737 MAX aircraft for a possible loose bolt in the rudder control system, the Federal Aviation Administration (FAA) said.
Under consultation with the FAA, Boeing is said to have issued a... More
December 28, 2023 8:41 AM EST
(Updated - December 28, 2023 9:55 AM EST)
Wedbush raised its price target for tech giant Microsoft (NASDAQ: MSFT) to $450 from $425 in a note to clients Thursday, maintaining its Outperform rating on the stock. Analyst Daniel Ives declared in his note that Microsoft's "'iPhone moment' is here."
Wedbush, which sees Microsoft as one of the best ideas for 2024, said the iPhone moment is based on the fact that artificial intelligence (AI) monetization is set to change the... More
