May 9, 2024
Investors

Apple Stock: AI iPhone Could See 5G-Like Upgrade Cycle

Apple (AAPL) stock could be due for a rerating when the consumer electronics giant comes out with its rumored AI-enabled iPhone this fall, a Wall Street analyst says. X Hedge fund investors are starting to warm to Apple stock, despite the company’s deteriorating fundamentals near term, JPMorgan analyst Samik Chatterjee said in a client note

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Investors

Palantir Stock Downgraded Amid ‘Unprecedented Generative AI Hype Cycle’

An analyst downgraded data analytics software maker Palantir Technologies (PLTR) on Thursday on views its valuation is inflated amid investor buzz over generative artificial intelligence. Palantir stock fell in morning trading, X Brian White, analyst at Monness, Crespi, Hardt & Co., downgraded Palantir stock to sell from neutral. He set a price target of 20

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