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Top Calls on Wall Street: Nvidia, Tesla, AMD, Arm, Blackberry, Reddit, Take-Two, Barclays & more
Here are Wednesday’s biggest calls on Wall Street:Seaport reiterates Nvidia as sellSeaport says it’s sticking with its sell rating on the stock.“We think the growing burden on (and off) Nvidia’s balance sheet, as well as Broadcom’s announcementthat it is also joining the circular-financing boom, dem...Tiger News
Wed, Jun 24
Gold, Silver Stocks and ETFs Drop as Gold Extends Fall
Gold, silver stocks and ETFs droped in premarket trading, as spot gold extended fall, last down over 2% at $4017.06/oz.ProShares Ultra Silver fell 9%; Anglogold Ashanti fell 6%; Gold Fields and Harmony Gold fell 5%; iShares Silver Trust, First Majestic Silver, Newmont Mining, Hycroft Mining, Coeur M...Tiger News
Wed, Jun 24
FuelCell Energy and Fit Energy Announce Strategic Agreement for up to 380 MW of Clean Power for Data Centers
FuelCell Energy, a clean energy technology company that manufactures utility scale power solutions, and Fit Energy USA LP (“Fit Energy”), a developer of reliable power solutions to support advanced computing infrastructure and artificial intelligence, today announced a strategic agreement for up to ...Tiger News
Wed, Jun 24
Alibaba Silent On Reports It May Sell Lingxi Interactive Entertainment
Multiple media, citing gaming industry insiders, report Alibaba plans to sell its gaming arm Lingxi Interactive Entertainment and has engaged five potential buyers: listed game firms 37 Interactive Entertainment, China Ruyi, Century Huatong and Giant Network, plus a buyout consortium of two private ...Tiger News
Wed, Jun 24
HK Movers | HSTECH jumps 2.5%; Hua Hong Grace up 19%; 2x Leveraged ETF related to Samsung up 13%; SMIC up 10%; GigaDevice up over 7%
The Hong Kong market continued to rise on Wednesday. The Hang Seng Index firmed 0.43% to 23,437.78, while the Hang Seng China Enterprises Index added 0.26% to 7,779.6. The tech-heavy Hang Seng Tech Index advanced 2.47% to 4,508.06, showing slightly stronger momentum than the broader market as invest...Tiger News
Wed, Jun 24
HK Movers | Tencent Stock Jumps over 3% as It Trials AI Assistant on WeChat Enterprise Platform, Fueling Tech Rivalry
Tencent Holdings Ltd. is gearing up to introduce an artificial intelligence assistant for its business-focused communication application, escalating the fierce competition among China's leading technology firms to secure user loyalty within their digital environments in the current AI landscape.Shar...Tiger News
Wed, Jun 24
WEN Surges over 20% as Reddit Retail Traders Launch Meme Campaign Targeting Wendy's
Wendy's shares jumped over 20% in overnight trading.Mars Finance reports that on June 24, Serenity tweeted to mock the latest meme stock movement unfolding on Reddit’s high-risk trading communities, targeting U.S. fast-food chain Wendy’s.The Reddit high-risk trading community joked in warning: “If W...Tiger News
Wed, Jun 24
AMZN’s AI Stumble: Can It Stage a Comeback?
When OpenAI took off, it was Microsoft’s moment. With Gemini’s rise, Google Cloud surged. So here is the question: as Anthropic stands out, which cloud vendor will benefit.Amazon, which has been a step slow in chips, model R&D, and GPU procurement, will it finally get its turn in AI. The opportunity...Dolphin Research
Wed, Jun 24
Copper Bull Stays! CPO: real opportunity or mirage?
In the previous piece, we outlined the CPO concept and its value chain. The next questions are: where is the tech today, who is building what, and where are the investable spots? This article breaks down each in turn.I. What are tech giants building?1) High-speed interconnects for AI data centers fa...Dolphin Research
Wed, Jun 24
Micron Earnings Ahead, 12 Banks Say Storage Price Gains Will Lift Margins and Shares
Twelve investment banks raised Micron Technology price targets ahead of the company’s earnings, citing AI-driven data‑centre demand, tight DRAM/NAND supply and rapidly rising ASPs. Morgan Stanley raised its PT to $1,050 from $520, kept overweight and raised Q3 forecasts, expecting DRAM and NAND ASPs...Tiger News
Wed, Jun 24
Crypto Daily｜Vitalik Details Ethereum Reset As Foundation Cuts Budget 40%; US CFTC Sues Kentucky For Action Against Polymarket & Kalshi
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsVitalik details Ethereum reset as Foundation cuts budget 40%Ethereum cofounder Vitalik Buterin said the Ethereum Foundation is reducing its budget by roughly 40% as...Tiger News
Wed, Jun 24
South Korea's KOSPI Falls 1% Intraday After Earlier Surging over 4%; 2x Leveraged ETF Related to SK Hynix Tumbles over 8%
South Korea's KOSPI fell more than 1% intraday, after earlier surging over 4%.2x Leveraged ETF related to Samsung shrank gains to 2.7% while 2x Leveraged SK Hynix ETF tumbled over 8%.Tiger News
Wed, Jun 24
24H | Chip, Storage, Optical Stocks Rebound. Micron, SOXL up Nearly 5%; SanDisk up over 3%; Western Digital, AAOI, Astera Labs, POET up over 2%
Chip, storage shares jumped in overnight trading. Micron, SOXL up nearly 5%; SanDisk up over 3%; Astera Labs, Credo, Western Digital up over 2%.Optical stocks shined in overnight trading. AAOI, Astera Labs, POET, Coherent, Marvell Tech up around 2%.Tiger News
Wed, Jun 24
Samsung Electronics Reportedly to Launch Near-KRW 90 Trillion Share Buyback
YONHAP reports Samsung Electronics is set to carry out a share repurchase of nearly KRW 90 trillion (~$59 billion). Shares of Samsung Electronics jumped 6% on the news.Under a labor-management agreement, a special performance bonus will be paid in company stock (treasury shares), and Samsung needs t...Tiger News
Wed, Jun 24
SG Morning Brief | SOX Plunges 8% as AI Memory Rout Deepens, Nasdaq -2.2%; Micron Reports Tonight
US OvernightThe Nasdaq tumbled 2.21% to 25,587.04 and the S&P 500 fell 1.44% to 7,365.47, both closing at two-week lows. The Dow slipped 0.09% to 51,665.49. The Russell 2000 gained 0.83%, extending its outperformance. The VIX surged to 19.52. The US session extended the global chip rout that began d...Longport
Wed, Jun 24
Top Calls on Wall Street: Micron, SpaceX, Nvidia, Tesla, Netflix, IBM, Synopsys, and More
Here are Tuesday’s biggest calls on Wall Street:Bank of America reiterates Micron as buyThe firm raised its price target on Micron to $1,500 per share from $950.“We maintain our bullish views for AI memory, supported by robust demand and limited supplies through CY26-28.”Susquehanna initiates SpaceX...Tiger News
Tue, Jun 23
Tesla Slides 3% Pre-Market As Regulatory Pressure Mounts Over FSD Safety Review
Tesla Motors fell 3% in pre-market trading after U.S. senators called on the National Highway Traffic Safety Administration (NHTSA) to review safety data related to the company’s Full Self-Driving (FSD) system. Ongoing regulatory scrutiny continues to weigh on the stock.Tiger News
Tue, Jun 23
Crypto Stocks Sink With Robinhood Down 6%, Coinbase Down 4%
Crypto stocks sank in premarket trading. Robinhood, Keel Infrastructure, and Cipher Mining fell 6%; IREN, Hut 8, TeraWulf, SharpLink Gaming, and CleanSpark fell 5%; Circle, Coinbase, BitMine, Riot Platforms, Bullish, and MARA Holdings fell 4%; Strategy fell 3%.Tiger News
Tue, Jun 23
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