Citi Raises MongoDB Price Target to $440, Keeps Buy Rating
Citi increases MongoDB price target to $440, citing strong profitability, AI demand, and continued growth. Stock still undervalued compared to peers.
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IBM and Cisco Aim to Build the First Quantum Network
IBM and Cisco team up to create a network of quantum computers, paving the way for a future quantum internet and powerful real-world applications.
Cipher Mining Secures $830 Million AI Hosting Expansion
Cipher Mining and Fluidstack expand their partnership with a new 10-year AI hosting agreement, bringing the total value of the collaboration to $3.8 billion.
U.S. Approves Major AI Chip Sales to UAE and Saudi Arabia
The U.S. greenlights the sale of up to 70,000 advanced AI chips to UAE and Saudi companies, reversing earlier restrictions and reshaping global AI competition.
BNP Paribas Exane Sees Big Upside for Astera Labs
BNP Paribas Exane initiates coverage on Astera Labs with an Outperform rating and $225 target, citing strong long-term opportunities despite recent stock weakness.
Palo Alto Stock Drops as $3.35B Chronosphere Deal Overshadows Earnings Beat
Palo Alto Networks shares fall despite strong earnings as investors question expensive Chronosphere acquisition.