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StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
KeyBanc data indicates Apple (AAPL) hardware spending is below average
January 10, 2024 10:38 AM ESTKeyBanc Capital maintained a Sector Weight rating on Apple (NASDAQ: AAPL) in a note Wednesday, stating that key first look data (KFLD) shows indexed spending was below the three-year average.
According to analyst Brandon Nispel, the data showed indexed spending rose +27% month-on-month in... More
Apple (AAPL) App Store revenue rose 10% in December - BofA
January 9, 2024 11:19 AM ESTBank of America said in a note Tuesday that Apple's (NASDAQ: AAPL) App Store revenue increased by 10.1% year-on-year (YoY) globally in December and 10.2% year-on-year in China.
Furthermore, analyst Wamsi Mohan said that as per SensorTower data, App Store revenues in F1Q24 increased to $6.7... More
EV makers choose Nvidia (NVDA) for AI
January 8, 2024 1:49 PM ESTAmerican tech company, Nvidia (NASDAQ: NVDA) announced Monday that Chinese electric automaker, Li Auto (NASDAQ: LI) has chosen the NVIDIA DRIVE Thor centralized car computer to power its next-generation fleets.
NVIDIA also revealed the NVIDIA DRIVE Orin platform will be... More
Top pick NVIDIA's (NVDA) potential upside is significant - New Street Research
January 8, 2024 9:25 AM ESTNew Street Research named NVIDIA (NASDAQ: NVDA) as one of its top picks for 2024 in a recent note, noting the total addressable market (TAM) for AI data center chips.
"The $400bn TAM for AI data center chips AMD pitched last month may... More
