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DELL Stock Shrugs Off Market Slump As Analysts See ‘Surging’ AI Demand After 'Blowout' Q2 Beat
BofA said demand “continues to outpace supply” and raised its Dell price target to $600 from $505.
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ORCL Stock Could Be Near A Turning Point, Says Jefferies As ‘Peak-Negative’ Investor Sentiment Sets In
Oracle stock was heading for a fourth consecutive decline Wednesday after losing more than 7% over the previous three sessions.
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Better Tech ETF for Artificial Intelligence: Vanguard's VGT with Broad Exposure or State Street XLK's Concentrated Mega-Cap Strategy
Key PointsThe Vanguard Information Technology ETF provides broader diversification with 310 holdings, whereas the State Street Technology Select Sector SPDR ETF focuses on 73 stocks...
Nasdaq News: Markets
Nvidia’s $3B Bet On SB Energy Anchors SoftBank Data-Center IPO Push – OpenAI Holds 3.9M Warrants
The investment adds to Nvidia’s recent push into other parts of the AI ecosystem, including its $3.5 billion MediaTek investment and reported $12.9 billion Hugging Face acquisition.
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Apple’s New CEO Needs To Find Its Next iPhone: ‘That’s Ternus’s Big Job,’ Says Futurum Group CEO
John Ternus takes over as Apple CEO on Tuesday, succeeding Tim Cook after more than a decade at the helm.
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Marvell CEO Calls Google Deal ‘Game Changing’ – Says Custom AI Chip Revenue Could Be ‘A Lot Larger’ Than Modeled
Marvell CEO Matt Murphy said Marvell’s custom revenue could be “a lot larger” than Wall Street is currently modeling, particularly from fiscal 2029 onward.
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WDAY Stock Downgraded Despite Q2 Beat – Analysts Flag Risk Of Another ‘Guide Down’
Capital One downgraded Workday to ‘Equalweight’ from ‘Overweight’ while keeping a $219 price target.
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NVDA Stock Posts Biggest Jump In 14 Months On $12 Trillion Valuation Call From Raymond James – ‘Supply Is The Primary Constraint’
Raymond James raised its Nvidia price target to $515 from $352, implying a market value of roughly $12.4 trillion if it reaches that level.
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CRM Stock Rips To 6-Month High In Biggest Single-Day Gain Since 2020: Analysts Call Salesforce Q2 ‘Narrative-Changing’
Wall Street analysts responded to Salesforce Q2 earnings with a wave of price-target hikes, with Raymond James setting the highest target at $310.
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CRWD Stock Sees Biggest Single-Day Surge In Over A Year: Wall Street Sees ‘Mythos Moment’ Boosting Cybersecurity Demand, But One Analyst Is Skeptical
Citi raised its price target to $260, the highest target among the analysts cited.
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