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Search resuls for: "Davidson's Gil Luria"


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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAWS is now catching up with AI and 'in a position to lead', says D.A. Davidson's Gil LuriaGil Luria, D.A. Davidson senior analyst, and Tom Forte, Maxim Group managing director, join 'Closing Bell Overtime' to talk Amazon quarterly results.
Persons: Davidson's Gil Luria Gil Luria, D.A, Davidson, Tom Forte Organizations: AWS, Maxim Group
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why D.A. Davidson's Gil Luria believes Amazon still has room to runGil Luria, D.A. Davidson senior software analyst, joins 'Squawk on the Street' to discuss his take on the recent shareholder letter from Amazon, how much room Amazon has to cut costs, and more.
Persons: Davidson's Gil Luria, Amazon, Gil Luria, D.A Organizations: Davidson
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Jefferies' Brent Thill and D.A. Davidson's Gil LuriaBrent Thill, Jefferies tech research analyst, and Gil Luria, D.A. Davidson senior software analyst, join 'Squawk on the Street' to discuss the sentiment from clients on mega-cap tech, the difference between semiconductors and software stocks, and more.
Persons: Jefferies, Brent Thill, Davidson's Gil Luria Brent Thill, Gil Luria, D.A Organizations: Jefferies, Davidson
Investors may want to keep an eye on this artificial intelligence voice-and-speech recognition stock with ties to Nvidia . Shares of SoundHound AI have surged almost 170% this year and nearly 347% in February alone as investors bet on new applications for the booming technology trend that has taken Wall Street by storm. SOUN YTD mountain SoundHound shares in 2024 While the Nvidia investment isn't new news for investors and analysts, it does reinforce SoundHound's value proposition. "With voice enabled units expected to grow to 70% of shipments by 2026, this represents a significant growth opportunity, in our view," he added. He estimates an $11 billion total addressable market when accounting for the immediate opportunities from quick-service restaurants and original equipment manufacturers.
Persons: Dan Ives, Ives, SoundHound, Ladenburg Thalmann's Glenn Mattson, Krispy, Davidson's Gil Luria, Cantor Fitzgerald's Brett Knoblauch, Wainwright's Scott Buck Organizations: Nvidia, Wedbush Securities Locations: Krispy Kreme, Jersey
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft CEO Nadella 'made all the right chess moves' with OpenAI, says DA Davidson's Gil LuriaConnie Loizos, TechCrunch general manager and editor-in-chief, and Gil Luria, DA Davidson, join 'Closing Bell Overtime' to talk the abrupt departure of Sam Altman from OpenAI, Microsoft's response, and what this means for the AI space as a whole.
Persons: Nadella, OpenAI, Davidson's Gil Luria Connie Loizos, Gil Luria, DA Davidson, Sam Altman Organizations: Microsoft, TechCrunch Locations: OpenAI
Shares of Palantir have surged 181% this year as investors bet on its potential in the booming artificial intelligence race. The company, founded in 2003, is already making strides in AI, even lending its tools to hospitals . In its latest earnings release in early May, CEO Alex Karp called demand for Palantir's AI platform, which allows commercial and government sectors to use LLMs with their own private data, "without precedent." While some analysts see promise in Palantir's AI capabilities, many remain cautious on the immediate profit contribution of the technology and view the stock as ripe for a pullback. In a note to clients in May, Morgan Stanley's Keith Weiss noted that the rally in Palantir shares and premium valuation creates an unfavorable near-term risk-reward.
Persons: Palantir, Alex Karp, Malik Ahmed Khan, Davidson's Gil Luria, Raymond James, Brian Gesuale, Morgan Stanley's Keith Weiss, Karp, Morningstar's Khan, Mizuho's Matthew Broome, Davidson's Luria, — CNBC's Michael Bloom Organizations: Wall, Nvidia, billings Locations: Denver
Analysts say Shopify's products offer a much better value than their competitors'. He added that many merchants pay more in fees for third-party apps and add-ons than they do for a Shopify subscription. With those fees in mind, an increase to the monthly subscription fee would seem relatively small, Pfau argued. Luria said that it's possible Shopify's price hikes could "upset smaller merchants for whom this is a big expenditure," particularly amid inflation and economic uncertainty. Shopify's price hikes come as the company makes changes to its leadership team.
Microsoft may be facing some near-term pressures, but most analysts think the stock remains a buy at current levels. Radke has a buy rating on the stock, and raised his target price slightly to $282 from $280. His $300 price target represents more than 23% upside from Tuesday's closing price for the stock. Davidson's Gil Luria was especially bullish on Microsoft, saying that the tech giant "deserves a premium valuation relative to the market and its Pac4 comparables." He lowered his price target to $265 from $267.
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