$Apple(AAPL)$ BofA expects Apple to deliver an earnings beat for the March quarter, driven by robust iPhone demand and continued strength in the high-margin Services business. Analyst Wamsi Mohan said BofA models “revenues above guidance for the March quarter,” adding it sees “upside to Street estimates given continued strong iPhone sales, double-digit growth in Services revenue, and benefit from FX.” BofA reiterated its Buy rating and raised its price target on AAPL from $300 to $325.
$Apple(AAPL)$ Cloud hyperscalers now have to pay off all their debt and on top of that, face huge electricity costs from new grids. Meanwhile, AI is moving away from the cloud towards the edge, where Apple dominates. From where I stand, Apple has been right about AI all along.
I'm still waiting for more analysts to upgrade their ratings on $NIO Inc.(NIO)$ ! It's been over 3 weeks, and I was expecting to see higher ratings by now! I guess they decided to hold off, maybe to load up as much as possible themselves! LOL. $NIO Inc.(NIO)$ has everything going for it at this point! $6 billion in cash, a full product line across all three brands, ongoing global expansion, semiconductor AI chips, full-stack tech and Sky OS, licensing, profitability, and much more. It's an $18 value stock, yet the market valuation is less than 1.5X! Should be at 8X to 14X by now!