Apple stock (NASDAQ: AAPL) remained in focus on Thursday after reports of an expanded iPhone launch cycle, setting up a familiar split screen for investors: a powerful company, but a stock that no longer looks cheap. The catalyst was a Nikkei Asia report that Apple is preparing at least five new iPhone models across the… Continue reading Apple stock in focus as five-iPhone blitz tests pricey AAPL valuation
Stock Research
3 ETF picks that could deliver strong upside in July’s rally
Wall Street is heading into July with a more bullish tone after a volatile June, as strategists point to seasonality, stronger earnings and renewed AI appetite as potential tailwinds for US equities. Wells Fargo, in a strategy note led by Ohsung Kwon, called for a “strong summer rally ahead,” citing improving investor positioning, delayed AI-related… Continue reading 3 ETF picks that could deliver strong upside in July’s rally
SoftBank stock surges: is OpenAI loan the next big AI catalyst?
SoftBank Group stock rose on Thursday after a report said the Japanese investor had revived talks for a$10 billion loan backed by its OpenAI stake. The development gave markets another reason to bet on Masayoshi Son’s artificial intelligence push. The stock climbed 2.3% to ¥6,137, outperforming a 0.5% rise in the Nikkei 225. Why the… Continue reading SoftBank stock surges: is OpenAI loan the next big AI catalyst?
Here’s why Samsung, SK Hynix, and Kioxia stocks are diving today
Top Asian stocks in the memory industry retreated sharply today, July 2, as profit-taking gained steam. In Japan, Kioxia stock retreated to ¥75,160, down by 33% from its highest point this year. It has jumped by 555% this year. The same trend happened in South Korea, where SK Hynix gapped downwards, reaching a low of… Continue reading Here’s why Samsung, SK Hynix, and Kioxia stocks are diving today
Dow hits record high before fading as chip selloff weighs on Nasdaq
The Dow Jones Industrial Average touched a fresh intraday record on Wednesday before giving up most of its gains, while the Nasdaq Composite declined as investors took profits in semiconductor stocks following the sector’s blockbuster first-half rally. The Dow briefly climbed to an all-time intraday high of 52,742.66 before pulling back, with weakness in AI-related… Continue reading Dow hits record high before fading as chip selloff weighs on Nasdaq
Robinhood stock jumps on AI crypto tools and global expansion plans
Robinhood HOOD shares surged 8% on Wednesday after the online brokerage unveiled a series of new products and international expansion initiatives aimed at broadening its presence in cryptocurrency trading and global financial services. The announcements, made during a live event in London, included new AI-powered cryptocurrency trading capabilities for US customers, expanded perpetual futures trading… Continue reading Robinhood stock jumps on AI crypto tools and global expansion plans
Why is Microsoft stock gaining 4% today?
Microsoft MSFT shares rose 4% on Wednesday after consumer health company Haleon announced a new five-year agreement to expand its use of Microsoft’s artificial intelligence, cloud, and data technologies across its global operations. The partnership strengthens Microsoft’s position in enterprise AI adoption while the company also faces reports that it is preparing another round of… Continue reading Why is Microsoft stock gaining 4% today?
Hims & Hers stock jumps as Canaccord lifts target price ahead of FDA review
Hims & Hers Health shares (HIMS) surged 9% on Wednesday after Canaccord Genuity raised its price target on the telehealth company, citing improving sales trends, momentum in its weight-loss business, and growing optimism around its peptide opportunity. Canaccord analyst Maria Ripps maintained a Buy rating on the stock while increasing her price target to $40… Continue reading Hims & Hers stock jumps as Canaccord lifts target price ahead of FDA review
Why Paul Pelosi, Jim Cramer prefer Intel stock over AMD
The race for semiconductor supremacy has taken an unexpected turn. High-profile names are now increasingly backing Intel (INTC) over its arch-rival Advanced Micro Devices (AMD). Veteran investor Paul Pelosi – former House Speaker Nancy Pelosi’s spouse – recently revealed a multi-million-dollar position in INTC through long-dated call options. And former hedge fund manager Jim Cramer… Continue reading Why Paul Pelosi, Jim Cramer prefer Intel stock over AMD
