Tesla likely to spend $3 billion-$4 billion on Nvidia hardware this year
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Morgan Stanley Reiterates Overweight Rating on Tesla (TSLA)
June 6, 2024 10:45 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Electric vehicle growth depends on a well-functioning electric grid with relatively affordable electricity prices. Teslas capability in distributed energy generation (solar) and storage... More
Goldman Sachs Reiterates Conviction Buy Rating on NVIDIA (NVDA) Following Mgmt Meet
June 5, 2024 3:14 PM EDTGoldman Sachs analyst Toshiya Hari reiterated a Conviction Buy rating and $1,200.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "We attended a group meeting with Founder, President and CEO Jensen Huang in Taiwan on the side of Computex 2024. Mr. Huang discussed his... More
NVIDIA (NVDA) BofA: NVDA best positioned to enable IT industry towards delivering AI services
June 5, 2024 6:42 AM EDTBank of America reinforced its bullish stance on NVIDIA (NASDAQ: NVDA) in a note Wednesday, calling it a "top sector pick" and maintaining a Buy rating and price target of $1,500 per share.
BofA cites a recent meeting with Nvidia executives who emphasized "very positive" demand and a growing customer base limited only by supply constraints. The firm sees Nvidia as "NVDA best positioned to... More
