Here are Thursday's biggest calls on Wall Street.
Here are Thursday's biggest calls on Wall Street: BMO initiates Civitas Resources as outperform BMO said in its initiation of the energy producer that it like Civitas' fundamentals. "Civitas is also a leader on returning cash to shareholders via its less volatile variable dividend and share buyback program." Evercore ISI upgrades Okta to in line from underperform Evercore said the company's prior missteps are behind it.
" Raymond James upgrades SkyWest to outperform from market perform Raymond James said it's bullish on the regional airline. "We are upgrading SKYW from Market Perform to Outperform on increased conviction on the likely continued improvement in pilot trends as U.S. mainline and cargo airlines moderate growth into 2024." Read more about this call here.
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Here are Wednesday's biggest analyst calls: Apple, Netflix, Nvidia, Alphabet, FedEx, Tesla & moreHere are the biggest calls on Wall Street on Wednesday.
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Apple sends invites for Sept. 12 launch event, new iPhone 15 expectedApple is expected to announce the iPhone 15 and new Apple Watches at its September event.
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Apple reportedly tests 3D printer to produce the chassis for steel Apple Watch modelsApple is reportedly testing the use of 3D printers to produce the chassis for steel Apple Watch Series 9 units to be unveiled September 12th.
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The new Apple Watches might feature 3D-printed parts.A new Bloomberg report says Apple is tinkering with 3D printing for the stainless steel version of the Apple Watch Series 9. The main goal is to purportedly streamline production, and if things go well, Apple may consider using 3D printing for its other products. The report claims that Apple’s been secretly developing this tech for three years, but it’s not a given that the first Series 9 shipments will actually feature the tech. Earlier in June, Apple analyst Ming-Chi Kuo noted that some of the Ultra 2’s titanium parts would also be manufactured via 3D printing. (Bloomberg says this won’t happen until 2024, however.) Ultimately this would be a small number of Apple Watches sold. Most people opt for the less expensive aluminum models, with stainless steel making up roughly 10 percent of total units.
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Tesla’s New Supercomputer Accelerates Its Ambition to Be an AI Play Alongside NvidiaThe EV company's $300 million computing cluster will develop self-driving car technology and shows how the artificial intelligence ecosystem is developing.
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Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI & Bitcoin miningIris Energy has bought 248 Nvidia GPUs valued at $10 million to explore generative AI computing alongside its core Bitcoin mining operations.
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