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Nvidia (NASDAQ: NVDA) is still one of the top stocks to own, according to analysts at Bernstein.
The firm, which reiterated an outperform rating on NVDA, says the data center opportunity is still significant and still early,
» Read more about: Wall Street Just Upgraded NVDA, AMZN, and MP Again »
Amazon (AMZN) will invest $50 billion to grow its AI offerings for the US government, the company said on Monday. The investment will include nearly 1.3 gigawatts of new data center capacity for Amazon’s AWS Top Secret, AWS Secret, and AWS GovCloud services.
Amazon stock rose more than 1% on the news.
» Read more about: Amazon to invest $50 billion in data centers to power US government AI efforts »
Amazon.com is planning to invest about $15 billion in Northern Indiana to build data center campuses, the tech giant said as it looks to boost its cloud computing capacity to support booming artificial intelligence demand.
The new data center project, which comes on top of an $11 billion outlay announced last year,
» Read more about: Amazon to invest $15 billion in Indiana to boost data center infrastructure »
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» Read more about: This Currency Will Soar as Recession, Fed Rate Cuts Loom | Macro Money »
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The past month’s mild stock market dip hasn’t dissuaded strategists at Morgan Stanley from raising their S&P 500 forecast for next year.
Mike Wilson, the financial giant’s chief investment officer, now thinks the S&P 500 will finish 2026 at 7,800 amid a “new bull market.”
With the leading index trading at 6,702.82 at time of writing,
SanDisk Corporation (NASDAQ: SNDK) delivered a powerful market performance on Monday, soaring 13.3% during regular trading and jumping another 9% after hours. The surge came after S&P Dow Jones Indices announced that the flash-memory leader will be added to the S&P 500 index. SanDisk is set to replace Interpublic Group of Companies Inc.
US stock futures hovered near the flatline Monday night as Wall Street looked to build on a broad tech-led rebound amid growing optimism that the Federal Reserve may deliver a rate cut next month.
Futures linked to the Dow Jones Industrial Average (YM=F) ticked down 0.1%,
An Airbnb logo (download app page) displayed on a smartphone is seen in L’Aquila, Italy, on september 9th, 2023. Some metropolises and countries are imposing restrictions on Airbnb hosts to protect the hotel industry. (Photo by Lorenzo Di Cola/NurPhoto via Getty Images)
NurPhoto via Getty Images
Airbnb (ABNB) may be a solid choice for your investment portfolio,
» Read more about: Market To Reward Airbnb Stock's Cash Yield? »
