Susquehanna Raises AMD, Qualcomm Targets and Cuts Intel, Coherent Targets
Susquehanna adjusted its price targets for AMD, Qualcomm, Intel and Coherent ahead of quarterly earnings, while forecasting “modest upside” for chip earnings.
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Susquehanna adjusted its price targets for AMD, Qualcomm, Intel and Coherent ahead of quarterly earnings, while forecasting “modest upside” for chip earnings.
Workspace search string for individual stock moves: STXBZ The Day Ahead newsletter: The Morning News Call newsletter: (.) Oct 13 (Reuters) — The S&P 500 and the Nasdaq inched lower on Tuesday as chip stocks came under selling pressure while investors parsed a mixed bag of quarterly results, including those from big US
Workspace search string for individual stock moves: STXBZ The Day Ahead newsletter: The Morning News Call newsletter: (.) Oct 13 (Reuters) — Wall Street's main indexes were muted in choppy trading on Tuesday as chip stocks came under selling pressure again while investors parsed a mixed bag of quarterly results, includ
Arm Holdings plc (NASDAQ: ARM ) stock fell more than 3% in Thursday’s premarket trading, extending Wednesday’s 2.71% decline. Weakness across technology stocks and an ongoing legal battle with Qualcomm weighed on investor sentiment. Nasdaq futures fell 0.59%, while S&P 500 futures declined 0.36%, signaling a weaker sta
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
President Donald Trump and First Lady Melania Trump welcomed Chinese President Xi Jinping and his wife on a red carpet at Joint Base Andrews on Wednesday, kicking off a three-day visit amid tensions over trade, artificial intelligence, and Taiwan. Chinese President said that the U.S. and China, as leading artificial-in
Marvell Technology Inc. (NASDAQ: MRVL ) stock has nearly tripled this year, up about 180% since the start of January. If you think the rally has gone too far, Bank of America is telling you to think twice. On Wednesday, BofA analyst Vivek Arya hosted Chief Executive Matt Murphy and Chief Financial Officer Dan Durn at a
Broadcom fell more than 3% in Thursday premarket trading after forecasting fourth-quarter revenue of about $34.8 billion, below the $35.03 billion consensus, despite beating third-quarter revenue and adjusted earnings estimates.
Senators from across the aisle have reportedly sent a letter to Apple Inc. (NASDAQ: AAPL ) CEO Tim Cook, urging the company to refrain from using memory chips from ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies Corp (YMTC) in its devices, even if the products are meant solely for the Chinese market
U.S. equities clawed back Wednesday’s post-Fed losses by midday Thursday, with a blowout cloud print from Microsoft Corp. (NASDAQ: MSFT ) reviving the artificial intelligence trade and dragging beaten-down semiconductor names sharply higher. The Nasdaq 100 led with a 3.1% advance, though a 19-year high in long-dated Tr
Qualcomm Inc. (NASDAQ: QCOM ) stock fell about 6% in premarket trading Thursday after the chipmaker reported fiscal third-quarter revenue that topped Wall Street estimates but issued fourth-quarter adjusted earnings guidance below expectations. Earnings Beat, But Guidance Disappoints Qualcomm reported revenue of $9.9 b
Major U.S. indices ended the session lower, with the Dow Jones Industrial Average falling 2.19% to 51,594.14, the S&P 500 declining 1.52% to 7,316.15 and the Nasdaq shedding 1.74% to 24,442.94 The Federal Reserve kept its benchmark interest rate unchanged at 3.50%—3.75% for a fifth consecutive meeting, although three p
Qualcomm positioned to compete across AI stack with expanding portfolio and recent acquisitions.
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Analyst predicts Qualcomm stock price in 2028