Jefferies analysts have found in their survey of 40 US CIOs that Microsoft Azure is gaining ground against Amazon Web Services in the cloud computing battle. The survey revealed a growing focus on cloud adoption and a slight preference for Azure, with more CIOs expecting cloud spending to increase by more than 10% in 2024 … Read more
Analysts at Jefferies are optimistic about Amazon (NASDAQ:AMZN) and have raised their price target to $235 per share from $225. They believe that strong growth in Amazon Web Services (AWS) and the advertising sector will drive the stock’s value. Jefferies notes that 71% of Amazon’s total enterprise value comes from AWS and advertising, indicating the … Read more
Analysts at Jefferies are bullish on Amazon (NASDAQ: AMZN) and have raised their price target to $235 per share from $225. The research note cited strong growth in Amazon Web Services (AWS) and the advertising sectors as key factors driving the optimism. The analysts reiterate their BUY rating on AMZN, highlighting the significant contribution of … Read more
Jefferies analysts recently conducted a survey of 40 US CIOs to assess the ongoing cloud computing battle between Microsoft Azure and Amazon Web Services (AWS). The survey results suggest that there is a growing focus on cloud adoption, with a slight preference for Azure emerging among CIOs. A key finding of the survey is the … Read more
Investing in India has become a hot topic in the business world, with two major players, Azure and AWS, battling it out for dominance in the cloud computing industry. According to a recent report by Jefferies, Azure has a slight lead over AWS in this competitive market. Azure, a cloud computing service provided by Microsoft, … Read more
According to a recent survey by Jefferies analysts, Microsoft Azure is gaining momentum in the competition with Amazon Web Services (AWS) in the cloud computing market. The survey of 40 US CIOs revealed an increasing focus on cloud adoption, with a slight preference for Azure over AWS. One of the key findings from the survey … Read more
Shares of NVIDIA rose on Tuesday after Jefferies analyst Blayne Curtis raised the price target on the chipmaker’s stock from $135 per share to $150 per share, representing a potential 25.5% increase. Despite the increase in price target, Jefferies maintained its “buy” rating on NVDA stock, which aligns with the consensus rating among analysts. Curtis … Read more
NVIDIA’s stock experienced a 5% decrease, but Jefferies remains optimistic, raising the price target to $150 from $135 with a Buy rating. They expect NVIDIA to capture a larger share of the AI market with Blackwell microarchitecture. Jefferies updated its estimates for NVIDIA’s GPU racks after an Asian tour, noting a 25% increase in supply … Read more