U.S. futures muted, Intuit's free TurboTax users slip - what's moving markets
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StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices 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
- 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
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Melius Reiterates Buy Rating on NVIDIA (NVDA), 'Attractive on PE to Growth'
May 28, 2024 6:19 AM EDTMelius analyst Ben Reitzes reiterated a Buy rating and $1,250.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "Attractive on PE to Growth: Even with a decelerating growth rate on huge numbers, Nvidia's next 12-month (NTM) PEG ratio stands at about 1.1 on... More
A strong first 100 days suggests a strong rest of the year for the S&P 500
May 25, 2024 3:30 AM EDTAnalysts at Bank of America Securities said in a note Friday that the S&P 500's strong first 100 days paves the way for a bullish rest of the year.
According to the bank's research, when the S&P 500 is up 10%+ in the first 100 days, the rest of the year is strong: up 76% of the time on an average return of 7.1% (9.3% median).
"Success breeds success. May 23 was... More
Edward Jones Reiterates Buy Rating on Intuit (INTU)
May 24, 2024 8:17 AM EDTEdward Jones analyst Logan Purk reiterated a Buy rating on Intuit (NASDAQ: INTU).
The analyst comments "Leader in Tax-Prep and Business Software - Intuit maintains about a 73% market share in tax-filing software and about a 70% share in business-accounting software. With customer retention rates... More
