CoreWeave reported a strong quarter with 112% year-over-year revenue growth, while Bank of America maintained its buy rating. Wells Fargo reiterated its underweight on Tesla, with July deliveries trending down 15% year-over-year and 48% month-over-month. Goldman Sachs reiterated buy on Nvidia and Dell ahead of earnings, raising Dell’s price target to $510. Dell Technologies, Intel and SpaceX were among the other stocks covered, with Intel completing an approximately $20 billion equity raise that strengthens management’s conviction regarding its Foundry business.
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