Reported 15 days ago
Intel Corporation (NASDAQ:INTC) is highlighted as one of the best American semiconductor stocks, with Bernstein reaffirming its Market Perform rating and a price target of $21. This comes amid reports of Intel's potential talks with Advanced Micro Devices, Inc. (AMD) for a foundry deal. Despite Bernstein's cautious approach due to the uncertainty of the deal and ongoing challenges for Intel, the stock remains a point of interest among investors. However, there are opinions suggesting that other AI stocks may present a better investment opportunity.
Source: YAHOO
Reported 15 days ago
HSBC has begun coverage of Lam Research Corporation (LRCX), assigning it a Hold rating with a price target of $127. The firm anticipates a 15.7% annual growth in diluted EPS from fiscal years 2025 to 2030, driven by increasing demand for wafer fabrication equipment. However, they caution that near-term revenue growth may slow due to sluggish spending in the wafer fab equipment sector. Despite a 30% gain in September, HSBC suggests that LRCX's stock price may already reflect much of the anticipated growth.
Source: YAHOO
Reported 15 days ago
Morgan Stanley has upgraded Micron Technology's rating from Equalweight to Overweight and increased its price target from $160 to $220, citing strong momentum in DRAM pricing and concerns about product availability through 2026 due to high demand for server and storage solutions. The firm anticipates significant price increases for server memory in late 2024 and early 2025, suggesting that current forecasts may be conservative.
Source: YAHOO
Reported 15 days ago
Advanced Micro Devices, Inc. (AMD) has entered a strategic partnership with OpenAI, which will see OpenAI deploying 6 gigawatts of AMD GPUs. Despite this positive development, Goldman Sachs has maintained a Neutral rating and a price target of $210 for AMD, citing potential funding risks and high customer concentration in AMD's GPU data center business. The partnership is expected to bolster AMD's revenue and earnings.
Source: YAHOO
Reported 15 days ago
Broadcom Inc. (NASDAQ:AVGO) has announced its latest advancements in AI networking solutions at the 2025 Open Compute Project Global Summit in San Jose, showcasing innovations like the Tomahawk 6 and Jericho4 Ethernet switches, as well as the new TH6-Davisson co-packaged optics. These technologies collectively aim to provide the high power and low latency necessary for managing modern AI workloads and ensuring reliable end-to-end infrastructure.
Source: YAHOO
Reported 15 days ago
The US has authorized the export of NVIDIA chips worth several billion dollars to the UAE, which will aid in the establishment of data centers crucial for AI development. This follows a bilateral AI agreement made in May, where the UAE committed to significant investments in the US. From 2025, the UAE is set to import 500,000 advanced AI chips from NVIDIA annually under this agreement, expected to last until at least 2027.
Source: YAHOO
Reported 15 days ago
Source: BARRONS
Reported 15 days ago
ON Semiconductor faces temporary challenges amid cyclical pressures but retains profitability and a strong focus on growth in high-demand sectors like automotive and industrial markets. Management's strategy emphasizes silicon carbide chips for electric vehicles and renewable energy, suggesting future prospects remain strong despite recent stock declines.
Source: YAHOO
Reported 15 days ago
US stock indexes rose today, buoyed by better-than-expected Q3 earnings that fostered a positive market sentiment. Notable tech stocks, particularly within the semiconductor sector, saw significant gains, with ASML and Morgan Stanley leading the surge. Dovish remarks from the Federal Reserve regarding potential interest rate cuts have further supported the upward trend in the market. Concerns over the US government shutdown and trade tensions with China are prompting increased buying of precious metals as safe havens.
Source: YAHOO
Reported 15 days ago
Source: BARRONS
Reported 15 days ago
Source: INVESTORS
Reported 15 days ago
Source: INVESTORS
Reported 15 days ago
Apple has introduced its new M5 processor, boasting improved AI performance in the latest 14-inch MacBook Pro and iPad Pro. The M5 features upgraded CPU and 10-core GPU with neural accelerators, delivering four times the GPU performance compared to the M4 and significant improvements in graphics and CPU speed. The new MacBook Pro claims up to 24 hours of battery life, while the iPad Pro offers faster memory and storage options. Apple's latest products aim to solidify its position in the AI space amid competition from Microsoft.
Source: YAHOO
Reported 15 days ago
Source: BARRONS
Reported 15 days ago
Warren Buffett's company, Berkshire Hathaway, is currently holding a record cash balance of $300 billion, primarily due to a significant stock-selling strategy. While Buffett's cautious approach comes amid economic concerns and potential rising tax rates on capital gains, it raises the question for investors about whether holding cash is wise. Experts warn that cash can hinder potential gains compared to stocks or bonds, so individuals should assess their financial goals and liquidity needs before making decisions about their own investments.
Source: YAHOO
Reported 15 days ago
Source: BARRONS
Reported 15 days ago
Gold prices have skyrocketed to over $4,100 per ounce, reaching a new record as investors flee from the collapsing cryptocurrency market, which saw billions in capital flight following a recent crash. Market analysts note that with a 56% year-to-date increase, gold is becoming an increasingly attractive safe-haven asset amidst economic uncertainties.
Source: YAHOO
Reported 15 days ago
AST SpaceMobile aims to revolutionize global connectivity by building the first satellite-to-smartphone broadband network, with plans to launch up to 60 satellites by 2026. The company, which has already seen its stock rise 1,100% in three years, stands to significantly increase its market reach among 5 billion mobile subscribers and capitalize on a rapidly growing wireless telecommunications market. With substantial funding and partnerships with major carriers, AST SpaceMobile could deliver substantial returns for investors if it successfully commercializes its technology.
Source: YAHOO
Reported 15 days ago
House of Modo, the eyewear brand known for Italia Independent and Eco labels, has received a $100 million minority investment from Valiant Asset Management Ltd. to enhance its growth while maintaining independence. The leadership team plans to continue its commitment to innovation and sustainability as the company expands its operations globally.
Source: YAHOO
Reported 15 days ago
Wall Street is expecting Ameriprise Financial Services (AMP) to report a year-over-year earnings increase of 8.7% for the third quarter, with earnings estimated at $9.60 per share and revenues projected at $4.52 billion, representing a 4% rise. The company’s recent estimate revisions are optimistic, suggesting a positive earnings outlook, and the current Zacks Rank indicates a strong likelihood of beating consensus estimates. However, investors should also consider broader market factors and earnings history when making investment decisions.
Source: YAHOO
Reported 15 days ago
CVS Health has seen a remarkable 76% increase in its share price in 2023, driven by better-than-expected financial results despite ongoing challenges in its Medicare Advantage unit. The stock is trading at a lower valuation than the industry average, making it potentially undervalued. With plans to focus on improving profit margins and a diverse healthcare ecosystem, CVS's long-term outlook appears promising, appealing to investors looking for growth in the healthcare sector.
Source: YAHOO
Reported 15 days ago
Source: BARRONS
Reported 15 days ago
Market analysts suggest purchasing a put option on December silver futures as prices reach record highs, potentially nearing a peak. Historical trends indicate that silver prices above $50 tend to decline swiftly, and recent bearish signals in the Relative Strength Index (RSI) reinforce this view. The surge in prices has been driven by safe-haven demand amidst geopolitical tensions, but signs suggest these tensions may ease. Investors might find value in out-of-the-money put options, targeting a price drop to $40 or below before options expiration in late November.
Source: YAHOO
Reported 15 days ago
Source: INVESTORS