Weekly Recap | NVIDIA +1.82%, closing in on record highs
Weekly Review·- Nvidia closed the week at 222.27 USD, achieving a 1.82 % increase and outperforming the S & P 500 by approximately 1.9 percentage points. - The weekly gains were primarily driven by Jensen Huang's optimistic projections of doubling chip sales by 2027 and strong industry demand. - Among 64 covering institutions, 59 assigned buy or overweight ratings with a consensus target price of 327.70 USD.Weekly Recap | Microsoft -0.37%, consensus target above spot
Weekly Review·- Microsoft's stock price dropped by 0.37 % over the week to close at 493.78 USD, slightly underperforming the S&P 500 amid AI copyright disputes and ongoing business partnerships. - Fifty-five institutions maintained a strong buy consensus rating with a target price of approximately 572.92 USD, indicating about 16.0 % upside potential despite valuation disagreements. - Market participants will monitor upcoming macroeconomic data releases and developments regarding AI capital expenditure returns to gauge future stock momentum.Weekly Recap | Alphabet +3.26%, closing in on record highs
Weekly Review·- Alphabet stock rose 3.26% this week to close at 349.54 dollars, outperforming the S&P 500 by 3.34 percentage points. - Key catalysts included Waymo's planned expansion to Singapore by 2028, multi-million dollar AI investments, and Tigress raising its target price to 485 dollars. - Consensus among 62 institutions remains a strong buy with an average target price of 428.16 dollars, despite ongoing uncertainties regarding antitrust rulings and a Gemini security incident.