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Advanced Micro Devices Inc. (NASDAQ: AMD ) is facing near-term pressure from higher Treasury yields and energy costs, but its long-term AI growth story remains intact as demand for chips, server CPUs and data center infrastructure expands. AMD stock closed nearly 3% higher Tuesday after Marvell Technology Inc. (NASDAQ
A Benzinga roundup says five Wall Street analysts raised price targets or reiterated ratings on Deere, Marvell, News Corp, John B. Sanfilippo & Son and Taylor Devices, citing recent company results where noted.
Alibaba reported fiscal first-quarter 2027 revenue of $39.64 billion, up 9% year over year and above the $38.63 billion estimate, while adjusted earnings per ADS fell 42% to $1.26, missing expectations of $1.85.
Citi raises price target on Marvell Technology, citing improved outlook. This may impact investor sentiment.