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ON Semiconductor Corp (NASDAQ: ON) finds itself in the spotlight today after Morgan Stanley downgraded its rating to Underweight from Equal-Weight and reduced the price target from $70 to $65. This move by Morgan Stanley primarily stems from concerns regarding the company’s exposure to the automotive industry, particularly in areas like silicon carbide and image… Continue reading Morgan Stanley cuts ON Semiconductor to Underweight: Should you sell?

On Thursday, Rosenblatt Securities raised its price target on Broadcom Inc. (NASDAQ: AVGO) to an impressive $2,400  from $1,650, while reiterating its “Buy” rating. This bullish adjustment by Rosenblatt is driven by Broadcom’s strong performance and strategic positioning within the burgeoning AI sector, signaling potential growth that could interest any investor. Why such confidence in… Continue reading Rosenblatt raises price target on Broadcom stock to $2,400: Time to buy?

The Costco (NASDAQ: COST) stock price continued soaring this week after the company boosted its guidance and hiked its membership prices. It is in its third month of gains and is sitting at its all-time high of $900, giving it a market cap of over $393 billion.  A future dividend aristocrat Costco Wholesale is one… Continue reading Costco stock price analysis: a pullback cannot be ruled out

After yet another day of volatility in the crypto market, Annii Snelleksz settles into her routine with a sense of purpose and calm. As an elite trader at Bitget and founder of the online community TradeTravelChill, she has carved out a unique space in the crypto world.  Her community includes over 89,000 members, all eager… Continue reading What makes an elite trader? Interview with crypto influencer Annii Snelleksz

Bitcoin price has outperformed traditional assets like stocks and commodities this year despite the recent drawdown. It has risen by over 30% this year while the Nasdaq 100 and S&P 500 indices have risen by less than 21%. The 2x Bitcoin Strategy ETF (BITX) has also done well as it rallied by 26% this year,… Continue reading Is the 2x Bitcoin Strategy ETF (BITX) a good fund to buy?

Albemarle Corporation (NYSE: ALB), a prominent player in the lithium market, has been witnessing a significant drop in its stock value recently, hitting new 52-week lows every day. On July 9th, 2024, Albemarle’s stock plummeted by 8.7%, reaching its lowest point since October 2020. This decline was notably the most substantial drop within the S&P… Continue reading Albemarle stock hits new 52-week low amid falling lithium prices: Time to sell?

Yes Bank share price has suffered a harsh reversal this week, becoming one of the worst performers in India. The stock, which jumped to a high of ₹27.44 last week, has dropped by almost 10% to ₹24.60. Yes Bank is attracting bids Yes Bank is attracting attention from other Asian banks as it seeks to… Continue reading Yes Bank share price retreats despite FAB, MUFG interest

The S&P 500 index has done extremely well this year, helped by the rising hopes of Federal Reserve cuts, strong corporate earnings, and optimism among investors. The blue-chip index soared to a record high of $5,576 on Tuesday, bringing the year-to-date gains to about 17%.  Other American indices have done well this year. The tech-heavy… Continue reading S&P 500 index forecast: overbought SPX could reverse soon

On Wednesday, shares of Chinese tech giant Baidu Inc. (NASDAQ: BIDU) surged 2.66% following an announcement by Beijing authorities supporting the integration of robotaxis into ride-hailing and car rental fleets. This progressive step, first reported by Bloomberg News, marks a significant leap towards urban mobility innovation. Baidu’s robotaxi service, Apollo Go, already a familiar name… Continue reading Baidu’s stock climbs on Robotaxi expansion amid long-term decline: Should you Buy?