Bank of America double upgrades this cloud stock, thinks it could prove a big AI beneficiary

Bank of America double upgrades this cloud stock, thinks it could prove a big AI beneficiary

Bank of America believes that DigitalOcean is poised to benefit from rising artificial intelligence inferencing demand. Analyst Wamsi Mohan double upgraded the cloud service provider to a buy rating from underperform. He also hiked his price target to $60 per share from $34. Shares of DigitalOcean have already surged 35% this year. Mohan’s new forecast…

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Airlines divert, cancel Middle East flights as Iran attacks U.S. base

Airlines divert, cancel Middle East flights as Iran attacks U.S. base

Airspace over the Middle East on Monday afternoon EDT, according to FlightRadar24. Courtesy: Flightradar24 Airlines diverted more flights in the Middle East on Monday after Iran’s armed forces said the country launched a missile strike on a U.S. military base in Qatar, as the region’s military conflict continued to disrupt flights. More than 20 commercial…

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