To The Moon

The artificial intelligence "bar remains high" for Advanced Micro Devices, and investors are better off with bigger names like Nvidia, say Morgan Stanley analysts who downgraded the chip maker."We like the AMD story, but investor expectations for the AI business still seems too high to us," said analysts led by Joseph Moore in a note to clients on Monday.Cutting the stock to equalweight, or neutral, from overweight, Moore and his team said they see upward revision potential for AMD as "limited," even with a recovery in its core business. Shares of AMD fell over 2% in premarket trading.They view AMD's stock price as expensive relative to other big-cap plays such as Nvidia and Broadcom , "where we have more confidence on upward revisions to AI forecasts.". Moore said their overweight on AMD has been focused on the chipmaker's core business reaccelerating following big downturn across markets, with AI an extra boost. "Through no fault of their own, AMD is facing a high bar given the supp

ZINGER KEY POINTSApple Wanderlust Event fails to impress investors as Apple stock takes a bearish turn.Explore why Apple's shares are now on a downward trajectory post-event.In the wake of Apple Inc.’s much-hyped Apple’s Wonderlust Event 2023, Wall Street was bracing for a spectacular surge in the tech giant’s stock.Reality proved to be quite the opposite.What was supposed to be a fireworks display of innovation turned into a damp squib, and AAPL shares are feeling the heat.Benzinga will unravel

ZINGER KEY POINTSCathie Wood said Tesla does not need autonomous ride-hail to be a success, “The EV