Debt limit progress, weak Chinese data - what's moving markets
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StreetInsider.com Top Tickers, 6/11/2026
- Wall St set to gain on tech rebound, Middle East in focus
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil gains after Trump says US will hit Iran 'very hard tonight'
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Crude Inventory Fell 7.2 Million Barrels Last Week, Says EIA
- Wall Street indexes fall more than 1%, hit by tech, Iran war worries
Citi Out Positive on NVIDIA (NVDA)
May 31, 2023 10:43 AM EDTCiti analyst Atif Malik reiterated a Buy rating and $420.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "Mercury Research released 1Q23 graphics data yesterday. While the data is backward looking, we saw on a Q/Q basis that NVDA GPU revenue... More
Key product announcements boost NVIDIA's (NVDA) AI position - BofA
May 31, 2023 9:53 AM EDTBofA analyst Vivek Arya lifted the NVIDIA (NASDAQ: NVDA) price target to $500 from $450 per share in a note Wednesday, maintaining a Buy rating on the stock.
The upgrade follows the Nvidia CEO's keynote at the annual computer expo, Computex, in Taiwan over the holiday weekend,... More
Bullish flows continue but large profit levels may limit upside for stocks - Citi
May 31, 2023 6:17 AM EDTInvestors continue to add more risk to U.S. equities, according to Citi strategist Chris Montagu. Last week, during which the S&P 500 added 0.3%, bullish flows increased.
Nasdaq positioning is now at 3-year highs with elevated profit levels, Montagu notes. Tech stocks are surging amid AI-linked frenzy with Nasdaq... More
