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.
Nasdaq, S&P, and Dow End Higher With the Fed Rate Decision and CPI Data Lurking
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
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
Jim Cramer Isn't Recommending SLB, And BlackBerry? 'Nothing There'
On CNBC's "Mad Money Lightning Round," Jim Cramer said he is not going to recommend Schlumberger Limited (NYSE:SLB) here, even though he likes the company as it has "got too much business that is not
AMD To Rally Over 19%? Here Are 10 Top Analyst Forecasts For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.Susquehanna
AMD Sinks as Morgan Stanley Cuts on Concern That AI Expectations Are 'Too High'
Progressive Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 06/10/2024 19.98% Morgan Stanley $256 → $255 Maintains Overweight 05/20/2024 14.34% Wells Fargo $244 → $24
Advanced Micro Devices Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 06/10/2024 7.43% Morgan Stanley $176 → $176 Downgrades Overweight → Equal-Weight 05/13/2024 15.98% Jefferi
What are we competing for with the next generation of ai chips?
Everyone wants to seize the opportunity of AI's sky-high wealth.
Schwab Trading Activity Index Rises Slightly in May
Stocks With the Highest and Lowest Liquidity - Goldman Sachs
From Nvidia's Stock Split, Intel's Revitalized AI Strategy To Tesla's Chip Saga: This Week In The World Of AI
As we wrap up another eventful week in the tech world, we've seen some major developments from industry giants. From Nvidia Corp.'s (NASDAQ:NVDA) stock split announcement to Intel Corp.'s (NASDAQ:INTC
DBS: A new super cycle of memory is coming, leading to an unprecedented imbalance between supply and demand by 2025.
By 2025, Daiwa Securities expects HBM to have a supply shortage rate of -11%, and the overall DRAM market's supply shortage rate to be -23%. Especially, the demand for HBM will significantly increase, possibly accounting for over 30% of the total DRAM supply.
Nvidia's Jensen Huang Surpasses Michael Dell In Wealth As Company's Market Cap Nears $3T: Report
Jensen Huang, CEO of Nvidia Corporation (NASDAQ:NVDA), has ascended the wealth ladder as his company's market value nears $3 trillion due to steady growth.Yesterday, Huang surpassed Michael Dell, the
AMD's Su Zifeng: Boldly laughing at the industry's lack of men!
The strongest AI PC (laptop) chip today is made by AMD.
US stocks closed | Non-farm employment was hit hard and interest rate expectations fell, with all three major indexes falling collectively. Gamestop plummeted nearly 40%.
After the US employment report, US bond yields rose more than 10 basis points; the US dollar index, which had approached its two-month low, rose sharply and hit a new high in more than a week; offshore renminbi fell 180 points and lost 7.26. Bitcoin dropped more than $3,000, approaching the $72,000 mark in intraday trading.