UBS analysts remain bullish on Microsoft (NASDAQ:MSFT), maintaining a Buy rating and a $520 price target. They believe the company’s AI story is a significant growth driver, justifying the high valuation despite tight IT budgets. …
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GitLab Explores Sale Amidst Tech M&A Boom; Datadog Reportedly Interested
GitLab, a leading provider of cloud-based software development tools, is exploring a sale, according to sources familiar with the matter. The company, which has a market value of $8 billion, has attracted acquisition interest from …
Continue readingxAI and Oracle End $10 Billion Server Deal Talks
Elon Musk’s artificial intelligence startup xAI has ended talks with Oracle for a potential $10 billion server deal, according to The Information. The deal would have expanded on an existing arrangement where xAI rents Nvidia’s …
Continue readingAI Stock Frenzy: Nvidia Downgraded, Pure Storage Slumps, Dell Gets a Boost
The AI sector is witnessing a rollercoaster of stock activity as analysts assess the impact of the burgeoning technology on various companies. Nvidia, the leading GPU maker, received a downgrade from New Street Research, citing …
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