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Cybersecurity stocks are the latest AI victim. Analysts say buy the dip

Cybersecurity stocks are the latest AI victim. Analysts say buy the dip

Cybersecurity continue to sell off as artificial intelligence disruption fears ripple throughout the market. But the Street doesn’t expect the new security tool within Anthropic’s Claude AI model to reshape the space anytime soon, saying the reaction is more panic-driven than based in reality. The iShares Cybersecurity and Tech ETF (IHAK) fell more than 3% … Read more

Here are Wednesday’s biggest analyst calls: Nvidia, Tesla, Dick’s, Netflix, Kingsoft, Robinhood & more

Here are Wednesday’s biggest analyst calls: Nvidia, Tesla, Dick’s, Netflix, Kingsoft, Robinhood & more

Here are the biggest calls on Wall Street on Wednesday: Goldman Sachs upgrades Kingsoft Cloud to buy from neutral Goldman says it likes the cloud computing company’s AI investments. “We upgrade Kingsoft Cloud ( KC) to Buy from Neutral as we see the company as a key beneficiary of Xiaomi’s continued stepped-up AI investments to … Read more

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