
Nvidia's Outlook, Apple's Demand Concerns, and Aramco's Financial Update
In episode 52, Michelle examines Nvidia's stock outlook after Morgan Stanley raises its price target, exploring implications for investors. She also discusses Jefferies' concerns about Apple's iPhone 16e demand in China and potential market challenges. The episode covers economic expectations from China's "Two Sessions" meeting and possible policy shifts. Michelle reviews Aramco's financial performance and 2024 dividend report, providing a detailed company outlook. She concludes with closing remarks and invites listeners to follow The Wall Street Daily Brief for ongoing financial insights and updates.
Key Points
- Morgan Stanley has increased its price target for Nvidia to $550 per share, driven by strong demand in artificial intelligence and data center markets.
- Jefferies analysts warn of potentially weaker demand for Apple's iPhone 16e in China due to increasing competition and economic headwinds.
- Saudi Aramco reported a significant decline in net profit for 2024, leading to a substantial cut in dividends, which could impact Saudi Arabia's budget deficit.
Chapters
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Transcript
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