JPMorgan has made a notable shift in its outlook for Super Micro Computer (SMCI), upgrading the company from “Underweight” to a “Neutral” rating. This comes with a raised price target for the tech company, fueled by growing optimism surrounding Nvidia’s ramp-up of its Blackwell chips. What’s Driving the Upgrade? Super Micro Computer is a key…
Intel’s stock surged by 7% following the unveiling of an ambitious new turnaround plan by the company’s newly appointed CEO, Lip-Bu Tan. The move is seen as Intel’s bold attempt to regain its footing in the competitive semiconductor industry, where the company has been losing ground to rivals like AMD and Nvidia. Investors have reacted…
Lucid Group’s stock saw a notable increase of 3.7% after Morgan Stanley upgraded its rating, even as the electric vehicle (EV) maker continues to face financial hurdles. Despite ongoing challenges with production and profitability, the recent boost in stock price suggests some investor optimism for the luxury EV brand’s future. Morgan Stanley’s Optimism Fuels Stock…
Tesla’s all-hands meeting recently took centre stage, with CEO Elon Musk revealing key milestones, groundbreaking AI innovations, and the much-anticipated advancements in Tesla’s humanoid robot, Optimus. The meeting showcased Tesla’s efforts to continue its technological leadership while addressing challenges and unveiling major developments in the company’s ambitious roadmap for the future. AI Breakthroughs Take Center…
Nike Inc. (NKE) recently reported strong earnings for Q1, surpassing analyst expectations. However, despite the company’s positive financial performance, its stock took a hit, dropping 5% following a downgrade from UBS. This turn of events has left investors questioning whether the downgrade is a sign of broader challenges ahead for the retail giant. Q1 Earnings…
Intel made a calculated move to resurrect the business as it finds it difficult to compete in the quickly changing semiconductor sector by appointing Lip-Bu Tan as its new CEO. As rivals like AMD and Nvidia, as well as international chip makers like Taiwan’s TSMC and South Korea’s Samsung, put increasing pressure on Intel, Tan,…
Ford Motor Company has long been a favorite among income-seeking investors thanks to its generous dividend payouts. Right now, its dividend yield is sitting at a very attractive 6.01%, a number that naturally grabs attention. But there’s a catch. While the company is handing out strong dividends, its underlying business struggles with weak growth, profitability…
NIO had a huge year in 2024, delivering more cars than ever before. The Chinese electric vehicle (EV) company saw its sales jump nearly 40% year-over-year, proving that demand for its sleek, tech-packed EVs is stronger than ever. But here’s the problem—NIO is still losing money, and those losses are only getting bigger. The company…
Commerce Secretary Howard Lutnick is facing growing backlash after publicly urging investors to buy Tesla stock during a televised interview. His comments, which many see as an unusual and inappropriate move for a high-ranking government official, have sparked a heated debate about ethics in public office. Critics argue that government officials should not be in…
Nike, the global leader in sportswear, is facing a tough time right now. After the company released its financial forecast for the year, its stock took a massive hit, dropping by 20% in one day. This drop wiped out over $28 billion from Nike’s market value, shocking investors and making waves in the stock market….