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Wells Fargo Upgrades Cisco (CSCO) Stock to Overweight, Raises PT to $75
Wells Fargo Upgrades Cisco (CSCO) Stock to Overweight, Raises PT to $75

Yahoo

time19-05-2025

  • Business
  • Yahoo

Wells Fargo Upgrades Cisco (CSCO) Stock to Overweight, Raises PT to $75

We recently published a list of . In this article, we are going to take a look at where Cisco Systems, Inc. (NASDAQ:CSCO) stands against other trending AI stocks on Wall Street right now. US President Donald Trump wrapped up his tour of the Middle East today, concluding numerous high-profile deals and diplomatic engagements with countries such as Saudi Arabia, Qatar, and the United Arab Emirates (UAE). On his last stop of the Gulf tour, Trump inked a massive AI data centre project where the two countries will be partnering on an artificial intelligence campus. Trump noted that the United Arab Emirates and the United States had agreed on a path for the Gulf country to buy advanced AI semiconductors from U.S. companies. This marks a significant step forward in Abu Dhabi's efforts to become a global AI hub. The AI agreement 'includes the UAE committing to invest in, build, or finance U.S. data centres that are at least as large and as powerful as those in the UAE.' READ ALSO: and . Trump also pledged to strengthen U.S. ties to the United Arab Emirates, announcing deals with the Gulf state totalling over $200 billion. The two countries have agreed to deepen cooperation in artificial intelligence. The US and UAE have agreed to establish a 'US-UAE AI Acceleration Partnership' framework. Trump and Sheikh Mohamed also attended the unveiling of the new 5GW AI campus. This would be the largest outside the United States. However, the countries did not specify which AI chips from Nvidia or other companies could be included in the data centres. 'In the UAE, American companies will operate the data centers and offer American-managed cloud services throughout the region. The agreement also contains strong security guarantees to prevent diversion of U.S. technology.' For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Engineers using the latest Cisco TelePresence technology to collaborate with colleagues around the Systems, Inc. (NASDAQ:CSCO) is an American technology company that provides information technology and networking services. On May 15, Wells Fargo upgraded the stock to 'Overweight' from equal weight and also lifted its price target to $75 from $72. The firm said it sees 'AI momentum' following the company's earnings report on Wednesday. As the company exits its fiscal third quarter, the firm noted how it has already managed to surpass its $1 billion cumulative order target for the fiscal year. That said, it could continue to diversify into other AI opportunities, such as large-scale sovereign AI opportunities and traditional enterprise adoption in the long run. 'Upgrade CSCO to OW; $75 PT ; most notably driven by: 1. Accelerating AI momentum + diversification; $600M+ in new orders in F3Q25 vs. $350M in F2Q25, Enterprise AI oppy via NVDA alignment.' Overall, CSCO ranks 7th on our list of trending AI stocks on Wall Street right now. While we acknowledge the potential of CSCO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CSCO and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Super Micro Computer (SMCI) Partners With DataVolt to Build Saudi AI Campuses
Super Micro Computer (SMCI) Partners With DataVolt to Build Saudi AI Campuses

Yahoo

time19-05-2025

  • Business
  • Yahoo

Super Micro Computer (SMCI) Partners With DataVolt to Build Saudi AI Campuses

We recently published a list of . In this article, we are going to take a look at where Super Micro Computer, Inc. (NASDAQ:SMCI) stands against other trending AI stocks on Wall Street right now. US President Donald Trump wrapped up his tour of the Middle East today, concluding numerous high-profile deals and diplomatic engagements with countries such as Saudi Arabia, Qatar, and the United Arab Emirates (UAE). On his last stop of the Gulf tour, Trump inked a massive AI data centre project where the two countries will be partnering on an artificial intelligence campus. Trump noted that the United Arab Emirates and the United States had agreed on a path for the Gulf country to buy advanced AI semiconductors from U.S. companies. This marks a significant step forward in Abu Dhabi's efforts to become a global AI hub. The AI agreement 'includes the UAE committing to invest in, build, or finance U.S. data centres that are at least as large and as powerful as those in the UAE.' READ ALSO: and . Trump also pledged to strengthen U.S. ties to the United Arab Emirates, announcing deals with the Gulf state totalling over $200 billion. The two countries have agreed to deepen cooperation in artificial intelligence. The US and UAE have agreed to establish a 'US-UAE AI Acceleration Partnership' framework. Trump and Sheikh Mohamed also attended the unveiling of the new 5GW AI campus. This would be the largest outside the United States. However, the countries did not specify which AI chips from Nvidia or other companies could be included in the data centres. 'In the UAE, American companies will operate the data centers and offer American-managed cloud services throughout the region. The agreement also contains strong security guarantees to prevent diversion of U.S. technology.' For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A team of technicians in a server room, testing and managing the newest server Micro Computer, Inc. (NASDAQ:SMCI) designs and manufactures high-performance server and storage solutions for data centers, cloud computing. On May 16, the company announced that it has entered into a strategic partnership under a memorandum of understanding ('MOU') with Saudi Arabian startup DataVolt. The MOU aims to build hyperscale AI campuses initially in the Kingdom of Saudi Arabia, with Supermicro's ultra-dense GPU platforms, storage, and rack PnP systems to be delivered for DataVolt's green AI campuses. Some of the advantages of Supermicro's state-of-the-art liquid cooling solutions are that they reduce power costs up to 40%, accelerate time-to-deployment and time-to-online, and allow data centers to run more efficiently. Supermicro noted that the collaboration is subject to negotiation and completion of one or more definitive agreements between the parties. 'Supermicro is thrilled to work together in this important effort to deliver significantly enhanced computing power for the next generation of AI infrastructure. We are excited to collaborate with DataVolt to bring our advanced AI systems featuring the latest direct liquid cooling technology (DLC-2) powered by local renewable, sustainable, and net-zero green technology.' Overall, SMCI ranks 10th on our list of trending AI stocks on Wall Street right now. While we acknowledge the potential of SMCI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SMCI and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at .

Citi Raises Dell (DELL) Price Target to $128 Ahead of Earnings
Citi Raises Dell (DELL) Price Target to $128 Ahead of Earnings

Yahoo

time19-05-2025

  • Business
  • Yahoo

Citi Raises Dell (DELL) Price Target to $128 Ahead of Earnings

We recently published a list of . In this article, we are going to take a look at where Dell Technologies Inc. (NYSE:DELL) stands against other trending AI stocks on Wall Street right now. US President Donald Trump wrapped up his tour of the Middle East today, concluding numerous high-profile deals and diplomatic engagements with countries such as Saudi Arabia, Qatar, and the United Arab Emirates (UAE). On his last stop of the Gulf tour, Trump inked a massive AI data centre project where the two countries will be partnering on an artificial intelligence campus. Trump noted that the United Arab Emirates and the United States had agreed on a path for the Gulf country to buy advanced AI semiconductors from U.S. companies. This marks a significant step forward in Abu Dhabi's efforts to become a global AI hub. The AI agreement 'includes the UAE committing to invest in, build, or finance U.S. data centres that are at least as large and as powerful as those in the UAE.' READ ALSO: and . Trump also pledged to strengthen U.S. ties to the United Arab Emirates, announcing deals with the Gulf state totalling over $200 billion. The two countries have agreed to deepen cooperation in artificial intelligence. The US and UAE have agreed to establish a 'US-UAE AI Acceleration Partnership' framework. Trump and Sheikh Mohamed also attended the unveiling of the new 5GW AI campus. This would be the largest outside the United States. However, the countries did not specify which AI chips from Nvidia or other companies could be included in the data centres. 'In the UAE, American companies will operate the data centers and offer American-managed cloud services throughout the region. The agreement also contains strong security guarantees to prevent diversion of U.S. technology.' For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A team of IT experts discussing the latest network security trends over a laptop Technologies Inc. (NYSE:DELL) provides IT solutions, including servers, storage, networking, and personal computing devices, to businesses and consumers worldwide. On May 16, Citi reiterated the stock as 'Buy' and raised its price target on Dell to $128 per share from $105 ahead of earnings later this month. The company will report its earnings for its fiscal first quarter on May 29. 'The company's lean inventory, just-in-time manufacturing, and diversification in supply chain to Mexico and other regions suggest they should be able to adapt to the changing dynamics more rapidly than their peers.' Overall, DELL ranks 9th on our list of trending AI stocks on Wall Street right now. While we acknowledge the potential of DELL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DELL and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

CrowdStrike (CRWD) Downgraded as Analysts Await Better Entry Point
CrowdStrike (CRWD) Downgraded as Analysts Await Better Entry Point

Yahoo

time19-05-2025

  • Business
  • Yahoo

CrowdStrike (CRWD) Downgraded as Analysts Await Better Entry Point

We recently published a list of . In this article, we are going to take a look at where CrowdStrike Holdings, Inc. (NASDAQ:CRWD) stands against other trending AI stocks on Wall Street right now. US President Donald Trump wrapped up his tour of the Middle East today, concluding numerous high-profile deals and diplomatic engagements with countries such as Saudi Arabia, Qatar, and the United Arab Emirates (UAE). On his last stop of the Gulf tour, Trump inked a massive AI data centre project where the two countries will be partnering on an artificial intelligence campus. Trump noted that the United Arab Emirates and the United States had agreed on a path for the Gulf country to buy advanced AI semiconductors from U.S. companies. This marks a significant step forward in Abu Dhabi's efforts to become a global AI hub. The AI agreement 'includes the UAE committing to invest in, build, or finance U.S. data centres that are at least as large and as powerful as those in the UAE.' READ ALSO: and . Trump also pledged to strengthen U.S. ties to the United Arab Emirates, announcing deals with the Gulf state totalling over $200 billion. The two countries have agreed to deepen cooperation in artificial intelligence. The US and UAE have agreed to establish a 'US-UAE AI Acceleration Partnership' framework. Trump and Sheikh Mohamed also attended the unveiling of the new 5GW AI campus. This would be the largest outside the United States. However, the countries did not specify which AI chips from Nvidia or other companies could be included in the data centres. 'In the UAE, American companies will operate the data centers and offer American-managed cloud services throughout the region. The agreement also contains strong security guarantees to prevent diversion of U.S. technology.' For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Security personnel at their consoles, monitoring a global network of threats in Holdings, Inc. (NASDAQ:CRWD) is a leader in AI-driven endpoint and cloud workload protection. On May 15, Mizuho downgraded the stock to 'Neutral' from Outperform while maintaining a $425.00 price objective on the stock. The firm said it is waiting for a more attractive entry point following its latest evaluations that reveal a slowdown in performance with certain partners not meeting expectations, and also some potential risks. 'Having said that, our recent CRWD checks have moderated while some potential risk factors have emerged, and yet the shares have been remarkably robust and now trade above our $425 price target. As such, we are downgrading our rating on CRWD to a Neutral from Outperform, and we recommend waiting for a better entry point.' Overall, CRWD ranks 8th on our list of trending AI stocks on Wall Street right now. While we acknowledge the potential of CRWD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CRWD and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Advanced Micro Devices (AMD) Price Target Raised as Saudi AI Deal Boosts Sentiment
Advanced Micro Devices (AMD) Price Target Raised as Saudi AI Deal Boosts Sentiment

Yahoo

time19-05-2025

  • Business
  • Yahoo

Advanced Micro Devices (AMD) Price Target Raised as Saudi AI Deal Boosts Sentiment

We recently published a list of . In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against other trending AI stocks on Wall Street right now. US President Donald Trump wrapped up his tour of the Middle East today, concluding numerous high-profile deals and diplomatic engagements with countries such as Saudi Arabia, Qatar, and the United Arab Emirates (UAE). On his last stop of the Gulf tour, Trump inked a massive AI data centre project where the two countries will be partnering on an artificial intelligence campus. Trump noted that the United Arab Emirates and the United States had agreed on a path for the Gulf country to buy advanced AI semiconductors from U.S. companies. This marks a significant step forward in Abu Dhabi's efforts to become a global AI hub. The AI agreement 'includes the UAE committing to invest in, build, or finance U.S. data centres that are at least as large and as powerful as those in the UAE.' READ ALSO: and . Trump also pledged to strengthen U.S. ties to the United Arab Emirates, announcing deals with the Gulf state totalling over $200 billion. The two countries have agreed to deepen cooperation in artificial intelligence. The US and UAE have agreed to establish a 'US-UAE AI Acceleration Partnership' framework. Trump and Sheikh Mohamed also attended the unveiling of the new 5GW AI campus. This would be the largest outside the United States. However, the countries did not specify which AI chips from Nvidia or other companies could be included in the data centres. 'In the UAE, American companies will operate the data centers and offer American-managed cloud services throughout the region. The agreement also contains strong security guarantees to prevent diversion of U.S. technology.' For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A close up of a complex looking PCB board with several intergrated semiconductor Micro Devices, Inc. (NASDAQ:AMD) develops and sells semiconductors, processors, and GPUs for data centers, gaming, AI, and embedded applications. On May 16, Barclays reiterated the stock as 'Buy' and raised its price target to $130 per share from $110. The rating has been issued after AMD's recent deal announcement with Saudi startup Humain. AMD said that Humain has committed $10 billion to the project. AMD's rally is also being fueled by the company's announcement that its board of directors has authorized $6 billion in share buybacks. 'AMD is gaining share in PC and Server with a call option on AI if the MI [machine learning] platform can succeed.' Overall, AMD ranks 6th on our list of trending AI stocks on Wall Street right now. While we acknowledge the potential of AMD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMD and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio

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