Citi: Tech, large caps expected to lead positive surprises for Q2 earnings

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BTIG: Significant divergences still remain heading into 2H

July 1, 2024 8:14 AM EDT

BTIG analysts warn that "significant divergences still remain heading into 2H" in a recent note.

The investment firm highlights the underperformance of small-cap stocks and lingering questions about interest rates.

The "breadth expansion" of late 2023, characterized by strong performance across sectors, failed to materialize despite easing inflation and lower interest rates, they... More

Nvidia 'remains the most compelling narrative in the AI semis space'

July 1, 2024 6:40 AM EDT

The NVIDIA (NASDAQ: NVDA) stock price target was lifted to $144 from $116 by analysts at Morgan Stanley in a note Monday, with the bank maintaining an Overweight rating on the stock.

Morgan Stanley said it is raising the target for the semiconductor company's shares following positive data points in Asia.

"We had positive data points from both our Taiwan... More