Stock Research

US stocks ended higher on Friday, with the S&P 500 closing just shy of a record high as enthusiasm around artificial intelligence and semiconductor stocks offset concerns over renewed tensions in the Middle East. Investors also turned their attention to the start of the second-quarter earnings season next week, when major US banks will begin… Continue reading Dow rises as S&P 500 nears record, SK Hynix debut boosts AI chip stocks

South Korean semiconductor giant SK Hynix made history on Wall Street, listing on Nasdaq today via American Depositary Receipts (ADRs) under the ticker SKHY. The firm’s US initial public offering (IPO) priced at $149 was more than 7x oversubscribed – and raised a total of about $26.5 billion. This made it the largest-ever US listing… Continue reading Is SK Hynix stock a better pick to play AI memory market than Micron?

Seagate Technology (STX) shares rose on Friday after Wells Fargo upgraded the data storage company to an Overweight rating. The analyst cited growing confidence in its long-term earnings potential and sustained demand for hard-disk drives (HDDs) driven by artificial intelligence infrastructure. The upgrade comes after Seagate shares pulled back in recent weeks amid concerns over… Continue reading Seagate stock jumps as Wells Fargo upgrade boosts AI storage outlook

SpaceX (SPCX) shares fell more than 2% on Friday, extending a volatile stretch that has erased the stock’s post-IPO gains as investors continue debating whether Elon Musk’s AI and space ambitions justify one of the world’s richest valuations. The stock traded around $148, below its $150 listing price, after briefly soaring to a record closing… Continue reading Why SpaceX stock is down over 2% on Friday

Meta Platforms Inc. (NASDAQ: META) shares climbed 6% in trading on Friday, becoming the top-performing Magnificent 7 stock. It extended this week’s rally as investors responded to a series of artificial intelligence-related developments, including reports of a new in-house AI chip, expanding computing capacity, and the launch of its latest AI model. The stock is… Continue reading Why is Meta top performer among Magnificent 7 stocks today

Delta Air Lines (DAL) shares opened down on Friday despite posting better-than-expected second-quarter (Q2) earnings. The flagship air carrier reported $1.56 a share of earnings on $17.67 billion in revenue for its fiscal Q2, handily beating $1.48 a share and $17.53 billion that experts had forecast. DAL’s price action this morning, therefore, resembles a classic… Continue reading Delta Air Lines earnings: ignore the ‘noise’, stick with DAL – analyst says

Nvidia stock (NVDA) traded higher on Friday as investors looked past reports that one of the company’s largest customers is stepping up development of its own artificial intelligence processors. The stock was up about 2.3% at around $207 at the time of writing after trading lower in premarket activity. Meta advances custom AI chip efforts… Continue reading Why Nvidia stock is up around 2% on Friday

Strategy Inc. MSTR (formerly known as Microstrategy) gained on Friday after Standard Chartered said recent weakness in bitcoin reflects investor uncertainty over the company’s evolving strategy rather than any deterioration in its balance sheet. In a note, Geoffrey Kendrick, Standard Chartered’s global head of digital assets research, maintained the bank’s end-2026 bitcoin price target of… Continue reading Strategy (MSTR) stock gains as Standard Chartered backs $100K Bitcoin forecast

NY-headquartered Citigroup has been the perennial laggard of Wall Street for years, burdened by the legacy of the global financial crisis and an unmanageable corporate structure. However, the narrative has flipped, with a renowned wealth manager, Josh Brown, recently calling Citi “one of the top bank stocks” to own – driven by a profound operational… Continue reading Josh Brown reveals the best bank stock to own heading into Q2 earnings