Investing.com - Shares in Alphabet (NASDAQ:GOOGL) jumped on Friday after the Google parent reported better-than-anticipated first-quarter income and backed its heavy artificial intelligence spending plans despite ongoing tariff-fueled economic turbulence.Operating income at the search giant came in at $30.6 billion during the period, well above analysts forecasts, while group-wide revenue was ...
Investing.com -- Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today!BofA lowers Apple price target on AI delaysBank of America (BofA) lowered its price target on Apple Inc (NASDAQ:AAPL) to $240 from $250, citing delays in its AI launch and rising supply chain ...
Investing.com -- A sharp divergence between U.S. and Asian equities since mid-February is likely to continue, according to Bernstein, which argued that the so-called "great rotation" out of U.S. stocks has staying power amid rising economic uncertainty and relative valuation advantages overseas.So far this year, the S&P 500 is down 8.6%, while Japan and Asia ex-Japan though barely avoidin ...
Investing.com -- Bank of America analysts say GE HealthCare (NASDAQ:GEHC) should benefit from signs of softening in the U.S.-China trade war, arguing that the worst of the tariff-related pressure may already be priced into the stock.“The softening stance from the administration on the US-China trade war over the last couple of days should be positive for GEHC,” BofA wrote in a note Thursd ...