WS #13808
Nvidia partners with major financial firms for $500B AI financing, but stock drops 3.2% on dilution concerns, creating a mixed signal for NVDA. Jefferies downgrades Apple to Underperform with PT $263.66, while reports of eight new products at September event provide some offset. Meta releases Glimmer AI model for local download, potentially disrupting cloud-based AI economics and benefiting META.
Nvidia $500B AI financing deal
Nvidia partners with major financial firms for $500B AI financing, but stock drops 3.2% on dilution concerns, creating a mixed signal for NVDA.
Jefferies downgrades Apple to Underperform with PT $263.66, while reports of eight new products at September event provide some offset.
Meta releases Glimmer AI model for local download, potentially disrupting cloud-based AI economics and benefiting META.