Chip stock targets raised at Mizuho following recent rally
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- Wall St set to gain on tech rebound, Middle East in focus
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil prices steady as investors weigh US-Iran war escalation
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Crude Inventory Fell 7.2 Million Barrels Last Week, Says EIA
- Pentagon reportedly locked down, hazmat teams responding
Goldman on Apple (AAPL): 'we recognize that market demand may be challenged as overall mobile phone market trends worsened'
July 7, 2025 12:44 PM EDTGoldman Sachs analyst Michael Ng reiterated a Buy rating and $253.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "BOTTOM LINE: May 2025 foreign-branded phone shipments in China declined 10% yoy, outperforming the broader Chinese market which declined 22% yoy in the month. This marks the first month of outperformance relative to the broader Chinese smartphone market since May 2024. Relative strength in foreign-branded smartphone shipments as compared to domestic... More
Lynx Equity on Report of Govt Draft Rule Regarding Chip Shipment Restrictions: 'We would disregard the report, pending clarification of the sources'
July 7, 2025 8:14 AM EDTLynx Equity on Report of Govt Draft Rule Regarding Chip Shipment Restrictions: 'We would disregard the report, pending clarification of the sources'
The analyst comments "What happened: A news report appeared on Bloomberg over the long weekend stating that as per a draft rule, the Commerce department is looking to restrict shipments of AI chips from the likes of NVDA to Malaysia and Thailand, part of an effort to crack down on suspected smuggling into China. The article used anonymous sources Net/Net: We... More
