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Snowflake’s stock upgraded
Snowflake’s stock advances on upgrade as AI ‘revolution’ hits its ‘next gear,’ one analyst says
Silicon Valley-based Snowflake is “in the sweet spot” to benefit from wider use of AI among businesses over the next 12 to 18 months, according to Wedbush analyst Dan Ives.
Snowflake Stock Rises as Wedbush Notes AI 'Sweet Spot' in Upgrade
Key Takeaways Wedbush upgraded Snowflake as the analysts predicted that the artificial intelligence software era is here.Wedbush said Snowflake was in the "sweet spot" to benefit from AI product demand.
Snowflake, Elastic Poised For AI Revolution Gains, Analyst Upgrades The Stocks
Wedbush Securities analyst Daniel Ives has significantly increased his optimism on the next phase of the AI revolution, focusing on its transformative impact on the software sector. The analyst projects a monumental shift driven by generative AI adoption,
Dell’s stock falls on weak guidance
Is Dell the Next Big-Time Artificial Intelligence (AI) Stock?
However, Dell also has a division within its company that builds data center servers, which have seen a massive boost in demand as the AI arms race continues. With another competitor potentially struggling in this realm, does it open the door for Dell to take a significant lead in this space?
Dell Stock Tumbles on Weak PC Sales. AI Server Strength Isn’t Enough.
Dell Technologies stock fell after the company posted worse-than-expected revenue for its October quarter late Tuesday.For its fiscal third quarter, the company reported revenue of $24.4 billion, below the Wall Street consensus of $24.
Dell’s stock falls on weak guidance, as more customers hold off for next-gen AI servers
The company is forecasting lower server sales, and blamed the shortfall on enterprise customers that are waiting to snap up new systems powered by Nvidia Corp.’s next-generation Blackwell graphics processing unit chips and therefore shifting to later orders, some of which won’t be reflected in the current quarter.
18h
on MSN
Billionaire Steven Cohen Just Raised Point72's Stake in This Under-the-Radar Artificial Intelligence (AI) Stock by 3,172%
Steven Cohen's hedge fund, Point72, made a massive splash during the third quarter after buying over 2 million shares in ...
2d
Nvidia Stock May Rise As Musk Aims To Buy $9 Billion In AI Chips
If Nvidia significantly exceeds conservative growth targets with help from Blackwell, the stock could rise despite slowing ...
19h
Autonomous-driving company Pony AI on deck for stock-market debut
Pony AI, which makes technology for robotaxis and autonomous trucks, is set to price its U.S. initial public offering as ...
23h
on MSN
Billionaire Israel Englander Sold 90% of His Palantir Stock and Is Buying an AI Stock Partnered With Amazon and Google
Billionaire Israel Englander is the founder and CEO of Millennium Management, the second-most profitable hedge fund in ...
1d
on MSN
A century-old land owner has seen its stock soar almost 200% this year amid a scramble for AI data centers
Investors are betting Texas Pacific Land Corp.'s huge swath of land will be key for tech giants looking for space and cheap ...
4d
on MSN
Google Will Survive AI and Breakup Calls. Why Alphabet Stock Could Gain 50%.
Google-parent Alphabet is facing pressure on two fronts—the government and a host of new AI-powered search rivals. It has the ...
5d
on MSN
Is This a Sign That SoundHound AI Is Becoming a Safer Stock to Buy?
It was a great vote of confidence in the up-and-coming voice AI business that the prestigious company invested in its ...
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