The major indices are soaring on cooling trade tensions, inflation, hot earnings, and unstoppable AI momentum. Nvidia (NVDA) is set to double GPU shipments, with Loop Capital reiterating a buy rating at $350 a share. Goldman Sachs also reiterated a buy rating at $240, expecting a beat and raise quarter. Microsoft secured export licenses to ship NVDA chips to the United Arab Emirates. Palantir (PLTR) is a core winner in the AI race, with a potential $1 trillion market cap, according to Wedbush. Cisco (CSCO) is upgraded to $88 on surging infrastructure demand. Intuitive Machines (LUNR) is well-positioned to go back to the moon with a buy rating and $18 price target from Stifel. Tesla (TSLA) shareholders will vote on granting Elon Musk 425 million shares if financial and operational milestones are met, requiring a market cap of $8.5 trillion and $400 billion in annual EBITDA within the next decade.

Read more at Yahoo Finance: Wall Street Loves Nvidia, Palantir and Cisco