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stock market update nvidia hits high uber partners with nvidia tencent falls
U.S. stock futures are little changed following a mixed session, with Nasdaq futures dipping slightly. Nvidia shares hit an all-time high after strong AI demand and CEO remarks, while Uber's stock rose on a collaboration with Nvidia for autonomous driving technology. Inari Medical soared 30% after being acquired by Stryker for $4.9 billion, while Tencent's stock fell 7% after being added to the Pentagon's "Chinese military companies" blacklist.
Medical Equipment Maintenance Market Projected to Reach 96 Billion USD by 2031
The Medical Equipment Maintenance Market is projected to reach USD 96.03 billion by 2031, growing at a CAGR of 9.5% from 2024 to 2031. Key drivers include rising demand, an expanding customer base, and technological advancements, with major players like Medtronic and GE Healthcare leading the competitive landscape. The report provides insights into market trends, segmentation, and future growth opportunities.
medtronic stock rating downgraded as analysts maintain hold consensus
Robert W. Baird has lowered Medtronic's price target from $96 to $93, maintaining a "neutral" rating. The stock has a consensus rating of "Hold" with a target of $95.27, while recent earnings showed a slight beat with $1.26 EPS and $8.40 billion in revenue, reflecting a 5.2% year-over-year increase.
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