The Dow Jones closed above 40,000 for the first time. Nvidia earnings loom large, especially for AI stocks.
Bridgewater Associates bought shares of Apple, Nvidia, and Microsoft in the first quarter, and halved a stake in NIO.
Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. Analysts at the investment bank RBC Capital Markets raised their target price on Microsoft (NASDAQ:MSFT) stock from $450 to $500 on Friday, citing positive feedback from their recent investor meetings with Microsoft's Directors of Investor Relations. RBC stressed that AI remains a key growth driver for Microsoft, highlighting that the tech giant continues to make substantial investments in this rapidly developing sector.