SOXL Direxion Daily Semiconductor Bull 3x Shares ETF
- 53.950
- +2.080+4.01%
What signal? Goldman Sachs: Chip stocks are no longer favored, and hedge funds are starting to buy software stocks!
Hedge funds have started selling semiconductor stocks that have benefited from the boom in AI and are now buying software stocks, a strategy that is completely opposite to the previous week's trading strategy.
Futu Morning Express | The June FOMC meeting is coming; Nvidia rose nearly 1% on the first day of stock split.
New York Fed survey: Short-term inflation expectations slightly decreased, consumers are most optimistic about the stock market in three years; Apple WWDC announced AI system, computer and other device system updates across the board, iPhone will integrate with ChatGPT; Tesla fell more than 2%, and its market cap is now less than half of Meta's.
US stocks closed | S&P and Nasdaq continue to hit new closing highs! Nvidia rose nearly 1% on the first day of its split.
The PHLX Semiconductor Index continued to break new highs, with Broadcom up 2.4%; the solar energy sector had the highest increase, with SinglePoint up more than 20%.
Deutsche Bank downgrades AMD stock rating: AI business still faces challenges, investors need to adjust expectations.
Morgan Stanley has downgraded its rating on AMD from "outperform" to "equal-weight", while still maintaining a target price of $176 per share. Moore and his team wrote that they believe AMD's upward potential is limited, even as its core business recovers.
Direxion Daily Semiconductor Bull 3x Shares ETF Options Spot-On: On June 10th, 121.13K Contracts Were Traded, With 653.66K Open Interest
On June 10th ET, $Direxion Daily Semiconductor Bull 3x Shares ETF(SOXL.US)$ had active options trading, with a total trading volume of 121.13K options for the day, of which put options accounted for 4
Nasdaq, S&P, and Dow End Higher With the Fed Rate Decision and CPI Data Lurking
Why Are Broadcom Shares Moving Monday
Broadcom Inc. (NASDAQ:AVGO) shares are trading higher Monday afternoon after Morgan Stanley reinstated coverage with an Overweight rating and set a price target of $1,658.What To Know: Broadcom, alrea
UBS Maintains Buy on Micron Technology, Raises Price Target to $155
UBS analyst Timothy Arcuri maintains Micron Technology (NASDAQ:MU) with a Buy and raises the price target from $125 to $155.
Micron Technology Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 06/10/2024 15.02% UBS $125 → $155 Maintains Buy 06/04/2024 2.4% Goldman Sachs $122 → $138 Maintains Buy 05
10 Information Technology Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scan
Where Will The AI Revolution Strike Next? What New Data Reveals About Companies That Benefit From AI
Artificial intelligence has taken the financial markets by storm, playing a large part in rocketing the SPDR S&P 500 ETF Trust (NYSE:SPY) to a banner year in 2024. New data revealed companies now embr
Nvidia Growing to a 15% Weight of the S&P 500 Is 'not Out of the Question' - Evercore ISI
TD Cowen Maintains Buy on NVIDIA, Raises Price Target to $140
TD Cowen analyst Matthew Ramsay maintains NVIDIA (NASDAQ:NVDA) with a Buy and raises the price target from $120 to $140.
Opera Skyrockets as Its Traded Volume Surges
Benzinga Market Summary: NVIDIA Begins Trading On Split-Adjusted Basis, Apple WWDC Event To Start At 1:00 PM ET, Far-Right Makes Gains In European Parliament Elections, AMD Falls After Ratings Downgrade From Morgan Stanley
Benzinga Market Summary: NVIDIA Begins Trading On Split-Adjusted Basis, Apple WWDC Event To Start At 1:00 PM ET, Far-Right Makes Gains In European Parliament Elections, AMD Falls After Ratings Downgra
Micron Keeps Buy Rating, Sees Price Target Raised at UBS Amid Memory Industry Pricing Trend
US stocks in early trading| the three major indexes are slightly down, growth tech stocks show mixed trends, nvidia falls about 2% after stock split, amd falls over 4%, broadcom rises more than 2%.
As of the time of writing, the S&P and Nasdaq fell by about 0.3%. Traders this week are waiting for the Federal Reserve's interest rate decision and May CPI inflation data. Nvidia's 1-for-10 stock split plan is officially in effect. The Apple Worldwide Developers Conference will begin on Monday.
"This surprises me greatly!" A comment from an industry insider regarding Nvidia.
Wall Street analysts predict that Nvidia's FCF will rise to $78.7 billion and $91.1 billion for the 2025 and 2026 fiscal years, surpassing Microsoft, which is currently the company with the highest market cap in the world.
Micron Technology Announced $4M Deposit With Clarity Credit Union
Today's announced deposit will help Clarity Credit Union offer products, services and financial literacy education to members in the state's rural areas who may lack access to conventional financial s
NVIDIA's Strategic Stock Split Makes Investing More Affordable After A 213% Surge, Eyeing A $10 Billion AI Revenue Boom
Nvidia's recent announcement of a 10-for-1 stock split will reduce its stock price to approximately $120 per share.The stock split has made Nvidia's shares more accessible to a broader range of invest