Bank of America resets Nvidia stock forecast after private meeting

US lawmakers are expressing concerns over the recent decision to allow Nvidia to sell its advanced H200 AI chips to China, warning that this could jeopardize Washington's strategic advantage in cutting-edge artificial intelligence technology. The committee chair emphasized the risks associated with transferring sensitive technology to Beijing.

Analysts have revised Oracle's stock price target following a significant decline in its stock value after the company reported disappointing quarterly earnings. The earnings report revealed revenues that fell short of expectations, leading to a notable drop in premarket trading and raising concerns about Oracle's financial health.

Wall Street is experiencing fresh concerns regarding artificial intelligence (AI) spending, as shares of Broadcom and Oracle have declined significantly, contributing to a volatile week for the markets. Broadcom's stock fell sharply after failing to meet investor expectations, while Oracle's disappointing earnings report further exacerbated the situation.

Bank of America shares have reached a closing price of $55.14, marking the first time the stock has hit this level since November 2006, indicating a significant recovery from the financial crisis of 2008.

Evercore ISI has reiterated its stock rating for Oracle amid the company's ongoing expansion of data centers, signaling confidence in Oracle's strategic direction. This decision comes as Oracle continues to invest heavily in infrastructure to support its artificial intelligence initiatives.

Bank of America has reset its stock price target for Broadcom following the company's Q4 earnings report, where CEO Hock Tan highlighted a significant year-over-year growth in their custom-accelerated business. Broadcom's performance exceeded expectations, with a revenue forecast of approximately $19.1 billion for the upcoming fiscal first quarter.

Bank of America has indicated that gold prices, currently consolidating between $4,200 and $4,300, are more likely experiencing a temporary pause rather than hitting a ceiling. The price of gold has surged dramatically in 2025, rising from approximately $2,630 per ounce to around $4,282, marking an increase of about 63%.

Paramount has made a $108.4 billion hostile bid for Warner Bros. Discovery, backed by billionaire Larry Ellison, who has not provided a personal guarantee for the funds. This aggressive move follows a previous offer of $77.9 billion and is part of a competitive landscape in the media industry.