Top Analyst Calls NVIDIA a ‘Buy’ Before Earnings, Says $500B Pipeline Could Spark Upside

This article first appeared on GuruFocus. Evercore ISI tells investors to buy Nvidia (NASDAQ:NVDA) ahead of the company’s Nov. 19 earnings, saying demand momentum, improving supply and an attractive valuation leave the market underestimating growth. The firm keeps an Outperform rating and a $261 price target, calling NVDA a buy into the quarter. Evercore’s channel…

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Alphabet Jumps as Berkshire Reveals $4.9 Billion Stake

Alphabet Jumps as Berkshire Reveals $4.9 Billion Stake

This article first appeared on GuruFocus. Alphabet (GOOGL, Financials) rose more than 5% after Berkshire Hathaway unveiled an unusual tech-sector commitment to the business, which investors saw as a validation of its artificial intelligence plan. In the September quarter, Berkshire bought 17.85 million shares worth $4.93 billion.The investment comes as public attitude toward giant internet…

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Palantir Shares Slide Despite Strong Q3 Results

This article first appeared on GuruFocus. The stock market ignored Palantir (PLTR, Financials) greatest quarter.The software and AI startup reported $1.18 billion in revenue and $0.21 per share in Q3 results this week, exceeding analyst expectations. On paper, that wins. But Palantir’s stock plunged 12% in the days after the revelation, proving that high expectations…

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Qualcomm 15% Surge Drives S&P 500, Nasdaq To All-Time Highs On AI Optimism

Qualcomm 15% Surge Drives S&P 500, Nasdaq To All-Time Highs On AI Optimism

This article first appeared on GuruFocus. U.S. equity benchmarks climbed Monday as investors positioned for a busy week of big-tech earnings and an upcoming Federal Reserve decision. The S&P 500 rose about 1% and the Nasdaq Composite climbed about 1.5%, according to market data. Tech heavyweights drew buying interest ahead of results. Qualcomm (NASDAQ:QCOM) surged…

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