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 ...
BEIJING (Reuters) -China’s top market regulator said on Sunday it was paying close attention to CK Hutchison’s planned sale of most of its ports operations to a BlackRock-led consortium and parties to the deal should not try to avoid an antitrust review.The sale by the Hong Kong conglomerate, which contains two ports along the strategically important Panama Canal, has become highly politicised ...