Straits Times Index
3,297.55 -26.98 (-0.81%) Nikkei
38,814.56 +94.09 (+0.24%) Hang Seng
17,941.78 -170.85 (-0.94%) FTSE 100
8,146.86 -16.81 (-0.21%) Bitcoin USD
66,242.55 +131.66 (+0.20%) CMC Crypto 200
1,374.54 -43.33 (-3.06%)
NVDA Jul 2024 1180.000 put
- Investing.com
5 big analyst AI moves: Apple stock lifted to Buy as AMD, Adobe get downgraded
Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. Analysts at wealth management firm D.A. Davidson upgraded Apple (NASDAQ:AAPL) stock from Neutral to Buy this week after the iPhone maker introduced its much-anticipated AI strategy. According to the firm’s analysts, “AI now stands for Apple Intelligence,” which is the name of the company’s artificial intelligence platform unveiled at the WWDC event.
- Fortune
Nvidia alone accounts for more than a third of the S&P 500’s gains this year—and it’s a big risk for investors, top economist warns
"The bottom line is that the extreme concentration of returns in the S&P 500 makes investors more vulnerable to single headlines impacting the one stock driving index returns."
- Fortune
Cathie Wood’s stunning new $2,600 Tesla prophecy and Wall Street’s Nvidia stock prediction share an often overlooked investing truth
Baked into the expectations for Tesla and Nvidia stock are the vision that a single player will dominate a revolutionary industry, facing little competition, virtually in perpetuity.
