Cyngn Increases Commercialization of AI-Powered Autonomous Vehicle Solutions in 2023
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- S&P 500 ends lower; chips tumble and Moderna rallies
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- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
- Needham Starts NeoVolta (NEOV) at Buy
- TD Cowen: 'Sober View Suggests Structural Alcohol Risks Are Overblown'
- Two major earthquakes strike Venezuela, killing at least 32 and injuring hundreds
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- Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
January supply chain checks favor these chip stocks
January 25, 2024 6:00 PM ESTKey Bank recently conducted its quarterly supply chain check, providing insights into the current state of various tech markets. The findings present a mixed picture, with both positive and negative trends across different segments.
In the face of a challenging environment, widespread end-demand trends continue to exhibit weakness. The automotive and industrial markets are grappling with inventory destocking, contributing to an overall subdued demand. Key Bank's analysis reveals that the PC market remains stagnant, while Android smartphones are managing to sustain demand. On the flip side, iPhones are encountering... More
NVIDIA target lifted at CFRA as investors are 'underestimating software revenue potential'
January 23, 2024 9:44 AM ESTThe NVIDIA (NASDAQ: NVDA) price target was raised to $700 from $00 at CFRA Research on Tuesday, with analyst Angelo Zino maintaining a Buy rating on the stock.
Zino told investors in a note that they are keeping their FY 24 (January) EPS estimate at $12.29 but... More
NVIDIA (NVDA) PT Raised to $700 at CFRA
January 23, 2024 8:04 AM ESTCFRA analyst Angelo Zino raised the price target on NVIDIA (NASDAQ: NVDA) to $700.00 (from $600.00) while maintaining a Buy rating.
The analyst comments "
We raise our 12-month target price to $700 from $600, on P/E of 29x our CY 25 EPS view, above peers... More
