Applied Materials Inc. (NASDAQ:AMAT) could see semiconductor systems revenue grow about 40% this year as AI-driven chip investment continues to strengthen, according to JPMorgan. Analyst Harlan Sur maintained an Overweight rating on Applied Materials with a $660 price forecast. The…
Analog Devices Inc. (NASDAQ:ADI) is drawing bullish analyst commentary after its latest quarterly results showed accelerating artificial intelligence data center demand, broad-based semiconductor strength and improving margins. JPMorgan analyst Harlan Sur reiterated an Overweight rating on Analog Devices and raised…
Walmart Inc. (NASDAQ:WMT) stock fell Thursday after the retailer’s U.S. sales growth slowed to its weakest pace since 2020. The company also issued a third-quarter outlook below Wall Street estimates.For the third quarter, the company expects adjusted earnings of 62…
Bitcoin’s return above $70,000 is doing more than reviving the crypto trade. It is also putting spot Bitcoin ETFs back in focus, as a sharp reversal in fund flows suggests institutional demand may be returning. Bitcoin climbed more than 3%…
Transocean LTD. (NYSE:RIG) shares are trading higher by about 3% on Thursday as the company disclosed a two-year binding Letter of Award for the Dhirubhai Deepwater KG2. This positive news comes even as the broader market is experiencing mixed performance,…
