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
BTIG has raised its price target for crypto miner Core Scientific Inc (NASDAQ:) to $15 from $10, citing new data center contracts and growth potential in the mining sector. BTIG’s BTC mining basket, comprising 14 companies, has an aggregate hash rate of about 138 EH, which represents 23% of theContinue 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
Roland Magnusson/iStock Editorial via Getty Images BenevolentAI (OTC:BAIVF) Tuesday said that AstraZeneca (NASDAQ:AZN) has added a novel target for systemic lupus erythematosus to its discovery portfolio through its collaboration with the company. This is the second target to be selected this year from the extended collaboration with AstraZeneca (AZN), highlightingContinue Reading
straga/iStock via Getty Images The European Union adopted a new package of sanctions on Russia over the war in Ukraine on Monday, which for the first time includes measures seeking to limit Russia’s ability to ship liquefied natural gas throughout the world. The measures will ban Russian LNG from beingContinue Reading
Herbert Pictures Airbus (OTCPK:EADSY) (OTCPK:EADSF) on Monday cut its delivery target to about 770 airplanes from roughly 800 for this year. The European aviation giant also pushed back its target for reaching production of 75 narrow-body airplanes a month by a year to 2027. The company also announced fresh chargesContinue Reading
JHVEPhoto Wolfe Research maintained its Outperform rating on Micron Technology (NASDAQ:MU) and raised the price target on the stock to $200 from $150. The analysts noted that they were raising estimates on Micron heading into the company’s report (earnings on Wednesday) on stronger industry conditions and optimism regarding high bandwidthContinue Reading
