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☆ Here's what analysts are saying about Nvidia earnings
▼ + stars: | 2024-11-21 | by ( Meghan Morris | Chris Johnston | ) www.businessinsider.com time to read: +4 min

CEO Jensen Huang said more Blackwell chips will be delivered this quarter than previously estimated. Nvidia delivered another strong set of quarterly results on Wednesday, sparking positive initial reactions among the company's analysts. Nvidia observers were keeping a close eye on any mention of Blackwell chips, the popular next-generation chips in high demand. Nvidia will deliver more Blackwell chips this quarter than previously estimated, Huang said, and demand exceeds supply as expected. AdvertisementHSBC analysts wrote in a note that they expect "significant" earnings upside for the 2026 financial year despite gross margin pressure.

Persons: Jensen Huang, Blackwell, Trump, aren't, Robert Lea, Huang, Dan Ives, AI Jensen, Konstantin Oldenburger, Stephen Yiu Organizations: Nvidia, Bloomberg Intelligence, Wedbush Global Tech Team, CMC Markets, Deutsche Bank, HSBC, Bloomberg Locations: Asia

☆ Apple will hit a $4 trillion market cap in 2025 as the iPhone 16 sparks big upgrade cycle, Wedbush says
▼ + stars: | 2024-09-10 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Apple's iPhone 16 launch will drive the company to a $4 trillion valuation by 2025, Wedbush said. Pent-up demand and unchanged prices are set to fuel iPhone 16 sales, especially in China, Ives said. AdvertisementApple's upcoming launch of the iPhone 16 will help catapult the company to a $4 trillion valuation in 2025, according to Wedbush Securities. That pent-up demand among iPhone users who need a new phone will ultimately help fuel iPhone 16 unit sales of 240 million in 2025, he predicted. Apple stock is down about 1.5% since it unveiled its iPhone 16 lineup on Monday.

Persons: Wedbush, Dan Ives, Ives, — Organizations: Service, Wedbush Securities, Apple Intelligence, Apple, Baidu Locations: China, Asia

☆ Apple stock has 17% upside because the AI revolution will have to run through its hardware, Wedbush says
▼ + stars: | 2024-07-08 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Apple's upcoming AI upgrade will trigger a surge of app interest, Wedbush Securities said. Its new Apple Intelligence will make the firm the "gatekeeper" of AI customers, the note said. Meanwhile, the iPhone 16 upgrade will prompt an upgrade cycle this fall. Encouraging the outlook is an improving demand in China, and an iPhone growth turnaround will likely begin by September, he said. The "massive" upgrade cycle puts Apple on route to a $4 trillion market capitalization.

Persons: —, Dan Ives, Ives, Steve Eisman Organizations: Wedbush Securities, Apple Intelligence, Service, Apple, Worldwide, Conference, Google, Ives, CNBC Locations: that's, Cupertino, It's, China, Asia

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Meta, PNC, Domino's, Charles Schwab, Roblox, SolarEdge & more
▼ + stars: | 2024-07-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Monday's biggest calls on Wall Street: UBS reiterates Nvidia as buy UBS raised its price target on Nvidia to $150 per share from $120. Stifel upgrades Ecolab to buy from hold Stifel said it's bullish on shares of the food safety company. KBW upgrades Charles Schwab to outperform from market perform KBW said it's getting bullish on shares of Charles Schwab. Wells Fargo reiterates Meta as overweight Wells raised its price target on Meta to $625 per share from $593. Wells Fargo reiterates Roblox as overweight Wells raised its price target on the stock to $43 per share from $41 ahead of earnings on August 1.

Persons: Stifel, it's, Morgan Stanley, Charles Schwab, KBW, Guggenheim, ServiceNow, Wells, Riley, Emerson, Redburn, Wolfe, JPM, Raymond James, Gilead, Bumble, TD Cowen, Oppenheimer, Jefferies, Baird, Wedbush, RBLX Organizations: UBS, Nvidia, Taiwan Semiconductor, Meta, PNC, Bank of America, underperform Bank of America, Medicines, NSC, Apple, JPMorgan, Disney Locations: 2H24, Columbia, Norfolk, Asia

Apple (AAPL), Amazon (AMZN) and Nvidia (NVDA) made news heading into the end of this holiday shortened trading week. AAPL YTD mountain Apple (AAPL) year-to-date performance The news: Apple smartphone sales in China reportedly lagged those of Hauwei and Xiaomi during the country's recent Singles Day shopping event. Yes, there is smartphone competition to the iPhone in China, but Apple remains an aspirational brand there (and everywhere) because of its pricing, product quality and closed ecosystem. Nvidia garners around 20% of its revenue from China, and continues to face competition from Chinese companies like Huawei. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Daniel Ives, Ives, we're, it's, Jim Cramer's, Jim Cramer, Jim Organizations: Apple, Nvidia, Reuters, Counterpoint Research, Huawei, Xiaomi, Miami Dolphins, New York Jets, National Football, NFL, Amazon, CNBC, Getty Locations: China, Asia, India, Taipei, Taiwan

☆ Asia shares brace for rate hikes, earnings rush
▼ + stars: | 2023-01-30 | by ( Wayne Cole | ) www.reuters.com time to read: +4 min

Asia has been no slouch either as China's swift reopening bolsters the economic outlook, with MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) up 11% in January at a nine-month high. "We also look for him to continue to push back against market pricing of rate cuts later this year." "Based on our recent Asia supply chain checks we believe iPhone 14 Pro demand is holding up firmer than expected," they added. Market pricing of early Fed easing has been a burden for the dollar, which has lost 1.5% so far this month against a basket of major currencies. read moreEarly Monday, Brent was up 79 cents at $87.45 a barrel, while U.S. crude rose 66 cents to $80.34.

☆ Apple gets its price target slashed by nearly 13% at Wedbush, but it says the tech giant's demand story still looks more resilient than Wall Street believes
▼ + stars: | 2023-01-04 | by ( Carla Mozée | ) www.businessinsider.com time to read: +4 min

Apple's price target was cut by more than 12% to $175 at Wedbush Securities on Wednesday. Demand headwinds are creeping into Apple's growth story but the overall picture is more resilient than Wall Street is seeing, the firm said. It cut its price target on Apple by 12% to $175 from $200 and held onto its outperform rating. Meanwhile, Apple's underlying demand story still has more than 200 million iPhone units that haven't been upgraded in about four years. The new $175 price target reflects a more base-case valuation in an uncertain environment with some demand headwinds starting to creep into Apple's growth story, said Ives.

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