Market News
Latest financial news and analysis from global markets
NVDA
Seagate and Western Digital: AI Storage Demand Is Now Showing Up in Pricing Power
Introduction Artificial Intelligence (“AI”) and generative AI such as ChatGPT necessitate the need for substantial memory and storage capabilities for the storage of extensive datasets, training intricate models, and handling vast volumes of data processing. Nvidia (NVDA) is the poster child of AI and generative AI through its GPU (graphical processing units) chips. GPUs are ... Seagate and Western Digital: AI Storage Demand Is Now Showing Up in Pricing Power
BAC
Bank of America agrees to $2.25 million settlement in ATM fee lawsuit
Bank of America has agreed to a $2.25 million settlement to resolve a class-action lawsuit over fees charged at ATMs in 7-Eleven stores.
ABNB
Strong Growth, Mixed Outlook: What’s Next for Airbnb, Inc. (ABNB)?
Airbnb, Inc. (NASDAQ:ABNB) is among the stocks with the best earnings growth for the next 10 years. On May 11, Trevor Young from Barclays lifted the price target on Airbnb, Inc. (NASDAQ:ABNB) from $122 to $125 and reiterated an Equal Weight rating. The firm’s estimate reflects a potential downside of approximately 7%. Wall Street has […]
NVDA
Oracle Corporation (ORCL) Named Top Pick as Oppenheimer Lifts Price Target
Oracle Corporation (NYSE:ORCL) is among the stocks with the best earnings growth for the next 10 years. On May 12, Brian Schwartz from Oppenheimer lifted the price target on Oracle Corporation (NYSE:ORCL) to $235 from $210 and reiterated an Outperform rating. While highlighting positive developments during the current quarter, which will strengthen its superior EPS […]
ORCL
Oracle Corporation (ORCL) Named Top Pick as Oppenheimer Lifts Price Target
Oracle Corporation (NYSE:ORCL) is among the stocks with the best earnings growth for the next 10 years. On May 12, Brian Schwartz from Oppenheimer lifted the price target on Oracle Corporation (NYSE:ORCL) to $235 from $210 and reiterated an Outperform rating. While highlighting positive developments during the current quarter, which will strengthen its superior EPS […]
NVDA
I’m a Big Fan of the Moves These Investment Legends Have Been Making
With the broad market starting to get just a bit more expensive, while the retail crowd digests a less-than-bullish report issued by Apollo, which suggests that the S&P 500 could be looking at 0% returns for the next decade, it certainly seems like it’s time to think differently about how to put new money to ... I’m a Big Fan of the Moves These Investment Legends Have Been Making
XAU/USD
India curbs certain silver imports with immediate effect
May 16 (Reuters) - India has curbed imports of certain silver products with immediate effect, shifting them from the "free" to "restricted" category, according to a notification issued by the
LMT
Assessing Lockheed Martin (LMT) Valuation After Recent Share Price Weakness
Why Lockheed Martin (LMT) Is On Investors’ Radar Today Lockheed Martin (LMT) is back in focus for investors after recent share price moves, with the stock down about 16% over the past month and roughly 21% over the past 3 months. See our latest analysis for Lockheed Martin. That recent 16% decline in the past month and 21% drop over 3 months sit alongside a 3.81% year to date share price gain and a 52.52% five year total shareholder return. This suggests shorter term momentum has cooled while...
INTC
Is AMD a Top Artificial Intelligence (AI) Stock to Buy?
The market loved AMD's latest quarter.
AMD
Is AMD a Top Artificial Intelligence (AI) Stock to Buy?
The market loved AMD's latest quarter.
NVDA
Is AMD a Top Artificial Intelligence (AI) Stock to Buy?
The market loved AMD's latest quarter.
COST
Costco just got its dream economy
Americans are feeling increasingly uneasy about the economy. Consumer sentiment has been alarmingly weak, according to recent University of Michigan sentiment readings. At the same time, inflation has soared since the Iran war broke out. In April, the Consumer Price Index rose 3.8% on a ...