Sundry Photography Arista Networks (NYSE:ANET) was in focus on Thursday as Citi upped its price target, citing a rising opportunity in artificial intelligence. Shares rose fractionally in premarket trading Though InfiniBand is thought to take the majority of the AI networking market, Ethernet is clearly gaining share as well andContinue Reading
Sundry Photography/iStock Editorial via Getty Images MongoDB (NASDAQ:MDB) and Elastic (NYSE:ESTC) shares were in focus on Wednesday as Citi said it’s buying the pullback in enterprise software stocks, with the two among its top picks in the space. MongoDB shares rose 4.1% wile Elastic was up around 0.5% in earlyContinue Reading
Dmitry Vinogradov Following a sharp rally last week on FDA label expansion for its muscle disorder therapy Elevidys, Sarepta Therapeutics (NASDAQ:SRPT) continued to trade lower in the premarket Wednesday as Citi downgraded the stock based on valuation. The shares of the Cambridge, Massachusetts-based biotech surged more than 30% on FridayContinue Reading
BING-JHEN HONG Nvidia (NASDAQ:NVDA) was in focus on Wednesday as Citi raised its price target on the semiconductor giant, citing its plans for 2025 to build its GB200 GPUs in both the NVL36 and 76 configurations. Shares rose 2% in premarket trading. Although the major cloud service providers account forContinue Reading
