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Mizuho initiated Home Depot with a buy rating, calling for roughly 10% upside. The bank upgraded shares of the industrial equipment manufacturer to a buy rating. Analyst Manav Gupta also lifted his price target to $170 from his prior target of $152. Analyst Gavin Parsons reiterated his buy rating on the stock and price target of $275. The bank initiated coverage of the home improvement stock at a buy rating, setting a price target of $415.

Persons: Mizuho, Manav Gupta, Howden, Gupta, GTLS, — Lisa Kailai Han, Gavin Parsons, Parsons, Fred Imbert, David Bellinger, Bellinger, Wells Fargo, Aaron Rakers, Goldman Sachs, Toshiya Hari, Bernstein's Stacy Rasgon, Taylor Swift, Jensen, Huang Organizations: CNBC, UBS, Boeing, Nvidia, Industries, YE2026E, Department of Energy, Alaska Airlines, Mizuho, SAP Center, Blackwell, ~$ Locations: Howden, GTLS, Mizuho, San Jose

☆ All the big Nvidia calls after AI conference: Goldman raises target to $1,000, JPMorgan sees 'dominance'
▼ + stars: | 2024-03-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Goldman Sachs Goldman Sachs' Toshiya Hari joined a handful of analysts turning more bullish on the chipmaker following the keynote event, boosting the firm's price target to $1,000 from $875. Wells Fargo Wells Fargo analyst Aaron Rakers said Nvidia didn't shock investors with any unexpected updates, but he still raised his price target to $970 from $840. Sur retained his overweight rating and $850 price target. The analyst retained his $1,100 price target and buy rating, citing the company's ongoing leadership within the AI value chain. The analyst retained his outperform rating and $1,000 price target, calling the company's ongoing expansion beyond chips "unmatched."

Persons: Jensen, Blackwell, Hopper, Huang, Morgan Stanley, Joseph Moore, Goldman Sachs Goldman Sachs, Toshiya Hari, Hari, bode, Aaron Rakers, NVDA, Morgan Stanley Morgan Stanley's Joseph Moore, Moore, Harlan Sur, Sur, Bank of America's Vivek Arya, Bernstein, Bernstein's Stacy Rasgon, Taylor Swift Organizations: Nvidia, Wall, Blackwell, Micron Technology, JPMorgan, NVIDIA, Bank of America, Bank of America's, SAP Center Locations: 2H24, Wells Fargo Wells Fargo, San Jose

☆ Nvidia's CEO unveils the next AI chip that tech companies will be scrambling for — meet 'Blackwell'
▼ + stars: | 2024-03-18 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

Nvidia's CEO Jensen Huang unveiled its next-generation chip today. The Blackwell chip, named after statistician David Blackwell, is much faster than its predecessor. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementNvidia CEO Jensen Huang unveiled the Blackwell chip — a next-generation AI chip succeeding its massively in-demand H100, which has served as a backbone of sorts amid an AI gold rush. The Blackwell chip, named after statistician and mathematician David Blackwell, is at least two times faster than its predecessor, Huang said in his keynote at the GPU Technology Conference (GTC) Monday in San Jose, California.

Persons: Jensen Huang, Blackwell, David Blackwell, —, Huang Organizations: Service, Blackwell, GPU Technology Conference, Business Locations: San Jose , California

☆ Nvidia is kicking off its big AI event at a sports arena. Here's how to watch.
▼ + stars: | 2024-03-18 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

Nvidia CEO Jensen Huang is kicking off the "Woodstock of AI" in a keynote speech Monday. Analysts predict Nvidia will reveal new graphics processing chips that could transform the AI industry. AdvertisementNvidia is kicking of its massive AI event at a California sports arena on Monday. The event has been dubbed the "Woodstock of AI" and Nvidia CEO Jensen Huang is its rockstar headliner. The hype surrounding Huang's speech, and what he will reveal about the future of AI technology, is enormous.

Persons: Jensen Huang, —, Jensen, hough, ike C, penAI's Organizations: Nvidia, Service, rockstar, GPU Technology Conference, Wall Locations: Woodstock, California, San

☆ Stock market today: US stocks rally ahead of Nvidia's big AI event and as traders prep for Fed meeting
▼ + stars: | 2024-03-18 | by ( Matthew Fox | ) www.businessinsider.com time to read: +1 min

Technology led the stock market higher on Monday as investors await Nvidia's big AI event. Nvidia is set to unveil its new GPU products like the B100 at its annual conference. The Fed will kick off its two-day policy meeting Tuesday, with markets expecting rates to be unchanged. AdvertisementUS stocks jumped on Monday, led by the technology sector, as investors await Nvidia's big AI conference. AdvertisementFollowing the AI-fueled excitement, investors will be turning their attention to the Federal Reserve's two-day policy meeting set to begin on Tuesday.

Persons: Jensen Huang, Huang, Jerome Powell's Organizations: Technology, Nvidia, Federal, Here's

☆ Disney gets a win in Nelson Peltz board fight. 2 other portfolio stocks mount comebacks
▼ + stars: | 2024-03-18 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Disney gets a win : A major proxy advisor weighed in on the Disney -Trian board battle. Glass Lewis said Monday it recommends Disney shareholders vote for the company's director nominees and not the slate forth by Trian's Nelson Peltz. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Glass Lewis, Trian's Nelson Peltz, Jay Rasulo, Nelson, Mondelez, Heinz, Jim, DuPont, Jim said, Stephanie Cohen, Goldman Sachs, Cohen, Jensen Huang, Jensen's, Jim Cramer's, Spencer Platt Organizations: CNBC, Nvidia, Apple, Disney, Procter & Gamble, GE Healthcare, General Electric, GE, Evercore, DuPont, Protection, Samsung, Taiwan Semiconductor Manufacturing, PepsiCo, Constellation Brands, Citi, GEHC, Traders, New York Stock Exchange, Getty Locations: China, New York City

☆ Stocks making the biggest moves midday: Nvidia, Apple, Alphabet, PepsiCo and more
▼ + stars: | 2024-03-18 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Investors see the event as a bellwether for artificial intelligence, as Nvidia is expected to unveil new products and updates. Alphabet , Apple — Shares of the Google parent company gained nearly 7% following a Bloomberg report that said Apple was discussing licensing Alphabet's Gemini artificial intelligence engine into the iPhone. Apple climbed roughly 2%. PepsiCo — The beverage stock rose nearly 4% after an upgrade to overweight from equal weight by Morgan Stanley . PepsiCo's business fundamentals should bottom out early this year and then rebound in the second half, according to Morgan Stanley.

Persons: Apple, Tesla, Morgan Stanley, Uber, — CNBC's Pia Singh, Jesse Pound Organizations: Nvidia —, Conference, Investors, Nvidia, National Association of Realtors, realtors ., —, Google, Bloomberg, Apple, Taiwan Semiconductor Manufacturing, Reuters, Bank of America, PepsiCo, Technologies Locations: San Francisco, Japan

☆ Stocks making the biggest moves premarket: Google, HashiCorp, Nvidia and more
▼ + stars: | 2024-03-18 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Google — Alphabet Class A shares were trading 5.6% higher following a Bloomberg report that said Apple is in talks with Google to license and build its Gemini artificial intelligence engine into future iPhones. Nvidia — The stock moved 2.7% higher ahead of its highly-anticipated GTC Conference , where the chipmaker is expected to announce various AI updates. HashiCorp — Shares jumped 9.8% on news that the San Francisco-based software provider has been considering options including a sale. Taiwan Semiconductor Manufacturing — The U.S.-listed shares gained 1.5% after a Reuters report , citing sources familiar, said Taiwan Semiconductor is deliberating building advanced packaging capacity in Japan. Tesla — Shares rose 3.2% even after Goldman Sachs cut its price target on Tesla by $30 to $190 as the electric vehicle maker faces issues with rising competition and slower demand.

Persons: Apple, Goldman Sachs, Morgan Stanley, —, Alex Harring, Samantha Subin, Jesse Pound, Brian Evans, Yun Li, Sarah Min, Michelle Fox Theobald Organizations: Bloomberg, Google, Nvidia, Conference, HSBC, Taiwan Semiconductor Manufacturing, Taiwan Semiconductor, Tesla Locations: San Francisco, U.S, Taiwan, Japan

☆ Stock futures are little changed as investors digest news from Nvidia's AI conference: Live updates
▼ + stars: | 2024-03-18 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Stock futures were little changed on Monday after a bounce back in tech shares ahead of Nvidia's inaugural artificial intelligence conference. Heading into Tuesday, Nvidia shares showed signs of cooling as investors shift their focus to the Federal Reserve's two-day policy meeting. Futures tied to the S&P 500 slipped 0.12%, while Dow Jones Industrial Average futures slid 8 points, or 0.02%. AI leader Nvidia pulled back roughly 1% in extended trading, as investors evaluate the news from its first-ever GTC Conference. Wall Street is awaiting guidance on the path forward for monetary policy as the Federal Reserve begins its two-day policy meeting on Tuesday.

Persons: Jensen Huang, Blackwell, iPhones, Sam Millete Organizations: Nvidia, Federal, Dow Jones Industrial, Nasdaq, Conference, Tech, Google, Apple, Bloomberg, stoke, Federal Reserve, Commonwealth Financial Network

☆ Futurum Group's Daniel Newman on Nvidia's momentum, headwinds and GTC 2024
▼ + stars: | 2024-03-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFuturum Group's Daniel Newman on Nvidia's momentum, headwinds and GTC 2024The Futurum Group CEO Daniel Newman and CNBC's Steve Kovach join 'Power Lunch' to discuss Nvidia's room to continue to run and its upcoming event.

Persons: Group's Daniel Newman, Daniel Newman, Steve Kovach Organizations: Futurum

☆ Nvidia CEO Jensen Huang's Taylor Swift joke shows he's aware of his reputation among AI fanboys
▼ + stars: | 2024-03-18 | by ( Clementine Fletcher | ) www.businessinsider.com time to read: +3 min

Nvidia CEO Jensen Huang gave a much-awaited two-hour-long keynote speech in California. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Good, good boy. And while we did spot one of Huang's signature leather jackets, we weren't eagle-eyed enough to see if he was sporting a Taylor Swift friendship bracelet — or Nvidia tattoo.

Persons: Jensen Huang, Huang, Taylor Swift's, —, Swift, Swifties —, didn't, Blackwell, Hopper, Taylor, Katherine Tangalakis, Lippert Organizations: Nvidia, Service, Technology Conference, Woodstock, SAP Center Locations: California

☆ Nvidia CEO Jensen Huang announces new AI chips: 'We need bigger GPUs'
▼ + stars: | 2024-03-18 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, California. Nvidia on Monday announced a new generation of artificial intelligence chips and software for running artificial intelligence models. The announcement, made during Nvidia's developer's conference in San Jose, comes as the chipmaker seeks to solidify its position as the go-to supplier for AI companies. “Hopper is fantastic, but we need bigger GPUs,” Nvidia CEO Jensen Huang said on Monday at the company's developer conference in California. Das said Nvidia's new software will make it easier to run programs on any of Nvidia's GPUs, even older ones that might be better suited for deploying but not building AI.

Persons: Jensen Huang, Nvidia's, ChatGPT, Blackwell, Hopper, Huang, Manuvir Das, what's, Das, you've, we'll Organizations: Nvidia, Intelligence, SAP Center, Monday, Microsoft, Meta, Companies, Apple, Manuvir Locations: San Jose , California, San Jose, California

☆ Goldman has a long-term AI winners portfolio. Here's what's in it
▼ + stars: | 2024-03-18 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

As investors deliberate what's next for the artificial intelligence trade, Goldman Sachs has some long-term winners that can come out on top. But, for the moment, it has bolstered only a handful of companies in what Goldman Sachs is calling the first phase of the AI trade. Goldman Sachs anticipates the long-term winners are in the fourth and final phase. However, Goldman Sachs said the productivity gains to be had from AI would boost earnings per share for the company by roughly 39%. But Goldman Sachs said baseline earnings can jump 162% because of AI.

Persons: Goldman Sachs, Ryan Hammond, Hammond, Pinterest Organizations: Nvidia, Nvidia's, Productivity, Wall, Walmart, New York Times

☆ All eyes are on Nvidia this week, but another AI play is getting buzz before earnings
▼ + stars: | 2024-03-18 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Micron touts HBM3E as an essential component to move the needle forward on AI advancement, and so far, analysts agree. Mosesmann's buy rating and $140 per share price target represents 50% upside from Friday's close. The analyst maintains an outperform rating on Micron stock as well as a $120 per share price target, which equates to roughly 29% upside. The firm maintains a buy rating on Micron coupled with a $112 per share price target, more than 20% above the previous close. The analysts raised his price target to $150 from $95, calling for about 61% upside moving forward.

Persons: Rosenblatt, Hans Mosesmann, Mosesmann's, TD Cowen, Krish Sankar, Mehdi Hosseini, Citi's Christopher Danely, Danely Organizations: Micron Technology, Nvidia, GTC Conference, Micro, Analysts, Micron, MU, AMD

☆ Jim Cramer: It's not too late to buy this portfolio health-care stock after Friday's selloff
▼ + stars: | 2024-03-18 | by ( Morgan Chittum | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer said this partnership would be a positive for both firms. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Jensen, Meta's, Jim, Abbott, Reckitt, there's, Jim Cramer's, ABT Organizations: CNBC, Nasdaq, Nvidia, GTC, Google, Abbott Laboratories, NEC, JPMorgan, Reckitt Locations: Illinois

Early analyst calls featured one firm calling for more gains for Nvidia and an upgrade to a major beverage and snacks maker. HSBC raised its price target on Nvidia to $1,050, which implies upside of nearly 20% for the chipmaker. His price target of $190 indicates upside of 15.4% over the next 12 months. — Fred Imbert 5:43 a.m.: HSBC hikes Nvidia price target ahead of GTC Conference HSBC sees more upside in store for shares of Nvidia as the chip giant defends its AI position and reaches new markets. Given this backdrop, analyst Frank Lee boosted the firm's price target to $1,050 from $880 a share, reflecting nearly 20% upside from Friday's close.

Persons: Morgan Stanley, Raymond James downgrades, Raymond James, Steve Moss, Moss, management's, Samantha Subin, Brad Lin, Lee, bode, — Samantha Subin, Dara Mohsenian, Fred Imbert, Frank Lee Organizations: CNBC, Nvidia, HSBC, PepsiCo, York Community Bancorp, New York Community Bancorp, Bank of, Taiwan Semiconductor, AI, Bank of America, Intel, GTC Conference HSBC, GTC Conference

☆ Analysts ratchet up Nvidia price forecasts ahead of big conference with one seeing 30% upside
▼ + stars: | 2024-03-18 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Several major Wall Street shops have already beefed up their price targets on the chipmaker heading into the event, with HSBC and Truist joining the flood on Monday. NVDA 1Y mountain Nvidia share performance over the last year According to FactSet, the current consensus price target on Nvidia implies about 4% upside, with 90% of analysts holding a buy or overweight rating. Stein boosted the firm's price target to $1,177 from $911 a share, reflecting 34% upside from Friday's close. "We are encouraged by Nvidia's AI product roadmap which focuses on moving beyond GPUs and towards owning the entire value chain." Wall Street turns more bullish HSBC and Truist may be the latest Wall Street shops to up estimates heading into the GTC Conference, but they are far from the first.

Persons: FactSet, William Stein, Stein, HSBC's Frank Lee, Blackwell, America's Vivek Arya, Cantor Fitzgerald's C.J, Muse, — CNBC's Michael Bloom Organizations: Nvidia, Bank of America, Wall Street, HSBC, Truist, GTC, Bank, America's, NVIDIA

☆ When our modern-day DaVinci speaks, I listen. Here's what I plan to do when Nvidia CEO Jensen Huang steps up to the mic this week
▼ + stars: | 2024-03-17 | by ( Jim Cramer | ) www.cnbc.com time to read: +15 min

I think Jensen deserves one day a year when he can trace out a vision without a per share attached to it. Sure, plenty of people in line Saturday would, correctly I think, say to "own it, don't trade it." Sure, I was sweating "own it, don't trade it." And, can you imagine if you owned but didn't trade Intel from 1990 to 2000? (Don't tell current Intel CEO Pat Gelsinger, who thinks it is still alive.)

Persons: Lisa, Jensen Huang, Jensen, Lisa Su, Andy Grove, Elon Musk, he's, what's, We've, heaven's sakes, Sam Altman, Jensen's, —, Gordon Moore, Robert Noyce, Intel's, Noyce, blowhard, Pat Gelsinger, Enrique Lores, it's, He's, Frank Slootman, Jensen demurred, Frank, AMD's Su, It's, Colette Kress, Jim Cramer's, Jim Cramer, Jim Organizations: Palm, Wine, Club, Nvidia, New Yorker, Devices, Tesla, heaven's, OpenAI, Intel, IBM, HP, AMD, CNBC Locations: Florida, San Francisco, New

☆ Jensen Huang is about to give AI believers a glimpse of the future
▼ + stars: | 2024-03-17 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Read previewThere's a running gag that Jensen Huang is to AI fanboys what Taylor Swift is to Swifties. Nvidia's GTC event, starting on Monday, should answer that. AdvertisementMatt Bryson, an analyst at Wedbush, expects Nvidia to lift the lid on the B100, the next-generation version of its H100 GPU. Can AI models eventually reason? Of course, industry watchers will look for any sign that the Nvidia and AI mania might be about to slow down.

Persons: —, Jensen Huang, Taylor Swift, Sam Altman, Mark Zuckerberg, hasn't, Bojan Tunguz, Huang, Matt Bryson, Blackwell, It'll, Zuckerberg, he'll, JOSH EDELSON, Brad Lightcap, Arthur Mensch, Christian Szegedy, Elon Musk's, Aidan Gomez, Stanford's Fei, Fei Li, Wedbush's Bryson Organizations: Service, Nvidia, GPU Technology Conference, Business, Apple, Tech, Meta, Microsoft, Google, AMD Locations: San, Woodstock

☆ Best of CNBC Pro this week: How to trade Nvidia and alternatives to the AI juggernaut
▼ + stars: | 2024-03-16 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

CNBC Pro readers flocked this week to several stories on Nvidia and other ways to play the stock's monstrous rally. The top Pro story this week was " Sell Nvidia or stick with it? Other stocks could see a lift in the coming week off the Nvidia conference including AMD, Broadcom and Oracle. How to trade Nvidia In a column Monday, Fairlead Strategies founder Katie Stockton gave a guide to how to trade stocks that have " gone parabolic " like Nvidia and Meta. Nvidia alternatives Another top-performing Pro story this week was David Keller's on the potential breakout in Block , the parent company of Square.

Persons: Vahan Janjigian, he's, We've, Cantor Fitzgerald, C.J, Muse, Katie Stockton, Stockton, David Keller's, Keller, Stephanie Niven, Niven, BofA Organizations: CNBC Pro, Nvidia, Greenwich Wealth Management, Bank of America, NVIDIA, AMD, Broadcom, Oracle, Meta, KLA Corp

☆ The 2 biggest events for Wall Street next week couldn’t be more different
▼ + stars: | 2024-03-16 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Investors will listen for the central bank's latest perspective on interest rates following the hotter-than-expected CPI and PPI reports this week. As members know, the market is looking for any signs of further disinflation in the housing market as shelter cost inflation remains the Fed's biggest concern. No club names report earnings next week, but we can't wait to see what Nvidia has to show us at its GTC AI developer conference . Other key reports include KB Home on Wednesday, which will provide a real-time look at the state the housing market, unlike the backward-looking housing reports. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: we'll, That's, Jerome Powell's, We're, Jensen, Jim Cramer, Huang, He'll, Lululemon, General Mills, OLLI, LULU, Jim Cramer's, Jim, Jerome Powell, Leah Millis Organizations: Dow, Nasdaq, PPI, Nvidia, Blackwell, CNBC, Micron Technology, Citi, Micron, Broadcom, Nike, FedEx, Music Entertainment, ZTO, Signet Jewelers, SIG, Sportradar, Micron Tech, KB, Worthington Industries, Accenture, Darden, Academy Sports &, Lufax, Brands, Winnebago Industries, Commercial Metals Company, Jim Cramer's Charitable, U.S . Federal, Federal, Market Locations: U.S, California, China, Washington , U.S

There's a host of stocks that can still benefit from the artificial intelligence craze besides Nvidia , according to analysts. As investors look for AI plays beyond Nvidia, CNBC Pro used FactSet data to screen for stocks in the technology and semiconductor space that should see significant earnings growth in the future. Analysts anticipate year-over-year earnings per share for 2024 will grow by 39.5% and advance by 48.7% in 2025. Management said on the company's earnings call that sequential growth is expected throughout 2024, with the second half of the year being stronger than the first. Other stocks that can expect to see huge earnings growth moving forward include Super Micro Computer , audio and imaging technologies developer Dolby Laboratories and Ultra Clean Holdings .

Persons: Jensen Huang, Christopher Danely, Evercore, Fabless chipmaker SiTime, It's, SiTime Organizations: Nvidia, Conference, Bank of America, CNBC Pro, Devices, Citi, AMD, Seagate Technology, Evercore ISI, Seagate, Management, Micro, Dolby Laboratories, Clean Holdings

☆ Nvidia's next big test
▼ + stars: | 2024-03-15 | by ( Kristina Partsinevelos | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia's next big testCNBC’s Kristina Partsinevelos joins ‘Halftime Report’ to discuss the latest news on what to expect from Nvidia's GTC Conference next week.

Persons: Kristina Partsinevelos Organizations: GTC

☆ Here are Friday's biggest analyst calls: Nvidia, Tesla, Apple, Rivian, Micron, Microsoft, Eli Lilly, Amazon & more
▼ + stars: | 2024-03-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Citi upgrades Thor Industries to buy from neutral Citi said it see a "favorable event path" for the RV company. " Citi initiates Pure Storage as buy Citi said in its initiation of Pure Storage that the data storage company is an AI beneficiary. Citi reiterates Apple as buy Citi said it's standing by its buy rating on shares of Apple. Bank of America reiterates Amazon as buy Bank of America said it's bullish heading into Amazon's Spring Sales event next week. Citi reiterates Micron as buy Citi raised its price target on the stock to $150 per share from $95 and says it's bullish heading into earnings next week. "

Persons: Piper Sandler, Piper, Morgan Stanley, RSG, Cummins, Baird, Nvidia, JPMorgan, Tesla, Telsey, Todd Vasos, it's, Stellantis, Five9, PBF, DINO, Truist, Eli Lilly, LLYs, Dave Ricks, Patrik Jonsson Organizations: EV, Bank of America, Adobe, Citi, Thor Industries, Morgan Stanley downgrades Republic Services, UBS, Cummins, CMI, Microsoft, Nvidia, JPMorgan, Guggenheim, Apple, Worldwide, " Bank of America, Micron, Catalyst Watch, RBC, UFC, WWE, Inc, Valero Energy, Sinclair, of America, Entertainment, Golden Entertainment, Diabetes, Obesity Locations: Snowflake, F4Q24, China, Nevada

☆ All eyes will be on the Federal Reserve's interest rate outlook next week, Nvidia conference on deck
▼ + stars: | 2024-03-15 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

How the Federal Reserve plans to proceed with interest rates will be in focus next week after some recent signs of hotter inflation muddied the outlook. In December, policymakers had penciled in at least three quarter percentage point rate cuts in 2024. On Friday, stocks were headed for a losing week even after the S & P 500, for example, notched a fresh closing record just this week. The chipmaker will be under increased scrutiny next week as CEO Jensen Huang takes the stage for the company's annual AI conference. TD Wealth's Vaidya anticipates four rate cuts coming in the third and fourth quarters, though he said that outlook will remain data dependent.

Persons: Sid Vaidya, Jensen Huang, Lorie Logan, Molly McGown, McGown, Brian Nick, Wealth's Vaidya, Nick, Mills, —, Samantha Subin Organizations: Federal Reserve, Fed, Nvidia, Dallas, TD Securities, Securities, McGown, Bank of America, Housing, Micron Technology, Philadelphia Fed, PMI, PMI Manufacturing, PMI Services SA, Nike, FedEx, Darden Locations: U.S, NAHB

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