Futures slip, Nvidia falls on new U.S. chip restrictions - what's moving markets
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StreetInsider.com Top Tickers, 6/23/2026
- 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
- 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
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
JPM: 'revenue impact to AMD is $1.5-$1.8B on a total of $8 billion in GPU revenues this year and $16B in datacenter revenue'
April 16, 2025 4:25 PM EDTJPM: 'revenue impact to AMD is $1.5-$1.8B on a total of $8 billion in GPU revenues this year and $16B in datacenter revenue'
The analyst comments "For AMD, the team is booking an $800M inventory charge. We estimate the revenue impact to AMD is $1.5-$1.8B on a total of... More
JPM: 'revenue impact to Nvidia is $15-$16B on a total of $180B in datacenter revenues this year, or about 8-10% of the datacenter revenue'
April 16, 2025 4:24 PM EDTJPM: 'revenue impact to Nvidia is $15-$16B on a total of $180B in datacenter revenues this year, or about 8-10% of the datacenter revenue'
The analyst comments "New restrictions to China impacting shipments of Nvidias H20 and AMDs MI308 solutions. On Tuesday, after the market closed, Nvidia... More
ProLogis (PLD) PT Lowered to $106 at Evercore ISI
April 16, 2025 4:16 PM EDTEvercore ISI analyst Steve Sakwa lowered the price target on ProLogis (NYSE: PLD) to $106.00 (from $111.00) while maintaining a In Line rating.
The analyst comments "Wednesday before the market open, PLD reported Q1 results (initial take HERE) and core FFO of $1.42 was ahead our $1.37 est and consensus of $1.38. Relative to our model, we were assuming a 2c drag from promote expense in 1Q while PLD had just a 1c impact and the beat came from lower G&A, lower promote expense & higher development/management income. While... More
Stifel Reiterates Buy Rating on NVIDIA (NVDA), PT $180
April 16, 2025 11:49 AM EDTStifel analyst Ruben Roy reiterated a Buy rating and $180.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "Last night, NVDA announced that the U.S. government implemented an export control by means of the requirement of an indefinite license to export H20 processors to China (including Hong Kong, Macau and D:5 countries, as well as to companies headquartered or with parents therein). The company reported that they will incur a $5.5bn charge to inventory as result. We think the decision to do so signals either a lack in confidence that... More
Abbott Labs (ABT) PT Raised to $140 at Evercore ISI
April 16, 2025 11:38 AM EDTEvercore ISI analyst Vijay Kumar raised the price target on Abbott Labs (NYSE: ABT) to $140.00 (from $138.00) while maintaining a Outperform rating.
The analyst comments "Thesis Update: In an environment where uncertainty is the dominating theme, ability to protect bottom-line should be appreciated.... More
Stifel Reiterates Buy Rating on Abbott Labs (ABT)
April 16, 2025 8:47 AM EDTStifel analyst Rick Wise reiterated a Buy rating and $135.00 price target on Abbott Labs (NYSE: ABT).
The analyst comments "From our perspective, Abbott's first quarter report contained few surprises, both to the upside or the downside. First quarter 2025 numbers came in largely in-line with our own projections and Consensus estimates. Reported sales at $10.36B (+6.9% y/y) were in-line with our $10.35B... More
BTIG Reiterates Buy Rating on Abbott Labs (ABT)
April 16, 2025 8:46 AM EDTBTIG analyst Marie Thibault reiterated a Buy rating and $140.00 price target on Abbott Labs (NYSE: ABT).
The analyst comments "With adj. EPS two cents above expectations despite a minor sales miss, we think this was a solid quarter from Abbott. We breathe a sigh of relief to see ABT reaffirm its 2025 guide for sales, adj. operating margin, and adj. EPS. We think this matters most to investors. The company reported Q1 total revenue $10.358B (+6.9 y/y org. and +4.0% y/y rep.) that was ~$50M below consensus of $10.407B. Results were helped... More
Lynx Equity on NVIDIA (NVDA): 'We would be buyers on weakness of NVDA and MU', 'we expect the stock to get off the mat and find buyers'
April 16, 2025 7:52 AM EDTLynx Equity on NVIDIA (NASDAQ: NVDA): 'Loss of China business to be offset by the new Texas facility'
The analyst comments "Does the loss of the China business fundamentally change the trajectory at NVDA? We do not believe so. That the China business was at risk should come as no surprise; there had been plenty of warning from the previous administration. The Trump administration, in this one instance, is merely carrying out the guidance provided by the outgoing Biden administration. In the immediate aftermath of the announcement, the loss of a geography... More
