Mizuho: Intel Stock Surges Thanks to Short Covering Trade in Semiconductor Industry

Mizuho: Intel Stock Surges Thanks to Short Covering Trade in Semiconductor Industry

Intel’s shares are experiencing a more than 5% increase, with no clear bullish drivers in sight. Mizuho analysts suspect that a short-covering operation is underway in the semiconductor sector, as evidenced by the recent rise in ARM, AMD, and ON stock prices. The firm suggests that hedge funds may be looking to reduce exposure to … Read more

Mizuho: Clear short cover trade in semis driving Intel rally

According to a report from Mizuho, Intel has experienced a rebound due to significant short-covering in the semiconductor market. This surge follows a period of decline, with Intel’s stock price dropping after facing challenges in the industry. Mizuho noted that this short-covering activity has helped boost Intel’s performance, signaling a positive turn for the company … Read more

Mizuho predicts that Amazon will continue to grow due to the advancement of AWS and the focus on artificial intelligence technology.

Mizuho predicts that Amazon will continue to grow due to the advancement of AWS and the focus on artificial intelligence technology.

Amazon’s cloud computing unit, Amazon Web Services (AWS), has been a major driver of the company’s recent success, with a recent survey indicating an acceleration in its growth. According to Mizuho Securities analyst James Lee, the survey conducted with a top channel partner revealed a faster sales cycle for AWS, with spending shifting towards infrastructure. … Read more

Mizuho predicts that Amazon will continue to see gains, especially in AWS, thanks to accelerated growth in artificial intelligence.

Mizuho predicts that Amazon will continue to grow due to the advancement of AWS and the focus on artificial intelligence technology.

Amazon was the focus of attention on Tuesday following a report from Mizuho Securities indicating a surge in the company’s cloud computing division, Amazon Web Services. The company’s shares saw a slight increase in premarket trading and have risen by more than 10.5% in the past month, pushing its market valuation beyond $2 trillion. The … Read more

IBM and Mizuho collaborate to trial Gen AI for managing IT incident responses

IBM and Mizuho collaborate to trial Gen AI for managing IT incident responses

Mizuho Financial Group is currently testing a generative AI application from IBM with the goal of speeding up the recovery process when IT disruptions occur within their banking systems. When an outage happens, it is crucial for operators to quickly and accurately identify the cause of the error in order to minimize downtime and resume … Read more

Mizuho predicts AWS growth will accelerate due to AI efforts, boosting Amazon’s gains.

Mizuho predicts that Amazon will continue to grow due to the advancement of AWS and the focus on artificial intelligence technology.

Amazon’s cloud computing unit, Amazon Web Services, has experienced a significant acceleration in sales, according to a recent survey conducted by Mizuho Securities. The survey, based on feedback from a leading channel partner, indicated an accelerated sales cycle and a shift towards infrastructure spending. Mizuho analyst James Lee maintained his Outperform rating on Amazon and … Read more

Mizuho predicts acceleration in AWS growth, boosting Amazon’s recent gains with focus on AI efforts.

Mizuho predicts that Amazon will continue to grow due to the advancement of AWS and the focus on artificial intelligence technology.

Amazon’s cloud computing unit, Amazon Web Services, has been experiencing accelerated growth according to a recent survey conducted by Mizuho Securities. The survey, which involved a leading channel partner, indicated an increased sales cycle and a shift towards infrastructure spending. Analyst James Lee maintained his Outperform rating and $240 price target on Amazon, noting that … Read more