Truist raises Nvidia stock target: 'Number one can become number one-er'
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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
Evercore ISI on Apple (AAPL): 'Solid quarter out of the App Store at 13% growth'
July 1, 2024 4:10 PM EDTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $250.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "App Store revenue grew +12% in June, a slight step down from the 15% rate in May as comps got more challenging. This brings the Jun-qtr growth rate to 13%, which could support upside to current Street... More
Despite discounting in China, iPhones lost share in May, US weak: UBS
July 1, 2024 6:59 AM EDTDespite heavy discounting during China's "618" shopping festival, UBS analysts warned that Apple (NASDAQ: AAPL) iPhone sales continue to struggle.
"iPhone 'sell-through' remained soft, declining 2% YoY (Source: Counterpoint)," the bank's note reads, marking the fifth consecutive month of year-over-year decline.
The weakness wasn't limited to China. "The US was weak despite an easy comp," UBS highlights. US sales reportedly fell a significant 16% year-over-year. Europe offered a rare bright... More
