Jefferies, a well-respected financial services company, recently increased their target stock price for Amazon due to the strong performance of two key areas: Amazon Web Services (AWS) and advertising. This move reflects their confidence in the company’s ability to continue growing and generating revenue. AWS, Amazon’s cloud computing division, has been a major contributor to … 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
The S&P 500 and Nasdaq Composite closed at new all-time highs despite mixed price action, with the Russell 2000 also gaining while the Dow Jones Industrial Average fell slightly. Mega-cap stocks like Meta Platforms took a hit, affecting the communication services sector. Semiconductor stocks outperformed the broader market, with NVIDIA and Broadcom leading the gains … Read more
Recently, a group of Chinese hackers known as Velvet Ant has been identified as exploiting a zero-day vulnerability in new Cisco devices. The hackers, believed to be state-sponsored, have been using this vulnerability to gain unauthorized access to these devices and potentially carry out cyber attacks. The zero-day vulnerability allows the hackers to bypass security … Read more
The traditional method of provisioning load balancers directly from clusters in Kubernetes may not always align with the application architecture, leading to a need for an alternative mechanism. TargetGroupBinding, a custom resource in Kubernetes, allows users to route traffic from existing clusters to services without the need to provision new load balancers. This approach supports … Read more
Cisco has issued a warning regarding a campaign named ArcaneDoor, involving state-linked hackers engaged in espionage activities. The campaign targets perimeter network devices manufactured by Cisco, as well as potentially other companies, with malicious attacks dating back to late 2023. The threat actor has been identified by Cisco Talos as UAT4356 and by Microsoft as … Read more
Wall Street’s continued fascination with NVIDIA (NASDAQ:NVDA) stocks persists following Truist’s decision to raise its target price from $128 to $140 per share, representing a 13% increase from current levels. This adjustment comes at a time when Nvidia recently surpassed Microsoft (NASDAQ:MSFT) as the world’s most valuable publicly traded company. Truist, however, believes that despite … Read more
Bank of America analyst Vivek Arya has increased his price target for Broadcom, predicting that the semiconductor company’s sales growth will double as a result of the AI trend. Arya now believes the stock could rise by 30% to $2,150, making it his top pick. He expects sales growth to increase to a compound annual … Read more
An analyst recently updated their price target for Amazon stock after the company’s shares reached a new all-time high. The analyst’s revision comes as the e-commerce giant continues to see strong growth despite increased competition in the market. The updated price target reflects the analyst’s belief that Amazon’s stock could continue to rise in the … Read more