Wall Street’s main indexes rebounded from session lows on Thursday as a cabinet member signaled that the United States may soften its tariff policy. Still, chip stocks fell after investors were disappointed by Marvell’s estimate. In an interview, Commerce Secretary Howard Lutnick stated that Donald Trump will likely extend the one-month tariff-free period on imports…
Investors have always found refuge in pharmaceutical stocks. People always require medicine, regardless of the state of the economy. The sector is also continuing to expand due to biotech developments, new medicine approvals, and rising healthcare demand. Currently, a number of pharmaceutical stocks have enormous upside potential; in the upcoming months, some could increase by…
Have you noticed that your grocery bill keeps going up? Or that borrowing money—whether for a house, a car, or even a credit card—still feels painfully expensive? You’re not alone. Inflation is proving to be incredibly stubborn, and recent tariffs on imports are making things worse. The Federal Reserve, the institution that helps steer the…
Super Micro Computer (SMCI) is seeing a surge in its stock price after receiving a major boost from JPMorgan analysts, who upgraded their outlook for the company. The rise comes as demand for the company’s high-performance Blackwell servers continues to skyrocket, especially with the increasing need for powerful computing to support AI, cloud services, and…
NIO Inc. (NIO), the prominent Chinese electric vehicle (EV) manufacturer, has faced a significant blow as Mizuho Securities has slashed its price target for the stock to $4.20. This move comes after NIO posted weaker-than-expected guidance and reported rising financial losses in its latest earnings report. Despite the company’s ambitious plans in the EV space,…
Lucid Group (LCID), the electric vehicle manufacturer known for its luxury EVs, has faced some challenges in the market recently, with its stock taking a hit along with the broader EV sector. However, analysts believe the company may be undervalued, with projections for 94% revenue growth in 2025. This promising forecast has led some investors…
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…