U.S. futures inch higher, Nvidia to report this week - what's moving markets
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StreetInsider.com Top Tickers, 6/23/2026
- 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
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Bank of America discusses implications of AI PC war on chipmakers
May 21, 2024 1:59 PM EDTIn a note to clients Tuesday, analysts at Bank of America discussed the implications of the artificial intelligence PC war on chipmakers, stating it sees a positive read-through for some names.
BofA sees positives for Arm Holdings (NASDAQ: ARM), while it believes the... More
NVIDIA (NVDA) PT Raised to $1,100 at CFRA
May 21, 2024 11:51 AM EDTCFRA analyst Angelo Zino raised the price target on NVIDIA (NASDAQ: NVDA) to $1,100.00 (from $1,000.00) while maintaining a Buy rating.
The analyst comments "We up our 12-month target to $1,100 from $1,000, on a P/E of 35x our CY 25 EPS view, above peers but below... More
Barclays Reiterates Overweight Rating on Alphabet (GOOGL)
May 21, 2024 6:24 AM EDTBarclays analyst Ross Sandler reiterated an Overweight rating and $200.00 price target on Alphabet (NASDAQ: GOOGL)
The analyst comments "The big breakthrough we saw this week was around AI multi-modal products running very fast on a single neural network, with very low latency and speedy responses, which provides a glimpse into where things are likely headed. The introduction of compelling voice inputs and voice/text/image... More
Rosenblatt Previews NVIDIA (NVDA) Earnings
May 20, 2024 6:46 AM EDTRosenblatt analyst Hans Mosesmann reiterated a Buy rating and $1,400.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "We expect NVIDIA to beat and raise in the April quarter, albeit not reaching the levels of the January quarter, due to improved supply and anticipated year-over-year deceleration from tougher comparisons. We believe that NVIDIA is still facing shortages of CoWoS and HBM, although the shortage of CoWoS is... More
UBS Reiterates Neutral Rating on Alphabet (GOOGL)
May 20, 2024 6:10 AM EDTUBS analyst Lloyd Walmsley reiterated a Neutral rating and $173.00 price target on Alphabet (NASDAQ: GOOGL).
The analyst comments "Heading into GML 2024, we look for product releases to showcase how Google is leveraging genAI tech in both horizontal (across more sectors) and vertical (across more parts of the value... More
NVIDIA (NVDA) PT Raised to $1,200 at Baird
May 20, 2024 5:24 AM EDTBaird analyst Tristan Gerra raised the price target on NVIDIA (NASDAQ: NVDA) to $1,200.00 (from $1,050.00) while maintaining a Outperform rating.
The analyst comments "Raising estimates/price target on continued strength in AI-related demand for Nvidia. There is no match to Nvidia's products offering... More
