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Nvidia’s Unusual Move Please click here for an enlarged chart of NVIDIA Corp (NASDAQ:NVDA). Note the following: The chart shows that NVDA gapped up above the low band of Zone 1 (resistance). RSI on the
Read original at benzingaAmazon stock fell nearly 2% despite bullish analyst forecasts predicting AWS revenue will top $335 billion behind surging AI cloud demand.
Read original at benzingaMajor hedge funds including Peter Thiel's fund, David Tepper's Appaloosa Management, and others loaded up on Amazon, Alphabet, and Taiwan Semiconductor during Q2. Amazon's AWS grew 37% YoY, Alphabet's Google Cloud surged 82%, and TSMC benefits as the world's largest chip supplier for AI computing. All three stocks are positioned as strong AI investment opportunities.
Read original at the-motley-foolCitigroup analyst Tyler Radke maintains Salesforce (NYSE:CRM) with a Neutral and raises the price target from $204 to $233.
Read original at benzingaSalesforce stock surged 22% this week after beating Q2 2027 earnings expectations with $11.35B in revenue versus $11.32B expected, and posting $4.29 diluted EPS versus $3.27 anticipated. The company raised its fiscal 2027 revenue guidance to $46.1-$46.4B and EPS guidance to $10.21-$10.25, prompting analysts to raise price targets. At 12.1x operating cash flow versus its five-year average of 18.3x, the stock is considered undervalued.
Read original at the-motley-foolSnowflake shares are trading higher Thursday alongside Salesforce, which posted stronger-than-expected Q2 results and raised its FY outlook.
Read original at benzinga