Nvidia Corp (NASDAQ:NVDA, ETR:NVD) and Uber Technologies Inc (NYSE:UBER, ETR:UT8)’s partnership around autonomous driving is likely to accelerate the journey to achieving driverless technology, according to Bank of America.
Unveiled at CES 2025 in Las Vegas, the partnership was set to see Uber adopt Nvidia’s fresh Cosmos video-generating tool and AI supercomputing platform DGX.
UK banks have little to fear according to US-owned broker KBW, from the current uncertain economic argument, with Lloyds still the best of the bunch.
“Clearly there are questions about the economic outlook and we are not immune to concerns that UK rates may be higher for longer.
Inspired PLC (AIM:INSE), the energy consultant, has had its £26.7 million funding round ratified by shareholders a move that house broker Panmure Liberum believes will recapitalise and de-risk the business.
While not a plain vanilla funding, there are warrants and convertible loans in the mix prompting reduced share price targets due to the dilution, the rating of 4.7 times calendar earnings is attractive given the reduced financial risks, Panmure Liberum suggests.
Panmure Gordon has upgraded its valuation for shares in Rolls-Royce Holdings PLC (LSE:RR.), citing significant improvements in cash flow and profitability.
On a 12-month horizon, it thinks the stock is worth 550p (up from 400p) and says the stock could hit 820p in the next three years (up from 665p).
Ilika PLC (AIM:IKA, OTCQX:ILIKF), a leader in solid-state battery (SSB) technology, is "quietly taking the lead in the global SSB race," according to Cavendish.
The report underscores Ilika’s success in pioneering ceramic-oxide electrolytes, which offer significant safety and performance advantages.
An update from Shell PLC (LSE:SHEL, NYSE:SHEL) was "sketchy" on details and provided further evidence that the oil titan is facing challenges, analysts said.
Consensus earnings could be cut by up to 10% from the current $5.4 billion, analysts at Jefferies said.