US stock futures rise as Nvidia cheer offsets Fed jitters
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- Nasdaq futures drop over 2% on concerns over AI buildout costs, Fed rate outlook
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil steady 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
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Netlist (NLST) awarded $445m in patent infringement trial against Micron (MU)
May 24, 2024 8:54 AM EDTNetlist (OTC: NLST) has secured a $445 million damages award in a patent infringement case against Micron Technology (NASDAQ: MU), including its subsidiaries Micron Semiconductor Products and Micron Technology Texas LLC.
The verdict, delivered by a... More
Seaport Global Securities Reiterates Buy Rating on Live Nation Entertainment (LYV)
May 24, 2024 6:10 AM EDTSeaport Global Securities analyst David Joyce reiterated a Buy rating and $115.00 price target on Live Nation Entertainment (NYSE: LYV).
The analyst comments "The Department of Justice finally filed its antitrust lawsuit against Live Nation Entertainment (and thereby going counter to its 2010 approval of their merger - could that open... More
Citi Reiterates Buy Rating on Live Nation Entertainment (LYV)
May 23, 2024 4:06 PM EDTCiti analyst Jason Bazinet reiterated a Buy rating and $130.00 price target on Live Nation Entertainment (NYSE: LYV)
The analyst comments "Earlier today, the DOJ and a group State Attorneys General filed an antitrust lawsuit against Live Nation. We learned three interesting things... More
NVIDIA (NVDA) PT Raised to $1,100 at Argus
May 23, 2024 7:26 AM EDTArgus analyst Jim Kelleher raised the price target on NVIDIA (NASDAQ: NVDA) to $1,100.00 (from $950.00) while maintaining a Buy rating.
The analyst comments "Reaffirming BUY and raising target price to $1,100. Nvidia meaningfully exceeded aggressive consensus estimates for fiscal 1Q25, with revenue blowing by the... More
NVIDIA (NVDA) PT Raised to $1,400 at Cantor Fitzgerald
May 23, 2024 6:37 AM EDTCantor Fitzgerald analyst C.J. Muse raised the price target on NVIDIA (NASDAQ: NVDA) to $1,400.00 (from $1,200.00) while maintaining a Overweight rating.
The analyst comments "The midnight train of NVIDIA continues to execute to perfection and unlike that small town girl and city boy, Jensen knows exactly where he is going. The next industrial revolution has begun with companies and countries partnering with NVDA to accelerate compute in AI factories and deliver Artificial Intelligence. And aided by a world-class technology platform approach enabled by both hardware and software, coupled with annual cadence of technological improvements... More
HSBC Reiterates Buy Rating on NVIDIA (NVDA)
May 23, 2024 6:09 AM EDTHSBC analyst Frank Lee reiterated a Buy rating and $1,350.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "NVIDIA's 1Q25 (Jan YE) sales of USD26bn beat consensus of USD24.7bn but were in-line with our estimate of USD26bn, along with... More
NVIDIA (NVDA) PT Raised to $1,200 at UBS
May 23, 2024 5:37 AM EDTUBS analyst Timothy Arcuri raised the price target on NVIDIA (NASDAQ: NVDA) to $1,200.00 (from $1,150.00) while maintaining a Buy rating.
The analyst comments "Results + guidance were well ahead of Street but were both as we previewed and met investor bogeys. More than the numbers though, several other factors skew the debate in a positive direction. 1) mgmt is subtly extending revenue visibility farther into the future with commentary that demand... More
NVIDIA (NVDA) PT Raised to $1,250 at Wolfe Research
May 23, 2024 5:29 AM EDTWolfe Research analyst Chris Caso raised the price target on NVIDIA (NASDAQ: NVDA) to $1,250.00 (from $1,200.00) while maintaining a Outperform rating.
The analyst comments "NVDAs report came in as we had expected, a strong report with ~5% upside to JulQ revenue guidance vs.... More
NVIDIA (NVDA) PT Raised to $1,320 at BofA Securities
May 23, 2024 5:20 AM EDTBofA Securities analyst Vivek Arya raised the price target on NVIDIA (NASDAQ: NVDA) to $1,320.00 (from $1,100.00) while maintaining a Buy rating.
The analyst comments "Reiterate Buy, top sector pick on NVDAs unparalleled combination of: 1) turnkey system design that we think can sustain 80%+... More
NVIDIA (NVDA) PT Raised to $1,000 at Deutsche Bank
May 23, 2024 5:12 AM EDTDeutsche Bank analyst Ross Seymore raised the price target on NVIDIA (NASDAQ: NVDA) to $1,000.00 (from $850.00) while maintaining a Hold rating.
The analyst comments "One year after one of the most stunning beats/raises in market history, NVDA delivered another now-trademark multi-billion... More
NVIDIA (NVDA) PT Raised to $900 at DA Davidson
May 23, 2024 5:10 AM EDTDA Davidson analyst Gil Luria raised the price target on NVIDIA (NASDAQ: NVDA) to $900.00 (from $620.00) while maintaining a Neutral rating.
The analyst comments "NVIDIA reported strong 1Q25 earnings exceeding expectations across the board. We continue to believe that this year NVIDIA will... More
NVIDIA (NVDA) PT Raised to $1,310 at Evercore ISI
May 23, 2024 5:08 AM EDTEvercore ISI analyst Mark Lipacis raised the price target on NVIDIA (NASDAQ: NVDA) to $1,310.00 (from $1,160.00) while maintaining a Outperform rating.
The analyst comments "We remain buyers of NVDA after it beat and raised by 9%/4%, consistent with our preview (AprQ EPS Preview: Long and Strong Into the Print). We continue to view NVDA as our top 4th Tectonic Shift in Computing pick. Mgmt comments increased our conviction... More

