Arm files for IPO, Microsoft alters Activision deal - what's moving markets
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StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Needham Starts NeoVolta (NEOV) at Buy
NVIDIA (NVDA) PT Raised to $600 at CFRA, 'we see FCF growth at +$23B in FY 24'
August 24, 2023 10:10 AM EDTCFRA analyst Angelo Zino raised the price target on NVIDIA (NASDAQ: NVDA) to $600.00 (from $500.00) while maintaining a Buy rating.
The analyst comments "We increase our 12-month target to $600 from $500, on P/E of 32.6x our CY 25 EPS view, above peers but below... More
Needham remains bullish on Rivian (RIVN) as data shows strong secondary market
August 24, 2023 9:41 AM EDTNeedham reiterated a Buy rating on Rivian Automotive (NASDAQ: RIVN) with a 12-month price target of $31.00 after performing a used vehicle marketplace check.
According to the checks, Rivian's used market is looking stronger compared to its only rival in the electric pickup game. The transaction data also reveals steady pricing for used vehicles, boosting confidence in owner satisfaction and vehicle demand, and the path towards Needhams... More
Former XPeng (XPEV) autonomous driving head joins Nvidia (NVDA)
August 24, 2023 8:24 AM EDTWu Xinhou, the former vice president of autonomous driving at Xpeng (NYSE: XPEV), announced Thursday that he is joining U.S. artificial intelligence giant Nvidia (NASDAQ: NVDA).
Although Wu didn't provide specific details about his new position at Nvidia,... More
NVIDIA (NVDA) PT Raised to $605 at Goldman Sachs, 'Strong Gen AI Demand and Improving Supply to Drive Continued Outperformance'
August 24, 2023 5:49 AM EDTGoldman Sachs analyst Toshiya Hari raised the price target on NVIDIA (NASDAQ: NVDA) to $605.00 (from $495.00) while maintaining a Buy rating.
The analyst comments "Nvidia delivered against heightened investor expectations as growing investments in Gen AI infrastructure drove a 21% revenue beat and non-GAAP EPS (excl. SBC)... More
NVIDIA (NVDA) PT Raised to $600 at BMO Capital, 'High Bar? Not a Problem'
August 24, 2023 5:06 AM EDTBMO Capital analyst Ambrish Srivastava raised the price target on NVIDIA (NASDAQ: NVDA) to $600.00 (from $550.00) while maintaining a Outperform rating.
The analyst comments "The company delivered another meaningful beat and raise. The AI demand continues to climb meaningfully higher. NVIDIA's visibility is... More
