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Top Calls on Wall Street: Broadcom, Citigroup, Costco, Micron Technology, Amazon, Disney, Boeing & More
Here are the biggest calls on Wall Street on Friday:Cantor upgrades SoundHound to overweight from neutralCantor says investors should buy the dip.“We raise our rating on SOUN to OW (from Neutral) and raise our 12-month PT to $15 (from $13), and would take advantage of the recent pullback in shares.”...Tiger News
Fri, Dec 12
Rivian Stock Soars 13% After Unveiling Its Own in-House RAP1 AI Chip
Rivian stock soared 13% on Friday. Rivian announced its Rivian Autonomy Processor chip and Autonomy Compute Module 3 platform, ready for integration in its own vehicles, and likely those of other automakers.The Rivian Autonomy Processor (RAP1) is a bespoke in-house effort. The chip itself is an Armv...Tiger News
Fri, Dec 12
Pre-Bell｜Nasdaq, S&P 500 Futures Slip; Broadcom Drops 6%; Lululemon Soars 10%; Cannabis Stocks Surge With Tilray up 28%; Gold and Silver Stocks Shine
Futures tracking the S&P 500 and Nasdaq slid on Friday as chipmaker Broadcom's results sparked fresh worries about a potential artificial intelligence bubble, dampening investor optimism from a less hawkish Federal Reserve monetary policy decision earlier in the week.Market SnapshotAt 7:30 a.m. ET, ...Tiger News
Fri, Dec 12
Spot Silver Rises to Fresh Record High of $64.35/Oz. Silver Stocks Shine With Pan American Silver up 3%; AG, Silvercorp, Endeavour Silver up over 2%
Silver stocks rose in premarket trading on Friday as Pan American Silver up 3%; First Majestic Silver, Silvercorp, Endeavour Silver up over 2%。Spot silver rose to fresh record high of $64.35 per ounce.Tiger News
Fri, Dec 12
Premarket Movers | Cannabis Stocks Rocket with Tilray up 24%; Canopy Growth up 21%; SNDL up 16%; Lululemon, DXYZ Surge 10% Each
President Donald Trump is expected to direct his administration to move to reclassify marijuana as a less dangerous drug, according to people familiar with the matter, a move that could represent one of the biggest shifts in US policy toward cannabis in decades.Cannabis stocks surged. Tilray up 24%;...Tiger News
Fri, Dec 12
Broadcom Shares Fall 4% as It Sees Dip in Quarterly Margins Due to AI
Broadcom projected first-quarter revenue above Wall Street estimates on Thursday, but said that margins would fall due to a higher mix of AI revenue, and shares fell 4% in premarket trading on Friday.Broadcom has jumped into the AI chip business, which has investors nervous about the profitability a...Tiger News
Fri, Dec 12
Crypto Daily | Coinbase Ready to Launch Prediction Markets, Tokenized Stocks; Robinhood Sinks as Trading Volumes Decline
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsCoinbase Ready to Launch Prediction Markets, Tokenized StocksCoinbase plans to roll out prediction markets and tokenized equities, moving into two of the fastest-gr...Tiger News
Fri, Dec 12
HK Movers | HSBC Holdings Breaks HK$2 Trillion Market Cap as Stock Reaches All-Time High
HSBC Holdings extended its gains in Hong Kong, rising nearly 3% with its market cap surpassing HK$2 trillion. Standard Chartered climbed almost 2%, with both stocks hitting fresh record highs.Tiger News
Fri, Dec 12
HK Movers | China Property Stocks Jump With Shimao Group up 7%
China property stocks jumped in Hong Kong. Shimao Group rose 7%; Ronshine China rose 5%; China Vanke rose 4%; Sunac China rose 3%.China’s Central Economic Work Conference emphasized the need to stabilize the property market by adopting city-specific policies to control new supply, reduce inventory, ...Tiger News
Fri, Dec 12
24H｜Tilray Up 31%; Canopy Growth Up 29%; SNDL Up 19%; Cronos And Aurora Cannabis Up 18%; DXYZ Jumps 8%
Cannabis Stocks Surge. Tilray up 31%; Canopy Growth up 29%; SNDL up 19%; Cronos and Aurora Cannabis up 18%; OGI up 7%. Destiny Tech100 Inc jumps 8% after surging 16% on report saying top holding SpaceX is lining up blockbuster IPO.Tiger News
Fri, Dec 12
Post-Bell | Dow, S&P 500 Mark Record Closes; Oracle Sinks 11%; Robinhood down 9%; Alphabet, Nvidia Drop 2%; Gemini Surges 32%; Rocket Lab up 10%
The S&P 500 and the Dow boasted record closing highs on Thursday after a Federal Reserve policy update that was less hawkish than expected while the tech-heavy Nasdaq underperformed as Oracle's financial update made investors wary of artificial intelligence bets.Market SnapshotThe Dow Jones Industri...Tiger News
Fri, Dec 12
Broadcom Stock Drops 4% Despite Beat-And-Raise Quarterly Report
Broadcom late Thursday handily beat estimates for its fiscal fourth quarter and with its guidance for the current period. Broadcom stock initially rose on the news but later turned negative.The Palo Alto, Calif.-based fabless chipmaker and infrastructure software provider earned an adjusted $1.95 a ...Tiger News
Thu, Dec 11
Top Calls on Wall Street: Nvidia, Tesla, Oracle, Meta Platforms, Visa, Alphabet, Roku & More
Here are the biggest calls on Wall Street on Thursday, formatted for clarity:Bank of America reiterates Nvidia as BuyThe bank says Nvidia shares remain “compelling” at current levels.“Meanwhile, we continue to believe valuation at 25x/19x CY26E/27E PE remains compelling given it represents just ~0.5...Tiger News
Thu, Dec 11
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