TSMC stock correction overdone amid reports of Nvidia delays- Citi

Google search share declined marginally in July - report

According to a recent note from Bank of America, Google's global search market share experienced a slight decline in July.

The investment bank said Statcounter data revealed that Google's share decreased by 4 basis points (bps) month-over-month (m/m) and 105 bps year-over-year (y/y), settling at 91.0%.

In contrast, they note that Bing's share increased by 16 bps m/m and 89 bps y/y, reaching 3.9%. Other search engines, including Yandex, Baidu, Naver, and DuckDuckGo, saw a decline of 10 bps m/m but an increase of 9 bps... More

Arm upgraded at Bernstein as mobile and cloud growth offer 'more elbow room'

Bernstein analysts upgraded Arm Holdings (NASDAQ: ARM) to Market-Perform in a note Wednesday, raising its price target for the stock to $100 from $92 per share. The firm cited increased confidence in mobile and cloud growth as key drivers.

Bernstein noted that Arm's share price has declined by approximately 40% in the past four weeks, prompting a reevaluation of its valuation.

The analysts now believe that the adoption of... More

Bernstein SocGen Group Upgrades Arm Holdings (ARM) to Market Perform

Bernstein SocGen Group analyst Sara Russo upgraded Arm Holdings (NASDAQ: ARM) from Underperform to Market Perform with a price target of $100.00 (from $92.00).

The analyst comments "With Arms share price down ~40% in four weeks and more confidence in mobile royalty growth, we... More

SMCI earnings call will be under microscope for Nvidia read through

The earnings call for Super Micro Computer (NASDAQ: SMCI) today is garnering interest as market analysts and investors seek insights into NVIDIA (NASDAQ: NVDA) performance and the overall state of AI investments.

According to a note from Lynx Equity Strategies, this call is especially critical given recent expectations set by SMCI management for strong growth in the September and December quarters, driven by the ramp-up of... More

New Street Research Upgrades NVIDIA (NVDA) to Buy

(Updated - August 6, 2024 9:12 AM EDT)

New Street Research analyst Pierre Ferragu upgraded NVIDIA (NASDAQ: NVDA) from Neutral to Buy with a price target of $120.00.

The analyst comments "Since the peak of June, Nvidias stock has pulled back by 26%, underperforming most... More

Rosenblatt Defending NVIDIA (NVDA)

Rosenblatt analyst Hans Mosesmann reiterated a Buy rating and $200.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "NVDA shares are under pressure due to continued rumors of a several-month delay in Blackwell B200 GPUs due to an undisclosed silicon flaw.... More