Nvidia dips amid drop in chipmaking stocks, Bitcoin choppy - what's moving markets
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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
- KKR launches Helix with over $10 billion to build AI infrastructure
NVIDIA (NVDA) PT Raised to $175 at Cantor Fitzgerald
June 26, 2024 6:31 AM EDTCantor Fitzgerald analyst C.J. Muse raised the price target on NVIDIA (NASDAQ: NVDA) to $175.00 (from $140.00) while maintaining a Overweight rating.
The analyst comments "As NVDA has now grown to be one of the largest market cap companies globally (~$3T), the... More
NVIDIA (NVDA) PT Raised to $150 at Citi
June 26, 2024 5:05 AM EDTCiti analyst Atif Malik raised the price target on NVIDIA (NASDAQ: NVDA) to $150.00 (from $126.00) while maintaining a Buy rating.
The analyst comments "We increase our above consensus CY25/26 EPS by 7%/13% to reflect growing 2025 build plan of GB200 for both NVL36/76 configurations... More
Microsoft: Gen-AI CapEx efficiency significantly outpacing that of Azure build out - Goldman
June 25, 2024 8:59 AM EDTGoldman Sachs reiterated its Buy rating on Microsoft (NASDAQ: MSFT) with a $515 price target in a note this week, citing strong returns on the company's investments in Generative AI (Gen-AI).
While some investors are concerned about the return on investment (ROI) for Gen-AI, Goldman Sachs sees parallels to the company's successful Azure cloud computing build-out.
"We draw several parallels to the Azure infrastructure build-out in which Azure CapEx intensity (CapEx / Azure Revenue) stabilized... More
