Corporate profitability set to weaken - JPMorgan
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NVIDIA (NVDA) PT Raised to $985 at Tigress Financial Partners
February 28, 2024 4:55 PM ESTTigress Financial Partners analyst Ivan Feinseth raised the price target on NVIDIA (NASDAQ: NVDA) to $985.00 while maintaining a Buy rating.
The analyst comments "We reiterate our Buy rating on NVDA and increase our 12-month target price to $985 as it remains at the forefront of the ongoing acceleration and tipping point of AI adoption across all industries and enterprises that will continue to drive significant revenue and cash flow growth and greater shareholder value creation. NVDA recently reported Q4 revenue increased 256% Y/Y to a record $22.1 billion, driven by accelerated computing and... More
Bernstein answers: Is the Google Search empire crumbling?
February 27, 2024 2:00 PM ESTThe rise of artificial intelligence has posed questions about the future of Alphabet's (NASDAQ: GOOGL) Google Search business, and in a note Tuesday, analysts at Bernstein questioned whether the company's Search empire is crumbling.
Bernstein said that being one of the few neutral-rated analysts on the Street, they feel qualified to "defend a suddenly mistake-ridden Google."
"Google is a company... More
Cathie Wood's Ark Invest continues to take profits in NVIDIA (NVDA)
February 26, 2024 7:52 AM ESTArk Invest CEO Cathie Wood revealed in a tweet Monday that her firm continues to take profits in NVIDIA (NASDAQ: NVDA).
As the artificial intelligence rally intensifies, Wood has been trimming her firm's holdings in the chip company after a more... More
