BING-JHEN HONG Nvidia (NASDAQ:NVDA) is set to report fiscal third-quarter results tomorrow after the close of trading, but the company gave an update yesterday on its Blackwell line of GPUs, which appear to be “progressing smoothly,” Wells… Article Source https://seekingalpha.com/news/4306394-nvidias-blackwell-gpus-in-full-production-and-progressing-smoothly-wells-fargo
Here are Tuesday’s biggest calls on Wall Street: Loop initiates NXP Semiconductor as buy The firm said it’s bullish on the semiconductor company. “We are initiating coverage of NXP Semiconductor (NXPI) with a Buy rating and $300 PT. Like other… Article Source https://www.cnbc.com/2024/11/12/tuesdays-biggest-wall-street-analyst-calls-like-nvidia.html
We recently compiled a list of the 30 AI News Investors Should Not Miss. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against the other AI stocks. Artificial intelligence (AI) data centers are one… Article Source https://finance.yahoo.com/news/broadcom-inc-avgo-named-core-080256482.html
Investing.com — Reports over the weekend suggested that NVIDIA (NASDAQ:)’s DGX B200 system is being priced significantly higher than its predecessor, indicating a potential boost for the company’s upcoming Blackwell platform cycle. According to… Article Source https://www.investing.com/news/stock-market-news/reports-on-blackwell-pricing-a-positive-for-nvidia-wells-fargo-3662086
Amazon (AMZN) stock closed 3% lower Monday as Wells Fargo (WFC) analysts downgraded shares, noting that the company’s strength in the cloud services market won’t be enough to stave off other hurdles to its profit margins. Wells Fargo analyst Ken… Article Source https://finance.yahoo.com/news/amazon-stock-sinks-as-wells-fargo-downgrades-shares-200931181.html
(Bloomberg) — Amazon.com Inc. shares fell on Monday, following a rare analyst downgrade that cited concerns over margin trends into next year, which growth in the cloud computing business is unlikely to compensate for. Most Read from… Article Source https://finance.yahoo.com/news/amazon-cut-wells-fargo-warns-131217884.html
Wells Fargo recently adjusted its Signature Picks stock portfolio by reducing its overweight position in Nvidia from 6.8% to 5%. This move was made for “risk-taking purposes” according to the bank. Signature Picks is a diverse portfolio of stocks that reflect the top investment ideas from Wells Fargo’s research department. Nvidia, a leading tech company, … Read more
Cisco Systems saw its target price raised by analysts at Wells Fargo & Company from $52.00 to $57.00, with an “equal weight” rating on the stock. Other analysts have also provided their perspectives on Cisco Systems, with Needham & Company LLC reiterating a “hold” rating, UBS Group upgrading the stock to “neutral,” and StockNews.com upgrading … Read more