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Applied Materials shares fell as much as 7% to around $462, extending their losing streak to six sessions. Cantor Fitzgerald reiterated its Overweight rating and $850 price target, which the article says implies roughly 85% upside from Tuesday’s price.
Citi cut Xerox to sell, saying the company faces a difficult print-market backdrop and that Lexmark integration may not be enough to offset pressure in core cash generation.
Bank of America strategists say European stocks are set to perform in line with global peers after a period of underperformance.
European semiconductor shares fell as investors sold tech stocks with artificial-intelligence exposure. E-mini Nasdaq 100 futures also pointed lower, indicating weaker U.S. tech sentiment.
U.S. benchmark crude edged lower after the EIA reported a 3.2 million-barrel withdrawal in commercial crude oil stocks last week. Gasoline inventories rose 382,000 barrels and distillate stocks fell 42,000 barrels.
The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day. 1142 GMT - Burberry should continue to benefit from its strategic turnaround, but it isn't insulated from the broader sector context, AlphaValue's Jie Zhang says in a note. The British luxury group has showed enc
UBS downgraded BE Semiconductor to Sell from Buy.
The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day. 0204 GMT - Malaysia's Budget 2027 is expected to offer policy support to favor domestic manufacturing and strengthen the automotive supply chain, says Affin Hwang IB analyst Afifah Ishak in a note. This should be
Gerdau (NYSE: GGB ) held its second-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. The full earnings call is available at Summary Gerdau reported a 7% increase in shipments
Ciena is set to report third-quarter 2026 results before the open, with options pricing a 12.43% move around the print.
Lam Research shares are lower Tuesday afternoon after UBS cut its price target to $425 from $435 and SEC Form 4 disclosed Chief Legal Officer Ava Harter sold 5,000 shares at $302.46 average.
Three of the most important stocks in the artificial intelligence trade all set record highs on the same day, June 30. Three weeks later, they are down as much as 28%. Bank of America thinks that drop is the reason to buy them. The bank told clients on Wednesday that the pullback in Applied Materials Inc. (NASDAQ: AMAT
U.S. stocks settled mixed on Thursday, with the Dow Jones index surging to record highs during the session. The Nasdaq Composite, however, moved lower amid a decline in semiconductor stocks. Major indices closed the holiday-shortened week with gains, as the S&P 500 rose 1.8% and the 30-stock Dow surged around 2% during