Stock Research

CrowdStrike CRWD shares gained about 1.1% in trading on Tuesday after receiving fresh support from Wall Street, with Loop Capital initiating coverage on the cybersecurity company with a Buy rating and Cantor Fitzgerald reiterating its bullish stance. Loop Capital analyst Yun Kim assigned a $230 price target, implying roughly 27% upside from Monday’s closing price.… Continue reading CrowdStrike stock rises after bullish analyst calls

Nvidia shares traded little changed on Tuesday after recovering from early losses, although the stock remained below the psychologically important $200 level. Investors looked to balance an increasingly attractive valuation against concerns over artificial intelligence financing and upcoming Big Tech earnings. The stock had fallen sharply in the previous session, losing 5% and surrendering its… Continue reading Nvidia stock remains below $200, but analysts see over 40% upside ahead

Palantir Technologies PLTR shares plunged about 9% on Tuesday after gaining roughly 5% in the previous session, as investors locked in profits and reassessed risks ahead of the company’s second-quarter earnings report due on Aug. 3. The 5% bump had come after Oppenheimer reaffirmed its Outperform rating and maintained a $200 price target ahead of… Continue reading Why did Palantir stock sink 9% today?

Boeing (BA) stock is extending gains on Tuesday morning even though the airplane maker posted a wider-than-expected loss for its fiscal second quarter (Q2). Investors are cheering BA mostly because the bottom-line weakness did not disrupt management’s full-year outlook for up to $3 billion in free cash flow. More importantly, CEO Kelly Ortberg told CNBC… Continue reading Boeing earnings: when will BA target $10B free cash flow again?

Intel and AMD shares came under heavy selling pressure on Tuesday as investors reassessed the outlook for the semiconductor industry amid China’s rapid advances in memory chips and artificial intelligence infrastructure. Intel INTC stock fell about 6%, while AMD declined roughly 8%, extending a broader selloff across global semiconductor stocks. The weakness followed sharp declines… Continue reading Why are Intel, AMD stocks tumbling today?

SpaceX (SPCX) shares extended their decline on Tuesday as investors continued to weigh the prospect of a wave of insider share sales ahead of the company’s first post-IPO lock-up expiration. The SpaceX stock fell more than 5% to around $107, well below its IPO price of $135. The broader market was mixed, with the S&P… Continue reading Why SpaceX stock is tanking over 5% on Tuesday

US stocks opened lower on Tuesday, with the Nasdaq underperforming as renewed weakness in semiconductor stocks overshadowed gains in consumer-focused companies. Investors remained cautious ahead of quarterly earnings from several of the largest technology companies and the Federal Reserve’s interest rate decision later this week. The Nasdaq Composite fell about 0.67%, while the S&P 500… Continue reading Nasdaq falls as chip stocks slide ahead of Fed, Big Tech earnings

Meta Platforms and asset manager BlackRock announced on Tuesday a venture to develop and operate a data center campus in El Paso, Texas. The project is expected to cost about $14 billion in development. The partnership comes as technology companies accelerate spending on artificial intelligence infrastructure. The growing scale of investment in AI data centers… Continue reading Meta, BlackRock team up to develop $14B El Paso data centre

ASML shares continued to decline in premarket trading on Tuesday after suffering heavy losses in the previous session, as investor concerns over China’s progress in semiconductor equipment manufacturing weighed on sentiment. The Dutch chip equipment maker was down 4% before the opening bell after closing nearly 6% lower on Monday, following a report that China… Continue reading ASML stock slips again: why BofA remains strongly bullish