artificial intelligence

As of press time, the Dow futures, dominated by blue-chip stocks, rose 0.24%; the S&P 500 futures rose 0.25%; the Nasdaq 100 futures, dominated by technology stocks, rose 0.29%. Popular Chinese concept stocks rose before the market opened. European stock markets rose. As of press time, Germany’s DAX index fell 0.08%; France’s CAC40 index rose 0.39%; Britain’s FTSE 100 index rose 0.14%. In terms of commodity foreign exchange, as of press time, Brent crude oil fell 1.10% to US$86.33 per barrel. European Automobile Manufacturers Association: EU car sales hit biggest decline in 16 months in March The European Automobile Manufacturers Association said that EU car sales suffered the largest decline in 16 months in March, and Tesla‘s new car registrations in the EU fell by 30% in March. Registrations of pure electric vehicles in the EU fell by 11% to 134,400 in March; the EU’s pure electric vehicle market share fell to 13% from 14% in the same period last year. Swiss gold exports fell 6.9% month-on-month in March Swiss gold exports fell 6.9% month-on-month in March. TSMC’s Q1 net…

BofA Securities last week lowered its target price on Intel (36.0801, 0.39, 1.09%) shares to $44 from the previous price of $50 per share, while maintaining a neutral rating on the stock. Prior to this target price adjustment, Intel conducted a re-segmentation of its business, which resulted in a change in the valuation method of the company’s IDM (vertical integration from chip design to production) business, including products and foundry services. . A report from Bank of America Securities pointed out that Intel’s future depends largely on CEO Pat Gelsinger’s vision to transform the chip company into a semiconductor foundry and compete with other companies in the industry. However, Bank of America analysts commented on Intel’s current situation that although Intel’s foundry business has made some achievements in external design, it still relies heavily on the company’s internal design team. This dependence has prompted the valuation of the IDM business to shift to a comprehensive assessment. approach rather than evaluating each part individually. Therefore, the new price target set by Bank of America this time is 23 times the expected…

Driven by the artificial intelligence (AI) craze, technology stocks seem to have attracted all the attention of U.S. stock investors, but some analysts believe that investors should focus on a less dazzling industry. Driven by various bullish factors, The industry is ripe for strong gains. Energy stocks deserve more attention as the sector starts the year off with an impressive performance, according to top U.S. economist David Rosenberg, president of Rosenberg Research profound. The S&P 500 Energy index has returned 16.3% so far this year, and investors haven’t noticed yet. “This is an overlooked segment of the market because investors have very negative positions (in the sector) (SPDR Energy ETF outflows of $2.7 billion over the past year),” he said. Overall, there are three main reasons why energy stocks are expected to rise further this year, with some analysts predicting the sector will rise as much as 20% from current levels. Strong fundamentals Even as technology stocks move higher on strong earnings, LPL Financial noted in a report that the energy sector posted more March earnings revisions than all S&P…

BofA Securities last week lowered its price target on Intel stock to $44 per share from the previous price of $50 per share, while maintaining a neutral rating on the stock. Prior to this target price adjustment, Intel conducted a re-segmentation of its business, which resulted in a change in the valuation method of the company’s IDM (vertical integration from chip design to production) business, including products and foundry services. . A report from Bank of America Securities pointed out that Intel’s future depends largely on CEO Pat Gelsinger’s vision to transform the chip company into a semiconductor foundry and compete with other companies in the industry. However, Bank of America analysts commented on Intel’s current situation that although Intel’s foundry business has made some achievements in external design, it still relies heavily on the company’s internal design team. This dependence has prompted the valuation of the IDM business to shift to a comprehensive assessment. approach rather than evaluating each part individually. Therefore, the new price target set by Bank of America this time is 23 times the expected price-to-earnings…