NE - Wall Street Lunch: Hopes Too High For AMD's AI?

2024-06-10 13:32:00 ET

Summary

• Morgan Stanley downgrades AMD due to high investor expectations for AI business.
• Barclays boosts revenue projections for Nvidia, citing additional opportunity from sovereign sales.
• Check out Goldman's update on High Liquidity and Low Liquidity basket of stocks.

Listen below or on the go on Apple Podcasts and Spotify

AMD downgraded on limited AI revision potential. (0:15) Goldman still sees two rate cuts , starting September. (2:23) DraftKings named a top pick . (3:00)

This is an abridged transcript of the podcast.

Our top story so far. The sell-side is expressing some caution on the AI freight train....

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