Amazon is well positioned across multiple industries and the stock should jump, according to Citi.
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Citi adds Amazon to its focus list, says stock can rise 30%
Technology
U.S. tech companies ramp up government lobbying amid Iran war uncertainty
U.S. tech companies are ramping up lobbying of government officials at home and further afield amid the Iran war, as they look to defend their interests and map out contingency plans, industry insiders told CNBC. Conflict in the Middle East has thrown the global business sector into disarray, with oil prices skyrocketing and supply chains […]
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Nvidia rival tells CNBC it’s seeking at least $100 million in funding as European AI chip market booms
European chip startups developing alternative technology to Nvidia’s graphics processing units (GPUs) are eyeing big funding rounds as they look to scale amid the AI boom. Dutch company Euclyd, backed by the former CEO of chipmaking equipment giant ASML, is currently in discussions with investors for a round of at least 100 million euros ($118 […]
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Technology
Cramer warns of excessive speculation in the market. He says buy these credible stocks instead
Key Points CNBC’s Jim Cramer warned that there’s a troubling amount of speculation in the market. The “Mad Money” host on Thursday highlighted more credible alternatives for investors. CNBC’s Jim Cramer said Wednesday that signs of excessive speculation are creeping back into the market, echoing patterns that previously led to painful losses for investors . […]
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