Page 94 - Street Notes News Today

Research firm IDC says there is a strong demand for cloud services, which is driving growth.

Exxon Mobil has held informal early talks with the shale driller about a possible acquisition, The Wall Street Journal reported.

J.P. Morgan analyst Doug Anmuth maintains an Overweight rating and $390 price target on the streaming stock.

KeyBanc Capital Markets analyst John Vinh raised his price targets on Nvidia and AMD stock, and reaffirmed Overweight ratings. He sees growing demand for artificial-intelligence applications.

Goldman Sachs analyst Susan Maklari upgrades shares of Whirlpool to Buy from Neutral.

Bernstein analyst Aneesha Sherman says she expects continued slowing in spending on nonessential categories.

Research firm IDC says there is a strong demand for cloud services, which is driving growth.

All the pieces are now in place for a recovery in the dynamic random access memory industry later in 2023, Citi analysts say.

Exxon Mobil has held informal early talks with the shale driller about a possible acquisition, The Wall Street Journal reported.

“The liquidity crisis seems to be contained,” the report said, but it warned that "funding pressures" will continue.