Big Tech is paying for the AI boom, and chipmakers are cashing in: Chart of the Day
Wall Street knows Big Tech can spend on artificial intelligence. The harder question is how quickly that spending…
Meta Stock Surges as Hidden AI Cost Breakthrough Stuns Wall Street
This article first appeared on GuruFocus. Meta Platforms (NASDAQ:META) shares climbed about 3% early Friday after a BofA…
SpaceX positioned as “foundational enabler” of space economy, BofA says
SpaceX Corp (NASDAQ:SPCX) just picked up a bullish new voice on Wall Street as Bank of America initiated…
AMD, ARM, INTC, NVDA Get A Fresh AI Tailwind
BofA raised AMD’s price target to $560 from $500 and reiterated its Buy rating, while naming NVDA its…
2 Things Are Driving US Economic Growth and the Iran War Threatens Both
The US economy is increasingly reliant on just two things to drive continued growth and the Iran war…
Bank of America Finds AI Has Limited Impact on US Employment
Artificial intelligence (AI) is fueling American economic growth, though its effect on employment is limited. That’s according to…
Stock Market Flashing 3 Signs a Drop Could Be Coming, BofA Says
The stock market is flashing a handful of signs that the latest rally may be about to reverse…