After-hours movers: Super Micro Computer, J.B. Hunt, and more
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- S&P 500, Nasdaq register best quarter since 2020 despite Iran war
- Dollar pushes higher, yen sinks to 40-year low
- NVIDIA stock gains as SemiAnalysis sees H2 data center revenue 20% above consensus
- Citi says bearish flows are building in Nasdaq and S&P 500
- Patrick and LCI Industries to merge in all-stock deal
- Mizuho says ignore Apple noise, flags key catalyst for Micron and memory in H2
- EchoStar Prepares Dish DBS Bankruptcy Filing as Soon as Tuesday - WSJ
- Strategy stock jumps 7% as firm shifts to active capital management
- New leader board: Citi refreshes AI compute semiconductor picks
- S&P 500, Nasdaq register best quarter since 2020 despite Iran war
Citi raises Coinbase (COIN) target but remains neutral on regulatory risk
January 19, 2024 9:12 AM ESTCiti lifted its Coinbase (NASDAQ: COIN) target price to $151 from $90 per share in a note Friday, maintaining a Neutral rating on the stock.
In the memo, analyst Peter Christiansen spoke on the cryptocurrency exchange's defense vs the SEC lawsuit, which he... More
Super Micro Computer (SMCI) surges after lifting guidance
January 19, 2024 8:17 AM ESTShares of Super Micro Computer (NASDAQ: SMCI) have jumped more than 11% premarket after the company raised its second-quarter guidance.
The company said it is experiencing a strong market and end customer demand for its rack-scale, AI and Total IT Solutions in the second quarter, ended December 31. As a result, it now sees net sales coming in from $3.6 billion to $3.65 billion, up... More
