US Market Outlook: Positive Response to PCE Deflators The Dow Average Starts Higher by $29

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AI PCs open up a new era! What are the most promising related stocks?
According to the research report published by Morgan Stanley on 5/21, AI PCs are the next important key to driving the growth of the PC market, and the market penetration rate of AI PCs is expected to rapidly grow from 2% this year to 65% in 2028.
Related stocks $Apple(AAPL.US)$ $Qualcomm(QCOM.US)$ $Microsoft(MSFT.US)$

Will Microsoft account for about 20% of NVIDIA's sales = UBS
According to a UBS report, $NVIDIA(NVDA.US)$It suggests that there is a possibility that it has important customers that account for close to 20% of revenue for the 2024 fiscal year, and this $Microsoft(MSFT.US)$I'm guessing that. In its 2025Q1 financial results, NVIDIA vaguely mentions the two customers that each account for 10% or more of sales. UBS expressed concern that a high degree of dependency on a single customer would lead to potential risks.

[Index Bulletin] The US PCE core price index, which is attracting attention from the Federal Reserve, rose 2.8% compared to the previous year in April, forecast rose 2.8%, and the previous fiscal year rose 2.8%
The US PCE core price index, which excludes energy and food, announced by the US Department of Commerce, rose 2.8% compared to the previous year in April, the forecast rose 2.8%, and the previous fiscal year rose 2.8%. It rose 0.2% from the previous month, fell below market expectations (0.3%), fell from 0.3% in March, and has been at a low level since 2023/12. There was a 0.3% increase in the previous quarter.

Dell plummeted close to 15% overtime and was unable to meet investor expectations in the AI server field
paddy $Dell Technologies(DELL.US)$It fell close to 15% overtime. The current stock price fell 14.77% to 144.83 dollars, and the trading price was 275.554 million dollars. The company announced financial results for the first quarter of fiscal year 2025 (fiscal year ending February-April) after 30 days of local closing. Sales rose 6.3% to 22.2 billion dollars, which exceeded market expectations, and guidance was also announced, showing sales forecasts that exceeded expectations for both the second quarter and full year.

Siri's AI overhaul accelerates iPhone upgrades = Bofa
BofA is $Apple(AAPL.US)$He pointed out that there is a possibility that the AI-centered Siri overhaul planned by will improve productivity and promote a new iPhone upgrade cycle. There is a high possibility that Siri will be able to control the functions of specific applications by voice, and there is a possibility that cooperation with various applications will deepen, from messaging to calling taxis. BofA maintained a “buy” rating for Apple and set a target stock price of 230 dollars.