Susquehanna analyst Christopher Rolland maintains NVIDIA (NASDAQ:NVDA) with a Positive and raises the price target from $850 to $1050.
Susquehanna analyst Christopher Rolland maintains NVIDIA (NASDAQ:NVDA) with a Positive Read Post »
Wedbush analyst Matt Bryson reiterates NVIDIA (NASDAQ:NVDA) with a Outperform and maintains $1000 price target.
Wedbush analyst Matt Bryson reiterates NVIDIA (NASDAQ:NVDA) with a Outperform Read Post »
Keybanc analyst John Vinh maintains NVIDIA (NASDAQ:NVDA) with a Overweight and maintains $1100 price target.
Keybanc analyst John Vinh maintains NVIDIA (NASDAQ:NVDA) with a Overweight Read Post »
Macquarie analyst Frederick Havemeyer maintains CrowdStrike Holdings (NASDAQ:CRWD) with a Outperform and maintains $370 price target.
Microsoft Says As Part Transition, Mikhail Parakhin & His Entire Team, Including Copilot, Bing, & Edge; Misha Bilenko & GenAI Team To Report To Mustafa; Kevin Scott Continues As CTO & EVP Of AI, Responsible For All-Up AI Strategy。
Alphabet’s (GOOG) Google said Tuesday it’s launching generative artificial intelligence tools targeting health care. “We’re bringing new capabilities to our models with the hope of making generative AI more helpful to health care organizations and people’s health,” Yossi Matias, Google vice president, engineering and research, said in a blog post. The company said it initially launched its AI model MedLM for chest X-ray classification projects. “We’re starting with chest x-rays because they are critical in detecting lung and heart conditions,” Matias said. MedLM for Chest X-ray is available to certain testers in an experimental preview on Google Cloud. The company is “researching how a version of the Gemini model, fine-tuned for the medical domain, can unlock new capabilities for advanced reasoning, understanding a high volume of context, and processing multiple modalities,” according to the blog post. Fitbit and Google Research units teamed up to build a personalized health AI model
Alphabet’s Google Launching AI Projects Targeting Health Care Read Post »
Nvidia’s (NVDA) new artificial intelligence graphics processor, Blackwell, leaves the company in a “very strong position,” Morgan Stanley said in a note to clients Tuesday. “It will take time to evaluate the performance claims for Blackwell, but if they hold up even directionally, our sense is that the company’s ability to raise the bar this much leaves them in a very strong position,” Morgan Stanley said. Amazon.com’s (AMZN) Amazon Web Services, Dell Technologies (DELL), Alphabet’s (GOOG, GOOGL) Google, Meta Platforms (META), Microsoft (MSFT) and Tesla (TSLA) are among the companies expected to adopt Blackwell, Nvidia said late Monday. “Just because there were no big surprises does not change the fact that competing with this roadmap, as a direct merchant competitor or a custom silicon provider, is going to be very difficult, particularly given Nvidia’s shift to an annual cadence,” Morgan Stanley said. The investment firm kept Nvidia’s overweight rating with
Nvidia in ‘Very Strong Position’ With Blackwell, Morgan Stanley Says Read Post »
Micron Technology is set to report fiscal second-quarter results after the market closes on Wednesday. Here’s what you need to know. NET LOSS: The Boise, Idaho-based company’s loss is expected to narrow to $469.3 million from $2.31 billion a year earlier, according to the consensus of 11 analysts polled by FactSet. REVENUE: The memory-chip maker’s revenue is seen rising nearly 45%, to $5.35 billion, in the quarter, according to 28 analysts polled by FactSet. The company has forecast revenue of $5.1 billion to $5.5 billion. ADJUSTED LOSS: Stripping out certain one-time items, Micron is expected to post a per-share loss of 25 cents, according to 28 analysts polled by FactSet. The company guided for a per-share loss of 21 cents to 35 cents. Shares rose about 19% throughout the second quarter and recently traded around $94.
Micron Technology 2Q Revenue Expected to Surge — Earnings Preview Read Post »
CrowdStrike Holdings (CRWD) and Zscaler (ZS) remain the “top cybersecurity picks” amid the “highly hostile threat landscape,” Macquarie said in a note Monday. The firm said that the fallout from the cyberattack against UnitedHealth Group’s (UNH) Change Healthcare unit in late February can still be felt. The cyberattack, which impacted more than 80% of hospitals in the US according to the note, prompted UnitedHealth to advance more than $2 billion to medical providers after restoring Change Healthcare’s electronic payments platform. Macquarie said it positively views the positioning of CrowdStrike and Zscaler “as core pillars of software-based zero-trust cybersecurity practices.” “We believe CrowdStrike’s best-of-breed endpoint security platform is ideally positioned to mitigate ransomware attacks, and we think Zscaler’s cloud-based network security solutions provide strong protection against attackers moving laterally within hybrid cloud environments,” the firm said.
CrowdStrike, Zscaler Remain ‘Top Cybersecurity Picks,’ Macquarie Says Read Post »
Micron Technology’s (MU) stock will continue to be supported over the next two years by an inclining gross margin that isn’t expected to peak until at least mid-2025, UBS said ahead of the chipmaker’s fiscal second-quarter print. The brokerage increased its price target on the stock to $120 from $95 and reiterated a buy rating in a note emailed Tuesday. UBS’s target values Micron at 2.5-times price to tangible book value, indicating that investors are willing to pay more than book value, the report showed. The bank raised its multiple from 1.9-times amid the expectation that recent volatility will translate to Micron being able to “hold a higher multiple” as the cycle shows duration. “We hear a lot of hand-wringing around valuation here but this is an output not an input and the stock has always continued moving higher alongside gross margin – which we don’t think peaks until at
Micron Technology’s Gross Margin Won’t Peak Until At Least Mid-2025, UBS Says Read Post »
By Aaron Tilley and Miles Kruppa Apple is looking to outside companies to help its artificial intelligence efforts. Apple has held discussions with Google and other AI software providers about using their technology to power the iPhone maker’s mobile features, said people familiar with the matter. The tech giant has talked to startups including Cohere and OpenAI as part of the discussions, some of the people said. It wasn’t clear how any potential deal would be structured or whether Apple would partner exclusively with one of the companies. Spokespeople for Apple, Google, OpenAI and Cohere declined to comment. The Cupertino, Calif.-based tech giant is under pressure to deliver more advanced features using the latest so-called generative artificial intelligence techniques. The potential of such software and its far-reaching implications have captured the focus and attention of various industries and set off an arms race among technology companies, primarily due to the
Apple Looks To External Partners to Boost AI Efforts — WSJ Read Post »
CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We boost our 12-month target to $110 from $94, on a P/E of 12.6x our CY 25 EPS view, near MU’s long-term historical average. We narrow our FY 24 (Aug.) loss per share estimate to $0.20 from $0.51 and raise FY 25’s EPS to $7.28 from $6.14. Ahead of Feb-Q results set to be released on 3/20, we see loss per share of $0.25 on $5.3B in revenue (implies +45% growth), as we think the recovery in memory is gaining momentum. We think MU remains well-positioned, given its strong DRAM exposure (over 70% of revenue), which is seeing a more favorable pricing landscape. We also like MU’s greater emphasis on DRAM servers that are higher priced (higher margin) as well as upside that can be seen from
CFRA Maintains Buy Opinion On Shares Of Micron Technology, Inc. Read Post »