Reported 23 days ago
Ascendion has joined ServiceNow's Consulting and Implementation Partner Program to enhance AI integration in businesses. This partnership aims to incorporate intelligent solutions into workflows, modernize operations, and elevate service delivery. Ascendion's Chief Growth Officer emphasized that the collaboration is about preparing organizations for an AI-centric future by merging innovative technology with strategic execution.
Source: YAHOO
Reported 23 days ago
SAP SE has received an ‘Overweight’ rating from Piper Sandler with a price target of EUR 350, reflecting analysts' confidence in the company's growth prospects, particularly in the cloud segment of the software industry. The firm anticipates that SAP will maintain double-digit revenue growth and achieve significant margin improvements, predicting free cash flow growth of 15% to 20% annually through 2030.
Source: YAHOO
Reported 23 days ago
Amazon (AMZN) has partnered with Roku (ROKU) to enhance connected TV advertising by creating the largest authenticated user footprint. This strategic alliance allows advertisers to access about 80 million US households via Amazon's platform, resulting in increased unique reach and improved campaign efficiency. The partnership aims to elevate ad performance and measurement across popular streaming services, marking a significant shift in the advertising landscape.
Source: YAHOO
Reported 23 days ago
Astera Labs, Inc. (NASDAQ:ALAB) has partnered with Alchip Technologies as of June 16, 2025, to enhance the development of next-generation AI infrastructure. This collaboration aims to combine Alchip’s ASIC development expertise with Astera Labs’ connectivity solutions, delivering interoperable systems for hyperscalers. The partnership focuses on creating advanced AI infrastructure that meets increasing performance demands and supports industry standards such as Ethernet and NVLink Fusion.
Source: YAHOO
Reported 23 days ago
JPMorgan analyst Tien Tsin Huang has raised the price target for Accenture (ACN) from $349 to $353 while maintaining an Overweight rating. The adjustment reflects optimism regarding the company's fiscal third-quarter results, which are expected to meet revenue forecasts with a slight earnings increase due to currency fluctuations. Accenture is recognized as a key player in the AI stock market and is projected to maintain steady revenue in fiscal 2025.
Source: YAHOO
Reported 23 days ago
Jefferies has increased the price target for CyberArk Software Ltd. (NASDAQ:CYBR) to $480 from $430 while reaffirming its Buy rating. This adjustment reflects confidence in CyberArk's strong market position amid rising cyber threats, supported by a notable 16% annual gain in stock price, 35.12% revenue growth, and a gross profit margin of 77.91%. Jefferies anticipates significant growth in the company's annual recurring revenue driven by new customers, maintenance conversions, and cross-selling opportunities.
Source: YAHOO
Reported 23 days ago
Synopsys Inc. (SNPS) has partnered with Samsung Foundry to advance next-generation chip designs that support edge AI and high-performance computing applications. Their collaboration aims to deliver complex multi-designs and improve technology development, already achieving success with an HBM3 design. Synopsys has also received certification for its AI-driven digital and analog flows compatible with Samsung's SF2 processes and expanded its IP portfolio for the automotive sector.
Source: YAHOO
Reported 23 days ago
Bernstein SocGen Group has raised its price target for Adobe Inc. (ADBE) to $530 from $525, maintaining an 'Outperform' rating based on the company's promising prospects in artificial intelligence. They anticipate 10% revenue growth, improved margins, and significant earnings per share growth due to stock buybacks. Despite their optimism, Bernstein is cautious and seeks further clarity on Adobe's AI monetization strategy.
Source: YAHOO
Reported 23 days ago
Nokia has announced significant leadership changes within its Network Infrastructure division. Federico Guillén will retire after serving as President, effective December 31, 2025, with David Heard, former Infinera CEO, set to replace him starting July 1, 2025. Additionally, Victoria Hanrahan joins as Chief of Staff to enhance strategic execution. These moves aim to strengthen Nokia's leadership and drive innovation amidst a growing AI focus.
Source: YAHOO
Reported 23 days ago
US stock markets experienced a mixed day as investors considered President Trump's delayed decision on military action in Iran and hints from a Fed governor about possible interest rate cuts in July. While the Dow Jones Industrial Average remained stable, the S&P 500 and Nasdaq saw slight declines, impacted by various economic developments including rising oil prices and a negative report on semiconductor stocks due to US-China trade tensions.
Source: YAHOO
Reported 23 days ago
A recent study reveals that both Millennials and Gen Z are struggling with financial literacy, but Gen Z scores lower, averaging just 38% on financial literacy tests compared to Millennials at 46%. Gen Z also carries more personal debt, averaging $94,101 versus $59,181 for Millennials, raising concerns about their financial preparedness. Despite facing significant pressure, both generations must improve their financial knowledge and habits to better manage their finances and future stability.
Source: YAHOO
Reported 23 days ago
Drivalia, part of CA Auto Bank Group, has launched monthly subscription services for light commercial vehicles aimed at artisans, professionals, and small businesses. The 'Be Free Evo Pro' and 'Be Free Evo Pro Max' services address the demand for flexible mobility and lower fixed costs associated with vehicle ownership. The plans offer a range of vehicles, flexible monthly contracts, and various add-ons, allowing customers to cancel anytime without penalties.
Source: YAHOO
Reported 23 days ago
TD Cowen analyst Lance Vitanza reaffirmed a Buy rating on MicroStrategy (NASDAQ:MSTR), setting a price target of $590, after the company acquired 10,100 Bitcoins for approximately $1.05 billion. With this latest purchase, MicroStrategy's total Bitcoin holdings amount to 592,100 coins, representing about 2.8% of the total Bitcoin supply and valued collectively at over $63 billion.
Source: YAHOO
Reported 23 days ago
Needham analyst John Todaro increased the price target for Riot Platforms Inc. (NASDAQ:RIOT) from $12 to $15, retaining a Buy rating due to promising opportunities at its Corsicana site, which is expected to meet the growing demand for high-performance computing. The site's favorable location near Dallas and significant capacity position it well for future growth. Although major leases are anticipated by mid-2026, Todaro highlights the potential financial impact on the stock price.
Source: YAHOO
Reported 23 days ago
Rosenblatt Securities has raised the price target for Bitdeer Technologies (NASDAQ:BTDR) from $15 to $20, maintaining a Buy rating due to significant operational growth and advancements in self-mining capabilities. The company's hash rate and Bitcoin production are notably increasing, driven by the use of advanced SEALMINER equipment and new energy-efficient facilities in Bhutan and Norway. The upgrade highlights Bitdeer's role as a leading vertically integrated Bitcoin miner in the cryptocurrency space.
Source: YAHOO
Reported 23 days ago
Needham analyst John Todaro has increased the price target for Core Scientific, Inc. (NASDAQ:CORZ) from $16 to $18 while maintaining a Buy rating. The upgrade is attributed to growing confidence in the company among investors and a strong demand environment for Bitcoin mining that is expected to outpace supply over the next five years. Despite this positive outlook and attractive valuation, CORZ continues to trade at a discount compared to its peers.
Source: YAHOO
Reported 23 days ago
Elon Musk's xAI Corp. has made its $5 billion debt offering more attractive to investors, offering higher yields as Morgan Stanley seeks commitments amid a backdrop of financial concerns and Musk's public disputes. The company needs this funding to support its operations, as it has reported significant monthly losses, with revenues projected to be much lower compared to competitors like OpenAI.
Source: YAHOO
Reported 23 days ago
Rosenblatt Securities has maintained a Buy rating on TeraWulf Inc. (NASDAQ:WULF) and raised its price target from $4.50 to $6 following insights gained from the company's Annual Tech Summit. The firm expressed increased optimism regarding TeraWulf's market position, citing it as a compelling investment with significant upside potential despite recent gains. TeraWulf specializes in data center infrastructure for high-performance computing and Bitcoin mining, using sustainable energy sources.
Source: YAHOO
Reported 23 days ago
Cantor Fitzgerald has reaffirmed its Buy rating on Cipher Mining Inc (NASDAQ:CIFR) and increased the price target from $4 to $6. The firm highlights Cipher Mining's impressive production of 179 Bitcoin in May, resulting in approximately $18.5 million in mining revenue. Positioned as one of the fastest-growing Bitcoin miners, Cipher Mining operates four data centers in Texas, emphasizing its role in enhancing the Bitcoin network's infrastructure. Despite this positive outlook, the report suggests that some AI stocks might offer greater investment potential.
Source: YAHOO
Reported 23 days ago
Roth MKM has reiterated its Buy rating on IREN Limited (NASDAQ:IREN), setting a price target of $20.75. The company recently reported record financial results, including $148.1 million in Q3 2025 revenues, driven by significant growth in Bitcoin mining and AI cloud services. IREN Limited is recognized for its renewable energy-powered data centers tailored for Bitcoin mining and AI computing.
Source: YAHOO
Reported 23 days ago
BTIG has maintained a Buy rating on CleanSpark (NASDAQ:CLSK) and set a price target of $22. Analyst Gregory Lewis noted the company's significant growth, making it the second largest US-listed bitcoin miner by hash capacity, with a 350% increase since late 2023. CleanSpark holds approximately 12,500 bitcoins, the third highest among miners, as it continues to expand its market share. While BTIG sees potential in CleanSpark, they also suggest some AI stocks may offer better upside.
Source: YAHOO
Reported 23 days ago
H.C. Wainwright analyst Kevin Dede has maintained a Buy rating on BitFuFu Inc. (NASDAQ:FUFU) with a target price of $7.00, due to the company's strong growth potential and strategic market positioning. BitFuFu ranks as one of the top five publicly traded bitcoin miners, achieving a significant hash rate and power output, and is expanding its services with a hybrid model that integrates self-mining with cloud offerings. The company’s upcoming plans, including facility acquisitions and new mining machines, may further enhance its market position.
Source: YAHOO
Reported 23 days ago
H.C. Wainwright has maintained a Buy rating on Bit Digital, Inc. (NASDAQ:BTBT) with a price target of $7. The rating is based on the company's promising transition from bitcoin mining to high-performance computing, which has led to a stable revenue stream, including an 84% year-over-year growth in cloud services revenue. The firm anticipates further growth from new facilities and client acquisition in the HPC sector, despite some uncertainties regarding infrastructure supply.
Source: YAHOO
Reported 23 days ago
Cantor Fitzgerald has reaffirmed its bullish stance on Hive Digital Technologies Ltd. (NASDAQ:HIVE), maintaining a Buy rating with a price target of $5.00. The company recently surpassed 10 exahash per second in global Bitcoin mining capacity. This increase was driven by the successful operations of its hydro-powered facility in Paraguay, making Hive a prominent player in energy-efficient Bitcoin mining.
Source: YAHOO
Reported 23 days ago
U.S. Federal Reserve Governor Christopher Waller suggested that the Fed consider rate cuts as early as July, arguing that recent inflation data shows moderate increases and a need to support the job market. His comments highlighted a division within the Fed, with some policymakers cautious about cutting rates while inflation remains above target. Richmond Fed President Tom Barkin emphasized the continued significance of inflation concerns and the absence of urgency for immediate cuts, illustrating a split in views regarding the impact of tariffs and the overall economic outlook.
Source: YAHOO