March 2, 2024

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Analyst Raises Nvidia’s Price Target to $985, Citing Continued AI Dominance

Key Points: Tigress Financial analyst Ivan Feinseth maintains a "buy" rating on Nvidia and raises the price target from $790 to $985 per share. Nvidia is recognized for its leadership in advanced GPUs and accelerated processing technologies, driving growth in the data center and AI sectors. The new price target suggests a potential 27% increase from the current stock price. As AI adoption expands across industries, Nvidia is poised to benefit from sustained revenue and cash flow growth. In a...

Latest March 2, 2024

Airbus Considers Taking Over Belfast Plant from Spirit AeroSystems for A220 Wings

Key Points: Airbus and Spirit AeroSystems have discussed the possibility of Airbus acquiring the Belfast plant where A220 wings are manufactured. No agreement has been reached, and Airbus has refrained from commenting on merger speculation. Spirit is engaged in pricing negotiations with Airbus and Boeing, with reports suggesting Boeing may repurchase Spirit. The Belfast plant, acquired by Bombardier in 1989,...

ASML: Pioneering the Future of Semiconductor Technology

In semiconductor manufacturing, ASML is a beacon of innovation and technological prowess. Founded in 1984 in the Netherlands, ASML has evolved into the leading supplier of photolithography systems that produce integrated circuits (ICs), ranging from microprocessors to memory chips. With a relentless focus on pushing the boundaries of lithography technology, ASML has played a pivotal role in enabling the semiconductor...

Chinese Taikonauts Successfully Complete Spacewalk to Repair Space Station

Key Points: Three Chinese taikonauts completed an 8-hour spacewalk to conduct repairs and maintenance on the Tiengong Space Station. The spacewalk is part of the Shincou-17 mission, focusing on space science experiments and technical tests. China's Tiengong Space Station, an independent project, consists of a core and two laboratory modules. The successful completion of the spacewalk demonstrates China's growing capabilities...

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